Okeanis Eco Tankers Stock Technical Analysis

OKENFDelisted Stock  USD 22.55  0.00  0.00%   
As of the 1st of December, Okeanis Eco holds the Risk Adjusted Performance of 0.0522, variance of 5.88, and Coefficient Of Variation of 1686.2. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Okeanis Eco, as well as the relationship between them. Please check Okeanis Eco Tankers coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Okeanis Eco Tankers is priced some-what accurately, providing market reflects its current price of 22.55 per share. Given that Okeanis Eco has total risk alpha of (0.27), we recommend you to check out Okeanis Eco Tankers's recent market performance to make sure the company can sustain itself at a future point.

Okeanis Eco Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Okeanis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Okeanis
  
Okeanis Eco's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Okeanis Eco 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.
A focus of Okeanis Eco technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Okeanis Eco trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Okeanis Eco Tankers Technical Analysis

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Okeanis Eco Tankers Trend Analysis

Use this graph to draw trend lines for Okeanis Eco Tankers. You can use it to identify possible trend reversals for Okeanis Eco 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 Okeanis Eco price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Okeanis Eco Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Okeanis Eco Tankers applied against its price change over selected period. The best fit line has a slop of   0.07  , which means Okeanis Eco Tankers will continue generating value for investors. It has 122 observation points and a regression sum of squares at 193.67, which is the sum of squared deviations for the predicted Okeanis Eco price change compared to its average price change.

About Okeanis Eco 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 Okeanis Eco Tankers 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 Okeanis Eco Tankers based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Okeanis Eco Tankers price pattern first instead of the macroeconomic environment surrounding Okeanis Eco Tankers. By analyzing Okeanis Eco'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 Okeanis Eco'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 Okeanis Eco specific price patterns or momentum indicators. Please read more on our technical analysis page.

Okeanis Eco December 1, 2024 Technical Indicators

Most technical analysis of Okeanis 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 Okeanis from various momentum indicators to cycle indicators. When you analyze Okeanis 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.
Check out Your Equity Center 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 board of governors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Other Consideration for investing in Okeanis Pink Sheet

If you are still planning to invest in Okeanis Eco Tankers 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 Okeanis Eco's history and understand the potential risks before investing.
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