As of 26 of March Opko Health holds Coefficient Of Variation of
(1,298) and Risk Adjusted Performance of (0.043918). Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of Opko Health as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for Opko Health which can be compared to its competitors. Please check Opko Health Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if Opko Health is priced some-what accurately providing market reflects its current price of 891.7 per share.
|Horizon||30 Days Login to change|
Opko Health Technical Analysis
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Opko Health Trend AnalysisUse this graph to draw trend lines for Opko Health. You can use it to identify possible trend reversals for Opko Health 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 Opko Health price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Opko Health Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Opko Health applied against its price change over selected period. The best fit line has a slop of 9.31 % which may suggest that Opko Health market price will keep on failing further. It has 78 observation points and a regression sum of squares at 856456.69, which is the sum of squared deviations for the predicted Opko Health price change compared to its average price change.
|Risk Adjusted Performance||(0.043918)|
|Market Risk Adjusted Performance||(0.34)|
|Coefficient Of Variation||(1,298)|
|Total Risk Alpha||(1.43)|
|Value At Risk||(10.93)|