Ono Pharmaceutical Co Stock Technical Analysis
| OPHLY Stock | USD 4.77 0.14 3.02% |
As of the 1st of June, Ono Pharmaceutical holds the Risk Adjusted Performance of (0.09), variance of 1.63, and Coefficient Of Variation of (650.30). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ono Pharmaceutical, 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 and interpolate thirteen technical drivers for Ono Pharmaceutical, which can be compared to its competitors. Please check Ono Pharmaceutical market risk adjusted performance and treynor ratio to decide if Ono Pharmaceutical is priced some-what accurately, providing market reflects its current price of 4.77 per share. Given that Ono Pharmaceutical has information ratio of (0.19), we recommend you to check out Ono Pharmaceutical's recent market performance to make sure the company can sustain itself at a future point.
Ono Pharmaceutical Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ono, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OnoOno |
Ono Pharmaceutical technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Ono Pharmaceutical Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Ono Pharmaceutical volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ono Pharmaceutical Trend Analysis
Use this graph to draw trend lines for Ono Pharmaceutical Co. You can use it to identify possible trend reversals for Ono Pharmaceutical 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 Ono Pharmaceutical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ono Pharmaceutical Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ono Pharmaceutical Co applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Ono Pharmaceutical Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 10.72, which is the sum of squared deviations for the predicted Ono Pharmaceutical price change compared to its average price change.About Ono Pharmaceutical 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 Ono Pharmaceutical Co 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 Ono Pharmaceutical Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ono Pharmaceutical price pattern first instead of the macroeconomic environment surrounding Ono Pharmaceutical. By analyzing Ono Pharmaceutical'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 Ono Pharmaceutical'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 Ono Pharmaceutical specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ono Pharmaceutical June 1, 2024 Technical Indicators
Most technical analysis of Ono 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 Ono from various momentum indicators to cycle indicators. When you analyze Ono 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 | (0.09) | |||
| Market Risk Adjusted Performance | (0.31) | |||
| Mean Deviation | 0.9919 | |||
| Coefficient Of Variation | (650.30) | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.63 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.32) | |||
| Maximum Drawdown | 5.06 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 1.63 | |||
| Skewness | (0.17) | |||
| Kurtosis | 0.1853 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ono Pharmaceutical Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Ono Pink Sheet analysis
When running Ono Pharmaceutical's price analysis, check to measure Ono Pharmaceutical'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 Ono Pharmaceutical is operating at the current time. Most of Ono Pharmaceutical's value examination focuses on studying past and present price action to predict the probability of Ono Pharmaceutical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ono Pharmaceutical's price. Additionally, you may evaluate how the addition of Ono Pharmaceutical to your portfolios can decrease your overall portfolio volatility.
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