Ondas Holdings Stock Probability of Future Stock Price Finishing Under 0.05
| ONDS Stock | USD 0.81 0.10 14.08% |
Ondas |
Ondas Holdings Target Price Odds to finish below 0.05
The tendency of Ondas 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 $ 0.05 or more in 90 days |
| 0.81 | 90 days | 0.05 | near 1 |
Based on a normal probability distribution, the odds of Ondas Holdings to drop to $ 0.05 or more in 90 days from now is near 1 (This Ondas Holdings probability density function shows the probability of Ondas Stock to fall within a particular range of prices over 90 days) . Probability of Ondas Holdings price to stay between $ 0.05 and its current price of $0.81 at the end of the 90-day period is about 49.95 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.81 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ondas Holdings will likely underperform. Additionally Ondas Holdings 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. Ondas Holdings Price Density |
| Price |
Predictive Modules for Ondas Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ondas Holdings. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ondas Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ondas Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ondas Holdings is not an exception. The market had few large corrections towards the Ondas Holdings' 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 Ondas Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ondas Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 1.81 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | -0.0074 |
Ondas Holdings 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 Ondas Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ondas Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ondas Holdings had very high historical volatility over the last 90 days | |
| Ondas Holdings has some characteristics of a very speculative penny stock | |
| Ondas Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 15.69 M. Net Loss for the year was (44.84 M) with profit before overhead, payroll, taxes, and interest of 1.11 M. | |
| Ondas Holdings currently holds about 28.01 M in cash with (34.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.66. | |
| Ondas Holdings has a poor financial position based on the latest SEC disclosures | |
| Roughly 16.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from newswire.com: Ondas Holdings Receives Extension to Regain Compliance with Nasdaqs Minimum Bid Requirement |
Ondas Holdings 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 Ondas Stock often depends not only on the future outlook of the current and potential Ondas Holdings' 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. Ondas Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 52.7 M | |
| Cash And Short Term Investments | 15 M |
Ondas Holdings Technical Analysis
Ondas Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Ondas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ondas Holdings. In general, you should focus on analyzing Ondas Stock price patterns and their correlations with different microeconomic environments and drivers.
Ondas Holdings Predictive Forecast Models
Ondas Holdings' time-series forecasting models is one of many Ondas Holdings' 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 Ondas Holdings' 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 Ondas Holdings
Checking the ongoing alerts about Ondas Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ondas Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ondas Holdings had very high historical volatility over the last 90 days | |
| Ondas Holdings has some characteristics of a very speculative penny stock | |
| Ondas Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 15.69 M. Net Loss for the year was (44.84 M) with profit before overhead, payroll, taxes, and interest of 1.11 M. | |
| Ondas Holdings currently holds about 28.01 M in cash with (34.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.66. | |
| Ondas Holdings has a poor financial position based on the latest SEC disclosures | |
| Roughly 16.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from newswire.com: Ondas Holdings Receives Extension to Regain Compliance with Nasdaqs Minimum Bid Requirement |
Additional Tools for Ondas Stock Analysis
When running Ondas Holdings' price analysis, check to measure Ondas Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ondas Holdings is operating at the current time. Most of Ondas Holdings' value examination focuses on studying past and present price action to predict the probability of Ondas Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ondas Holdings' price. Additionally, you may evaluate how the addition of Ondas Holdings to your portfolios can decrease your overall portfolio volatility.