Omico Corp (Philippines) Probability of Future Stock Price Finishing Over 0.13
| OM Stock | 0.13 0.03 18.75% |
Omico |
Omico Corp Target Price Odds to finish over 0.13
The tendency of Omico 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 above the current price in 90 days |
| 0.13 | 90 days | 0.13 | about 85.31 |
Based on a normal probability distribution, the odds of Omico Corp to move above the current price in 90 days from now is about 85.31 (This Omico Corp probability density function shows the probability of Omico Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Omico Corp has a beta of 0.46. This indicates as returns on the market go up, Omico Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Omico Corp will be expected to be much smaller as well. Additionally Omico Corp 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. Omico Corp Price Density |
| Price |
Predictive Modules for Omico Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Omico 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.Omico Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Omico Corp is not an exception. The market had few large corrections towards the Omico Corp'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 Omico Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Omico Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.51 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.06 |
Omico Corp 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 Omico Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Omico 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.| Omico Corp is way too risky over 90 days horizon | |
| Omico Corp has some characteristics of a very speculative penny stock | |
| Omico Corp appears to be risky and price may revert if volatility continues | |
| Omico Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (14.33 M) with profit before overhead, payroll, taxes, and interest of 0. |
Omico Corp 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 Omico Stock often depends not only on the future outlook of the current and potential Omico Corp'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. Omico Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B | |
| Short Term Investments | 65.2 M | |
| Cash And Short Term Investments | 384.6 M |
Omico Corp Technical Analysis
Omico Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Omico Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Omico Corp. In general, you should focus on analyzing Omico Stock price patterns and their correlations with different microeconomic environments and drivers.
Omico Corp Predictive Forecast Models
Omico Corp's time-series forecasting models is one of many Omico Corp'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 Omico Corp'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 Omico Corp
Checking the ongoing alerts about Omico Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Omico Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Omico Corp is way too risky over 90 days horizon | |
| Omico Corp has some characteristics of a very speculative penny stock | |
| Omico Corp appears to be risky and price may revert if volatility continues | |
| Omico Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (14.33 M) with profit before overhead, payroll, taxes, and interest of 0. |
Other Information on Investing in Omico Stock
Omico Corp financial ratios help investors to determine whether Omico 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 Omico with respect to the benefits of owning Omico Corp security.