Oscar Health Stock Probability of Future Stock Price Finishing Over 15.98
| OSCR Stock | USD 15.98 0.33 2.02% |
Oscar |
Oscar Health Target Price Odds to finish over 15.98
The tendency of Oscar 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 |
| 15.98 | 90 days | 15.98 | about 79.4 |
Based on a normal probability distribution, the odds of Oscar Health to move above the current price in 90 days from now is about 79.4 (This Oscar Health probability density function shows the probability of Oscar Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Oscar Health has a beta of -0.48. This indicates as returns on the benchmark increase, returns on holding Oscar Health are expected to decrease at a much lower rate. During a bear market, however, Oscar Health is likely to outperform the market. Additionally Oscar Health has an alpha of 0.1184, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Oscar Health Price Density |
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Predictive Modules for Oscar 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 Oscar 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 Oscar Health'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.
Oscar Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oscar Health is not an exception. The market had few large corrections towards the Oscar 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 Oscar Health, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oscar Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | -0.48 | |
σ | Overall volatility | 2.45 | |
Ir | Information ratio | -0.0054 |
Oscar Health 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 Oscar Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oscar 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.| Oscar Health generated a negative expected return over the last 90 days | |
| Oscar Health has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 5.86 B. Net Loss for the year was (270.73 M) with profit before overhead, payroll, taxes, and interest of 707.87 M. | |
| Oscar Health currently holds about 2.83 B in cash with (272.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.18. | |
| Over 87.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Oscar Health Shares Plunge Amid Market Volatility |
Oscar Health 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 Oscar Stock often depends not only on the future outlook of the current and potential Oscar Health'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. Oscar Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 221.7 M | |
| Cash And Short Term Investments | 2.6 B |
Oscar Health Technical Analysis
Oscar Health's future price can be derived by breaking down and analyzing its technical indicators over time. Oscar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oscar Health. In general, you should focus on analyzing Oscar Stock price patterns and their correlations with different microeconomic environments and drivers.
Oscar Health Predictive Forecast Models
Oscar Health's time-series forecasting models is one of many Oscar 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 Oscar 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.
Things to note about Oscar Health
Checking the ongoing alerts about Oscar Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oscar Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Oscar Health generated a negative expected return over the last 90 days | |
| Oscar Health has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 5.86 B. Net Loss for the year was (270.73 M) with profit before overhead, payroll, taxes, and interest of 707.87 M. | |
| Oscar Health currently holds about 2.83 B in cash with (272.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.18. | |
| Over 87.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Oscar Health Shares Plunge Amid Market Volatility |
Additional Tools for Oscar Stock Analysis
When running Oscar Health's price analysis, check to measure Oscar Health'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 Oscar Health is operating at the current time. Most of Oscar Health's value examination focuses on studying past and present price action to predict the probability of Oscar Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oscar Health's price. Additionally, you may evaluate how the addition of Oscar Health to your portfolios can decrease your overall portfolio volatility.