Omeros Stock Price on December 4, 2024
If you're considering investing in Omeros Stock, it is important to understand the factors that can impact its price. Omeros is risky given 3 months investment horizon. Omeros maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 1.55% are justified by taking the suggested risk. Use Omeros Risk Adjusted Performance of 0.1102, coefficient of variation of 718.54, and Semi Deviation of 4.29 to evaluate company specific risk that cannot be diversified away.
Omeros Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Omeros |
Sharpe Ratio = 0.1392
| Best Portfolio | Best Equity | |||
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| Average Returns | OMER | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 11.11 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.55 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Omeros is performing at about 10% of its full potential. 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 Omeros by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Omeros Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
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Omeros December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Omeros stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Omeros shares will generate the highest return on investment. By undertsting and applying Omeros stock market strength indicators, traders can identify Omeros entry and exit signals to maximize returns
Omeros Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Omeros' price direction in advance. Along with the technical and fundamental analysis of Omeros Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Omeros 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.
| Risk Adjusted Performance | 0.1102 | |||
| Jensen Alpha | 1.39 | |||
| Total Risk Alpha | 0.6517 | |||
| Sortino Ratio | 0.2776 | |||
| Treynor Ratio | 0.6002 |
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| Volume Indicators |
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 income. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Other Tools for Omeros Stock
When running Omeros' price analysis, check to measure Omeros' 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 Omeros is operating at the current time. Most of Omeros' value examination focuses on studying past and present price action to predict the probability of Omeros' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omeros' price. Additionally, you may evaluate how the addition of Omeros to your portfolios can decrease your overall portfolio volatility.
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