Omnilit Acquisition Corp Probability of Future Stock Price Finishing Under 10.49
OLITDelisted Stock | USD 10.49 0.00 0.00% |
Omnilit |
Omnilit Acquisition Target Price Odds to finish below 10.49
The tendency of Omnilit 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 below current price in 90 days |
10.49 | 90 days | 10.49 | under 95 |
Based on a normal probability distribution, the odds of Omnilit Acquisition to move below current price in 90 days from now is under 95 (This Omnilit Acquisition Corp probability density function shows the probability of Omnilit Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Omnilit Acquisition has a beta of 0.0291. This indicates as returns on the market go up, Omnilit Acquisition average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Omnilit Acquisition Corp will be expected to be much smaller as well. Additionally Omnilit Acquisition Corp has an alpha of 0.0263, implying that it can generate a 0.0263 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Omnilit Acquisition Price Density |
Price |
Predictive Modules for Omnilit Acquisition
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Omnilit Acquisition Corp. 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.Omnilit Acquisition Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Omnilit Acquisition is not an exception. The market had few large corrections towards the Omnilit Acquisition'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 Omnilit Acquisition Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Omnilit Acquisition within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.35 |
Omnilit Acquisition 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 Omnilit Acquisition for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Omnilit Acquisition Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Omnilit Acquisition is not yet fully synchronised with the market data | |
Omnilit Acquisition has a very high chance of going through financial distress in the upcoming years | |
Omnilit Acquisition Corp currently holds about 190.01 K in cash with (644.47 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Omnilit Acquisition 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 Omnilit Stock often depends not only on the future outlook of the current and potential Omnilit Acquisition'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. Omnilit Acquisition's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 18.8 M | |
Cash And Short Term Investments | 117.5 K |
Omnilit Acquisition Technical Analysis
Omnilit Acquisition's future price can be derived by breaking down and analyzing its technical indicators over time. Omnilit Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Omnilit Acquisition Corp. In general, you should focus on analyzing Omnilit Stock price patterns and their correlations with different microeconomic environments and drivers.
Omnilit Acquisition Predictive Forecast Models
Omnilit Acquisition's time-series forecasting models is one of many Omnilit Acquisition'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 Omnilit Acquisition'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 Omnilit Acquisition Corp
Checking the ongoing alerts about Omnilit Acquisition for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Omnilit Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Omnilit Acquisition is not yet fully synchronised with the market data | |
Omnilit Acquisition has a very high chance of going through financial distress in the upcoming years | |
Omnilit Acquisition Corp currently holds about 190.01 K in cash with (644.47 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Other Consideration for investing in Omnilit Stock
If you are still planning to invest in Omnilit Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Omnilit Acquisition's history and understand the potential risks before investing.
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