Option Care Health Stock Probability of Future Stock Price Finishing Under 29.97
| OPCH Stock | USD 23.80 0.04 0.17% |
Option |
Option Care Target Price Odds to finish below 29.97
The tendency of Option 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 stay under $ 29.97 after 90 days |
| 23.80 | 90 days | 29.97 | about 66.08 |
Based on a normal probability distribution, the odds of Option Care to stay under $ 29.97 after 90 days from now is about 66.08 (This Option Care Health probability density function shows the probability of Option Stock to fall within a particular range of prices over 90 days) . Probability of Option Care Health price to stay between its current price of $ 23.80 and $ 29.97 at the end of the 90-day period is about 53.56 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.7 . 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, Option Care will likely underperform. Additionally Option Care Health 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. Option Care Price Density |
| Price |
Predictive Modules for Option Care
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Option Care Health. 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 Option Care'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.
Option Care Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Option Care is not an exception. The market had few large corrections towards the Option Care'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 Option Care Health, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Option Care within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.55 | |
β | Beta against Dow Jones | 1.70 | |
σ | Overall volatility | 3.95 | |
Ir | Information ratio | -0.14 |
Option Care 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 Option Care for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Option Care Health can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Option Care Health generated a negative expected return over the last 90 days | |
| Option Care Health has high historical volatility and very poor performance | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Option Care Health, Inc. Stock Has Shown Weakness Lately But Financials Look Strong Should Prospective Shareholders Make The Leap |
Option Care 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 Option Stock often depends not only on the future outlook of the current and potential Option Care'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. Option Care's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 180.4 M | |
| Cash And Short Term Investments | 343.8 M |
Option Care Technical Analysis
Option Care's future price can be derived by breaking down and analyzing its technical indicators over time. Option Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Option Care Health. In general, you should focus on analyzing Option Stock price patterns and their correlations with different microeconomic environments and drivers.
Option Care Predictive Forecast Models
Option Care's time-series forecasting models is one of many Option Care'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 Option Care'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 Option Care Health
Checking the ongoing alerts about Option Care for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Option Care Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Option Care Health generated a negative expected return over the last 90 days | |
| Option Care Health has high historical volatility and very poor performance | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Option Care Health, Inc. Stock Has Shown Weakness Lately But Financials Look Strong Should Prospective Shareholders Make The Leap |
Check out Option Care Backtesting, Option Care Valuation, Option Care Correlation, Option Care Hype Analysis, Option Care Volatility, Option Care History as well as Option Care Performance. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Health Care Providers & Services 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 Option Care. If investors know Option 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 Option Care listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.19 | Revenue Per Share 27.548 | Quarterly Revenue Growth 0.17 | Return On Assets 0.0598 | Return On Equity 0.1457 |
The market value of Option Care Health is measured differently than its book value, which is the value of Option that is recorded on the company's balance sheet. Investors also form their own opinion of Option Care's value that differs from its market value or its book value, called intrinsic value, which is Option Care'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 Option Care's market value can be influenced by many factors that don't directly affect Option Care'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 Option Care's value and its price as these two are different measures arrived at by different means. Investors typically determine if Option Care is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Option Care'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.