Optima Health (UK) Probability of Future Stock Price Finishing Under 153.96
| OPT Stock | 155.50 0.10 0.06% |
Optima |
Optima Health Target Price Odds to finish below 153.96
The tendency of Optima 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 drop to 153.96 or more in 90 days |
| 155.50 | 90 days | 153.96 | about 29.13 |
Based on a normal probability distribution, the odds of Optima Health to drop to 153.96 or more in 90 days from now is about 29.13 (This Optima Health plc probability density function shows the probability of Optima Stock to fall within a particular range of prices over 90 days) . Probability of Optima Health plc price to stay between 153.96 and its current price of 155.5 at the end of the 90-day period is about 8.51 .
Assuming the 90 days trading horizon Optima Health has a beta of 0.24. This indicates as returns on the market go up, Optima Health average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Optima Health plc will be expected to be much smaller as well. Additionally Optima Health plc has an alpha of 0.0332, implying that it can generate a 0.0332 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Optima Health Price Density |
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Predictive Modules for Optima Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Optima Health plc. 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.Optima Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Optima Health is not an exception. The market had few large corrections towards the Optima Health'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 Optima Health plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Optima Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 6.58 | |
Ir | Information ratio | -0.04 |
Optima Health Technical Analysis
Optima Health's future price can be derived by breaking down and analyzing its technical indicators over time. Optima Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Optima Health plc. In general, you should focus on analyzing Optima Stock price patterns and their correlations with different microeconomic environments and drivers.
Optima Health Predictive Forecast Models
Optima Health's time-series forecasting models is one of many Optima Health'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 Optima Health'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Optima Health in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Optima Health's short interest history, or implied volatility extrapolated from Optima Health options trading.
Other Information on Investing in Optima Stock
Optima Health financial ratios help investors to determine whether Optima Stock 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 Optima with respect to the benefits of owning Optima Health security.