Ofx Group Ltd Stock Technical Analysis
| OZFRY Stock | USD 4.35 0.00 0.00% |
As of the 19th of January, OFX Group holds the Risk Adjusted Performance of (0.1), market risk adjusted performance of 0.4985, and Coefficient Of Variation of (787.40). Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of OFX Group, as well as the relationship between them.
OFX Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as OFX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OFXOFX |
OFX Group 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.
OFX Group Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-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 OFX Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
OFX Group Trend Analysis
Use this graph to draw trend lines for OFX Group Ltd. You can use it to identify possible trend reversals for OFX Group 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 OFX Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.OFX Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for OFX Group Ltd applied against its price change over selected period. The best fit line has a slop of 0.07 , which may suggest that OFX Group Ltd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 197.88, which is the sum of squared deviations for the predicted OFX Group price change compared to its average price change.About OFX Group 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 OFX Group Ltd 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 OFX Group Ltd based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on OFX Group price pattern first instead of the macroeconomic environment surrounding OFX Group. By analyzing OFX Group'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 OFX Group'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 OFX Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
OFX Group January 19, 2025 Technical Indicators
Most technical analysis of OFX 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 OFX from various momentum indicators to cycle indicators. When you analyze OFX 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 | (0.1) | |||
| Market Risk Adjusted Performance | 0.4985 | |||
| Mean Deviation | 1.29 | |||
| Coefficient Of Variation | (787.40) | |||
| Standard Deviation | 5.16 | |||
| Variance | 26.66 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.64) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | 0.4885 | |||
| Maximum Drawdown | 40.65 | |||
| Skewness | (7.87) | |||
| Kurtosis | 62.0 |
Additional Tools for OFX Pink Sheet Analysis
When running OFX Group's price analysis, check to measure OFX Group'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 OFX Group is operating at the current time. Most of OFX Group's value examination focuses on studying past and present price action to predict the probability of OFX Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OFX Group's price. Additionally, you may evaluate how the addition of OFX Group to your portfolios can decrease your overall portfolio volatility.