Ollies Bargain Outlet Stock Price Transform Average Price

OLLI Stock  USD 90.75  3.19  3.64%   
Ollies Bargain price transform tool provides the execution environment for running the Average Price transformation and other technical functions against Ollies Bargain. Ollies Bargain value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of price transform indicators. As with most other technical indicators, the Average Price transformation function is designed to identify and follow existing trends. Ollies Bargain price transformation methods enable investors to generate trading signals using basic price transformation functions such as typical price movement.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Ollies Bargain Outlet Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.

Ollies Bargain Technical Analysis Modules

Most technical analysis of Ollies Bargain help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Ollies from various momentum indicators to cycle indicators. When you analyze Ollies charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Ollies Bargain Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ollies Bargain Outlet. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ollies Bargain Outlet based on widely used predictive technical indicators. In general, we focus on analyzing Ollies Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ollies Bargain's daily price indicators and compare them against related drivers, such as price transform and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Ollies Bargain's intrinsic value. In addition to deriving basic predictive indicators for Ollies Bargain, we also check how macroeconomic factors affect Ollies Bargain price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2010 2024 (projected)
Dividend Yield0.04060.0506
Price To Sales Ratio2.381.76
Hype
Prediction
LowEstimatedHigh
88.6690.7592.84
Details
Intrinsic
Valuation
LowRealHigh
90.5392.6294.71
Details
Naive
Forecast
LowNextHigh
82.1384.2186.30
Details
14 Analysts
Consensus
LowTargetHigh
76.3883.9393.16
Details

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Ollies Bargain Outlet pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ollies Bargain position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ollies Bargain will appreciate offsetting losses from the drop in the long position's value.

Ollies Bargain Pair Trading

Ollies Bargain Outlet Pair Trading Analysis

The ability to find closely correlated positions to Ollies Bargain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ollies Bargain when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ollies Bargain - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ollies Bargain Outlet to buy it.
The correlation of Ollies Bargain is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ollies Bargain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ollies Bargain Outlet moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ollies Bargain can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ollies Bargain Outlet offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ollies Bargain's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ollies Bargain Outlet Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ollies Bargain Outlet Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ollies Bargain Outlet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ollies Bargain. If investors know Ollies will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ollies Bargain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.162
Earnings Share
3.28
Revenue Per Share
36.047
Quarterly Revenue Growth
0.124
Return On Assets
0.0701
The market value of Ollies Bargain Outlet is measured differently than its book value, which is the value of Ollies that is recorded on the company's balance sheet. Investors also form their own opinion of Ollies Bargain's value that differs from its market value or its book value, called intrinsic value, which is Ollies Bargain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ollies Bargain's market value can be influenced by many factors that don't directly affect Ollies Bargain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ollies Bargain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ollies Bargain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ollies Bargain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.