Olo Inc Etf Technical Analysis
OLO Etf | USD 4.92 0.22 4.68% |
As of the 25th of April, Olo holds the Variance of 6.7, risk adjusted performance of 3.0E-4, and Coefficient Of Variation of (8,568). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Olo, as well as the relationship between them. Put it differently, you can use this information to find out if the etf will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down and interpolate thirteen technical drivers for Olo Inc, which can be compared to its competitors. Please check Olo Inc market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Olo Inc is priced some-what accurately, providing market reflects its current price of 4.92 per share.
Olo Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Olo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OloOlo |
Olo technical etf 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, etf market cycles, or different charting patterns.
Olo Inc Technical Analysis
The output start index for this execution was five with a total number of output elements of fifty-six. 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 Olo Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Olo Inc Trend Analysis
Use this graph to draw trend lines for Olo Inc. You can use it to identify possible trend reversals for Olo 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 Olo price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Olo Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Olo Inc applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that the returns on investment in Olo Inc will continue to fail. It has 122 observation points and a regression sum of squares at 8.83, which is the sum of squared deviations for the predicted Olo price change compared to its average price change.About Olo 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 Olo Inc 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 Olo Inc based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Olo Inc price pattern first instead of the macroeconomic environment surrounding Olo Inc. By analyzing Olo'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 Olo'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 Olo specific price patterns or momentum indicators. Please read more on our technical analysis page.
Olo April 25, 2024 Technical Indicators
Most technical analysis of Olo 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 Olo from various momentum indicators to cycle indicators. When you analyze Olo 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.
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Risk Adjusted Performance | 3.0E-4 | |||
Market Risk Adjusted Performance | (0.09) | |||
Mean Deviation | 1.87 | |||
Coefficient Of Variation | (8,568) | |||
Standard Deviation | 2.59 | |||
Variance | 6.7 | |||
Information Ratio | (0.05) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.36) | |||
Treynor Ratio | (0.1) | |||
Maximum Drawdown | 13.38 | |||
Value At Risk | (4.43) | |||
Potential Upside | 3.78 | |||
Skewness | (0.26) | |||
Kurtosis | 1.04 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olo Inc. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of Olo Inc is measured differently than its book value, which is the value of Olo that is recorded on the company's balance sheet. Investors also form their own opinion of Olo's value that differs from its market value or its book value, called intrinsic value, which is Olo'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 Olo's market value can be influenced by many factors that don't directly affect Olo'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 Olo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olo'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.