Olink Holding AB Probability of Future Stock Price Finishing Under 14.75
| OLKDelisted Stock | USD 26.08 0.00 0.00% |
Olink |
Olink Holding Target Price Odds to finish below 14.75
The tendency of Olink 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 $ 14.75 or more in 90 days |
| 26.08 | 90 days | 14.75 | near 1 |
Based on a normal probability distribution, the odds of Olink Holding to drop to $ 14.75 or more in 90 days from now is near 1 (This Olink Holding AB probability density function shows the probability of Olink Stock to fall within a particular range of prices over 90 days) . Probability of Olink Holding AB price to stay between $ 14.75 and its current price of $26.08 at the end of the 90-day period is roughly 96.0 .
Considering the 90-day investment horizon Olink Holding AB has a beta of -0.0899. This indicates as returns on the benchmark increase, returns on holding Olink Holding are expected to decrease at a much lower rate. During a bear market, however, Olink Holding AB is likely to outperform the market. Additionally Olink Holding AB has an alpha of 0.1756, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Olink Holding Price Density |
| Price |
Predictive Modules for Olink Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Olink Holding AB. 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.Olink Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Olink Holding is not an exception. The market had few large corrections towards the Olink Holding'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 Olink Holding AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Olink Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 1.15 | |
Ir | Information ratio | 0.08 |
Olink Holding 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 Olink Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Olink Holding AB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Olink Holding AB is not yet fully synchronised with the market data | |
| Olink Holding AB has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 169.91 M. Reported Net Loss for the year was (31.66 M) with profit before taxes, overhead, and interest of 94.5 M. | |
| Olink Holding AB has about 99.84 M in cash with (30.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.84. | |
| Roughly 66.0% of the company outstanding shares are owned by corporate insiders |
Olink Holding 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 Olink Stock often depends not only on the future outlook of the current and potential Olink Holding'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. Olink Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 124 M | |
| Cash And Short Term Investments | 121 M |
Olink Holding Technical Analysis
Olink Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Olink Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Olink Holding AB. In general, you should focus on analyzing Olink Stock price patterns and their correlations with different microeconomic environments and drivers.
Olink Holding Predictive Forecast Models
Olink Holding's time-series forecasting models is one of many Olink Holding'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 Olink Holding'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 Olink Holding AB
Checking the ongoing alerts about Olink Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Olink Holding AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Olink Holding AB is not yet fully synchronised with the market data | |
| Olink Holding AB has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 169.91 M. Reported Net Loss for the year was (31.66 M) with profit before taxes, overhead, and interest of 94.5 M. | |
| Olink Holding AB has about 99.84 M in cash with (30.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.84. | |
| Roughly 66.0% of the company outstanding shares are owned by corporate insiders |
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 bureau of economic analysis. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Consideration for investing in Olink Stock
If you are still planning to invest in Olink Holding AB 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 Olink Holding's history and understand the potential risks before investing.
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