Olema Pharmaceuticals Stock Probability of Future Stock Price Finishing Over 11.48
| OLMA Stock | USD 11.48 0.06 0.52% |
Closest to current price Olema long CALL Option Payoff at Expiration
Olema |
Olema Pharmaceuticals Target Price Odds to finish over 11.48
The tendency of Olema 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 above the current price in 90 days |
| 11.48 | 90 days | 11.48 | about 87.7 |
Based on a normal probability distribution, the odds of Olema Pharmaceuticals to move above the current price in 90 days from now is about 87.7 (This Olema Pharmaceuticals probability density function shows the probability of Olema Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.09 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Olema Pharmaceuticals will likely underperform. Additionally Olema Pharmaceuticals has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Olema Pharmaceuticals Price Density |
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Predictive Modules for Olema Pharmaceuticals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Olema Pharmaceuticals. 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.Olema Pharmaceuticals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Olema Pharmaceuticals is not an exception. The market had few large corrections towards the Olema Pharmaceuticals' 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 Olema Pharmaceuticals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Olema Pharmaceuticals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.38 | |
β | Beta against Dow Jones | 2.09 | |
σ | Overall volatility | 0.50 | |
Ir | Information ratio | -0.07 |
Olema Pharmaceuticals 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 Olema Pharmaceuticals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Olema Pharmaceuticals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Olema Pharmaceuticals generated a negative expected return over the last 90 days | |
| Olema Pharmaceuticals has high historical volatility and very poor performance | |
| Olema Pharmaceuticals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (96.66 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Olema Pharmaceuticals currently holds about 240.71 M in cash with (83.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.01. | |
| Olema Pharmaceuticals has a frail financial position based on the latest SEC disclosures | |
| Over 96.0% of the company shares are owned by institutional investors | |
| Latest headline from globenewswire.com: Olema Oncology Reports Third Quarter 2024 Financial Results and Provides Corporate Update |
Olema Pharmaceuticals 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 Olema Stock often depends not only on the future outlook of the current and potential Olema Pharmaceuticals' 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. Olema Pharmaceuticals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 45.2 M | |
| Cash And Short Term Investments | 261.8 M |
Olema Pharmaceuticals Technical Analysis
Olema Pharmaceuticals' future price can be derived by breaking down and analyzing its technical indicators over time. Olema Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Olema Pharmaceuticals. In general, you should focus on analyzing Olema Stock price patterns and their correlations with different microeconomic environments and drivers.
Olema Pharmaceuticals Predictive Forecast Models
Olema Pharmaceuticals' time-series forecasting models is one of many Olema Pharmaceuticals' 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 Olema Pharmaceuticals' 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 Olema Pharmaceuticals
Checking the ongoing alerts about Olema Pharmaceuticals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Olema Pharmaceuticals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Olema Pharmaceuticals generated a negative expected return over the last 90 days | |
| Olema Pharmaceuticals has high historical volatility and very poor performance | |
| Olema Pharmaceuticals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (96.66 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Olema Pharmaceuticals currently holds about 240.71 M in cash with (83.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.01. | |
| Olema Pharmaceuticals has a frail financial position based on the latest SEC disclosures | |
| Over 96.0% of the company shares are owned by institutional investors | |
| Latest headline from globenewswire.com: Olema Oncology Reports Third Quarter 2024 Financial Results and Provides Corporate Update |
Check out Olema Pharmaceuticals Backtesting, Olema Pharmaceuticals Valuation, Olema Pharmaceuticals Correlation, Olema Pharmaceuticals Hype Analysis, Olema Pharmaceuticals Volatility, Olema Pharmaceuticals History as well as Olema Pharmaceuticals Performance. For information on how to trade Olema Stock refer to our How to Trade Olema Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Biotechnology 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 Olema Pharmaceuticals. If investors know Olema 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 Olema Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.04) | Return On Assets (0.35) | Return On Equity (0.56) |
The market value of Olema Pharmaceuticals is measured differently than its book value, which is the value of Olema that is recorded on the company's balance sheet. Investors also form their own opinion of Olema Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Olema Pharmaceuticals' 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 Olema Pharmaceuticals' market value can be influenced by many factors that don't directly affect Olema Pharmaceuticals' 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 Olema Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Olema Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olema Pharmaceuticals' 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.