Outset Medical Stock Probability of Future Stock Price Finishing Over 0.84
| OM Stock | USD 0.88 0.02 2.22% |
Outset |
Outset Medical Target Price Odds to finish over 0.84
The tendency of Outset 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 above $ 0.84 in 90 days |
| 0.88 | 90 days | 0.84 | roughly 2.28 |
Based on a normal probability distribution, the odds of Outset Medical to stay above $ 0.84 in 90 days from now is roughly 2.28 (This Outset Medical probability density function shows the probability of Outset Stock to fall within a particular range of prices over 90 days) . Probability of Outset Medical price to stay between $ 0.84 and its current price of $0.88 at the end of the 90-day period is about 1.37 .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 1.01 . This indicates Outset Medical market returns are highly reactive to returns on the market. As the market goes up or down, Outset Medical is expected to follow. Additionally Outset Medical has an alpha of 0.4772, implying that it can generate a 0.48 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Outset Medical Price Density |
| Price |
Predictive Modules for Outset Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Outset Medical. 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.Outset Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Outset Medical is not an exception. The market had few large corrections towards the Outset Medical'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 Outset Medical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Outset Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.48 | |
β | Beta against Dow Jones | 1.01 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | 0.07 |
Outset Medical 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 Outset Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Outset Medical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Outset Medical is way too risky over 90 days horizon | |
| Outset Medical has some characteristics of a very speculative penny stock | |
| Outset Medical appears to be risky and price may revert if volatility continues | |
| Outset Medical has high likelihood to experience some financial distress in the next 2 years | |
| The company generated the yearly revenue of 130.38 M. Annual Net Loss to common stockholders was (172.8 M) with gross profit of 17.83 M. | |
| Outset Medical reports about 227.52 M in cash with (131.37 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.71, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 55.0% of the company shares are owned by institutional investors | |
| Latest headline from fool.com: Why Cryptocurrencies and Crypto Stocks Were Bouncing Higher on Tuesday |
Outset Medical 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 Outset Stock often depends not only on the future outlook of the current and potential Outset Medical'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. Outset Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 49.6 M | |
| Cash And Short Term Investments | 203.3 M |
Outset Medical Technical Analysis
Outset Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Outset Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Outset Medical. In general, you should focus on analyzing Outset Stock price patterns and their correlations with different microeconomic environments and drivers.
Outset Medical Predictive Forecast Models
Outset Medical's time-series forecasting models is one of many Outset Medical'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 Outset Medical'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 Outset Medical
Checking the ongoing alerts about Outset Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Outset Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Outset Medical is way too risky over 90 days horizon | |
| Outset Medical has some characteristics of a very speculative penny stock | |
| Outset Medical appears to be risky and price may revert if volatility continues | |
| Outset Medical has high likelihood to experience some financial distress in the next 2 years | |
| The company generated the yearly revenue of 130.38 M. Annual Net Loss to common stockholders was (172.8 M) with gross profit of 17.83 M. | |
| Outset Medical reports about 227.52 M in cash with (131.37 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.71, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 55.0% of the company shares are owned by institutional investors | |
| Latest headline from fool.com: Why Cryptocurrencies and Crypto Stocks Were Bouncing Higher on Tuesday |
Check out Outset Medical Backtesting, Outset Medical Valuation, Outset Medical Correlation, Outset Medical Hype Analysis, Outset Medical Volatility, Outset Medical History as well as Outset Medical Performance. To learn how to invest in Outset Stock, please use our How to Invest in Outset Medical guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Outset Medical. If investors know Outset will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Outset Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.74) | Revenue Per Share 2.235 | Quarterly Revenue Growth (0.06) | Return On Assets (0.27) | Return On Equity (1.41) |
The market value of Outset Medical is measured differently than its book value, which is the value of Outset that is recorded on the company's balance sheet. Investors also form their own opinion of Outset Medical's value that differs from its market value or its book value, called intrinsic value, which is Outset Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Outset Medical's market value can be influenced by many factors that don't directly affect Outset Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Outset Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Outset Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Outset Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.