Omeros Stock Technical Analysis
OMER Stock | USD 3.21 0.13 3.89% |
As of the 18th of April 2024, Omeros holds the Coefficient Of Variation of 7114.42, semi deviation of 4.55, and Risk Adjusted Performance of 0.0178. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Omeros, as well as the relationship between them. Put it differently, 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 were able to analyze and collect data for nineteen technical drivers for Omeros, which can be compared to its competitors. Please check Omeros information ratio, as well as the relationship between the potential upside and kurtosis to decide if Omeros is priced some-what accurately, providing market reflects its current price of 3.21 per share. Given that Omeros has jensen alpha of (0.07), we recommend you to check out Omeros's recent market performance to make sure the company can sustain itself at a future point.
Omeros Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Omeros, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OmerosOmeros |
Omeros Analyst Consensus
Target Price | Advice | # of Analysts | |
8.5 | Hold | 2 | Odds |
Most Omeros analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Omeros stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Omeros, talking to its executives and customers, or listening to Omeros conference calls.
Omeros technical stock 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, stock market cycles, or different charting patterns.
Omeros Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Omeros volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Omeros Trend Analysis
Use this graph to draw trend lines for Omeros. You can use it to identify possible trend reversals for Omeros 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 Omeros price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Omeros Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Omeros applied against its price change over selected period. The best fit line has a slop of 0.0049 , which may suggest that Omeros market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.9, which is the sum of squared deviations for the predicted Omeros price change compared to its average price change.About Omeros 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 Omeros 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 Omeros based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Omeros price pattern first instead of the macroeconomic environment surrounding Omeros. By analyzing Omeros'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 Omeros'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 Omeros specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 | 2024 (projected) | Dividend Yield | 0.0323 | 0.0287 | Price To Sales Ratio | 12.73 | 12.09 |
Omeros April 18, 2024 Technical Indicators
Most technical analysis of Omeros 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 Omeros from various momentum indicators to cycle indicators. When you analyze Omeros 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 | 0.0178 | |||
Market Risk Adjusted Performance | 0.0329 | |||
Mean Deviation | 4.1 | |||
Semi Deviation | 4.55 | |||
Downside Deviation | 4.75 | |||
Coefficient Of Variation | 7114.42 | |||
Standard Deviation | 5.99 | |||
Variance | 35.93 | |||
Information Ratio | 0.0048 | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.36) | |||
Sortino Ratio | 0.0061 | |||
Treynor Ratio | 0.0229 | |||
Maximum Drawdown | 36.28 | |||
Value At Risk | (7.71) | |||
Potential Upside | 10.44 | |||
Downside Variance | 22.59 | |||
Semi Variance | 20.68 | |||
Expected Short fall | (4.92) | |||
Skewness | 1.55 | |||
Kurtosis | 4.85 |
Omeros April 18, 2024 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 Omeros 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 | 26,434 | ||
Daily Balance Of Power | (0.62) | ||
Rate Of Daily Change | 0.96 | ||
Day Median Price | 3.31 | ||
Day Typical Price | 3.27 | ||
Price Action Indicator | (0.16) |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omeros. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Omeros Stock, please use our How to Invest in Omeros guide.Note that the Omeros information on this page should be used as a complementary analysis to other Omeros' 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Omeros Stock analysis
When running Omeros' price analysis, check to measure Omeros' 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 Omeros is operating at the current time. Most of Omeros' value examination focuses on studying past and present price action to predict the probability of Omeros' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omeros' price. Additionally, you may evaluate how the addition of Omeros to your portfolios can decrease your overall portfolio volatility.
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Is Omeros' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Omeros. If investors know Omeros will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Omeros listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.84) | Revenue Per Share (0.48) | Quarterly Revenue Growth 0.149 | Return On Assets (0.21) | Return On Equity (5.76) |
The market value of Omeros is measured differently than its book value, which is the value of Omeros that is recorded on the company's balance sheet. Investors also form their own opinion of Omeros' value that differs from its market value or its book value, called intrinsic value, which is Omeros' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Omeros' market value can be influenced by many factors that don't directly affect Omeros' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Omeros' value and its price as these two are different measures arrived at by different means. Investors typically determine if Omeros is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Omeros' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.