Orasure Technologies Stock Technical Analysis
| OSUR Stock | USD 5.41 0.11 1.99% |
As of the 15th of April 2024, OraSure Technologies holds the Risk Adjusted Performance of (0.10), coefficient of variation of (557.85), and Variance of 7.21. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of OraSure Technologies, 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 are able to break down and analyze data for thirteen technical drivers for OraSure Technologies, which can be compared to its competitors. Please check OraSure Technologies market risk adjusted performance and treynor ratio to decide if OraSure Technologies is priced some-what accurately, providing market reflects its current price of 5.41 per share. Given that OraSure Technologies has information ratio of (0.21), we recommend you to check out OraSure Technologies's recent market performance to make sure the company can sustain itself at a future point.
OraSure Technologies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as OraSure, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OraSureOraSure |
OraSure Technologies Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 5.85 | Buy | 6 | Odds |
Most OraSure 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 OraSure stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of OraSure Technologies, talking to its executives and customers, or listening to OraSure conference calls.
OraSure Technologies 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.
OraSure Technologies Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 OraSure Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
OraSure Technologies Trend Analysis
Use this graph to draw trend lines for OraSure Technologies. You can use it to identify possible trend reversals for OraSure Technologies 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 OraSure Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.OraSure Technologies Best Fit Change Line
The following chart estimates an ordinary least squares regression model for OraSure Technologies applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that OraSure Technologies market price will keep on failing further. It has 122 observation points and a regression sum of squares at 44.63, which is the sum of squared deviations for the predicted OraSure Technologies price change compared to its average price change.About OraSure Technologies 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 OraSure Technologies 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 OraSure Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on OraSure Technologies price pattern first instead of the macroeconomic environment surrounding OraSure Technologies. By analyzing OraSure Technologies'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 OraSure Technologies'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 OraSure Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 3.93E-4 | 0.002236 | 0.002572 | 0.002443 | Price To Sales Ratio | 2.68 | 0.9 | 1.48 | 1.41 |
OraSure Technologies April 15, 2024 Technical Indicators
Most technical analysis of OraSure 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 OraSure from various momentum indicators to cycle indicators. When you analyze OraSure 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 | (0.10) | |||
| Market Risk Adjusted Performance | (0.52) | |||
| Mean Deviation | 1.97 | |||
| Coefficient Of Variation | (557.85) | |||
| Standard Deviation | 2.68 | |||
| Variance | 7.21 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | (0.53) | |||
| Maximum Drawdown | 16.81 | |||
| Value At Risk | (5.03) | |||
| Potential Upside | 2.9 | |||
| Skewness | 0.5398 | |||
| Kurtosis | 2.68 |
OraSure Technologies April 15, 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 OraSure 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 | 18,999 | ||
| Daily Balance Of Power | (0.69) | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 5.48 | ||
| Day Typical Price | 5.46 | ||
| Price Action Indicator | (0.12) |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OraSure Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. To learn how to invest in OraSure Stock, please use our How to Invest in OraSure Technologies guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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When running OraSure Technologies' price analysis, check to measure OraSure Technologies' 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 OraSure Technologies is operating at the current time. Most of OraSure Technologies' value examination focuses on studying past and present price action to predict the probability of OraSure Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OraSure Technologies' price. Additionally, you may evaluate how the addition of OraSure Technologies to your portfolios can decrease your overall portfolio volatility.
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Is OraSure Technologies' 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 OraSure Technologies. If investors know OraSure 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 OraSure Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.296 | Earnings Share 0.72 | Revenue Per Share 5.528 | Quarterly Revenue Growth (0.38) | Return On Assets 0.0729 |
The market value of OraSure Technologies is measured differently than its book value, which is the value of OraSure that is recorded on the company's balance sheet. Investors also form their own opinion of OraSure Technologies' value that differs from its market value or its book value, called intrinsic value, which is OraSure Technologies' 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 OraSure Technologies' market value can be influenced by many factors that don't directly affect OraSure Technologies' 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 OraSure Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if OraSure Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OraSure Technologies' 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.