Oz Minerals Limited Stock Technical Analysis
OZMLFDelisted Stock | USD 19.00 0.00 0.00% |
As of the 27th of November, OZ Minerals owns the market risk adjusted performance of (0.03), and Standard Deviation of 4.37. Concerning fundamental indicators, the technical analysis model allows you to check potential technical drivers of OZ Minerals Limited, as well as the relationship between them. Please check OZ Minerals Limited jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if OZ Minerals Limited is priced more or less accurately, providing market reflects its prevailing price of 19.0 per share. Given that OZ Minerals Limited has jensen alpha of 0.2054, we recommend you to check out OZ Minerals's latest market performance to make sure the company can sustain itself at some future date.
OZ Minerals Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as OZMLF, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OZMLFOZMLF |
OZ Minerals 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.
OZ Minerals Limited Technical Analysis
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OZ Minerals Limited Trend Analysis
Use this graph to draw trend lines for OZ Minerals Limited. You can use it to identify possible trend reversals for OZ Minerals 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 OZ Minerals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.OZ Minerals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for OZ Minerals Limited applied against its price change over selected period. The best fit line has a slop of 0.01 , which means OZ Minerals Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3.85, which is the sum of squared deviations for the predicted OZ Minerals price change compared to its average price change.About OZ Minerals 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 OZ Minerals Limited 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 OZ Minerals Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on OZ Minerals Limited price pattern first instead of the macroeconomic environment surrounding OZ Minerals Limited. By analyzing OZ Minerals'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 OZ Minerals'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 OZ Minerals specific price patterns or momentum indicators. Please read more on our technical analysis page.
OZ Minerals November 27, 2024 Technical Indicators
Most technical analysis of OZMLF 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 OZMLF from various momentum indicators to cycle indicators. When you analyze OZMLF 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.
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
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Volume Indicators |
Risk Adjusted Performance | 0.0186 | |||
Market Risk Adjusted Performance | (0.03) | |||
Mean Deviation | 2.07 | |||
Semi Deviation | 3.2 | |||
Downside Deviation | 8.56 | |||
Coefficient Of Variation | 7410.89 | |||
Standard Deviation | 4.37 | |||
Variance | 19.12 | |||
Information Ratio | (0.02) | |||
Jensen Alpha | 0.2054 | |||
Total Risk Alpha | (0.64) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | (0.04) | |||
Maximum Drawdown | 23.14 | |||
Value At Risk | (8.01) | |||
Potential Upside | 9.68 | |||
Downside Variance | 73.2 | |||
Semi Variance | 10.21 | |||
Expected Short fall | (8.60) | |||
Skewness | 0.0302 | |||
Kurtosis | 2.74 |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in OZMLF Pink Sheet
If you are still planning to invest in OZ Minerals Limited check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the OZ Minerals' history and understand the potential risks before investing.
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