Oando PLC (South Africa) Technical Analysis
| OAO Stock | 30.00 0.00 0.00% |
As of the 29th of November, Oando PLC holds the Risk Adjusted Performance of 0.0727, coefficient of variation of 1209.92, and Semi Deviation of 5.5. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oando PLC, as well as the relationship between them. Please check Oando PLC value at risk, expected short fall, and the relationship between the treynor ratio and downside variance to decide if Oando PLC is priced some-what accurately, providing market reflects its current price of 30.0 per share.
Oando PLC Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oando, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OandoOando |
Oando PLC technical stock 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, stock market cycles, or different charting patterns.
Oando PLC Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Oando PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Oando PLC Trend Analysis
Use this graph to draw trend lines for Oando PLC. You can use it to identify possible trend reversals for Oando PLC 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 Oando PLC price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Oando PLC Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Oando PLC applied against its price change over selected period. The best fit line has a slop of 0.2 , which may suggest that Oando PLC market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1528.04, which is the sum of squared deviations for the predicted Oando PLC price change compared to its average price change.About Oando PLC 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 Oando PLC 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 Oando PLC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Oando PLC price pattern first instead of the macroeconomic environment surrounding Oando PLC. By analyzing Oando PLC'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 Oando PLC'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 Oando PLC specific price patterns or momentum indicators. Please read more on our technical analysis page.
Oando PLC November 29, 2024 Technical Indicators
Most technical analysis of Oando 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 Oando from various momentum indicators to cycle indicators. When you analyze Oando 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 | 0.0727 | |||
| Market Risk Adjusted Performance | 0.9414 | |||
| Mean Deviation | 4.72 | |||
| Semi Deviation | 5.5 | |||
| Downside Deviation | 17.37 | |||
| Coefficient Of Variation | 1209.92 | |||
| Standard Deviation | 11.85 | |||
| Variance | 140.51 | |||
| Information Ratio | 0.0721 | |||
| Jensen Alpha | 0.8496 | |||
| Total Risk Alpha | (0.82) | |||
| Sortino Ratio | 0.0492 | |||
| Treynor Ratio | 0.9314 | |||
| Maximum Drawdown | 80.95 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 7.69 | |||
| Downside Variance | 301.68 | |||
| Semi Variance | 30.21 | |||
| Expected Short fall | (23.25) | |||
| Skewness | 3.25 | |||
| Kurtosis | 17.1 |
Complementary Tools for Oando Stock analysis
When running Oando PLC's price analysis, check to measure Oando PLC'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 Oando PLC is operating at the current time. Most of Oando PLC's value examination focuses on studying past and present price action to predict the probability of Oando PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oando PLC's price. Additionally, you may evaluate how the addition of Oando PLC to your portfolios can decrease your overall portfolio volatility.
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