Oberbank (Austria) Odds of Future Stock Price Finishing Under 67.75
| OBS Stock | EUR 70.00 0.20 0.29% |
Oberbank |
Oberbank Target Price Odds to finish below 67.75
The tendency of Oberbank 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 € 67.75 or more in 90 days |
| 70.00 | 90 days | 67.75 | near 1 |
Based on a normal probability distribution, the odds of Oberbank to drop to € 67.75 or more in 90 days from now is near 1 (This Oberbank AG probability density function shows the probability of Oberbank Stock to fall within a particular range of prices over 90 days) . Probability of Oberbank AG price to stay between € 67.75 and its current price of €70.0 at the end of the 90-day period is about 81.21 .
Assuming the 90 days trading horizon Oberbank AG has a beta of -0.11. This indicates as returns on the benchmark increase, returns on holding Oberbank are expected to decrease at a much lower rate. During a bear market, however, Oberbank AG is likely to outperform the market. Additionally Oberbank AG has an alpha of 0.001, implying that it can generate a 0.001007 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Oberbank Price Density |
| Price |
Predictive Modules for Oberbank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oberbank AG. 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 Oberbank'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.
Oberbank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oberbank is not an exception. The market had few large corrections towards the Oberbank'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 Oberbank AG, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oberbank within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0 | |
β | Beta against NYSE Composite | -0.11 | |
σ | Overall volatility | 0.44 | |
Ir | Information ratio | -0.002 |
Oberbank 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 Oberbank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oberbank AG can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 38.0% of the company outstanding shares are owned by corporate insiders |
Oberbank 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 Oberbank Stock often depends not only on the future outlook of the current and potential Oberbank'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. Oberbank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.3 M |
Oberbank Technical Analysis
Oberbank's future price can be derived by breaking down and analyzing its technical indicators over time. Oberbank Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oberbank AG. In general, you should focus on analyzing Oberbank Stock price patterns and their correlations with different microeconomic environments and drivers.
Oberbank Predictive Forecast Models
Oberbank's time-series forecasting models is one of many Oberbank'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 Oberbank'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 Oberbank AG
Checking the ongoing alerts about Oberbank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oberbank AG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 38.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Oberbank Stock
Oberbank financial ratios help investors to determine whether Oberbank 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 Oberbank with respect to the benefits of owning Oberbank security.