Orbit Technologies (Israel) Probability of Future Stock Price Finishing Under 475.4
| ORBI Stock | ILA 2,660 9.00 0.34% |
Orbit |
Orbit Technologies Target Price Odds to finish below 475.4
The tendency of Orbit 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 475.40 or more in 90 days |
| 2,660 | 90 days | 475.40 | near 1 |
Based on a normal probability distribution, the odds of Orbit Technologies to drop to 475.40 or more in 90 days from now is near 1 (This Orbit Technologies probability density function shows the probability of Orbit Stock to fall within a particular range of prices over 90 days) . Probability of Orbit Technologies price to stay between 475.40 and its current price of 2660.0 at the end of the 90-day period is about 58.33 .
Assuming the 90 days trading horizon Orbit Technologies has a beta of -0.24. This indicates as returns on the benchmark increase, returns on holding Orbit Technologies are expected to decrease at a much lower rate. During a bear market, however, Orbit Technologies is likely to outperform the market. Additionally Orbit Technologies has an alpha of 0.2427, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Orbit Technologies Price Density |
| Price |
Predictive Modules for Orbit Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Orbit Technologies. 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 Orbit Technologies' 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.
Orbit Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Orbit Technologies is not an exception. The market had few large corrections towards the Orbit Technologies' 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 Orbit Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Orbit Technologies within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.24 | |
β | Beta against NYSE Composite | -0.24 | |
σ | Overall volatility | 111.08 | |
Ir | Information ratio | 0.07 |
Orbit Technologies 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 Orbit Stock often depends not only on the future outlook of the current and potential Orbit Technologies' 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. Orbit Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 8.5 M |
Orbit Technologies Technical Analysis
Orbit Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Orbit Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Orbit Technologies. In general, you should focus on analyzing Orbit Stock price patterns and their correlations with different microeconomic environments and drivers.
Orbit Technologies Predictive Forecast Models
Orbit Technologies' time-series forecasting models is one of many Orbit Technologies' 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 Orbit Technologies' 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Orbit Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Orbit Technologies' short interest history, or implied volatility extrapolated from Orbit Technologies options trading.
Check out Orbit Technologies Backtesting, Orbit Technologies Valuation, Orbit Technologies Correlation, Orbit Technologies Hype Analysis, Orbit Technologies Volatility, Orbit Technologies History as well as Orbit Technologies Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Orbit Stock analysis
When running Orbit Technologies' price analysis, check to measure Orbit Technologies' 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 Orbit Technologies is operating at the current time. Most of Orbit Technologies' value examination focuses on studying past and present price action to predict the probability of Orbit Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orbit Technologies' price. Additionally, you may evaluate how the addition of Orbit Technologies to your portfolios can decrease your overall portfolio volatility.
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