OCADO OTC Stock Technical Analysis

OCDDY
 Stock
  

USD 21.08  0.20  0.94%   

As of the 28th of June, OCADO GROUP owns the market risk adjusted performance of 0.2634, and Semi Deviation of 5.07. In respect to fundamental indicators, the technical analysis model allows you to check possible technical drivers of OCADO GROUP PLC, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for OCADO GROUP, which can be compared to its peers in the sector. Please check OCADO GROUP PLC standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if OCADO GROUP PLC is priced fairly, providing market reflects its prevailing price of 21.08 per share. Given that OCADO GROUP PLC has jensen alpha of 0.7237, we recommend you to check out OCADO GROUP's latest market performance to make sure the company can sustain itself in the future.
  
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OCADO GROUP Momentum Analysis

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

OCADO GROUP PLC Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 OCADO GROUP PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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OCADO GROUP PLC Trend Analysis

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

OCADO GROUP Best Fit Change Line

The following chart estimates an ordinary least squares regression model for OCADO GROUP PLC applied against its price change over selected period. The best fit line has a slop of   -0.19  , which may suggest that OCADO GROUP PLC market price will keep on failing further. It has 34 observation points and a regression sum of squares at 29.28, which is the sum of squared deviations for the predicted OCADO GROUP price change compared to its average price change.

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

OCADO GROUP June 28, 2022 Technical Indicators

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

OCADO GROUP June 28, 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 OCADO 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 OCADO GROUP PLC information on this page should be used as a complementary analysis to other OCADO GROUP'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for OCADO OTC Stock analysis

When running OCADO GROUP PLC price analysis, check to measure OCADO GROUP'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 OCADO GROUP is operating at the current time. Most of OCADO GROUP's value examination focuses on studying past and present price action to predict the probability of OCADO GROUP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OCADO GROUP's price. Additionally, you may evaluate how the addition of OCADO GROUP to your portfolios can decrease your overall portfolio volatility.
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Is OCADO GROUP'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 OCADO GROUP. If investors know OCADO 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 OCADO GROUP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
B
Quarterly Revenue Growth YOY
-0.053
Return On Assets
-0.026
Return On Equity
-0.1
The market value of OCADO GROUP PLC is measured differently than its book value, which is the value of OCADO that is recorded on the company's balance sheet. Investors also form their own opinion of OCADO GROUP's value that differs from its market value or its book value, called intrinsic value, which is OCADO GROUP'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 OCADO GROUP's market value can be influenced by many factors that don't directly affect OCADO GROUP'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 OCADO GROUP's value and its price as these two are different measures arrived at by different means. Investors typically determine OCADO GROUP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OCADO GROUP'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.