OCUP Old Price on September 6, 2024

OCUPDelisted Stock  USD 1.13  0.06  5.04%   
If you're considering investing in OCUP Stock, it is important to understand the factors that can impact its price. As of today, the current price of OCUP Old stands at 1.13, as last reported on the 8th of January, with the highest price reaching 1.20 and the lowest price hitting 1.10 during the day. OCUP Old maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the company had a -0.15% return per unit of standard deviation over the last 3 months. OCUP Old exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OCUP Old's Mean Deviation of 3.18, variance of 19.94, and Market Risk Adjusted Performance of 18.28 to confirm the risk estimate we provide.
  
OCUP Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1539

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Estimated Market Risk

 4.06
  actual daily
36
64% of assets are more volatile

Expected Return

 -0.62
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average OCUP Old 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 OCUP Old by adding OCUP Old to a well-diversified portfolio.

Related Headline

Eyenovia Headline on 6th of September 2024

Filed transaction by Eyenovia Director: . Grant, award or other acquisition pursuant to Rule 16b-3(d)

OCUP Old Valuation on September 6, 2024

It is possible to determine the worth of OCUP Old on a given historical date. On September 6, 2024 OCUP was worth 1.26 at the beginning of the trading date compared to the closed value of 1.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OCUP Old stock. Still, in general, we apply an absolute valuation method to find OCUP Old'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 OCUP Old where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OCUP Old's related companies.
 Open High Low Close Volume
  1.20    1.26    1.19    1.24    38,197  
09/06/2024
  1.26    1.28    1.17    1.20    53,991  
  1.20    1.24    1.18    1.21    75,701  
Backtest OCUP Old  |  OCUP Old History  |  OCUP Old Valuation   PreviousNext  
Open Value
1.26
1.2
Closing Value
13.43
Upside

OCUP Old Trading Date Momentum on September 6, 2024

On September 09 2024 OCUP Old was traded for  1.21  at the closing time. The top price for the day was 1.24  and the lowest listed price was  1.18 . The trading volume for the day was 75.7 K. The trading history from September 9, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 0.83% . The trading delta at closing time against the current closing price is 10.83% .

OCUP Old Fundamentals Correlations and Trends

By evaluating OCUP Old'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 OCUP Old's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OCUP financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About OCUP Old Stock history

OCUP Old 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 OCUP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OCUP Old 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 OCUP Old stock prices may prove useful in developing a viable investing in OCUP Old
Ocuphire Pharma, Inc., a clinical-stage ophthalmic biopharmaceutical company, focuses on developing and commercializing therapies for the treatment of refractive and retinal eye disorders. Ocuphire Pharma, Inc. is headquartered in Farmington Hills, Michigan. Ocuphire Pharma operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 8 people.

OCUP Old Stock Technical Analysis

OCUP Old 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, delisted stock market cycles, or different charting patterns.
A focus of OCUP Old technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of OCUP Old 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

OCUP Old Period Price Range

Low
January 8, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

OCUP Old cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

OCUP Old January 8, 2025 Market Strength

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

OCUP Old Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for OCUP Old's price direction in advance. Along with the technical and fundamental analysis of OCUP Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OCUP 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.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Other Consideration for investing in OCUP Stock

If you are still planning to invest in OCUP Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the OCUP Old's history and understand the potential risks before investing.
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