Obducat AB (Germany) Probability of Future Stock Price Finishing Over 0.0624
| OBD Stock | EUR 0.07 0.01 18.75% |
Obducat |
Obducat AB Target Price Odds to finish over 0.0624
The tendency of Obducat 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 |
| 0.07 | 90 days | 0.06 | close to 99 |
Based on a normal probability distribution, the odds of Obducat AB to stay above € 0.06 in 90 days from now is close to 99 (This Obducat AB probability density function shows the probability of Obducat Stock to fall within a particular range of prices over 90 days) . Probability of Obducat AB price to stay between € 0.06 and its current price of €0.065 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon the stock has the beta coefficient of 4.64 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Obducat AB will likely underperform. Additionally Obducat AB has an alpha of 0.2726, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Obducat AB Price Density |
| Price |
Predictive Modules for Obducat AB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Obducat AB. 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.Obducat AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Obducat AB is not an exception. The market had few large corrections towards the Obducat AB'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 Obducat AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Obducat AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | 4.64 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.04 |
Obducat AB 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 Obducat AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Obducat AB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Obducat AB is way too risky over 90 days horizon | |
| Obducat AB has some characteristics of a very speculative penny stock | |
| Obducat AB appears to be risky and price may revert if volatility continues | |
| Obducat AB has accumulated 1.3 M in total debt with debt to equity ratio (D/E) of 17.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Obducat AB has a current ratio of 0.64, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Obducat AB until it has trouble settling it off, either with new capital or with free cash flow. So, Obducat AB's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Obducat AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Obducat to invest in growth at high rates of return. When we think about Obducat AB's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 32.15 M. Net Loss for the year was (22.07 M) with profit before overhead, payroll, taxes, and interest of 16.36 M. | |
| Obducat AB has accumulated about 43.24 K in cash with (13.54 M) of positive cash flow from operations. |
Obducat AB 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 Obducat Stock often depends not only on the future outlook of the current and potential Obducat AB'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. Obducat AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 142.5 M |
Obducat AB Technical Analysis
Obducat AB's future price can be derived by breaking down and analyzing its technical indicators over time. Obducat Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Obducat AB. In general, you should focus on analyzing Obducat Stock price patterns and their correlations with different microeconomic environments and drivers.
Obducat AB Predictive Forecast Models
Obducat AB's time-series forecasting models is one of many Obducat AB'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 Obducat AB'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 Obducat AB
Checking the ongoing alerts about Obducat AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Obducat AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Obducat AB is way too risky over 90 days horizon | |
| Obducat AB has some characteristics of a very speculative penny stock | |
| Obducat AB appears to be risky and price may revert if volatility continues | |
| Obducat AB has accumulated 1.3 M in total debt with debt to equity ratio (D/E) of 17.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Obducat AB has a current ratio of 0.64, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Obducat AB until it has trouble settling it off, either with new capital or with free cash flow. So, Obducat AB's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Obducat AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Obducat to invest in growth at high rates of return. When we think about Obducat AB's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 32.15 M. Net Loss for the year was (22.07 M) with profit before overhead, payroll, taxes, and interest of 16.36 M. | |
| Obducat AB has accumulated about 43.24 K in cash with (13.54 M) of positive cash flow from operations. |
Other Information on Investing in Obducat Stock
Obducat AB financial ratios help investors to determine whether Obducat Stock 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 Obducat with respect to the benefits of owning Obducat AB security.