Orica Ltd Adr Stock Technical Analysis
| OCLDY Stock | USD 10.96 0.85 7.20% |
As of the 24th of November, Orica holds the Coefficient Of Variation of (2,427), variance of 8.93, and Risk Adjusted Performance of (0.02). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Orica, as well as the relationship between them.
Orica Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Orica, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OricaOrica |
Orica 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.
Orica Ltd ADR Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Orica Ltd ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Orica Ltd ADR Trend Analysis
Use this graph to draw trend lines for Orica Ltd ADR. You can use it to identify possible trend reversals for Orica 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 Orica price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Orica Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Orica Ltd ADR applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Orica Ltd ADR market price will keep on failing further. It has 122 observation points and a regression sum of squares at 18.26, which is the sum of squared deviations for the predicted Orica price change compared to its average price change.About Orica 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 Orica Ltd ADR 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 Orica Ltd ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Orica Ltd ADR price pattern first instead of the macroeconomic environment surrounding Orica Ltd ADR. By analyzing Orica'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 Orica'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 Orica specific price patterns or momentum indicators. Please read more on our technical analysis page.
Orica November 24, 2024 Technical Indicators
Most technical analysis of Orica 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 Orica from various momentum indicators to cycle indicators. When you analyze Orica 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 | (0.02) | |||
| Market Risk Adjusted Performance | 0.2978 | |||
| Mean Deviation | 1.09 | |||
| Coefficient Of Variation | (2,427) | |||
| Standard Deviation | 2.99 | |||
| Variance | 8.93 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | 0.2878 | |||
| Maximum Drawdown | 27.5 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 3.63 | |||
| Skewness | (1.18) | |||
| Kurtosis | 14.81 |
Additional Tools for Orica Pink Sheet Analysis
When running Orica's price analysis, check to measure Orica'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 Orica is operating at the current time. Most of Orica's value examination focuses on studying past and present price action to predict the probability of Orica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orica's price. Additionally, you may evaluate how the addition of Orica to your portfolios can decrease your overall portfolio volatility.