Omeros (Germany) Price on March 6, 2024

3O8 Stock  EUR 10.99  0.72  7.01%   
If you're considering investing in Omeros Stock, it is important to understand the factors that can impact its price. As of today, the current price of Omeros stands at 10.99, as last reported on the 4th of December, with the highest price reaching 10.99 and the lowest price hitting 10.39 during the day. Omeros is unstable given 3 months investment horizon. Omeros maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the firm had a 0.21% return per unit of risk over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 2.06% are justified by taking the suggested risk. Use Omeros Risk Adjusted Performance of 0.1628, coefficient of variation of 496.97, and Semi Deviation of 3.11 to evaluate company specific risk that cannot be diversified away.
  
Omeros Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2052

Best PortfolioBest Equity
Good Returns
Average Returns3O8
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 10.05
  actual daily
89
89% of assets are less volatile

Expected Return

 2.06
  actual daily
41
59% of assets have higher returns

Risk-Adjusted Return

 0.21
  actual daily
16
84% of assets perform better
Based on monthly moving average Omeros is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Omeros by adding it to a well-diversified portfolio.

Omeros Valuation on March 6, 2024

It is possible to determine the worth of Omeros on a given historical date. On March 6, 2024 Omeros was worth 3.82 at the beginning of the trading date compared to the closed value of 4.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Omeros stock. Still, in general, we apply an absolute valuation method to find Omeros' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Omeros where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Omeros' related companies.
 Open High Low Close Volume
  4.02    4.02    3.86    3.86    100.00  
03/06/2024
  3.82    4.07    3.79    4.04    100.00  
  3.98    4.15    3.98    4.09    100.00  
Backtest Omeros  |  Omeros History  |  Omeros Valuation   PreviousNext  
Open Value
3.82
4.04
Closing Value
33.97
Upside

Omeros Trading Date Momentum on March 6, 2024

On March 07 2024 Omeros was traded for  4.09  at the closing time. The highest daily price throughout the period was 4.15  and the lowest price was  3.98 . The daily volume was 100.0. The net trading volume on 03/07/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 1.24% . The trading delta at closing time to current closing price is 17.82% .

Omeros Fundamentals Correlations and Trends

By evaluating Omeros' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Omeros' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Omeros financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Omeros Stock history

Omeros investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Omeros is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Omeros will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Omeros stock prices may prove useful in developing a viable investing in Omeros
Omeros Corporation, a biopharmaceutical company, discovers, develops, and commercializes small-molecule and protein therapeutics, and orphan indications targeting inflammation, complement-mediated diseases, disorders of the central nervous system , and immune-related diseases. The company was incorporated in 1994 and is based in Seattle, Washington. OMEROS CORP operates under Biotechnology classification in Germany and is traded on Frankfurt Stock Exchange. It employs 236 people.

Omeros Stock Technical Analysis

Omeros technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Omeros technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Omeros trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Omeros Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Omeros cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Omeros December 4, 2024 Market Strength

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

Omeros Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Omeros' price direction in advance. Along with the technical and fundamental analysis of Omeros Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Omeros to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Omeros Stock analysis

When running Omeros' price analysis, check to measure Omeros' 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 Omeros is operating at the current time. Most of Omeros' value examination focuses on studying past and present price action to predict the probability of Omeros' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omeros' price. Additionally, you may evaluate how the addition of Omeros to your portfolios can decrease your overall portfolio volatility.
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum