Oceanagold OTC Stock Technical Analysis

OCANF
 Stock
  

USD 1.91  0.04  2.05%   

As of the 1st of July, Oceanagold Corp holds the risk adjusted performance of (0.07), and Coefficient Of Variation of (1,919). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oceanagold Corp, 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 interpolate nineteen technical drivers for Oceanagold Corp, which can be compared to its competitors. Please check Oceanagold Corp standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Oceanagold Corp is priced some-what accurately, providing market reflects its current price of 1.91 per share. Please also confirm Oceanagold Corp total risk alpha, which is currently at 0.2834 to check out the company can sustain itself at a future point.
  
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Oceanagold Corp Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oceanagold, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Oceanagold
Oceanagold Corp'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.
Oceanagold Corp technical otc 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 Oceanagold Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oceanagold Corp 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...

Oceanagold Corp Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Oceanagold Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Oceanagold Corp Trend Analysis

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

Oceanagold Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Oceanagold Corp applied against its price change over selected period. The best fit line has a slop of   -0.0073  , which may suggest that Oceanagold Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.02, which is the sum of squared deviations for the predicted Oceanagold Corp price change compared to its average price change.

About Oceanagold Corp 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 Oceanagold Corp 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 Oceanagold Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Oceanagold Corp stock first instead of the macroeconomic environment surrounding Oceanagold Corp. By analyzing Oceanagold Corp'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 Oceanagold Corp'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 Oceanagold Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.

Oceanagold Corp July 1, 2022 Technical Indicators

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

Oceanagold Corp July 1, 2022 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 Oceanagold 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.
Please check Your Equity Center. Note that the Oceanagold Corp information on this page should be used as a complementary analysis to other Oceanagold Corp'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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Oceanagold OTC Stock analysis

When running Oceanagold Corp price analysis, check to measure Oceanagold Corp'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 Oceanagold Corp is operating at the current time. Most of Oceanagold Corp's value examination focuses on studying past and present price action to predict the probability of Oceanagold Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Oceanagold Corp's price. Additionally, you may evaluate how the addition of Oceanagold Corp to your portfolios can decrease your overall portfolio volatility.
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Is Oceanagold Corp'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 Oceanagold Corp. If investors know Oceanagold 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 Oceanagold Corp 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 YOY
4.5
Market Capitalization
1.4 B
Quarterly Revenue Growth YOY
0.92
Return On Assets
0.0145
Return On Equity
0.0367
The market value of Oceanagold Corp is measured differently than its book value, which is the value of Oceanagold that is recorded on the company's balance sheet. Investors also form their own opinion of Oceanagold Corp's value that differs from its market value or its book value, called intrinsic value, which is Oceanagold Corp'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 Oceanagold Corp's market value can be influenced by many factors that don't directly affect Oceanagold Corp'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 Oceanagold Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Oceanagold Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceanagold Corp'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.