Optronics Technologies (Greece) Probability of Future Stock Price Finishing Over 1.48
| OPTRON Stock | EUR 1.48 0.00 0.00% |
Optronics |
Optronics Technologies Target Price Odds to finish over 1.48
The tendency of Optronics 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 |
| 1.48 | 90 days | 1.48 | about 50.0 |
Based on a normal probability distribution, the odds of Optronics Technologies to move above the current price in 90 days from now is about 50.0 (This Optronics Technologies SA probability density function shows the probability of Optronics Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Optronics Technologies SA has a beta of -0.0037. This indicates as returns on the benchmark increase, returns on holding Optronics Technologies are expected to decrease at a much lower rate. During a bear market, however, Optronics Technologies SA is likely to outperform the market. Additionally Optronics Technologies SA 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. Optronics Technologies Price Density |
| Price |
Predictive Modules for Optronics Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Optronics Technologies. 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.Optronics Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Optronics Technologies is not an exception. The market had few large corrections towards the Optronics Technologies' 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 Optronics Technologies SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Optronics Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0095 | |
β | Beta against Dow Jones | -0.0037 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -1.1 |
Optronics Technologies 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 Optronics Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Optronics Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Optronics Technologies may become a speculative penny stock | |
| The company reported the revenue of 1.5 M. Net Loss for the year was (413.84 K) with profit before overhead, payroll, taxes, and interest of 29.57 K. | |
| Optronics Technologies SA has accumulated about 411.68 K in cash with (414.04 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. |
Optronics Technologies Technical Analysis
Optronics Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Optronics Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Optronics Technologies SA. In general, you should focus on analyzing Optronics Stock price patterns and their correlations with different microeconomic environments and drivers.
Optronics Technologies Predictive Forecast Models
Optronics Technologies' time-series forecasting models is one of many Optronics Technologies' 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 Optronics Technologies' 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 Optronics Technologies
Checking the ongoing alerts about Optronics Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Optronics Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Optronics Technologies may become a speculative penny stock | |
| The company reported the revenue of 1.5 M. Net Loss for the year was (413.84 K) with profit before overhead, payroll, taxes, and interest of 29.57 K. | |
| Optronics Technologies SA has accumulated about 411.68 K in cash with (414.04 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. |
Other Information on Investing in Optronics Stock
Optronics Technologies financial ratios help investors to determine whether Optronics 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 Optronics with respect to the benefits of owning Optronics Technologies security.