Oversea-Chinese BankingLimited (Germany) Probability of Future Stock Price Finishing Over 11.47
| OCBA Stock | EUR 11.47 0.09 0.78% |
Oversea-Chinese |
Oversea-Chinese BankingLimited Target Price Odds to finish over 11.47
The tendency of Oversea-Chinese 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 above the current price in 90 days |
| 11.47 | 90 days | 11.47 | about 5.53 |
Based on a normal probability distribution, the odds of Oversea-Chinese BankingLimited to move above the current price in 90 days from now is about 5.53 (This Oversea Chinese Banking probability density function shows the probability of Oversea-Chinese Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Oversea-Chinese BankingLimited has a beta of 0.42. This indicates as returns on the market go up, Oversea-Chinese BankingLimited average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oversea Chinese Banking will be expected to be much smaller as well. Additionally Oversea Chinese Banking has an alpha of 0.1909, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Oversea-Chinese BankingLimited Price Density |
| Price |
Predictive Modules for Oversea-Chinese BankingLimited
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oversea-Chinese BankingLimited. 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.Oversea-Chinese BankingLimited Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oversea-Chinese BankingLimited is not an exception. The market had few large corrections towards the Oversea-Chinese BankingLimited'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 Oversea Chinese Banking, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oversea-Chinese BankingLimited within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | 0.42 | |
σ | Overall volatility | 0.47 | |
Ir | Information ratio | 0.08 |
Oversea-Chinese BankingLimited 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 Oversea-Chinese BankingLimited for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oversea-Chinese BankingLimited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Oversea Chinese Banking has accumulated about 58.73 B in cash with (11.88 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 28.0% of the company outstanding shares are owned by corporate insiders |
Oversea-Chinese BankingLimited 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 Oversea-Chinese Stock often depends not only on the future outlook of the current and potential Oversea-Chinese BankingLimited'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. Oversea-Chinese BankingLimited's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.5 B |
Oversea-Chinese BankingLimited Technical Analysis
Oversea-Chinese BankingLimited's future price can be derived by breaking down and analyzing its technical indicators over time. Oversea-Chinese Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oversea Chinese Banking. In general, you should focus on analyzing Oversea-Chinese Stock price patterns and their correlations with different microeconomic environments and drivers.
Oversea-Chinese BankingLimited Predictive Forecast Models
Oversea-Chinese BankingLimited's time-series forecasting models is one of many Oversea-Chinese BankingLimited'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 Oversea-Chinese BankingLimited'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 Oversea-Chinese BankingLimited
Checking the ongoing alerts about Oversea-Chinese BankingLimited for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oversea-Chinese BankingLimited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Oversea Chinese Banking has accumulated about 58.73 B in cash with (11.88 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 28.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Oversea-Chinese Stock
Oversea-Chinese BankingLimited financial ratios help investors to determine whether Oversea-Chinese 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 Oversea-Chinese with respect to the benefits of owning Oversea-Chinese BankingLimited security.