Oriental Petroleum (Philippines) Probability of Future Stock Price Finishing Over 0.0078
| OPMB Stock | 0.01 0.0001 1.41% |
Oriental |
Oriental Petroleum Target Price Odds to finish over 0.0078
The tendency of Oriental 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 0.01 or more in 90 days |
| 0.01 | 90 days | 0.01 | about 50.25 |
Based on a normal probability distribution, the odds of Oriental Petroleum to move over 0.01 or more in 90 days from now is about 50.25 (This Oriental Petroleum and probability density function shows the probability of Oriental Stock to fall within a particular range of prices over 90 days) . Probability of Oriental Petroleum and price to stay between its current price of 0.01 and 0.01 at the end of the 90-day period is about 45.06 .
Assuming the 90 days trading horizon Oriental Petroleum has a beta of 0.46. This indicates as returns on the market go up, Oriental Petroleum average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oriental Petroleum and will be expected to be much smaller as well. Additionally Oriental Petroleum and 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. Oriental Petroleum Price Density |
| Price |
Predictive Modules for Oriental Petroleum
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oriental Petroleum and. 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.Oriental Petroleum Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oriental Petroleum is not an exception. The market had few large corrections towards the Oriental Petroleum'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 Oriental Petroleum and, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oriental Petroleum within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 0.0005 | |
Ir | Information ratio | -0.06 |
Oriental Petroleum 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 Oriental Petroleum for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oriental Petroleum and can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Oriental Petroleum has some characteristics of a very speculative penny stock | |
| Oriental Petroleum had very high historical volatility over the last 90 days |
Oriental Petroleum 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 Oriental Stock often depends not only on the future outlook of the current and potential Oriental Petroleum'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. Oriental Petroleum's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 200 B | |
| Dividends Paid | 1.9 M | |
| Cash And Short Term Investments | 19.9 M |
Oriental Petroleum Technical Analysis
Oriental Petroleum's future price can be derived by breaking down and analyzing its technical indicators over time. Oriental Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oriental Petroleum and. In general, you should focus on analyzing Oriental Stock price patterns and their correlations with different microeconomic environments and drivers.
Oriental Petroleum Predictive Forecast Models
Oriental Petroleum's time-series forecasting models is one of many Oriental Petroleum'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 Oriental Petroleum'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 Oriental Petroleum and
Checking the ongoing alerts about Oriental Petroleum for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oriental Petroleum and help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Oriental Petroleum has some characteristics of a very speculative penny stock | |
| Oriental Petroleum had very high historical volatility over the last 90 days |
Additional Tools for Oriental Stock Analysis
When running Oriental Petroleum's price analysis, check to measure Oriental Petroleum'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 Oriental Petroleum is operating at the current time. Most of Oriental Petroleum's value examination focuses on studying past and present price action to predict the probability of Oriental Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oriental Petroleum's price. Additionally, you may evaluate how the addition of Oriental Petroleum to your portfolios can decrease your overall portfolio volatility.