Onemednet Corp Stock Probability of Future Stock Price Finishing Over 20.93
| ONMD Stock | 0.95 0.04 4.40% |
OneMedNet |
OneMedNet Corp Target Price Odds to finish over 20.93
The tendency of OneMedNet 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 20.93 or more in 90 days |
| 0.95 | 90 days | 20.93 | close to zero percent |
Based on a normal probability distribution, the odds of OneMedNet Corp to move over 20.93 or more in 90 days from now is close to zero percent (This OneMedNet Corp probability density function shows the probability of OneMedNet Stock to fall within a particular range of prices over 90 days) . Probability of OneMedNet Corp price to stay between its current price of 0.95 and 20.93 at the end of the 90-day period is about 9.55 .
Given the investment horizon of 90 days OneMedNet Corp has a beta of -0.79. This indicates as returns on the benchmark increase, returns on holding OneMedNet Corp are expected to decrease at a much lower rate. During a bear market, however, OneMedNet Corp is likely to outperform the market. Additionally OneMedNet Corp has an alpha of 0.0969, implying that it can generate a 0.0969 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). OneMedNet Corp Price Density |
| Price |
Predictive Modules for OneMedNet 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 OneMedNet 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.OneMedNet Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. OneMedNet Corp is not an exception. The market had few large corrections towards the OneMedNet 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 OneMedNet Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of OneMedNet Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.1 | |
β | Beta against Dow Jones | -0.79 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.02 |
OneMedNet 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 OneMedNet Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OneMedNet 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.| OneMedNet Corp had very high historical volatility over the last 90 days | |
| OneMedNet Corp has some characteristics of a very speculative penny stock | |
| OneMedNet Corp currently holds 5.1 M in liabilities with Debt to Equity (D/E) ratio of 1.11, which is about average as compared to similar companies. OneMedNet Corp has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about OneMedNet Corp's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 1.02 M. Net Loss for the year was (23.21 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| OneMedNet Corp has a poor financial position based on the latest SEC disclosures | |
| About 60.0% of OneMedNet Corp outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: OneMedNet Announces Receipt of Nasdaq Notice Regarding Delayed Form 10-Q |
OneMedNet 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 OneMedNet Stock often depends not only on the future outlook of the current and potential OneMedNet 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. OneMedNet Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 23.6 M | |
| Cash And Short Term Investments | 47 K |
OneMedNet Corp Technical Analysis
OneMedNet Corp's future price can be derived by breaking down and analyzing its technical indicators over time. OneMedNet Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OneMedNet Corp. In general, you should focus on analyzing OneMedNet Stock price patterns and their correlations with different microeconomic environments and drivers.
OneMedNet Corp Predictive Forecast Models
OneMedNet Corp's time-series forecasting models is one of many OneMedNet 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 OneMedNet 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 OneMedNet Corp
Checking the ongoing alerts about OneMedNet Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OneMedNet Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| OneMedNet Corp had very high historical volatility over the last 90 days | |
| OneMedNet Corp has some characteristics of a very speculative penny stock | |
| OneMedNet Corp currently holds 5.1 M in liabilities with Debt to Equity (D/E) ratio of 1.11, which is about average as compared to similar companies. OneMedNet Corp has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about OneMedNet Corp's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 1.02 M. Net Loss for the year was (23.21 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| OneMedNet Corp has a poor financial position based on the latest SEC disclosures | |
| About 60.0% of OneMedNet Corp outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: OneMedNet Announces Receipt of Nasdaq Notice Regarding Delayed Form 10-Q |
Check out OneMedNet Corp Backtesting, OneMedNet Corp Valuation, OneMedNet Corp Correlation, OneMedNet Corp Hype Analysis, OneMedNet Corp Volatility, OneMedNet Corp History as well as OneMedNet Corp Performance. For information on how to trade OneMedNet Stock refer to our How to Trade OneMedNet Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Health Care Technology 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 OneMedNet Corp. If investors know OneMedNet 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 OneMedNet Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.98) | Revenue Per Share 0.043 | Quarterly Revenue Growth 0.292 | Return On Assets (0.34) |
The market value of OneMedNet Corp is measured differently than its book value, which is the value of OneMedNet that is recorded on the company's balance sheet. Investors also form their own opinion of OneMedNet Corp's value that differs from its market value or its book value, called intrinsic value, which is OneMedNet Corp'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 OneMedNet Corp's market value can be influenced by many factors that don't directly affect OneMedNet Corp'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 OneMedNet Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if OneMedNet Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneMedNet Corp'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.