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Ukraine, 30 May 2020: An Overstock logo is depicted on a smartphone in this photo illustration. [+] (Photo courtesy of Getty Images/Igor Golovniov/SOPA Images/LightRocket)
Getty Images/SOPA Images/LightRocket
In the last twenty-one trading days, Overstock.com (NASDAQ: OSTK), an American internet retailer, has seen its shares decrease by 8.1 percent to $86. The broader S&P500 index, on the other hand, has gained 2.7 percent in the last twenty-one trading days. We believe that the company has a long-term upside potential of more than 30% from its present price, and that the current price slump has offered a buying opportunity for investors as the consumer trend toward online shopping continues. Is OSTK stock on the rise now? According to our machine learning study of stock price trends over the previous ten years, OSTK stock has a 56 percent chance of falling in the next month (twenty-one trading days). For more information, see our Overstock.com Stock Chances Of Rise study. Five days: OSTK -12 percent vs. S&P500 1.4 percent; market underperformer (8 percent event probability)
Overstock.com’s stock fell 13% in a five-day trading period ending 7/7/2021, compared to 1.4 percent for the broader market (S&P500).
A change of -12 percent or more over five trading days has an event probability of 8%, and it has happened 194 times out of 2516 times in the last 10 years.

Trefis Ten-Day Chance of Rise: OSTK -1 percent, vs. S&P500 2.5 percent; market underperformer (45 percent event probability)
ADDITIONAL INFORMATION FOR YOU
In comparison to the broader market, Overstock.com’s stock has dropped 1.1 percent in the last 10 trading days (two weeks) (S&P500) 2.5 percent increase
A 45 percent event probability exists for a change of 1% or more over 10 trading days, which has occurred 1144 times out of 2516 in the last ten years.

Twenty-one days: OSTK -8.1 percent vs. S&P500 2.7 percent; market underperformed (31 percent event probability)
In comparison to the broader market, Overstock.com’s stock has dropped 8.1 percent in the last twenty-one trading days (one month) (S&P500) a 2.7 percent increase
A change of -8.1 percent or more over twenty-one trading days has a 31 percent chance of happening, and it has happened 786 times out of 2516 times in the last 10 years.

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