Olympus Pink Sheet Forecast - Daily Balance Of Power

OCPNF Stock  USD 16.00  0.00  0.00%   
Olympus Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Olympus' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On October 25, 2024 Olympus had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Olympus market sensitivity to bulls and bears. It estimates the ability of Olympus buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Olympus Balance of Power indicator one can determine a trend of the price direction.
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Olympus Trading Date Momentum

On October 28 2024 Olympus was traded for  16.71  at the closing time. The highest daily price throughout the period was 16.71  and the lowest price was  16.71 . The daily volume was 400. The net trading volume on 10/28/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 9.38% . The trading delta at closing time to current closing price is 9.38% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Olympus

For every potential investor in Olympus, whether a beginner or expert, Olympus' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Olympus Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Olympus. Basic forecasting techniques help filter out the noise by identifying Olympus' price trends.

Olympus Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Olympus pink sheet to make a market-neutral strategy. Peer analysis of Olympus could also be used in its relative valuation, which is a method of valuing Olympus by comparing valuation metrics with similar companies.
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Olympus Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Olympus' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Olympus' current price.

Olympus Market Strength Events

Market strength indicators help investors to evaluate how Olympus pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Olympus shares will generate the highest return on investment. By undertsting and applying Olympus pink sheet market strength indicators, traders can identify Olympus entry and exit signals to maximize returns.

Olympus Risk Indicators

The analysis of Olympus' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Olympus' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting olympus pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Other Information on Investing in Olympus Pink Sheet

Olympus financial ratios help investors to determine whether Olympus Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Olympus with respect to the benefits of owning Olympus security.