Okapi Resources Limited Stock Technical Analysis
OKPRFDelisted Stock | USD 0.08 0.00 0.00% |
As of the 27th of November, Okapi Resources holds the Coefficient Of Variation of 1018.55, variance of 1268.93, and Risk Adjusted Performance of 0.0848. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Okapi Resources, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate data for eleven technical drivers for Okapi Resources, which can be compared to its competitors. Please check Okapi Resources market risk adjusted performance and total risk alpha to decide if Okapi Resources is priced some-what accurately, providing market reflects its current price of 0.081 per share. As Okapi Resources appears to be a penny stock we also advise to check out its information ratio numbers.
Okapi Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Okapi, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OkapiOkapi |
Okapi Resources technical otc 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, otc market cycles, or different charting patterns.
Okapi Resources Technical Analysis
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Okapi Resources Trend Analysis
Use this graph to draw trend lines for Okapi Resources Limited. You can use it to identify possible trend reversals for Okapi Resources 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 Okapi Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Okapi Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Okapi Resources Limited applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Okapi Resources Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.27, which is the sum of squared deviations for the predicted Okapi Resources price change compared to its average price change.About Okapi Resources 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 Okapi Resources Limited 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 Okapi Resources Limited based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Okapi Resources price pattern first instead of the macroeconomic environment surrounding Okapi Resources. By analyzing Okapi Resources'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 Okapi Resources'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 Okapi Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Okapi Resources November 27, 2024 Technical Indicators
Most technical analysis of Okapi 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 Okapi from various momentum indicators to cycle indicators. When you analyze Okapi 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 | 0.0848 | |||
Market Risk Adjusted Performance | (1.06) | |||
Mean Deviation | 10.21 | |||
Coefficient Of Variation | 1018.55 | |||
Standard Deviation | 35.62 | |||
Variance | 1268.93 | |||
Information Ratio | 0.0945 | |||
Jensen Alpha | 3.88 | |||
Total Risk Alpha | (2.12) | |||
Treynor Ratio | (1.07) | |||
Maximum Drawdown | 263.64 | |||
Skewness | 6.12 | |||
Kurtosis | 45.73 |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Consideration for investing in Okapi OTC Stock
If you are still planning to invest in Okapi Resources 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 Okapi Resources' history and understand the potential risks before investing.
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