Odyssey Marine (Germany) Probability of Future Stock Price Finishing Under 0.43
| OYM1 Stock | EUR 0.34 0.05 12.82% |
Odyssey |
Odyssey Marine Target Price Odds to finish below 0.43
The tendency of Odyssey 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 stay under € 0.43 after 90 days |
| 0.34 | 90 days | 0.43 | about 32.05 |
Based on a normal probability distribution, the odds of Odyssey Marine to stay under € 0.43 after 90 days from now is about 32.05 (This Odyssey Marine Exploration probability density function shows the probability of Odyssey Stock to fall within a particular range of prices over 90 days) . Probability of Odyssey Marine Explo price to stay between its current price of € 0.34 and € 0.43 at the end of the 90-day period is roughly 2.77 .
Assuming the 90 days trading horizon Odyssey Marine Exploration has a beta of -0.7. This indicates as returns on the benchmark increase, returns on holding Odyssey Marine are expected to decrease at a much lower rate. During a bear market, however, Odyssey Marine Exploration is likely to outperform the market. Additionally Odyssey Marine Exploration 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. Odyssey Marine Price Density |
| Price |
Predictive Modules for Odyssey Marine
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Odyssey Marine Explo. 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.Odyssey Marine Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Odyssey Marine is not an exception. The market had few large corrections towards the Odyssey Marine'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 Odyssey Marine Exploration, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Odyssey Marine within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.96 | |
β | Beta against Dow Jones | -0.7 | |
σ | Overall volatility | 1.14 | |
Ir | Information ratio | -0.16 |
Odyssey Marine 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 Odyssey Marine for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Odyssey Marine Explo can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Odyssey Marine Explo generated a negative expected return over the last 90 days | |
| Odyssey Marine Explo has high historical volatility and very poor performance | |
| Odyssey Marine Explo has some characteristics of a very speculative penny stock | |
| Odyssey Marine Explo has high likelihood to experience some financial distress in the next 2 years | |
| Odyssey Marine Exploration has accumulated 18.47 M in total debt. Odyssey Marine Explo has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Odyssey Marine until it has trouble settling it off, either with new capital or with free cash flow. So, Odyssey Marine's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Odyssey Marine Explo sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Odyssey to invest in growth at high rates of return. When we think about Odyssey Marine's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 921.24 K. Net Loss for the year was (9.96 M) with loss before overhead, payroll, taxes, and interest of (8.63 M). | |
| Odyssey Marine Exploration has accumulated about 1.22 M in cash with (5.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders |
Odyssey Marine 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 Odyssey Stock often depends not only on the future outlook of the current and potential Odyssey Marine'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. Odyssey Marine's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.3 M |
Odyssey Marine Technical Analysis
Odyssey Marine's future price can be derived by breaking down and analyzing its technical indicators over time. Odyssey Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Odyssey Marine Exploration. In general, you should focus on analyzing Odyssey Stock price patterns and their correlations with different microeconomic environments and drivers.
Odyssey Marine Predictive Forecast Models
Odyssey Marine's time-series forecasting models is one of many Odyssey Marine'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 Odyssey Marine'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 Odyssey Marine Explo
Checking the ongoing alerts about Odyssey Marine for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Odyssey Marine Explo help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Odyssey Marine Explo generated a negative expected return over the last 90 days | |
| Odyssey Marine Explo has high historical volatility and very poor performance | |
| Odyssey Marine Explo has some characteristics of a very speculative penny stock | |
| Odyssey Marine Explo has high likelihood to experience some financial distress in the next 2 years | |
| Odyssey Marine Exploration has accumulated 18.47 M in total debt. Odyssey Marine Explo has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Odyssey Marine until it has trouble settling it off, either with new capital or with free cash flow. So, Odyssey Marine's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Odyssey Marine Explo sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Odyssey to invest in growth at high rates of return. When we think about Odyssey Marine's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 921.24 K. Net Loss for the year was (9.96 M) with loss before overhead, payroll, taxes, and interest of (8.63 M). | |
| Odyssey Marine Exploration has accumulated about 1.22 M in cash with (5.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders |
Additional Information and Resources on Investing in Odyssey Stock
When determining whether Odyssey Marine Explo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Odyssey Marine's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Odyssey Marine Exploration Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Odyssey Marine Exploration Stock:Check out Odyssey Marine Backtesting, Odyssey Marine Valuation, Odyssey Marine Correlation, Odyssey Marine Hype Analysis, Odyssey Marine Volatility, Odyssey Marine History as well as Odyssey Marine Performance. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..