Oneview Healthcare (Australia) Probability of Future Stock Price Finishing Over 3.34
| ONE Stock | 0.32 0.01 3.03% |
Oneview |
Oneview Healthcare Target Price Odds to finish over 3.34
The tendency of Oneview 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 over 3.34 or more in 90 days |
| 0.32 | 90 days | 3.34 | close to zero percent |
Based on a normal probability distribution, the odds of Oneview Healthcare to move over 3.34 or more in 90 days from now is close to zero percent (This Oneview Healthcare PLC probability density function shows the probability of Oneview Stock to fall within a particular range of prices over 90 days) . Probability of Oneview Healthcare PLC price to stay between its current price of 0.32 and 3.34 at the end of the 90-day period is about 67.99 .
Assuming the 90 days trading horizon Oneview Healthcare PLC has a beta of -0.0087. This indicates as returns on the benchmark increase, returns on holding Oneview Healthcare are expected to decrease at a much lower rate. During a bear market, however, Oneview Healthcare PLC is likely to outperform the market. Additionally Oneview Healthcare PLC 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. Oneview Healthcare Price Density |
| Price |
Predictive Modules for Oneview Healthcare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oneview Healthcare PLC. 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.Oneview Healthcare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oneview Healthcare is not an exception. The market had few large corrections towards the Oneview Healthcare'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 Oneview Healthcare PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oneview Healthcare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.29 | |
β | Beta against Dow Jones | -0.0087 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.13 |
Oneview Healthcare 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 Oneview Healthcare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oneview Healthcare PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Oneview Healthcare generated a negative expected return over the last 90 days | |
| Oneview Healthcare has some characteristics of a very speculative penny stock | |
| Oneview Healthcare has high historical volatility and very poor performance | |
| Oneview Healthcare has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 9.4 M. Net Loss for the year was (14.47 M) with profit before overhead, payroll, taxes, and interest of 5.35 M. | |
| Oneview Healthcare PLC has accumulated about 6.41 M in cash with (11.77 M) of positive cash flow from operations. | |
| Roughly 41.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Oneview Healthcare Quotes New Securities on ASX - TipRanks |
Oneview Healthcare 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 Oneview Stock often depends not only on the future outlook of the current and potential Oneview Healthcare'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. Oneview Healthcare's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 588.7 M | |
| Cash And Short Term Investments | 11.5 M |
Oneview Healthcare Technical Analysis
Oneview Healthcare's future price can be derived by breaking down and analyzing its technical indicators over time. Oneview Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oneview Healthcare PLC. In general, you should focus on analyzing Oneview Stock price patterns and their correlations with different microeconomic environments and drivers.
Oneview Healthcare Predictive Forecast Models
Oneview Healthcare's time-series forecasting models is one of many Oneview Healthcare'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 Oneview Healthcare'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 Oneview Healthcare PLC
Checking the ongoing alerts about Oneview Healthcare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oneview Healthcare PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Oneview Healthcare generated a negative expected return over the last 90 days | |
| Oneview Healthcare has some characteristics of a very speculative penny stock | |
| Oneview Healthcare has high historical volatility and very poor performance | |
| Oneview Healthcare has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 9.4 M. Net Loss for the year was (14.47 M) with profit before overhead, payroll, taxes, and interest of 5.35 M. | |
| Oneview Healthcare PLC has accumulated about 6.41 M in cash with (11.77 M) of positive cash flow from operations. | |
| Roughly 41.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Oneview Healthcare Quotes New Securities on ASX - TipRanks |
Additional Tools for Oneview Stock Analysis
When running Oneview Healthcare's price analysis, check to measure Oneview Healthcare's 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 Oneview Healthcare is operating at the current time. Most of Oneview Healthcare's value examination focuses on studying past and present price action to predict the probability of Oneview Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oneview Healthcare's price. Additionally, you may evaluate how the addition of Oneview Healthcare to your portfolios can decrease your overall portfolio volatility.