Olympus Stock Technical Analysis
OCPNF Stock | USD 16.00 0.00 0.00% |
As of the 27th of November, Olympus holds the Variance of 4.15, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,595). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Olympus, as well as the relationship between them. Please check Olympus standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Olympus is priced some-what accurately, providing market reflects its current price of 16.0 per share. Given that Olympus has information ratio of (0.13), we recommend you to check out Olympus's recent market performance to make sure the company can sustain itself at a future point.
Olympus Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Olympus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OlympusOlympus |
Olympus 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.
Olympus Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-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 Olympus volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Olympus Trend Analysis
Use this graph to draw trend lines for Olympus. You can use it to identify possible trend reversals for Olympus 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 Olympus price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Olympus Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Olympus applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Olympus market price will keep on failing further. It has 122 observation points and a regression sum of squares at 40.81, which is the sum of squared deviations for the predicted Olympus price change compared to its average price change.About Olympus 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 Olympus 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 Olympus based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Olympus price pattern first instead of the macroeconomic environment surrounding Olympus. By analyzing Olympus'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 Olympus'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 Olympus specific price patterns or momentum indicators. Please read more on our technical analysis page.
Olympus November 27, 2024 Technical Indicators
Most technical analysis of Olympus 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 Olympus from various momentum indicators to cycle indicators. When you analyze Olympus 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 | (0.04) | |||
Market Risk Adjusted Performance | (0.23) | |||
Mean Deviation | 0.789 | |||
Coefficient Of Variation | (1,595) | |||
Standard Deviation | 2.04 | |||
Variance | 4.15 | |||
Information Ratio | (0.13) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.46) | |||
Treynor Ratio | (0.24) | |||
Maximum Drawdown | 14.99 | |||
Value At Risk | (2.75) | |||
Potential Upside | 2.57 | |||
Skewness | (1.67) | |||
Kurtosis | 10.03 |
Complementary Tools for Olympus Pink Sheet analysis
When running Olympus' price analysis, check to measure Olympus' 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 Olympus is operating at the current time. Most of Olympus' value examination focuses on studying past and present price action to predict the probability of Olympus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olympus' price. Additionally, you may evaluate how the addition of Olympus to your portfolios can decrease your overall portfolio volatility.
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