Obducat AB (Germany) Probability of Future Stock Price Finishing Over 0.11
| OBD Stock | EUR 0.07 0.03 29.80% |
Obducat |
Obducat AB Target Price Odds to finish over 0.11
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 move over € 0.11 or more in 90 days |
| 0.07 | 90 days | 0.11 | about 92.59 |
Based on a normal probability distribution, the odds of Obducat AB to move over € 0.11 or more in 90 days from now is about 92.59 (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 its current price of € 0.07 and € 0.11 at the end of the 90-day period is about 7.4 .
Assuming the 90 days trading horizon Obducat AB has a beta of 0.36. This indicates as returns on the market go up, Obducat AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Obducat AB will be expected to be much smaller as well. Additionally Obducat AB 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. 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 | -0.3 | |
β | Beta against Dow Jones | 0.36 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.18 |
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 generated a negative expected return over the last 90 days | |
| Obducat AB has some characteristics of a very speculative penny stock | |
| Obducat AB has high likelihood to experience some financial distress in the next 2 years | |
| The company 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 0. | |
| Obducat AB generates negative 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 | |
| Short Long Term Debt | 16.4 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 generated a negative expected return over the last 90 days | |
| Obducat AB has some characteristics of a very speculative penny stock | |
| Obducat AB has high likelihood to experience some financial distress in the next 2 years | |
| The company 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 0. | |
| Obducat AB generates negative cash flow from operations |
Additional Tools for Obducat Stock Analysis
When running Obducat AB's price analysis, check to measure Obducat AB'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 Obducat AB is operating at the current time. Most of Obducat AB's value examination focuses on studying past and present price action to predict the probability of Obducat AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Obducat AB's price. Additionally, you may evaluate how the addition of Obducat AB to your portfolios can decrease your overall portfolio volatility.