Oriental Culture Holdingltd Stock Technical Analysis

OCG Stock  USD 0.99  0.04  3.88%   
As of the 18th of April 2024, Oriental Culture holds the Semi Deviation of 4.92, coefficient of variation of 8591.64, and Risk Adjusted Performance of 0.0163. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oriental Culture, 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 break down nineteen technical drivers for Oriental Culture Hol, which can be compared to its competitors. Please check Oriental Culture Hol information ratio, as well as the relationship between the value at risk and expected short fall to decide if Oriental Culture Hol is priced some-what accurately, providing market reflects its current price of 0.99 per share. Given that Oriental Culture is a hitting penny stock territory we advise to closely look at its total risk alpha.

Oriental Culture Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oriental, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Oriental
  
Oriental Culture's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Oriental Culture 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.
A focus of Oriental Culture technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oriental Culture trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Oriental Culture Hol Technical Analysis

Indicator
Time Period
Execute Indicator
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 Oriental Culture Hol volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Oriental Culture Hol Trend Analysis

Use this graph to draw trend lines for Oriental Culture HoldingLtd. You can use it to identify possible trend reversals for Oriental Culture 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 Oriental Culture price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Oriental Culture Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Oriental Culture HoldingLtd applied against its price change over selected period. The best fit line has a slop of   0.0011  , which may imply that the returns on investment in Oriental Culture HoldingLtd will continue to fail. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted Oriental Culture price change compared to its average price change.

About Oriental Culture 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 Oriental Culture HoldingLtd 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 Oriental Culture HoldingLtd based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Oriental Culture Hol price pattern first instead of the macroeconomic environment surrounding Oriental Culture Hol. By analyzing Oriental Culture'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 Oriental Culture'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 Oriental Culture specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding9.63146.83132.15138.76
PTB Ratio11.391.071.231.17

Oriental Culture April 18, 2024 Technical Indicators

Most technical analysis of Oriental 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 Oriental from various momentum indicators to cycle indicators. When you analyze Oriental 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.

Oriental Culture 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 Oriental 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.
When determining whether Oriental Culture Hol is a strong investment it is important to analyze Oriental Culture's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Oriental Culture's future performance. For an informed investment choice regarding Oriental Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oriental Culture HoldingLtd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Oriental Culture Hol information on this page should be used as a complementary analysis to other Oriental Culture'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Oriental Stock analysis

When running Oriental Culture's price analysis, check to measure Oriental Culture'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 Oriental Culture is operating at the current time. Most of Oriental Culture's value examination focuses on studying past and present price action to predict the probability of Oriental Culture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oriental Culture's price. Additionally, you may evaluate how the addition of Oriental Culture to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Money Managers
Screen money managers from public funds and ETFs managed around the world
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Global Correlations
Find global opportunities by holding instruments from different markets
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Is Oriental Culture's 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 Oriental Culture. If investors know Oriental 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 Oriental Culture 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
(0.46)
Earnings Share
(8.45)
Revenue Per Share
0.369
Quarterly Revenue Growth
(0.95)
Return On Assets
(0.06)
The market value of Oriental Culture Hol is measured differently than its book value, which is the value of Oriental that is recorded on the company's balance sheet. Investors also form their own opinion of Oriental Culture's value that differs from its market value or its book value, called intrinsic value, which is Oriental Culture's 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 Oriental Culture's market value can be influenced by many factors that don't directly affect Oriental Culture's 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 Oriental Culture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oriental Culture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oriental Culture's 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.