Onemain Holdings Stock Technical Analysis

OMF Stock  USD 51.91  0.73  1.43%   
As of the 21st of December, OneMain Holdings holds the Semi Deviation of 1.99, risk adjusted performance of 0.0437, and Coefficient Of Variation of 2132.5. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of OneMain Holdings, as well as the relationship between them. Please check OneMain Holdings variance, as well as the relationship between the maximum drawdown and semi variance to decide if OneMain Holdings is priced some-what accurately, providing market reflects its current price of 51.91 per share. Given that OneMain Holdings has jensen alpha of 0.0604, we recommend you to check out OneMain Holdings's recent market performance to make sure the company can sustain itself at a future point.

OneMain Holdings Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as OneMain, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OneMain
  
OneMain Holdings' 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.

OneMain Holdings Analyst Consensus

Target PriceAdvice# of Analysts
51.08Strong Buy15Odds
OneMain Holdings current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most OneMain analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand OneMain stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of OneMain Holdings, talking to its executives and customers, or listening to OneMain conference calls.
OneMain Analyst Advice Details
OneMain Holdings 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 OneMain Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of OneMain Holdings 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...

OneMain Holdings Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of OneMain Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

OneMain Holdings Trend Analysis

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

OneMain Holdings Best Fit Change Line

The following chart estimates an ordinary least squares regression model for OneMain Holdings applied against its price change over selected period. The best fit line has a slop of   0.23  , which may imply that OneMain Holdings will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 2001.1, which is the sum of squared deviations for the predicted OneMain Holdings price change compared to its average price change.

About OneMain Holdings 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 OneMain Holdings 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 OneMain Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on OneMain Holdings price pattern first instead of the macroeconomic environment surrounding OneMain Holdings. By analyzing OneMain Holdings'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 OneMain Holdings'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 OneMain Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Dividend Yield0.190.08220.0747
Price To Sales Ratio1.642.312.06

OneMain Holdings December 21, 2024 Technical Indicators

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

OneMain Holdings December 21, 2024 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 OneMain 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.

Complementary Tools for OneMain Stock analysis

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