Ovation Science Stock Technical Analysis
| OVATF Stock | USD 0.02 0.00 0.00% |
As of the 2nd of March, Ovation Science holds the Variance of 11.99, risk adjusted performance of (0.09), and Coefficient Of Variation of (812.40). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ovation Science, as well as the relationship between them. Please check Ovation Science market risk adjusted performance, variance, as well as the relationship between the Variance and skewness to decide if Ovation Science is priced some-what accurately, providing market reflects its current price of 0.0212 per share. As Ovation Science appears to be a penny stock we also advise to check out its information ratio numbers.
Ovation Science Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ovation, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OvationOvation |
Ovation Science 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ovation Science's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ovation Science.
| 12/02/2025 |
| 03/02/2026 |
If you would invest 0.00 in Ovation Science on December 2, 2025 and sell it all today you would earn a total of 0.00 from holding Ovation Science or generate 0.0% return on investment in Ovation Science over 90 days. Ovation Science is related to or competes with Procyon, and Next Generation. Ovation Science Inc. engages in the production of cannabis or hemp products in Canada, the United States, and Mexico More
Ovation Science Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ovation Science's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ovation Science upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 28.14 |
Ovation Science Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ovation Science's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ovation Science's standard deviation. In reality, there are many statistical measures that can use Ovation Science historical prices to predict the future Ovation Science's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | (0.41) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ovation Science's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ovation Science March 2, 2026 Technical Indicators
| 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 | (0.40) | |||
| Mean Deviation | 0.8397 | |||
| Coefficient Of Variation | (812.40) | |||
| Standard Deviation | 3.46 | |||
| Variance | 11.99 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | (0.41) | |||
| Maximum Drawdown | 28.14 | |||
| Skewness | (8.12) | |||
| Kurtosis | 66.0 |
Ovation Science Backtested Returns
Ovation Science maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13 % return per unit of risk over the last 3 months. Ovation Science exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ovation Science's Coefficient Of Variation of (812.40), variance of 11.99, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The company holds a Beta of 1.05, which implies a somewhat significant risk relative to the market. Ovation Science returns are very sensitive to returns on the market. As the market goes up or down, Ovation Science is expected to follow. At this point, Ovation Science has a negative expected return of -0.45%. Please make sure to check Ovation Science's variance, as well as the relationship between the skewness and day typical price , to decide if Ovation Science performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Ovation Science has no correlation between past and present. Overlapping area represents the amount of predictability between Ovation Science time series from 2nd of December 2025 to 16th of January 2026 and 16th of January 2026 to 2nd of March 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ovation Science price movement. The serial correlation of 0.0 indicates that just 0.0% of current Ovation Science price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ovation Science 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.
Ovation Science Technical Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Normalized Average True Range is used to analyze tradable apportunities for Ovation Science across different markets.
About Ovation Science 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 Ovation Science 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 Ovation Science based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ovation Science price pattern first instead of the macroeconomic environment surrounding Ovation Science. By analyzing Ovation Science'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 Ovation Science'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 Ovation Science specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ovation Science March 2, 2026 Technical Indicators
Most technical analysis of Ovation 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 Ovation from various momentum indicators to cycle indicators. When you analyze Ovation 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 | (0.40) | |||
| Mean Deviation | 0.8397 | |||
| Coefficient Of Variation | (812.40) | |||
| Standard Deviation | 3.46 | |||
| Variance | 11.99 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | (0.41) | |||
| Maximum Drawdown | 28.14 | |||
| Skewness | (8.12) | |||
| Kurtosis | 66.0 |
Ovation Science March 2, 2026 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 Ovation 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 | 0.00 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 0.02 | ||
| Day Typical Price | 0.02 | ||
| Price Action Indicator | 0.00 |
Complementary Tools for Ovation Pink Sheet analysis
When running Ovation Science's price analysis, check to measure Ovation Science'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 Ovation Science is operating at the current time. Most of Ovation Science's value examination focuses on studying past and present price action to predict the probability of Ovation Science's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovation Science's price. Additionally, you may evaluate how the addition of Ovation Science to your portfolios can decrease your overall portfolio volatility.
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