Okyo Pharma Ltd Stock Statistic Functions Beta
| OKYO Stock | USD 1.05 0.02 1.87% |
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The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on OKYO Pharma correlated with the market. If Beta is less than 0 OKYO Pharma generally moves in the opposite direction as compared to the market. If OKYO Pharma Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one OKYO Pharma is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of OKYO Pharma is generally in the same direction as the market. If Beta > 1 OKYO Pharma moves generally in the same direction as, but more than the movement of the benchmark.
OKYO Pharma Technical Analysis Modules
Most technical analysis of OKYO Pharma 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 OKYO from various momentum indicators to cycle indicators. When you analyze OKYO 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.| Cycle Indicators | ||
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About OKYO Pharma 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 OKYO Pharma Ltd. We use our internally-developed statistical techniques to arrive at the intrinsic value of OKYO Pharma Ltd based on widely used predictive technical indicators. In general, we focus on analyzing OKYO Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build OKYO Pharma'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 OKYO Pharma's intrinsic value. In addition to deriving basic predictive indicators for OKYO Pharma, we also check how macroeconomic factors affect OKYO Pharma price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2023 | 2024 (projected) | Net Current Asset Value | 42.89 | 38.12 | Days Payables Outstanding | 213.7K | 194.5K |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of OKYO Pharma's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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Fundamental AnalysisView fundamental data based on most recent published financial statements |
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If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Gambling Invested over 90 shares | |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OKYO Pharma Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Biotechnology 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 OKYO Pharma. If investors know OKYO 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 OKYO Pharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.57) | Return On Assets (2.92) | Return On Equity (29.69) |
The market value of OKYO Pharma is measured differently than its book value, which is the value of OKYO that is recorded on the company's balance sheet. Investors also form their own opinion of OKYO Pharma's value that differs from its market value or its book value, called intrinsic value, which is OKYO Pharma'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 OKYO Pharma's market value can be influenced by many factors that don't directly affect OKYO Pharma'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 OKYO Pharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if OKYO Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OKYO Pharma'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.