Ocado Group Pink Sheet Forecast - Mean Deviation
| OCDDY Stock | USD 8.72 0.20 2.35% |
Ocado Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ocado Group stock prices and determine the direction of Ocado Group plc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ocado Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Ocado Group to cross-verify your projections. Ocado |
Most investors in Ocado Group cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Ocado Group's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Ocado Group's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Ocado Group Volatility | Backtest Ocado Group | Information Ratio |
Ocado Group Trading Date Momentum
| On April 18 2024 Ocado Group plc was traded for 8.72 at the closing time. The highest daily price throughout the period was 8.79 and the lowest price was 8.57 . There was no trading activity during the period 0.0. Lack of trading volume on 04/18/2024 did not cause price change. The trading delta at closing time to current closing price is 0.46% . |
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Other Forecasting Options for Ocado Group
For every potential investor in Ocado, whether a beginner or expert, Ocado Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ocado Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ocado. Basic forecasting techniques help filter out the noise by identifying Ocado Group's price trends.Ocado Group Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ocado Group pink sheet to make a market-neutral strategy. Peer analysis of Ocado Group could also be used in its relative valuation, which is a method of valuing Ocado Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ocado Group plc Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Ocado Group's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Ocado Group's current price.| Cycle Indicators | ||
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| Momentum Indicators | ||
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| Volume Indicators |
Ocado Group Market Strength Events
Market strength indicators help investors to evaluate how Ocado Group pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ocado Group shares will generate the highest return on investment. By undertsting and applying Ocado Group pink sheet market strength indicators, traders can identify Ocado Group plc entry and exit signals to maximize returns.
Ocado Group Risk Indicators
The analysis of Ocado Group's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Ocado Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ocado pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.43 | |||
| Standard Deviation | 2.98 | |||
| Variance | 8.88 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Ocado Group to cross-verify your projections. Note that the Ocado Group plc information on this page should be used as a complementary analysis to other Ocado Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Ocado Pink Sheet analysis
When running Ocado Group's price analysis, check to measure Ocado 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 Ocado Group is operating at the current time. Most of Ocado Group's value examination focuses on studying past and present price action to predict the probability of Ocado 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 Ocado Group's price. Additionally, you may evaluate how the addition of Ocado Group to your portfolios can decrease your overall portfolio volatility.
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