Oasis Petroleum Stock Technical Analysis
| OASPW Stock | USD 55.01 0.32 0.59% |
As of the 28th of November, Oasis Petroleum holds the Risk Adjusted Performance of (0.11), coefficient of variation of (624.67), and Variance of 10.46. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oasis Petroleum, as well as the relationship between them. Please check Oasis Petroleum risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Oasis Petroleum is priced some-what accurately, providing market reflects its current price of 55.01 per share. Given that Oasis Petroleum has information ratio of (0.20), we recommend you to check out Oasis Petroleum's recent market performance to make sure the company can sustain itself at a future point.
Oasis Petroleum Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oasis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OasisOasis |
Oasis Petroleum 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.
Oasis Petroleum Technical Analysis
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Oasis Petroleum Trend Analysis
Use this graph to draw trend lines for Oasis Petroleum. You can use it to identify possible trend reversals for Oasis Petroleum 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 Oasis Petroleum price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Oasis Petroleum Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Oasis Petroleum applied against its price change over selected period. The best fit line has a slop of 0.31 , which may suggest that Oasis Petroleum market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3533.63, which is the sum of squared deviations for the predicted Oasis Petroleum price change compared to its average price change.About Oasis Petroleum 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 Oasis Petroleum 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 Oasis Petroleum based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Oasis Petroleum price pattern first instead of the macroeconomic environment surrounding Oasis Petroleum. By analyzing Oasis Petroleum'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 Oasis Petroleum'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 Oasis Petroleum specific price patterns or momentum indicators. Please read more on our technical analysis page.
Oasis Petroleum November 28, 2024 Technical Indicators
Most technical analysis of Oasis 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 Oasis from various momentum indicators to cycle indicators. When you analyze Oasis 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.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | (2.76) | |||
| Mean Deviation | 2.22 | |||
| Coefficient Of Variation | (624.67) | |||
| Standard Deviation | 3.23 | |||
| Variance | 10.46 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.55) | |||
| Total Risk Alpha | (1.04) | |||
| Treynor Ratio | (2.77) | |||
| Maximum Drawdown | 16.91 | |||
| Value At Risk | (5.91) | |||
| Potential Upside | 3.56 | |||
| Skewness | 0.6275 | |||
| Kurtosis | 2.63 |
Additional Tools for Oasis Pink Sheet Analysis
When running Oasis Petroleum's price analysis, check to measure Oasis Petroleum'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 Oasis Petroleum is operating at the current time. Most of Oasis Petroleum's value examination focuses on studying past and present price action to predict the probability of Oasis Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oasis Petroleum's price. Additionally, you may evaluate how the addition of Oasis Petroleum to your portfolios can decrease your overall portfolio volatility.