Oxford Nanopore Technologies Stock Probability of Future Pink Sheet Price Finishing Over 2.34
| ONTTF Stock | USD 2.08 0.27 14.92% |
Oxford |
Oxford Nanopore Target Price Odds to finish over 2.34
The tendency of Oxford Pink Sheet 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 $ 2.34 or more in 90 days |
| 2.08 | 90 days | 2.34 | about 1.79 |
Based on a normal probability distribution, the odds of Oxford Nanopore to move over $ 2.34 or more in 90 days from now is about 1.79 (This Oxford Nanopore Technologies probability density function shows the probability of Oxford Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Oxford Nanopore Tech price to stay between its current price of $ 2.08 and $ 2.34 at the end of the 90-day period is about 19.4 .
Assuming the 90 days horizon Oxford Nanopore has a beta of 0.53. This indicates as returns on the market go up, Oxford Nanopore average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oxford Nanopore Technologies will be expected to be much smaller as well. Additionally Oxford Nanopore Technologies has an alpha of 0.4647, implying that it can generate a 0.46 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Oxford Nanopore Price Density |
| Price |
Predictive Modules for Oxford Nanopore
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oxford Nanopore Tech. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Oxford Nanopore'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.
Oxford Nanopore Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oxford Nanopore is not an exception. The market had few large corrections towards the Oxford Nanopore'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 Oxford Nanopore Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oxford Nanopore within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.46 | |
β | Beta against Dow Jones | 0.53 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | 0.07 |
Oxford Nanopore 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 Oxford Nanopore for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oxford Nanopore Tech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Oxford Nanopore Tech is way too risky over 90 days horizon | |
| Oxford Nanopore Tech appears to be risky and price may revert if volatility continues | |
| Oxford Nanopore Tech has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 133.66 M. Net Loss for the year was (167.61 M) with profit before overhead, payroll, taxes, and interest of 73.19 M. | |
| Oxford Nanopore Technologies has accumulated about 471.65 M in cash with (53.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.57. | |
| Roughly 34.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Samuel George A. Iii of 15000 shares of Lineage Cell at 0.6 subject to Rule 16b-3 |
Oxford Nanopore 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 Oxford Pink Sheet often depends not only on the future outlook of the current and potential Oxford Nanopore'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. Oxford Nanopore's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 821.6 M |
Oxford Nanopore Technical Analysis
Oxford Nanopore's future price can be derived by breaking down and analyzing its technical indicators over time. Oxford Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oxford Nanopore Technologies. In general, you should focus on analyzing Oxford Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Oxford Nanopore Predictive Forecast Models
Oxford Nanopore's time-series forecasting models is one of many Oxford Nanopore's pink sheet 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 Oxford Nanopore'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Oxford Nanopore Tech
Checking the ongoing alerts about Oxford Nanopore for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oxford Nanopore Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Oxford Nanopore Tech is way too risky over 90 days horizon | |
| Oxford Nanopore Tech appears to be risky and price may revert if volatility continues | |
| Oxford Nanopore Tech has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 133.66 M. Net Loss for the year was (167.61 M) with profit before overhead, payroll, taxes, and interest of 73.19 M. | |
| Oxford Nanopore Technologies has accumulated about 471.65 M in cash with (53.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.57. | |
| Roughly 34.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Samuel George A. Iii of 15000 shares of Lineage Cell at 0.6 subject to Rule 16b-3 |
Other Information on Investing in Oxford Pink Sheet
Oxford Nanopore financial ratios help investors to determine whether Oxford Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Oxford with respect to the benefits of owning Oxford Nanopore security.