OAKRIDGE INTERNATIONAL (Germany) Probability of Future Stock Price Finishing Over 0.034
| U9O0 Stock | EUR 0.03 0 6.85% |
OAKRIDGE |
OAKRIDGE INTERNATIONAL Target Price Odds to finish over 0.034
The tendency of OAKRIDGE 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 |
| 0.03 | 90 days | 0.03 | about 5.89 |
Based on a normal probability distribution, the odds of OAKRIDGE INTERNATIONAL to move above the current price in 90 days from now is about 5.89 (This OAKRIDGE INTERNATIONAL probability density function shows the probability of OAKRIDGE Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon OAKRIDGE INTERNATIONAL has a beta of -0.26. This usually implies as returns on the benchmark increase, returns on holding OAKRIDGE INTERNATIONAL are expected to decrease at a much lower rate. During a bear market, however, OAKRIDGE INTERNATIONAL is likely to outperform the market. Additionally OAKRIDGE INTERNATIONAL has an alpha of 0.83, implying that it can generate a 0.83 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). OAKRIDGE INTERNATIONAL Price Density |
| Price |
Predictive Modules for OAKRIDGE INTERNATIONAL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OAKRIDGE INTERNATIONAL. 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.OAKRIDGE INTERNATIONAL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. OAKRIDGE INTERNATIONAL is not an exception. The market had few large corrections towards the OAKRIDGE INTERNATIONAL'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 OAKRIDGE INTERNATIONAL, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of OAKRIDGE INTERNATIONAL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.83 | |
β | Beta against Dow Jones | -0.26 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.06 |
OAKRIDGE INTERNATIONAL 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 OAKRIDGE INTERNATIONAL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OAKRIDGE INTERNATIONAL can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| OAKRIDGE INTERNATIONAL is way too risky over 90 days horizon | |
| OAKRIDGE INTERNATIONAL has some characteristics of a very speculative penny stock | |
| OAKRIDGE INTERNATIONAL appears to be risky and price may revert if volatility continues | |
| About 52.0% of the company outstanding shares are owned by insiders |
OAKRIDGE INTERNATIONAL 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 OAKRIDGE Stock often depends not only on the future outlook of the current and potential OAKRIDGE INTERNATIONAL'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. OAKRIDGE INTERNATIONAL's indicators that are reflective of the short sentiment are summarized in the table below.
| Float Shares | 1.68B | |
| Average Daily Volume Last 10 Day | 28.57k | |
| Average Daily Volume In Three Month | 55.38k |
OAKRIDGE INTERNATIONAL Technical Analysis
OAKRIDGE INTERNATIONAL's future price can be derived by breaking down and analyzing its technical indicators over time. OAKRIDGE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OAKRIDGE INTERNATIONAL. In general, you should focus on analyzing OAKRIDGE Stock price patterns and their correlations with different microeconomic environments and drivers.
OAKRIDGE INTERNATIONAL Predictive Forecast Models
OAKRIDGE INTERNATIONAL's time-series forecasting models is one of many OAKRIDGE INTERNATIONAL'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 OAKRIDGE INTERNATIONAL'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 OAKRIDGE INTERNATIONAL
Checking the ongoing alerts about OAKRIDGE INTERNATIONAL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OAKRIDGE INTERNATIONAL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| OAKRIDGE INTERNATIONAL is way too risky over 90 days horizon | |
| OAKRIDGE INTERNATIONAL has some characteristics of a very speculative penny stock | |
| OAKRIDGE INTERNATIONAL appears to be risky and price may revert if volatility continues | |
| About 52.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in OAKRIDGE Stock
OAKRIDGE INTERNATIONAL financial ratios help investors to determine whether OAKRIDGE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in OAKRIDGE with respect to the benefits of owning OAKRIDGE INTERNATIONAL security.