Onewater Marine Stock Probability of Future Stock Price Finishing Under 18.09
| ONEW Stock | USD 22.19 0.04 0.18% |
Onewater |
Onewater Marine Target Price Odds to finish below 18.09
The tendency of Onewater 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 $ 18.09 or more in 90 days |
| 22.19 | 90 days | 18.09 | near 1 |
Based on a normal probability distribution, the odds of Onewater Marine to drop to $ 18.09 or more in 90 days from now is near 1 (This Onewater Marine probability density function shows the probability of Onewater Stock to fall within a particular range of prices over 90 days) . Probability of Onewater Marine price to stay between $ 18.09 and its current price of $22.19 at the end of the 90-day period is about 41.4 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.84 . 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, Onewater Marine will likely underperform. Additionally Onewater Marine 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. Onewater Marine Price Density |
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Predictive Modules for Onewater Marine
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Onewater Marine. 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 Onewater Marine's 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.
Onewater Marine Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Onewater Marine is not an exception. The market had few large corrections towards the Onewater Marine'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 Onewater Marine, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Onewater Marine within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.4 | |
β | Beta against Dow Jones | 2.84 | |
σ | Overall volatility | 1.45 | |
Ir | Information ratio | -0.05 |
Onewater Marine 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 Onewater Marine for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Onewater Marine can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Onewater Marine had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 1.94 B. Net Loss for the year was (38.59 M) with profit before overhead, payroll, taxes, and interest of 553.65 M. | |
| Onewater Marine currently holds about 95.69 M in cash with (129.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.77. | |
| Onewater Marine has a frail financial position based on the latest SEC disclosures | |
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: OneWater Marine Inc Trading 2.6 percent Higher on Nov 27 |
Onewater Marine 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 Onewater Stock often depends not only on the future outlook of the current and potential Onewater Marine'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. Onewater Marine's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.3 M | |
| Cash And Short Term Investments | 84.6 M |
Onewater Marine Technical Analysis
Onewater Marine's future price can be derived by breaking down and analyzing its technical indicators over time. Onewater Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Onewater Marine. In general, you should focus on analyzing Onewater Stock price patterns and their correlations with different microeconomic environments and drivers.
Onewater Marine Predictive Forecast Models
Onewater Marine's time-series forecasting models is one of many Onewater Marine'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 Onewater Marine'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 Onewater Marine
Checking the ongoing alerts about Onewater Marine for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Onewater Marine help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Onewater Marine had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 1.94 B. Net Loss for the year was (38.59 M) with profit before overhead, payroll, taxes, and interest of 553.65 M. | |
| Onewater Marine currently holds about 95.69 M in cash with (129.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.77. | |
| Onewater Marine has a frail financial position based on the latest SEC disclosures | |
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: OneWater Marine Inc Trading 2.6 percent Higher on Nov 27 |
Additional Tools for Onewater Stock Analysis
When running Onewater Marine's price analysis, check to measure Onewater Marine'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 Onewater Marine is operating at the current time. Most of Onewater Marine's value examination focuses on studying past and present price action to predict the probability of Onewater Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onewater Marine's price. Additionally, you may evaluate how the addition of Onewater Marine to your portfolios can decrease your overall portfolio volatility.