Obm Drilchem (Indonesia) Probability of Future Stock Price Finishing Over 214.0
| OBMD Stock | 204.00 10.00 4.67% |
Obm |
Obm Drilchem Target Price Odds to finish over 214.0
The tendency of Obm 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 214.00 or more in 90 days |
| 204.00 | 90 days | 214.00 | about 72.63 |
Based on a normal probability distribution, the odds of Obm Drilchem to move over 214.00 or more in 90 days from now is about 72.63 (This Obm Drilchem PT probability density function shows the probability of Obm Stock to fall within a particular range of prices over 90 days) . Probability of Obm Drilchem PT price to stay between its current price of 204.00 and 214.00 at the end of the 90-day period is about 16.87 .
Assuming the 90 days trading horizon Obm Drilchem has a beta of 0.47. This indicates as returns on the market go up, Obm Drilchem average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Obm Drilchem PT will be expected to be much smaller as well. Additionally Obm Drilchem PT 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. Obm Drilchem Price Density |
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Predictive Modules for Obm Drilchem
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Obm Drilchem PT. 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.Obm Drilchem Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Obm Drilchem is not an exception. The market had few large corrections towards the Obm Drilchem'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 Obm Drilchem PT, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Obm Drilchem within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.3 | |
β | Beta against Dow Jones | 0.47 | |
σ | Overall volatility | 15.34 | |
Ir | Information ratio | -0.14 |
Obm Drilchem 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 Obm Drilchem for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Obm Drilchem PT can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Obm Drilchem PT generated a negative expected return over the last 90 days | |
| Obm Drilchem PT has accumulated about 28.28 B in cash with (9.6 B) of positive cash flow from operations. | |
| Roughly 68.0% of the company outstanding shares are owned by corporate insiders |
Obm Drilchem 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 Obm Stock often depends not only on the future outlook of the current and potential Obm Drilchem'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. Obm Drilchem's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 550 M | |
| Cash And Short Term Investments | 28.3 B | |
| Shares Float | 71.9 M |
Obm Drilchem Technical Analysis
Obm Drilchem's future price can be derived by breaking down and analyzing its technical indicators over time. Obm Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Obm Drilchem PT. In general, you should focus on analyzing Obm Stock price patterns and their correlations with different microeconomic environments and drivers.
Obm Drilchem Predictive Forecast Models
Obm Drilchem's time-series forecasting models is one of many Obm Drilchem'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 Obm Drilchem'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 Obm Drilchem PT
Checking the ongoing alerts about Obm Drilchem for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Obm Drilchem PT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Obm Drilchem PT generated a negative expected return over the last 90 days | |
| Obm Drilchem PT has accumulated about 28.28 B in cash with (9.6 B) of positive cash flow from operations. | |
| Roughly 68.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Obm Stock
Obm Drilchem financial ratios help investors to determine whether Obm 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 Obm with respect to the benefits of owning Obm Drilchem security.