Onex Corp Stock Technical Analysis

ONEXF Stock  USD 81.47  0.46  0.57%   
As of the 30th of November, Onex Corp holds the Semi Deviation of 2.14, coefficient of variation of 1149.93, and Risk Adjusted Performance of 0.0738. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Onex Corp, as well as the relationship between them. Please check Onex Corp information ratio, as well as the relationship between the potential upside and kurtosis to decide if Onex Corp is priced some-what accurately, providing market reflects its current price of 81.47 per share. Given that Onex Corp has jensen alpha of 0.1896, we recommend you to check out Onex Corp's recent market performance to make sure the company can sustain itself at a future point.

Onex Corp Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Onex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Onex
  
Onex Corp'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.
Onex Corp 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 Onex Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Onex Corp 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...

Onex Corp Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Onex Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Onex Corp Trend Analysis

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

Onex Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Onex Corp applied against its price change over selected period. The best fit line has a slop of   0.28  , which means Onex Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2922.06, which is the sum of squared deviations for the predicted Onex Corp price change compared to its average price change.

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

Onex Corp November 30, 2024 Technical Indicators

Most technical analysis of Onex 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 Onex from various momentum indicators to cycle indicators. When you analyze Onex 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.

Onex Corp November 30, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Onex stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Onex Pink Sheet analysis

When running Onex Corp's price analysis, check to measure Onex Corp'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 Onex Corp is operating at the current time. Most of Onex Corp's value examination focuses on studying past and present price action to predict the probability of Onex Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onex Corp's price. Additionally, you may evaluate how the addition of Onex Corp to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Transaction History
View history of all your transactions and understand their impact on performance
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Bonds Directory
Find actively traded corporate debentures issued by US companies