Oneconnect Financial Technology Stock Price on July 29, 2024

OCFT Stock  USD 2.43  0.19  7.25%   
If you're considering investing in Oneconnect Stock, it is important to understand the factors that can impact its price. As of today, the current price of Oneconnect Financial stands at 2.43, as last reported on the 3rd of January, with the highest price reaching 2.60 and the lowest price hitting 2.33 during the day. Oneconnect Financial maintains Sharpe Ratio (i.e., Efficiency) of -0.0985, which implies the firm had a -0.0985% return per unit of risk over the last 3 months. Oneconnect Financial exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oneconnect Financial's Risk Adjusted Performance of 0.0166, semi deviation of 7.7, and Coefficient Of Variation of 10902.14 to confirm the risk estimate we provide.
  
Oneconnect Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0985

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Estimated Market Risk

 7.81
  actual daily
69
69% of assets are less volatile

Expected Return

 -0.77
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Oneconnect Financial is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Oneconnect Financial by adding Oneconnect Financial to a well-diversified portfolio.

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Oneconnect Financial Valuation on July 29, 2024

It is possible to determine the worth of Oneconnect Financial on a given historical date. On July 29, 2024 Oneconnect was worth 1.65 at the beginning of the trading date compared to the closed value of 1.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oneconnect Financial stock. Still, in general, we apply an absolute valuation method to find Oneconnect Financial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Oneconnect Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oneconnect Financial's related companies.
 Open High Low Close Volume
  1.65    1.65    1.60    1.65    4,858  
07/29/2024
  1.65    1.65    1.57    1.64    8,292  
  1.58    1.64    1.57    1.58    1,463  
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Open Value
1.65
1.64
Closing Value
25.07
Upside

Oneconnect Financial Trading Date Momentum on July 29, 2024

On July 30 2024 Oneconnect Financial Technology was traded for  1.58  at the closing time. The top price for the day was 1.64  and the lowest listed price was  1.57 . The trading volume for the day was 1.5 K. The trading history from July 30, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.66% . The trading delta at closing time against the current closing price is 14.02% .

Oneconnect Financial Fundamentals Correlations and Trends

By evaluating Oneconnect Financial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Oneconnect Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oneconnect financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Oneconnect Financial Stock history

Oneconnect Financial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Oneconnect is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oneconnect Financial will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Oneconnect Financial stock prices may prove useful in developing a viable investing in Oneconnect Financial
OneConnect Financial Technology Co., Ltd. provides cloud-platform-based Fintech solutions, and online information and operating support services for financial institutions in the Peoples Republic of China. OneConnect Financial Technology Co., Ltd. was founded in 2015 and is headquartered in Shenzhen, the Peoples Republic of China. OneConnect Financial is traded on New York Stock Exchange in the United States.

Oneconnect Financial Stock Technical Analysis

Oneconnect Financial 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 Oneconnect Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oneconnect Financial 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...

Price Boundaries

Oneconnect Financial Period Price Range

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Oneconnect Financial Technology cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Oneconnect Financial January 3, 2025 Market Strength

Market strength indicators help investors to evaluate how Oneconnect Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oneconnect Financial shares will generate the highest return on investment. By undertsting and applying Oneconnect Financial stock market strength indicators, traders can identify Oneconnect Financial Technology entry and exit signals to maximize returns

Oneconnect Financial Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Oneconnect Financial's price direction in advance. Along with the technical and fundamental analysis of Oneconnect Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oneconnect to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Oneconnect Stock Analysis

When running Oneconnect Financial's price analysis, check to measure Oneconnect Financial'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 Oneconnect Financial is operating at the current time. Most of Oneconnect Financial's value examination focuses on studying past and present price action to predict the probability of Oneconnect Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oneconnect Financial's price. Additionally, you may evaluate how the addition of Oneconnect Financial to your portfolios can decrease your overall portfolio volatility.