Ocean Thermal Energy Stock Technical Analysis
CPWRDelisted Stock | USD 0.01 0.00 0.00% |
As of the 25th of November, Ocean Thermal holds the Risk Adjusted Performance of 0.0605, coefficient of variation of 1504.51, and Semi Deviation of 12.04. Ocean Thermal Energy technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check Ocean Thermal Energy market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Ocean Thermal Energy is priced some-what accurately, providing market reflects its current price of 0.008 per share. As Ocean Thermal Energy appears to be a penny stock we also advise to check out its total risk alpha numbers.
Ocean Thermal Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ocean, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OceanOcean |
Ocean Thermal 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.
Ocean Thermal Energy Technical Analysis
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Ocean Thermal Energy Trend Analysis
Use this graph to draw trend lines for Ocean Thermal Energy. You can use it to identify possible trend reversals for Ocean Thermal as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Ocean Thermal price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ocean Thermal Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ocean Thermal Energy applied against its price change over selected period. The best fit line has a slop of 0 , which may suggest that Ocean Thermal Energy market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Ocean Thermal price change compared to its average price change.About Ocean Thermal Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Ocean Thermal Energy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Ocean Thermal Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ocean Thermal Energy price pattern first instead of the macroeconomic environment surrounding Ocean Thermal Energy. By analyzing Ocean Thermal's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Ocean Thermal's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Ocean Thermal specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ocean Thermal November 25, 2024 Technical Indicators
Most technical analysis of Ocean 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0605 | |||
Market Risk Adjusted Performance | (0.43) | |||
Mean Deviation | 10.76 | |||
Semi Deviation | 12.04 | |||
Downside Deviation | 21.19 | |||
Coefficient Of Variation | 1504.51 | |||
Standard Deviation | 16.04 | |||
Variance | 257.33 | |||
Information Ratio | 0.0583 | |||
Jensen Alpha | 1.34 | |||
Total Risk Alpha | (1.47) | |||
Sortino Ratio | 0.0442 | |||
Treynor Ratio | (0.44) | |||
Maximum Drawdown | 82.86 | |||
Value At Risk | (22.22) | |||
Potential Upside | 28.57 | |||
Downside Variance | 448.9 | |||
Semi Variance | 145.06 | |||
Expected Short fall | (20.38) | |||
Skewness | 0.3466 | |||
Kurtosis | 0.9965 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Other Consideration for investing in Ocean Pink Sheet
If you are still planning to invest in Ocean Thermal Energy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ocean Thermal's history and understand the potential risks before investing.
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