Osi Systems Stock Probability of Future Stock Price Finishing Under 154.28
| OSIS Stock | USD 164.91 0.42 0.25% |
OSI |
OSI Systems Target Price Odds to finish below 154.28
The tendency of OSI 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 $ 154.28 or more in 90 days |
| 164.91 | 90 days | 154.28 | about 91.33 |
Based on a normal probability distribution, the odds of OSI Systems to drop to $ 154.28 or more in 90 days from now is about 91.33 (This OSI Systems probability density function shows the probability of OSI Stock to fall within a particular range of prices over 90 days) . Probability of OSI Systems price to stay between $ 154.28 and its current price of $164.91 at the end of the 90-day period is about 8.43 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.54 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, OSI Systems will likely underperform. Additionally OSI Systems has an alpha of 0.0636, implying that it can generate a 0.0636 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). OSI Systems Price Density |
| Price |
Predictive Modules for OSI Systems
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OSI Systems. 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.OSI Systems Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. OSI Systems is not an exception. The market had few large corrections towards the OSI Systems' 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 OSI Systems, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of OSI Systems within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 1.54 | |
σ | Overall volatility | 6.46 | |
Ir | Information ratio | 0.05 |
OSI Systems 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 OSI Systems for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OSI Systems can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| OSI Systems is unlikely to experience financial distress in the next 2 years | |
| OSI Systems currently holds about 64.2 M in cash with (87.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.8. | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: OSI Systems Wins 11M Healthcare Order Time to Buy the Stock |
OSI Systems 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 OSI Stock often depends not only on the future outlook of the current and potential OSI Systems' 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. OSI Systems' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.4 M | |
| Cash And Short Term Investments | 95.4 M |
OSI Systems Technical Analysis
OSI Systems' future price can be derived by breaking down and analyzing its technical indicators over time. OSI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OSI Systems. In general, you should focus on analyzing OSI Stock price patterns and their correlations with different microeconomic environments and drivers.
OSI Systems Predictive Forecast Models
OSI Systems' time-series forecasting models is one of many OSI Systems' 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 OSI Systems' 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 OSI Systems
Checking the ongoing alerts about OSI Systems for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OSI Systems help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| OSI Systems is unlikely to experience financial distress in the next 2 years | |
| OSI Systems currently holds about 64.2 M in cash with (87.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.8. | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: OSI Systems Wins 11M Healthcare Order Time to Buy the Stock |
Additional Tools for OSI Stock Analysis
When running OSI Systems' price analysis, check to measure OSI Systems' 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 OSI Systems is operating at the current time. Most of OSI Systems' value examination focuses on studying past and present price action to predict the probability of OSI Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OSI Systems' price. Additionally, you may evaluate how the addition of OSI Systems to your portfolios can decrease your overall portfolio volatility.