Ouro Fino (Brazil) Probability of Future Stock Price Finishing Under 20.66
| OFSA3 Stock | BRL 20.60 0.40 1.90% |
Ouro |
Ouro Fino Target Price Odds to finish below 20.66
The tendency of Ouro 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 stay under R$ 20.66 after 90 days |
| 20.60 | 90 days | 20.66 | about 6.76 |
Based on a normal probability distribution, the odds of Ouro Fino to stay under R$ 20.66 after 90 days from now is about 6.76 (This Ouro Fino Sade probability density function shows the probability of Ouro Stock to fall within a particular range of prices over 90 days) . Probability of Ouro Fino Sade price to stay between its current price of R$ 20.60 and R$ 20.66 at the end of the 90-day period is about 1.09 .
Assuming the 90 days trading horizon Ouro Fino has a beta of 0.0943. This indicates as returns on the market go up, Ouro Fino average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ouro Fino Sade will be expected to be much smaller as well. Additionally Ouro Fino Sade 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. Ouro Fino Price Density |
| Price |
Predictive Modules for Ouro Fino
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ouro Fino Sade. 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.Ouro Fino Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ouro Fino is not an exception. The market had few large corrections towards the Ouro Fino'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 Ouro Fino Sade, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ouro Fino within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 0.68 | |
Ir | Information ratio | -0.18 |
Ouro Fino 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 Ouro Fino for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ouro Fino Sade can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ouro Fino Sade generated a negative expected return over the last 90 days | |
| About 86.0% of the company outstanding shares are owned by corporate insiders |
Ouro Fino 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 Ouro Stock often depends not only on the future outlook of the current and potential Ouro Fino'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. Ouro Fino's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 53.8 M | |
| Cash And Short Term Investments | 161.3 M |
Ouro Fino Technical Analysis
Ouro Fino's future price can be derived by breaking down and analyzing its technical indicators over time. Ouro Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ouro Fino Sade. In general, you should focus on analyzing Ouro Stock price patterns and their correlations with different microeconomic environments and drivers.
Ouro Fino Predictive Forecast Models
Ouro Fino's time-series forecasting models is one of many Ouro Fino'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 Ouro Fino'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 Ouro Fino Sade
Checking the ongoing alerts about Ouro Fino for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ouro Fino Sade help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ouro Fino Sade generated a negative expected return over the last 90 days | |
| About 86.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Ouro Stock Analysis
When running Ouro Fino's price analysis, check to measure Ouro Fino'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 Ouro Fino is operating at the current time. Most of Ouro Fino's value examination focuses on studying past and present price action to predict the probability of Ouro Fino's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ouro Fino's price. Additionally, you may evaluate how the addition of Ouro Fino to your portfolios can decrease your overall portfolio volatility.