Onxeo SA (Germany) Odds of Future Stock Price Finishing Over 1.47
| C4X Stock | EUR 0.11 0.01 8.33% |
Onxeo |
Onxeo SA Target Price Odds to finish over 1.47
The tendency of Onxeo 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 € 1.47 or more in 90 days |
| 0.11 | 90 days | 1.47 | close to zero percent |
Based on a normal probability distribution, the odds of Onxeo SA to move over € 1.47 or more in 90 days from now is close to zero percent (This Onxeo SA probability density function shows the probability of Onxeo Stock to fall within a particular range of prices over 90 days) . Probability of Onxeo SA price to stay between its current price of € 0.11 and € 1.47 at the end of the 90-day period is about 81.84 .
Assuming the 90 days horizon Onxeo SA has a beta of -0.52 suggesting as returns on the benchmark increase, returns on holding Onxeo SA are expected to decrease at a much lower rate. During a bear market, however, Onxeo SA is likely to outperform the market. Additionally Onxeo SA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Onxeo SA Price Density |
| Price |
Predictive Modules for Onxeo SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Onxeo SA. 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 Onxeo SA'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.
Onxeo SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Onxeo SA is not an exception. The market had few large corrections towards the Onxeo SA'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 Onxeo SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Onxeo SA within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.12 | |
β | Beta against NYSE Composite | -0.52 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.03 |
Onxeo SA 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 Onxeo SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Onxeo SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Onxeo SA had very high historical volatility over the last 90 days | |
| Onxeo SA has some characteristics of a very speculative penny stock | |
| Onxeo SA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 4.06 M. Net Loss for the year was (5.94 M) with profit before overhead, payroll, taxes, and interest of 3.69 M. | |
| Onxeo SA has accumulated about 24.46 M in cash with (8.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 13.0% of the company shares are held by company insiders |
Onxeo SA 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 Onxeo Stock often depends not only on the future outlook of the current and potential Onxeo SA'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. Onxeo SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 91.7 M |
Onxeo SA Technical Analysis
Onxeo SA's future price can be derived by breaking down and analyzing its technical indicators over time. Onxeo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Onxeo SA. In general, you should focus on analyzing Onxeo Stock price patterns and their correlations with different microeconomic environments and drivers.
Onxeo SA Predictive Forecast Models
Onxeo SA's time-series forecasting models is one of many Onxeo SA'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 Onxeo SA'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 Onxeo SA
Checking the ongoing alerts about Onxeo SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Onxeo SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Onxeo SA had very high historical volatility over the last 90 days | |
| Onxeo SA has some characteristics of a very speculative penny stock | |
| Onxeo SA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 4.06 M. Net Loss for the year was (5.94 M) with profit before overhead, payroll, taxes, and interest of 3.69 M. | |
| Onxeo SA has accumulated about 24.46 M in cash with (8.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 13.0% of the company shares are held by company insiders |
Check out Onxeo SA Backtesting, Onxeo SA Valuation, Onxeo SA Correlation, Onxeo SA Hype Analysis, Onxeo SA Volatility, Onxeo SA History as well as Onxeo SA Performance. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Onxeo Stock analysis
When running Onxeo SA's price analysis, check to measure Onxeo SA's 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 Onxeo SA is operating at the current time. Most of Onxeo SA's value examination focuses on studying past and present price action to predict the probability of Onxeo SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onxeo SA's price. Additionally, you may evaluate how the addition of Onxeo SA to your portfolios can decrease your overall portfolio volatility.
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