What’s Next For Overstock.com’s Stock After 40% Drop In Last Month?

OSTK: Overstock.com logo
OSTK
Overstock.com

Overstock.com (NASDAQ: OSTK), an American internet retailer, saw its stock fall by 41% to $62 in the last twenty-one trading days. In comparison, the broader S&P500 fell by 1.2% over the last twenty-one trading days. The stock fell on anticipation of weak Q4 2021 numbers. Now, is OSTK stock poised to grow? Based on our machine learning analysis of trends in the stock price over the last ten years, there is a 68% chance of a near term rise in OSTK stock over the next month (twenty-one trading days). See our analysis on Overstock.com’s Stock Chances Of Rise for more details.

Five Days: OSTK -4.8%, vs. S&P500 -0.06%; Underperformed market

(22% event probability)

  • Overstock.com’s stock declined 4.8% over a five day trading period, compared to the broader market (S&P500) which declined 0.06%
  • A change of -4.8% or more over five trading days has a 22% event probability, which has occurred 553 times out of 2516 in the last ten years
Relevant Articles
  1. Here’s How Estee Lauder Stock Has Managed To Outperform The S&P Since 2018
  2. This Restaurant Is Likely A Better Pick Over Coca-Cola Stock
  3. Should You Buy Universal Health Services Stock At $133?
  4. Clinical Progress And Depressed Prices Make This Biotech Theme Worth A Look
  5. With Holiday Shopping Off To A Decent Start, Are Digital Commerce Stocks Worth A Look?
  6. What To Expect From Salesforce Stock In Q3?

Ten Days: OSTK -26%, vs. S&P500 -1.1%; Underperformed market

(3% event probability)

  • Overstock.com’s stock declined 26% over the last ten trading days (two weeks), compared to the broader market (S&P500) decline of 1.1%
  • A change of -26% or more over ten trading days has a 3% event probability, which has occurred 81 times out of 2516 in the last ten years

Twenty-One Days: OSTK -41%, vs. S&P500 -1.2%; Underperformed market

(1% event probability)

  • Overstock.com’s stock declined 41% over the last twenty-one trading days (one month), compared to the broader market (S&P500) decline of 1.2%
  • A change of -41% or more over twenty-one trading days has a 1% event probability, which has occurred 22 times out of 2515 in the last ten years

Overstock.com Peer Comparisons summarizes how the company fares against peers on metrics that matter.

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

 Returns Dec 2021
MTD [1]
2021
YTD [1]
2017-21
Total [2]
 OSTK Return -39% 29% 254%
 S&P 500 Return 0% 25% 109%
 Trefis MS Portfolio Return 1% 46% 293%

[1] Month-to-date and year-to-date as of 12/23/2021
[2] Cumulative total returns since 2017

Invest with Trefis Market Beating Portfolios

See all Trefis Price Estimates