Option Care Stock Forecast - Daily Balance Of Power
| OPCH Stock | USD 23.52 0.00 0.00% |
Option Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Option Care's historical fundamentals, such as revenue growth or operating cash flow patterns.
Option |
Open Interest Against 2025-01-17 Option Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Option Care's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Option Care's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Option Care stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Option Care's open interest, investors have to compare it to Option Care's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Option Care is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Option. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.7273 | 0.5 |
| Check Option Care Volatility | Backtest Option Care | Trend Details |
Option Care Trading Date Momentum
| On June 25 2024 Option Care Health was traded for 28.16 at the closing time. The top price for the day was 28.69 and the lowest listed price was 28.11 . The trading volume for the day was 1.1 M. The trading history from June 25, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.74% . The trading delta at closing time against the current closing price is 3.00% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Option Care to competition |
Other Forecasting Options for Option Care
For every potential investor in Option, whether a beginner or expert, Option Care's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Option Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Option. Basic forecasting techniques help filter out the noise by identifying Option Care's price trends.Option Care Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Option Care stock to make a market-neutral strategy. Peer analysis of Option Care could also be used in its relative valuation, which is a method of valuing Option Care by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Option Care Health Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Option Care's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Option Care's current price.| Cycle Indicators | ||
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| Volume Indicators |
Option Care Market Strength Events
Market strength indicators help investors to evaluate how Option Care stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Option Care shares will generate the highest return on investment. By undertsting and applying Option Care stock market strength indicators, traders can identify Option Care Health entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0361 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 23.1 | |||
| Day Typical Price | 23.24 | |||
| Market Facilitation Index | 0.85 | |||
| Price Action Indicator | 0.42 | |||
| Relative Strength Index | 41.54 |
Option Care Risk Indicators
The analysis of Option Care's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Option Care's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting option stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.9 | |||
| Standard Deviation | 3.49 | |||
| Variance | 12.2 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether Option Care Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Option Care's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Option Care Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Option Care Health Stock:Check out Historical Fundamental Analysis of Option Care to cross-verify your projections. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Health Care Providers & Services space 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 Option Care. If investors know Option 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 Option Care listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.19 | Revenue Per Share | Quarterly Revenue Growth 0.17 | Return On Assets | Return On Equity |
The market value of Option Care Health is measured differently than its book value, which is the value of Option that is recorded on the company's balance sheet. Investors also form their own opinion of Option Care's value that differs from its market value or its book value, called intrinsic value, which is Option Care'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 Option Care's market value can be influenced by many factors that don't directly affect Option Care'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 Option Care's value and its price as these two are different measures arrived at by different means. Investors typically determine if Option Care is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Option Care'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.