Owens Minor Stock Price Prediction
| OMI Stock | USD 25.42 0.33 1.32% |
Oversold Vs Overbought
44
Oversold | Overbought |
Owens Minor stock price prediction is an act of determining the future value of Owens Minor shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Owens Minor's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Owens Minor and does not consider all of the tangible or intangible factors available from Owens Minor's fundamental data. We analyze noise-free headlines and recent hype associated with Owens Minor, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Owens Minor's stock price prediction:Quarterly Earnings Growth (0.72) | EPS Estimate Current Year 1.42 | EPS Estimate Next Year 2.13 | Wall Street Target Price 20.4 | EPS Estimate Current Quarter 0.17 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Owens Minor based on different types of headlines from major news networks to social media. The Owens stock price prediction module provides an analysis of price elasticity to changes in media outlook on Owens Minor over a specific investment horizon. Using Owens Minor hype-based prediction, you can estimate the value of Owens Minor from the perspective of Owens Minor response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Owens Minor using Owens Minor's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Owens using crowd psychology based on the activity and movement of Owens Minor's stock price.
Owens Minor Implied Volatility | 80.51 |
Owens Minor's implied volatility exposes the market's sentiment of Owens Minor stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Owens Minor's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Owens Minor stock will not fluctuate a lot when Owens Minor's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Owens Minor. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Owens Minor to buy its stock at a price that has no basis in reality. In that case, they are not buying Owens because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Owens Minor after-hype prediction price | USD 25.36 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Owens contract
Based on the Rule 16, the options market is currently suggesting that Owens Minor will have an average daily up or down price movement of about 5.03% per day over the life of the 2024-05-17 option contract. With Owens Minor trading at USD 25.42, that is roughly USD 1.28 . If you think that the market is fully incorporating Owens Minor's daily price movement you should consider acquiring Owens Minor options at the current volatility level of 80.51%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Owens |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Owens Minor'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.
Owens Minor After-Hype Price Prediction Density Analysis
As far as predicting the price of Owens Minor at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Owens Minor or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Owens Minor, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Owens Minor Estimiated After-Hype Price Volatility
In the context of predicting Owens Minor's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Owens Minor's historical news coverage. Owens Minor's after-hype downside and upside margins for the prediction period are 22.92 and 27.80, respectively. We have considered Owens Minor's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Owens Minor is very steady at this time. Analysis and calculation of next after-hype price of Owens Minor is based on 3 months time horizon.
Owens Minor Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Owens Minor is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Owens Minor backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Owens Minor, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.44 | 2.44 | 0.06 | 0.47 | 10 Events / Month | 4 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
25.42 | 25.36 | 0.24 |
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Owens Minor Hype Timeline
On the 30th of April Owens Minor is traded for 25.42. The entity has historical hype elasticity of -0.06, and average elasticity to hype of competition of 0.47. Owens is expected to decline in value after the next headline, with the price expected to drop to 25.36. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.24%, whereas the daily expected return is now at 0.44%. The volatility of related hype on Owens Minor is about 226.98%, with the expected price after the next announcement by competition of 25.89. About 97.0% of the company shares are owned by institutional investors. The book value of Owens Minor was now reported as 12.07. The company recorded a loss per share of 0.54. Owens Minor last dividend was issued on the 14th of December 2021. The entity had 3:2 split on the 1st of April 2010. Considering the 90-day investment horizon the next expected press release will be in about 10 days. Check out Owens Minor Basic Forecasting Models to cross-verify your projections.Owens Minor Related Hype Analysis
Having access to credible news sources related to Owens Minor's direct competition is more important than ever and may enhance your ability to predict Owens Minor's future price movements. Getting to know how Owens Minor's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Owens Minor may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| HSIC | Henry Schein | (0.42) | 11 per month | 1.25 | (0.06) | 2.65 | (1.79) | 6.98 | |
| ABC | AmerisourceBergen | 0.28 | 10 per month | 1.04 | 0 | 1.43 | (1.67) | 5.64 | |
| CAH | Cardinal Health | 1.82 | 9 per month | 1.66 | (0.06) | 2.07 | (2.79) | 7.71 | |
| ZYXI | Zynex Inc | 0.14 | 9 per month | 2.50 | (0) | 3.07 | (3.33) | 16.47 | |
| PDCO | Patterson Companies | (0.19) | 9 per month | 0.00 | (0.18) | 1.80 | (2.46) | 10.16 | |
| MCK | McKesson | 4.82 | 9 per month | 1.05 | 0.09 | 1.76 | (1.35) | 6.42 |
Owens Minor Additional Predictive Modules
Most predictive techniques to examine Owens price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Owens using various technical indicators. When you analyze Owens charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Owens Minor Predictive Indicators
The successful prediction of Owens Minor stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Owens Minor, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Owens Minor based on analysis of Owens Minor hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Owens Minor's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Owens Minor's related companies. | 2021 | 2023 (projected) | Dividend Yield | 2.31E-4 | 2.08E-4 | Price To Sales Ratio | 0.32 | 0.14 |
Story Coverage note for Owens Minor
The number of cover stories for Owens Minor depends on current market conditions and Owens Minor's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Owens Minor is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Owens Minor's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Owens Minor Short Properties
Owens Minor's future price predictability will typically decrease when Owens Minor's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Owens Minor often depends not only on the future outlook of the potential Owens Minor'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. Owens Minor's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 75.8 M | |
| Cash And Short Term Investments | 243 M |
Check out Owens Minor Basic Forecasting Models to cross-verify your projections. For more detail on how to invest in Owens Stock please use our How to Invest in Owens Minor guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Owens Stock analysis
When running Owens Minor's price analysis, check to measure Owens Minor'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 Owens Minor is operating at the current time. Most of Owens Minor's value examination focuses on studying past and present price action to predict the probability of Owens Minor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owens Minor's price. Additionally, you may evaluate how the addition of Owens Minor to your portfolios can decrease your overall portfolio volatility.
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Is Owens Minor's industry 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 Owens Minor. If investors know Owens 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 Owens Minor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Earnings Share (0.54) | Revenue Per Share 136.359 | Quarterly Revenue Growth 0.041 | Return On Assets 0.0372 |
The market value of Owens Minor is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Minor's value that differs from its market value or its book value, called intrinsic value, which is Owens Minor'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 Owens Minor's market value can be influenced by many factors that don't directly affect Owens Minor'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 Owens Minor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owens Minor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Minor'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.