World Oil Group Stock Probability of Future Pink Sheet Price Finishing Under 0.00
| MONI Stock | USD 0.02 0.0002 0.94% |
World |
World Oil Target Price Odds to finish below 0.00
The tendency of World Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 0.00 or more in 90 days |
| 0.02 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of World Oil to drop to $ 0.00 or more in 90 days from now is near 1 (This World Oil Group probability density function shows the probability of World Pink Sheet to fall within a particular range of prices over 90 days) . Probability of World Oil Group price to stay between $ 0.00 and its current price of $0.0214 at the end of the 90-day period is about 56.68 .
Given the investment horizon of 90 days World Oil Group has a beta of -0.54. This indicates as returns on the benchmark increase, returns on holding World Oil are expected to decrease at a much lower rate. During a bear market, however, World Oil Group is likely to outperform the market. In addition to that World Oil Group has an alpha of 2.1397, implying that it can generate a 2.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). World Oil Price Density |
| Price |
Predictive Modules for World Oil
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as World Oil Group. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.World Oil Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. World Oil is not an exception. The market had few large corrections towards the World Oil's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold World Oil Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of World Oil within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.14 | |
β | Beta against Dow Jones | -0.54 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.17 |
World Oil Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of World Oil for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for World Oil Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| World Oil Group is way too risky over 90 days horizon | |
| World Oil Group has some characteristics of a very speculative penny stock | |
| World Oil Group appears to be risky and price may revert if volatility continues |
World Oil Technical Analysis
World Oil's future price can be derived by breaking down and analyzing its technical indicators over time. World Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of World Oil Group. In general, you should focus on analyzing World Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
World Oil Predictive Forecast Models
World Oil's time-series forecasting models is one of many World Oil's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary World Oil's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about World Oil Group
Checking the ongoing alerts about World Oil for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for World Oil Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| World Oil Group is way too risky over 90 days horizon | |
| World Oil Group has some characteristics of a very speculative penny stock | |
| World Oil Group appears to be risky and price may revert if volatility continues |
Other Information on Investing in World Pink Sheet
World Oil financial ratios help investors to determine whether World Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in World with respect to the benefits of owning World Oil security.