OCCIN Stock Technical Analysis

OCCIN -  USA Stock  

USD 23.24  0.01  0.043%

As of the 25th of June, Ofs Credit holds the coefficient of variation of (2,484), and Risk Adjusted Performance of (0.06). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ofs Credit, 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 collect and analyze data for nineteen technical drivers for Ofs Credit, which can be compared to its competitors. Please check Ofs Credit information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Ofs Credit is priced some-what accurately, providing market reflects its current price of 23.24 per share. Given that Ofs Credit has jensen alpha of (0.05), we recommend you to check out Ofs Credit's recent market performance to make sure the company can sustain itself at a future point.
  
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Ofs Credit Momentum Analysis

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

Ofs Credit Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Ofs Credit volatility developed by Welles Wilder.
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Ofs Credit Trend Analysis

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

Ofs Credit Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ofs Credit applied against its price change over selected period. The best fit line has a slop of   -0.02  , which may suggest that Ofs Credit market price will keep on failing further. It has 122 observation points and a regression sum of squares at 22.18, which is the sum of squared deviations for the predicted Ofs Credit price change compared to its average price change.

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

Ofs Credit June 25, 2022 Technical Indicators

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

Ofs Credit June 25, 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 OCCIN 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 Ofs Credit information on this page should be used as a complementary analysis to other Ofs Credit'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Ofs Credit price analysis, check to measure Ofs Credit'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 Ofs Credit is operating at the current time. Most of Ofs Credit's value examination focuses on studying past and present price action to predict the probability of Ofs Credit's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ofs Credit's price. Additionally, you may evaluate how the addition of Ofs Credit to your portfolios can decrease your overall portfolio volatility.
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Is Ofs Credit'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 Ofs Credit. If investors know OCCIN 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 Ofs Credit 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
-0.91
Quarterly Revenue Growth YOY
1.18
Return On Assets
0.0586
Return On Equity
0.0462
The market value of Ofs Credit is measured differently than its book value, which is the value of OCCIN that is recorded on the company's balance sheet. Investors also form their own opinion of Ofs Credit's value that differs from its market value or its book value, called intrinsic value, which is Ofs Credit'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 Ofs Credit's market value can be influenced by many factors that don't directly affect Ofs Credit'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 Ofs Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine Ofs Credit value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ofs Credit'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.