Prosomnus Common Stock Stock Probability of Future Stock Price Finishing Over 7.0
| OSA Stock | 0.03 0.01 16.42% |
ProSomnus |
ProSomnus Common Target Price Odds to finish over 7.0
The tendency of ProSomnus 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 7.00 or more in 90 days |
| 0.03 | 90 days | 7.00 | close to zero percent |
Based on a normal probability distribution, the odds of ProSomnus Common to move over 7.00 or more in 90 days from now is close to zero percent (This ProSomnus Common Stock probability density function shows the probability of ProSomnus Stock to fall within a particular range of prices over 90 days) . Probability of ProSomnus Common Stock price to stay between its current price of 0.03 and 7.00 at the end of the 90-day period is about 87.61 .
Considering the 90-day investment horizon ProSomnus Common Stock has a beta of -0.47. This indicates as returns on the benchmark increase, returns on holding ProSomnus Common are expected to decrease at a much lower rate. During a bear market, however, ProSomnus Common Stock is likely to outperform the market. Additionally ProSomnus Common Stock has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. ProSomnus Common Price Density |
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Predictive Modules for ProSomnus Common
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ProSomnus Common Stock. 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 ProSomnus Common'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.
ProSomnus Common Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ProSomnus Common is not an exception. The market had few large corrections towards the ProSomnus Common'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 ProSomnus Common Stock, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ProSomnus Common within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -1.6 | |
β | Beta against NYSE Composite | -0.47 | |
σ | Overall volatility | 0.27 | |
Ir | Information ratio | -0.07 |
ProSomnus Common 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 ProSomnus Common for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ProSomnus Common Stock can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ProSomnus Common generated a negative expected return over the last 90 days | |
| ProSomnus Common has high historical volatility and very poor performance | |
| ProSomnus Common has some characteristics of a very speculative penny stock | |
| ProSomnus Common has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 27.65 M. Reported Net Loss for the year was (24.09 M) with profit before taxes, overhead, and interest of 7.31 M. | |
| ProSomnus Common generates negative cash flow from operations | |
| About 57.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: ProSomnus in Peril Chapter 11 Reorganization Poses Threat to Stock Value and Company Viability - TipRanks.com - TipRanks |
ProSomnus Common 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 ProSomnus Stock often depends not only on the future outlook of the current and potential ProSomnus Common'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. ProSomnus Common's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 16.2 M | |
| Cash And Short Term Investments | 7.1 M |
ProSomnus Common Technical Analysis
ProSomnus Common's future price can be derived by breaking down and analyzing its technical indicators over time. ProSomnus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ProSomnus Common Stock. In general, you should focus on analyzing ProSomnus Stock price patterns and their correlations with different microeconomic environments and drivers.
ProSomnus Common Predictive Forecast Models
ProSomnus Common's time-series forecasting models is one of many ProSomnus Common'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 ProSomnus Common'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 ProSomnus Common Stock
Checking the ongoing alerts about ProSomnus Common for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ProSomnus Common Stock help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ProSomnus Common generated a negative expected return over the last 90 days | |
| ProSomnus Common has high historical volatility and very poor performance | |
| ProSomnus Common has some characteristics of a very speculative penny stock | |
| ProSomnus Common has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 27.65 M. Reported Net Loss for the year was (24.09 M) with profit before taxes, overhead, and interest of 7.31 M. | |
| ProSomnus Common generates negative cash flow from operations | |
| About 57.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: ProSomnus in Peril Chapter 11 Reorganization Poses Threat to Stock Value and Company Viability - TipRanks.com - TipRanks |
Additional Information and Resources on Investing in ProSomnus Stock
When determining whether ProSomnus Common Stock offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProSomnus Common's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Prosomnus Common Stock Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prosomnus Common Stock Stock:Check out ProSomnus Common Backtesting, ProSomnus Common Valuation, ProSomnus Common Correlation, ProSomnus Common Hype Analysis, ProSomnus Common Volatility, ProSomnus Common History as well as ProSomnus Common Performance. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ProSomnus Common. If investors know ProSomnus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ProSomnus Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.49) | Revenue Per Share 1.709 | Quarterly Revenue Growth 0.353 | Return On Assets (0.40) |
The market value of ProSomnus Common Stock is measured differently than its book value, which is the value of ProSomnus that is recorded on the company's balance sheet. Investors also form their own opinion of ProSomnus Common's value that differs from its market value or its book value, called intrinsic value, which is ProSomnus Common's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProSomnus Common's market value can be influenced by many factors that don't directly affect ProSomnus Common's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProSomnus Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProSomnus Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProSomnus Common's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.