OPUS GLOBAL (Hungary) Probability of Future Stock Price Finishing Under 508.0
| OPUS Stock | 511.00 1.00 0.20% |
OPUS |
OPUS GLOBAL Target Price Odds to finish below 508.0
The tendency of OPUS 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 508.00 or more in 90 days |
| 511.00 | 90 days | 508.00 | about 65.42 |
Based on a normal probability distribution, the odds of OPUS GLOBAL to drop to 508.00 or more in 90 days from now is about 65.42 (This OPUS GLOBAL Nyrt probability density function shows the probability of OPUS Stock to fall within a particular range of prices over 90 days) . Probability of OPUS GLOBAL Nyrt price to stay between 508.00 and its current price of 511.0 at the end of the 90-day period is nearly 4.01 .
Assuming the 90 days trading horizon OPUS GLOBAL has a beta of 0.0781. This indicates as returns on the market go up, OPUS GLOBAL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding OPUS GLOBAL Nyrt will be expected to be much smaller as well. Additionally OPUS GLOBAL Nyrt has an alpha of 0.2177, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). OPUS GLOBAL Price Density |
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Predictive Modules for OPUS GLOBAL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OPUS GLOBAL Nyrt. 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.OPUS GLOBAL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. OPUS GLOBAL is not an exception. The market had few large corrections towards the OPUS GLOBAL'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 OPUS GLOBAL Nyrt, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of OPUS GLOBAL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 26.88 | |
Ir | Information ratio | 0.09 |
OPUS GLOBAL 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 OPUS GLOBAL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OPUS GLOBAL Nyrt can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 53.0% of the company outstanding shares are owned by corporate insiders |
OPUS GLOBAL 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 OPUS Stock often depends not only on the future outlook of the current and potential OPUS GLOBAL'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. OPUS GLOBAL's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 681.9 M |
OPUS GLOBAL Technical Analysis
OPUS GLOBAL's future price can be derived by breaking down and analyzing its technical indicators over time. OPUS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OPUS GLOBAL Nyrt. In general, you should focus on analyzing OPUS Stock price patterns and their correlations with different microeconomic environments and drivers.
OPUS GLOBAL Predictive Forecast Models
OPUS GLOBAL's time-series forecasting models is one of many OPUS GLOBAL'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 OPUS GLOBAL'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 OPUS GLOBAL Nyrt
Checking the ongoing alerts about OPUS GLOBAL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OPUS GLOBAL Nyrt help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 53.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for OPUS Stock Analysis
When running OPUS GLOBAL's price analysis, check to measure OPUS GLOBAL'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 OPUS GLOBAL is operating at the current time. Most of OPUS GLOBAL's value examination focuses on studying past and present price action to predict the probability of OPUS GLOBAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OPUS GLOBAL's price. Additionally, you may evaluate how the addition of OPUS GLOBAL to your portfolios can decrease your overall portfolio volatility.