Ora Banda (Australia) Probability of Future Stock Price Finishing Under 0.26
| OBM Stock | 0.75 0.02 2.60% |
Ora |
Ora Banda Target Price Odds to finish below 0.26
The tendency of Ora 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 drop to 0.26 or more in 90 days |
| 0.75 | 90 days | 0.26 | near 1 |
Based on a normal probability distribution, the odds of Ora Banda to drop to 0.26 or more in 90 days from now is near 1 (This Ora Banda Mining probability density function shows the probability of Ora Stock to fall within a particular range of prices over 90 days) . Probability of Ora Banda Mining price to stay between 0.26 and its current price of 0.75 at the end of the 90-day period is about 67.72 .
Assuming the 90 days trading horizon Ora Banda Mining has a beta of -0.0233. This indicates as returns on the benchmark increase, returns on holding Ora Banda are expected to decrease at a much lower rate. During a bear market, however, Ora Banda Mining is likely to outperform the market. Additionally Ora Banda Mining has an alpha of 0.6331, implying that it can generate a 0.63 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ora Banda Price Density |
| Price |
Predictive Modules for Ora Banda
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ora Banda Mining. 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.Ora Banda Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ora Banda is not an exception. The market had few large corrections towards the Ora Banda'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 Ora Banda Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ora Banda within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.63 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | 0.13 |
Ora Banda 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 Ora Banda for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ora Banda Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ora Banda Mining has some characteristics of a very speculative penny stock | |
| Ora Banda Mining appears to be risky and price may revert if volatility continues | |
| About 45.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Ora Banda Mining Sees Stake Reduction by Hawkes Point - MSN |
Ora Banda 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 Ora Stock often depends not only on the future outlook of the current and potential Ora Banda'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. Ora Banda's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.9 B | |
| Cash And Short Term Investments | 26.8 M |
Ora Banda Technical Analysis
Ora Banda's future price can be derived by breaking down and analyzing its technical indicators over time. Ora Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ora Banda Mining. In general, you should focus on analyzing Ora Stock price patterns and their correlations with different microeconomic environments and drivers.
Ora Banda Predictive Forecast Models
Ora Banda's time-series forecasting models is one of many Ora Banda'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 Ora Banda'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 Ora Banda Mining
Checking the ongoing alerts about Ora Banda for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ora Banda Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ora Banda Mining has some characteristics of a very speculative penny stock | |
| Ora Banda Mining appears to be risky and price may revert if volatility continues | |
| About 45.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Ora Banda Mining Sees Stake Reduction by Hawkes Point - MSN |
Additional Tools for Ora Stock Analysis
When running Ora Banda's price analysis, check to measure Ora Banda'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 Ora Banda is operating at the current time. Most of Ora Banda's value examination focuses on studying past and present price action to predict the probability of Ora Banda's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ora Banda's price. Additionally, you may evaluate how the addition of Ora Banda to your portfolios can decrease your overall portfolio volatility.