Oceana OTC Stock Technical Analysis

OCGPF
 Stock
  

USD 3.65  0.55  17.74%   

As of the 4th of July, Oceana holds the coefficient of variation of 661.27, and Risk Adjusted Performance of 0.2183. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oceana, 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 data for nineteen technical drivers for Oceana Group, which can be compared to its competitors. Please check Oceana Group variance, as well as the relationship between the maximum drawdown and semi variance to decide if Oceana Group is priced some-what accurately, providing market reflects its current price of 3.65 per share. Given that Oceana has jensen alpha of 0.3422, we recommend you to check out Oceana Group's recent market performance to make sure the company can sustain itself at a future point.
  
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Oceana Momentum Analysis

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

Oceana Group 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 Oceana Group volatility developed by Welles Wilder.
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Oceana Group Trend Analysis

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

Oceana Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Oceana Group applied against its price change over selected period. The best fit line has a slop of   0.006166  , which means Oceana Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.44, which is the sum of squared deviations for the predicted Oceana price change compared to its average price change.

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

Oceana July 4, 2022 Technical Indicators

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

Oceana July 4, 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 Oceana 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 Oceana Group information on this page should be used as a complementary analysis to other Oceana'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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

Complementary Tools for Oceana OTC Stock analysis

When running Oceana Group price analysis, check to measure Oceana'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 Oceana is operating at the current time. Most of Oceana's value examination focuses on studying past and present price action to predict the probability of Oceana's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Oceana's price. Additionally, you may evaluate how the addition of Oceana to your portfolios can decrease your overall portfolio volatility.
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Is Oceana'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 Oceana. If investors know Oceana 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 Oceana 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
-0.54
Market Capitalization
443.1 M
Quarterly Revenue Growth YOY
-0.11
Return On Assets
0.0456
Return On Equity
0.1
The market value of Oceana Group is measured differently than its book value, which is the value of Oceana that is recorded on the company's balance sheet. Investors also form their own opinion of Oceana's value that differs from its market value or its book value, called intrinsic value, which is Oceana'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 Oceana's market value can be influenced by many factors that don't directly affect Oceana'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 Oceana's value and its price as these two are different measures arrived at by different means. Investors typically determine Oceana value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceana'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.