Odyssey Semiconductor Technologies Stock Probability of Future OTC Stock Price Finishing Under 0.0246
| ODII Stock | USD 0.03 0.0006 2.40% |
Odyssey |
Odyssey Semiconductor Target Price Odds to finish below 0.0246
The tendency of Odyssey OTC 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 $ 0.02 or more in 90 days |
| 0.03 | 90 days | 0.02 | about 38.88 |
Based on a normal probability distribution, the odds of Odyssey Semiconductor to drop to $ 0.02 or more in 90 days from now is about 38.88 (This Odyssey Semiconductor Technologies probability density function shows the probability of Odyssey OTC Stock to fall within a particular range of prices over 90 days) . Probability of Odyssey Semiconductor price to stay between $ 0.02 and its current price of $0.0256 at the end of the 90-day period is about 1.64 .
Given the investment horizon of 90 days Odyssey Semiconductor Technologies has a beta of -1.44. This indicates as returns on its benchmark rise, returns on holding Odyssey Semiconductor Technologies are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Odyssey Semiconductor is expected to outperform its benchmark. Additionally Odyssey Semiconductor Technologies 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. Odyssey Semiconductor Price Density |
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Predictive Modules for Odyssey Semiconductor
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Odyssey Semiconductor. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Odyssey Semiconductor Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Odyssey Semiconductor is not an exception. The market had few large corrections towards the Odyssey Semiconductor'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 Odyssey Semiconductor Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Odyssey Semiconductor within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.22 | |
β | Beta against Dow Jones | -1.44 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.05 |
Odyssey Semiconductor 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 Odyssey Semiconductor for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Odyssey Semiconductor can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Odyssey Semiconductor generated a negative expected return over the last 90 days | |
| Odyssey Semiconductor has high historical volatility and very poor performance | |
| Odyssey Semiconductor has some characteristics of a very speculative penny stock | |
| Odyssey Semiconductor has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 321.05 K. Net Loss for the year was (4.88 M) with profit before overhead, payroll, taxes, and interest of 92.55 K. | |
| Odyssey Semiconductor Technologies currently holds about 604.25 K in cash with (3.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 67.0% of the company outstanding shares are owned by corporate insiders |
Odyssey Semiconductor 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 Odyssey OTC Stock often depends not only on the future outlook of the current and potential Odyssey Semiconductor'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. Odyssey Semiconductor's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12.7 M |
Odyssey Semiconductor Technical Analysis
Odyssey Semiconductor's future price can be derived by breaking down and analyzing its technical indicators over time. Odyssey OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Odyssey Semiconductor Technologies. In general, you should focus on analyzing Odyssey OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Odyssey Semiconductor Predictive Forecast Models
Odyssey Semiconductor's time-series forecasting models is one of many Odyssey Semiconductor's otc 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 Odyssey Semiconductor'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 otc stock market movement and maximize returns from investment trading.
Things to note about Odyssey Semiconductor
Checking the ongoing alerts about Odyssey Semiconductor for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Odyssey Semiconductor help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Odyssey Semiconductor generated a negative expected return over the last 90 days | |
| Odyssey Semiconductor has high historical volatility and very poor performance | |
| Odyssey Semiconductor has some characteristics of a very speculative penny stock | |
| Odyssey Semiconductor has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 321.05 K. Net Loss for the year was (4.88 M) with profit before overhead, payroll, taxes, and interest of 92.55 K. | |
| Odyssey Semiconductor Technologies currently holds about 604.25 K in cash with (3.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 67.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Odyssey OTC Stock
Odyssey Semiconductor financial ratios help investors to determine whether Odyssey OTC 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 Odyssey with respect to the benefits of owning Odyssey Semiconductor security.