Overstockcom Probability of Future Stock Price Finishing Under 23.8
| OSTKDelisted Stock | USD 30.92 1.13 3.53% |
Overstockcom |
Overstockcom Target Price Odds to finish below 23.8
The tendency of Overstockcom 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 $ 23.80 or more in 90 days |
| 30.92 | 90 days | 23.80 | about 56.53 |
Based on a normal probability distribution, the odds of Overstockcom to drop to $ 23.80 or more in 90 days from now is about 56.53 (This Overstockcom probability density function shows the probability of Overstockcom Stock to fall within a particular range of prices over 90 days) . Probability of Overstockcom price to stay between $ 23.80 and its current price of $30.92 at the end of the 90-day period is about 37.28 .
Given the investment horizon of 90 days Overstockcom has a beta of -1.84. This indicates as returns on its benchmark rise, returns on holding Overstockcom are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Overstockcom is expected to outperform its benchmark. Moreover Overstockcom has an alpha of 1.0567, implying that it can generate a 1.06 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Overstockcom Price Density |
| Price |
Predictive Modules for Overstockcom
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Overstockcom. 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 Overstockcom'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.
Overstockcom Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Overstockcom is not an exception. The market had few large corrections towards the Overstockcom'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 Overstockcom, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Overstockcom within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.06 | |
β | Beta against Dow Jones | -1.84 | |
σ | Overall volatility | 5.16 | |
Ir | Information ratio | 0.14 |
Overstockcom 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 Overstockcom for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Overstockcom can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Overstockcom is not yet fully synchronised with the market data | |
| Overstockcom has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 1.93 B. Net Loss for the year was (35.24 M) with profit before overhead, payroll, taxes, and interest of 443.34 M. | |
| Overstockcom currently holds about 427.53 M in cash with (12.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.35. | |
| Roughly 70.0% of the company shares are owned by institutional investors |
Overstockcom 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 Overstockcom Stock often depends not only on the future outlook of the current and potential Overstockcom'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. Overstockcom's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 44.3 M | |
| Cash And Short Term Investments | 371.3 M |
Overstockcom Technical Analysis
Overstockcom's future price can be derived by breaking down and analyzing its technical indicators over time. Overstockcom Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Overstockcom. In general, you should focus on analyzing Overstockcom Stock price patterns and their correlations with different microeconomic environments and drivers.
Overstockcom Predictive Forecast Models
Overstockcom's time-series forecasting models is one of many Overstockcom'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 Overstockcom'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 Overstockcom
Checking the ongoing alerts about Overstockcom for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Overstockcom help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Overstockcom is not yet fully synchronised with the market data | |
| Overstockcom has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 1.93 B. Net Loss for the year was (35.24 M) with profit before overhead, payroll, taxes, and interest of 443.34 M. | |
| Overstockcom currently holds about 427.53 M in cash with (12.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.35. | |
| Roughly 70.0% of the company shares are owned by institutional investors |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Other Consideration for investing in Overstockcom Stock
If you are still planning to invest in Overstockcom check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Overstockcom's history and understand the potential risks before investing.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |