Onemednet Corp Stock Probability of Future Stock Price Finishing Over 0.03
ONMDW Stock | 0.03 0.00 0.00% |
OneMedNet |
OneMedNet Corp Target Price Odds to finish over 0.03
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 above the current price in 90 days |
0.03 | 90 days | 0.03 | about 72.95 |
Based on a normal probability distribution, the odds of OneMedNet Corp to move above the current price in 90 days from now is about 72.95 (This OneMedNet Corp probability density function shows the probability of OneMedNet Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon OneMedNet Corp has a beta of -3.17. This indicates as returns on its benchmark rise, returns on holding OneMedNet Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, OneMedNet Corp is expected to outperform its benchmark. Moreover OneMedNet Corp has an alpha of 1.3194, implying that it can generate a 1.32 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of OneMedNet Corp'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.
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 | 1.32 | |
β | Beta against Dow Jones | -3.17 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.04 |
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 has high likelihood to experience some financial distress in the next 2 years | |
The company reported the 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 | |
Latest headline from news.google.com: OneMedNet Joins Bitcoin Rush, Acquires 34 BTC Following MicroStrategys Lead ONMD Stock News - StockTitan |
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 has high likelihood to experience some financial distress in the next 2 years | |
The company reported the 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 | |
Latest headline from news.google.com: OneMedNet Joins Bitcoin Rush, Acquires 34 BTC Following MicroStrategys Lead ONMD Stock News - StockTitan |
Additional Tools for OneMedNet Stock Analysis
When running OneMedNet Corp's price analysis, check to measure OneMedNet Corp'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 OneMedNet Corp is operating at the current time. Most of OneMedNet Corp's value examination focuses on studying past and present price action to predict the probability of OneMedNet Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OneMedNet Corp's price. Additionally, you may evaluate how the addition of OneMedNet Corp to your portfolios can decrease your overall portfolio volatility.