Ocean Biomedical Stock Statistic Functions Beta

OCEAW Stock   0.04  0  10.71%   
Ocean Biomedical statistic functions tool provides the execution environment for running the Beta function and other technical functions against Ocean Biomedical. Ocean Biomedical 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 statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Ocean Biomedical statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Ocean Biomedical correlated with the market. If Beta is less than 0 Ocean Biomedical generally moves in the opposite direction as compared to the market. If Ocean Biomedical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ocean Biomedical is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ocean Biomedical is generally in the same direction as the market. If Beta > 1 Ocean Biomedical moves generally in the same direction as, but more than the movement of the benchmark.

Ocean Biomedical Technical Analysis Modules

Most technical analysis of Ocean Biomedical 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 Ocean from various momentum indicators to cycle indicators. When you analyze Ocean 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 Ocean Biomedical 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 Ocean Biomedical. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ocean Biomedical based on widely used predictive technical indicators. In general, we focus on analyzing Ocean Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ocean Biomedical's daily price indicators and compare them against related drivers, such as statistic functions 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 Ocean Biomedical's intrinsic value. In addition to deriving basic predictive indicators for Ocean Biomedical, we also check how macroeconomic factors affect Ocean Biomedical price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
ROE9.360.0054220.0062350.005923
Income Quality0.01690.780.70.74
Hype
Prediction
LowEstimatedHigh
0.000.0327.29
Details
Intrinsic
Valuation
LowRealHigh
0.000.0327.29
Details
Naive
Forecast
LowNextHigh
0.00080.0427.30
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.030.040.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ocean Biomedical. Your research has to be compared to or analyzed against Ocean Biomedical's peers to derive any actionable benefits. When done correctly, Ocean Biomedical's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Ocean Biomedical.

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Additional Tools for Ocean Stock Analysis

When running Ocean Biomedical's price analysis, check to measure Ocean Biomedical's 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 Ocean Biomedical is operating at the current time. Most of Ocean Biomedical's value examination focuses on studying past and present price action to predict the probability of Ocean Biomedical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Biomedical's price. Additionally, you may evaluate how the addition of Ocean Biomedical to your portfolios can decrease your overall portfolio volatility.