Optimizerx Corp Stock Technical Analysis
| OPRX Stock | USD 4.49 0.07 1.58% |
As of the 22nd of November, OPTIMIZERx Corp holds the Market Risk Adjusted Performance of (0.21), coefficient of variation of (810.45), and Risk Adjusted Performance of (0.09). In connection with fundamental indicators, the technical analysis model allows you to check available technical drivers of OPTIMIZERx Corp, as well as the relationship between them.
OPTIMIZERx 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 OPTIMIZERx, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OPTIMIZERxOPTIMIZERx |
OPTIMIZERx Corp Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 15.7 | Strong Buy | 8 | Odds |
Most OPTIMIZERx analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand OPTIMIZERx stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of OPTIMIZERx Corp, talking to its executives and customers, or listening to OPTIMIZERx conference calls.
OPTIMIZERx Corp technical 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, stock market cycles, or different charting patterns.
OPTIMIZERx Corp Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 OPTIMIZERx Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
OPTIMIZERx Corp Trend Analysis
Use this graph to draw trend lines for OPTIMIZERx Corp. You can use it to identify possible trend reversals for OPTIMIZERx 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 OPTIMIZERx Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.OPTIMIZERx Corp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for OPTIMIZERx Corp applied against its price change over selected period. The best fit line has a slop of 0.06 , which may suggest that OPTIMIZERx Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 145.76, which is the sum of squared deviations for the predicted OPTIMIZERx Corp price change compared to its average price change.About OPTIMIZERx 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 OPTIMIZERx 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 OPTIMIZERx Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on OPTIMIZERx Corp price pattern first instead of the macroeconomic environment surrounding OPTIMIZERx Corp. By analyzing OPTIMIZERx 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 OPTIMIZERx 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 OPTIMIZERx Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Graham Number | 1.65 | 9.75 | 13.06 | 13.71 | Receivables Turnover | 2.47 | 2.82 | 1.92 | 1.82 |
OPTIMIZERx Corp November 22, 2024 Technical Indicators
Most technical analysis of OPTIMIZERx 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 OPTIMIZERx from various momentum indicators to cycle indicators. When you analyze OPTIMIZERx 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 | (0.09) | |||
| Market Risk Adjusted Performance | (0.21) | |||
| Mean Deviation | 3.78 | |||
| Coefficient Of Variation | (810.45) | |||
| Standard Deviation | 6.18 | |||
| Variance | 38.18 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (1.13) | |||
| Total Risk Alpha | (1.58) | |||
| Treynor Ratio | (0.22) | |||
| Maximum Drawdown | 53.75 | |||
| Value At Risk | (7.60) | |||
| Potential Upside | 5.42 | |||
| Skewness | (1.84) | |||
| Kurtosis | 13.52 |
Additional Tools for OPTIMIZERx Stock Analysis
When running OPTIMIZERx Corp's price analysis, check to measure OPTIMIZERx 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 OPTIMIZERx Corp is operating at the current time. Most of OPTIMIZERx Corp's value examination focuses on studying past and present price action to predict the probability of OPTIMIZERx 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 OPTIMIZERx Corp's price. Additionally, you may evaluate how the addition of OPTIMIZERx Corp to your portfolios can decrease your overall portfolio volatility.