Odyssey Marine Stock Forecast - Standard Deviation
| OMEX Stock | USD 4.94 0.18 3.52% |
Odyssey Stock Forecast is based on your current time horizon.
Odyssey |
Open Interest Against 2024-06-21 Odyssey Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Odyssey Marine's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Odyssey Marine's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Odyssey Marine stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Odyssey Marine's open interest, investors have to compare it to Odyssey Marine's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Odyssey Marine is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Odyssey. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Odyssey Marine cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Odyssey Marine's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Odyssey Marine's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Odyssey Marine Volatility | Backtest Odyssey Marine | Information Ratio |
Odyssey Marine Trading Date Momentum
| On June 11 2024 Odyssey Marine Exploration was traded for 4.94 at the closing time. The top price for the day was 4.94 and the lowest listed price was 4.94 . There was no trading activity during the period 0.0. Lack of trading volume on June 11, 2024 did not cause price change. The trading delta at closing time against the current closing price is 3.64% . |
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Other Forecasting Options for Odyssey Marine
For every potential investor in Odyssey, whether a beginner or expert, Odyssey Marine's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Odyssey Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Odyssey. Basic forecasting techniques help filter out the noise by identifying Odyssey Marine's price trends.Odyssey Marine Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Odyssey Marine stock to make a market-neutral strategy. Peer analysis of Odyssey Marine could also be used in its relative valuation, which is a method of valuing Odyssey Marine by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Odyssey Marine Explo Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Odyssey Marine's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Odyssey Marine's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
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| Volume Indicators |
Odyssey Marine Market Strength Events
Market strength indicators help investors to evaluate how Odyssey Marine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Odyssey Marine shares will generate the highest return on investment. By undertsting and applying Odyssey Marine stock market strength indicators, traders can identify Odyssey Marine Exploration entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 4.94 | |||
| Day Typical Price | 4.94 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | (0.18) |
Odyssey Marine Risk Indicators
The analysis of Odyssey Marine's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Odyssey Marine's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting odyssey stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.63 | |||
| Semi Deviation | 3.3 | |||
| Standard Deviation | 3.77 | |||
| Variance | 14.18 | |||
| Downside Variance | 13.05 | |||
| Semi Variance | 10.86 | |||
| Expected Short fall | (2.82) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Odyssey Stock Analysis
When running Odyssey Marine's price analysis, check to measure Odyssey Marine'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 Odyssey Marine is operating at the current time. Most of Odyssey Marine's value examination focuses on studying past and present price action to predict the probability of Odyssey Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Odyssey Marine's price. Additionally, you may evaluate how the addition of Odyssey Marine to your portfolios can decrease your overall portfolio volatility.