Oakridge International (Australia) Probability of Future Stock Price Finishing Over 0.0567
| OAK Stock | 0.06 0.01 14.29% |
Oakridge |
Oakridge International Target Price Odds to finish over 0.0567
The tendency of Oakridge Stock 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 stay above 0.06 in 90 days |
| 0.06 | 90 days | 0.06 | about 99.0 |
Based on a normal probability distribution, the odds of Oakridge International to stay above 0.06 in 90 days from now is about 99.0 (This Oakridge International probability density function shows the probability of Oakridge Stock to fall within a particular range of prices over 90 days) . Probability of Oakridge International price to stay between 0.06 and its current price of 0.06 at the end of the 90-day period is about 10.71 .
Assuming the 90 days trading horizon Oakridge International has a beta of -0.55. This indicates as returns on the benchmark increase, returns on holding Oakridge International are expected to decrease at a much lower rate. During a bear market, however, Oakridge International is likely to outperform the market. Additionally Oakridge International has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Oakridge International Price Density |
| Price |
Predictive Modules for Oakridge International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oakridge International. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.Oakridge International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oakridge International is not an exception. The market had few large corrections towards the Oakridge International'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 Oakridge International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oakridge International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | -0.55 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.11 |
Oakridge International 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 Oakridge International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oakridge International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Oakridge International generated a negative expected return over the last 90 days | |
| Oakridge International has some characteristics of a very speculative penny stock | |
| Oakridge International has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 814.73 K. Net Loss for the year was (761.25 K) with profit before overhead, payroll, taxes, and interest of 386.66 K. | |
| Oakridge International generates negative cash flow from operations | |
| About 75.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Should Shareholders Have Second Thoughts About A Pay Rise For Oakridge International Limiteds CEO This Year - Simply Wall St |
Oakridge International Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Oakridge Stock often depends not only on the future outlook of the current and potential Oakridge International's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Oakridge International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.7 M | |
| Cash And Short Term Investments | 1 M |
Oakridge International Technical Analysis
Oakridge International's future price can be derived by breaking down and analyzing its technical indicators over time. Oakridge Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oakridge International. In general, you should focus on analyzing Oakridge Stock price patterns and their correlations with different microeconomic environments and drivers.
Oakridge International Predictive Forecast Models
Oakridge International's time-series forecasting models is one of many Oakridge International's stock 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 Oakridge International'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 stock market movement and maximize returns from investment trading.
Things to note about Oakridge International
Checking the ongoing alerts about Oakridge International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oakridge International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Oakridge International generated a negative expected return over the last 90 days | |
| Oakridge International has some characteristics of a very speculative penny stock | |
| Oakridge International has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 814.73 K. Net Loss for the year was (761.25 K) with profit before overhead, payroll, taxes, and interest of 386.66 K. | |
| Oakridge International generates negative cash flow from operations | |
| About 75.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Should Shareholders Have Second Thoughts About A Pay Rise For Oakridge International Limiteds CEO This Year - Simply Wall St |
Additional Tools for Oakridge Stock Analysis
When running Oakridge International's price analysis, check to measure Oakridge International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oakridge International is operating at the current time. Most of Oakridge International's value examination focuses on studying past and present price action to predict the probability of Oakridge International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oakridge International's price. Additionally, you may evaluate how the addition of Oakridge International to your portfolios can decrease your overall portfolio volatility.