Otello ASA (Germany) Technical Analysis
OS3 Stock | EUR 0.66 0.01 1.49% |
As of the 27th of November, Otello ASA holds the Variance of 2.85, coefficient of variation of (20,297), and Risk Adjusted Performance of 0.0017. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Otello ASA, as well as the relationship between them. Please check Otello ASA standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Otello ASA is priced some-what accurately, providing market reflects its current price of 0.66 per share.
Otello ASA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Otello, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OtelloOtello |
Otello ASA 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.
Otello ASA 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 Otello ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Otello ASA Trend Analysis
Use this graph to draw trend lines for Otello ASA. You can use it to identify possible trend reversals for Otello ASA 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 Otello ASA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Otello ASA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Otello ASA applied against its price change over selected period. The best fit line has a slop of 0.0007 , which may suggest that Otello ASA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Otello ASA price change compared to its average price change.About Otello ASA 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 Otello ASA 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 Otello ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Otello ASA price pattern first instead of the macroeconomic environment surrounding Otello ASA. By analyzing Otello ASA'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 Otello ASA'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 Otello ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Otello ASA November 27, 2024 Technical Indicators
Most technical analysis of Otello 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 Otello from various momentum indicators to cycle indicators. When you analyze Otello 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 | 0.0017 | |||
Market Risk Adjusted Performance | 0.0718 | |||
Mean Deviation | 1.15 | |||
Coefficient Of Variation | (20,297) | |||
Standard Deviation | 1.69 | |||
Variance | 2.85 | |||
Information Ratio | (0.08) | |||
Jensen Alpha | 0.0174 | |||
Total Risk Alpha | (0.28) | |||
Treynor Ratio | 0.0618 | |||
Maximum Drawdown | 8.91 | |||
Value At Risk | (2.99) | |||
Potential Upside | 2.94 | |||
Skewness | (0.67) | |||
Kurtosis | 1.56 |
Otello ASA November 27, 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 Otello 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.
Accumulation Distribution | 0.00 | ||
Daily Balance Of Power | (Huge) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 0.66 | ||
Day Typical Price | 0.66 | ||
Price Action Indicator | (0.01) |
Complementary Tools for Otello Stock analysis
When running Otello ASA's price analysis, check to measure Otello ASA'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 Otello ASA is operating at the current time. Most of Otello ASA's value examination focuses on studying past and present price action to predict the probability of Otello ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otello ASA's price. Additionally, you may evaluate how the addition of Otello ASA to your portfolios can decrease your overall portfolio volatility.
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Transaction History View history of all your transactions and understand their impact on performance | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |