Olympus Stock Price on September 24, 2024
OCPNF Stock | USD 16.00 0.00 0.00% |
If you're considering investing in Olympus Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Olympus stands at 16.00, as last reported on the 30th of November, with the highest price reaching 16.00 and the lowest price hitting 16.00 during the day. Olympus maintains Sharpe Ratio (i.e., Efficiency) of -0.0641, which implies the firm had a -0.0641% return per unit of risk over the last 3 months. Olympus exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Olympus' Coefficient Of Variation of (1,595), variance of 4.15, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
Olympus Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Olympus |
Sharpe Ratio = -0.0641
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Estimated Market Risk
2.08 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Olympus is not performing at its full potential. However, 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 Olympus by adding Olympus to a well-diversified portfolio.
Olympus Valuation on September 24, 2024
It is possible to determine the worth of Olympus on a given historical date. On September 24, 2024 Olympus was worth 18.5 at the beginning of the trading date compared to the closed value of 18.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Olympus pink sheet. Still, in general, we apply an absolute valuation method to find Olympus' 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 Olympus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Olympus' related companies.
Open | High | Low | Close | Volume | |
18.50 | 18.50 | 18.50 | 18.50 | 1.00 | |
09/24/2024 | 18.50 | 18.50 | 18.50 | 18.50 | 1.00 |
18.50 | 18.50 | 18.50 | 18.50 | 1.00 |
Backtest Olympus | | | Olympus History | | | Olympus Valuation | Previous | Next |
Olympus Trading Date Momentum on September 24, 2024
On September 25 2024 Olympus was traded for 18.50 at the closing time. The highest daily price throughout the period was 18.50 and the lowest price was 18.50 . There was no trading activity during the period 1.0. Lack of trading volume on 09/25/2024 did not cause price change. The trading delta at closing time to current closing price is 5.84% . |
Olympus Fundamentals Correlations and Trends
By evaluating Olympus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Olympus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Olympus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Olympus Pink Sheet history
Olympus 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 Olympus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Olympus 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 Olympus stock prices may prove useful in developing a viable investing in Olympus
Olympus Corporation manufactures and sells precision machineries and instruments worldwide. Olympus Corporation was incorporated in 1919 and is headquartered in Tokyo, Japan. Olympus Corp operates under Medical Instruments Supplies classification in the United States and is traded on OTC Exchange. It employs 31557 people.
Olympus Pink Sheet Technical Analysis
Olympus technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Olympus Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Olympus cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Olympus November 30, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Olympus' price direction in advance. Along with the technical and fundamental analysis of Olympus Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Olympus 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.
Risk Adjusted Performance | (0.04) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | (0.24) |
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Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
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When running Olympus' price analysis, check to measure Olympus' 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 Olympus is operating at the current time. Most of Olympus' value examination focuses on studying past and present price action to predict the probability of Olympus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olympus' price. Additionally, you may evaluate how the addition of Olympus to your portfolios can decrease your overall portfolio volatility.
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