Ocean Harvest (UK) Probability of Future Stock Price Finishing Under 21.0
| OHT Stock | 8.50 0.00 0.00% |
Ocean |
Ocean Harvest Target Price Odds to finish below 21.0
The tendency of Ocean 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 21.00 after 90 days |
| 8.50 | 90 days | 21.00 | close to 99 |
Based on a normal probability distribution, the odds of Ocean Harvest to stay under 21.00 after 90 days from now is close to 99 (This Ocean Harvest Technology probability density function shows the probability of Ocean Stock to fall within a particular range of prices over 90 days) . Probability of Ocean Harvest Technology price to stay between its current price of 8.50 and 21.00 at the end of the 90-day period is about 80.64 .
Assuming the 90 days trading horizon Ocean Harvest Technology has a beta of -0.0782. This indicates as returns on the benchmark increase, returns on holding Ocean Harvest are expected to decrease at a much lower rate. During a bear market, however, Ocean Harvest Technology is likely to outperform the market. Additionally Ocean Harvest Technology 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. Ocean Harvest Price Density |
| Price |
Predictive Modules for Ocean Harvest
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ocean Harvest Technology. 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.Ocean Harvest Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ocean Harvest is not an exception. The market had few large corrections towards the Ocean Harvest'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 Ocean Harvest Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ocean Harvest within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.31 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 0.74 | |
Ir | Information ratio | -0.18 |
Ocean Harvest 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 Ocean Harvest for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ocean Harvest Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ocean Harvest generated a negative expected return over the last 90 days | |
| About 78.0% of the company outstanding shares are owned by corporate insiders |
Ocean Harvest 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 Ocean Stock often depends not only on the future outlook of the current and potential Ocean Harvest'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. Ocean Harvest's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 125.9 M |
Ocean Harvest Technical Analysis
Ocean Harvest's future price can be derived by breaking down and analyzing its technical indicators over time. Ocean Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ocean Harvest Technology. In general, you should focus on analyzing Ocean Stock price patterns and their correlations with different microeconomic environments and drivers.
Ocean Harvest Predictive Forecast Models
Ocean Harvest's time-series forecasting models is one of many Ocean Harvest'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 Ocean Harvest'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 Ocean Harvest Technology
Checking the ongoing alerts about Ocean Harvest for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ocean Harvest Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ocean Harvest generated a negative expected return over the last 90 days | |
| About 78.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Ocean Stock
Ocean Harvest financial ratios help investors to determine whether Ocean 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 Ocean with respect to the benefits of owning Ocean Harvest security.