Ontrak Inc Chance of Future Preferred Stock Price Finishing Over 0.58
| OTRKPDelisted Preferred Stock | USD 0.53 0.00 0.00% |
Ontrak |
Ontrak Target Price Odds to finish over 0.58
The tendency of Ontrak Preferred 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 over $ 0.58 or more in 90 days |
| 0.53 | 90 days | 0.58 | about 57.93 |
Based on a normal probability distribution, the odds of Ontrak to move over $ 0.58 or more in 90 days from now is about 57.93 (This Ontrak Inc probability density function shows the probability of Ontrak Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Ontrak Inc price to stay between its current price of $ 0.53 and $ 0.58 at the end of the 90-day period is about 17.88 .
Assuming the 90 days horizon the preferred stock has the beta coefficient of 1.77 . 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, Ontrak will likely underperform. Additionally Ontrak Inc 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. Ontrak Price Density |
| Price |
Predictive Modules for Ontrak
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ontrak Inc. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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.Ontrak Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ontrak is not an exception. The market had few large corrections towards the Ontrak'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 Ontrak Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ontrak within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 1.77 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | 0.0002 |
Ontrak 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 Ontrak for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ontrak Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ontrak Inc is not yet fully synchronised with the market data | |
| Ontrak Inc has some characteristics of a very speculative penny stock | |
| Ontrak Inc has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 84.13 M. Net Loss for the year was (37.14 M) with profit before overhead, payroll, taxes, and interest of 52.92 M. | |
| Ontrak Inc has accumulated about 10.05 M in cash with (26.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.39. |
Ontrak 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 Ontrak Preferred Stock often depends not only on the future outlook of the current and potential Ontrak'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. Ontrak's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 20.7 M | |
| Cash And Short Term Investments | 58.8 M |
Ontrak Technical Analysis
Ontrak's future price can be derived by breaking down and analyzing its technical indicators over time. Ontrak Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ontrak Inc. In general, you should focus on analyzing Ontrak Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Ontrak Predictive Forecast Models
Ontrak's time-series forecasting models is one of many Ontrak's preferred 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 Ontrak'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 preferred stock market movement and maximize returns from investment trading.
Things to note about Ontrak Inc
Checking the ongoing alerts about Ontrak for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ontrak Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ontrak Inc is not yet fully synchronised with the market data | |
| Ontrak Inc has some characteristics of a very speculative penny stock | |
| Ontrak Inc has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 84.13 M. Net Loss for the year was (37.14 M) with profit before overhead, payroll, taxes, and interest of 52.92 M. | |
| Ontrak Inc has accumulated about 10.05 M in cash with (26.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.39. |
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 industry. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Consideration for investing in Ontrak Preferred Stock
If you are still planning to invest in Ontrak Inc 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 Ontrak's history and understand the potential risks before investing.
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