Ontex Group Nv Stock Technical Analysis
ONXXF Stock | USD 8.93 0.00 0.00% |
As of the 7th of January, Ontex Group holds the Coefficient Of Variation of (2,454), variance of 5.16, and Risk Adjusted Performance of (0.03). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ontex Group, as well as the relationship between them. Please check Ontex Group NV risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis to decide if Ontex Group NV is priced some-what accurately, providing market reflects its current price of 8.93 per share. Given that Ontex Group has variance of 5.16, we recommend you to check out Ontex Group NV's recent market performance to make sure the company can sustain itself at a future point.
Ontex Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ontex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OntexOntex |
Ontex Group technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Ontex Group NV Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Ontex Group NV volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ontex Group NV Trend Analysis
Use this graph to draw trend lines for Ontex Group NV. You can use it to identify possible trend reversals for Ontex Group 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 Ontex Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ontex Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ontex Group NV applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Ontex Group NV market price will keep on failing further. It has 122 observation points and a regression sum of squares at 19.91, which is the sum of squared deviations for the predicted Ontex Group price change compared to its average price change.About Ontex Group 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 Ontex Group NV 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 Ontex Group NV based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ontex Group NV price pattern first instead of the macroeconomic environment surrounding Ontex Group NV. By analyzing Ontex Group'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 Ontex Group'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 Ontex Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ontex Group January 7, 2025 Technical Indicators
Most technical analysis of Ontex 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 Ontex from various momentum indicators to cycle indicators. When you analyze Ontex 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.03) | |||
Market Risk Adjusted Performance | 0.221 | |||
Mean Deviation | 0.508 | |||
Coefficient Of Variation | (2,454) | |||
Standard Deviation | 2.27 | |||
Variance | 5.16 | |||
Information Ratio | (0.05) | |||
Jensen Alpha | (0.1) | |||
Total Risk Alpha | (0.14) | |||
Treynor Ratio | 0.211 | |||
Maximum Drawdown | 16.86 | |||
Skewness | (6.00) | |||
Kurtosis | 47.88 |
Complementary Tools for Ontex Pink Sheet analysis
When running Ontex Group's price analysis, check to measure Ontex Group'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 Ontex Group is operating at the current time. Most of Ontex Group's value examination focuses on studying past and present price action to predict the probability of Ontex Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ontex Group's price. Additionally, you may evaluate how the addition of Ontex Group to your portfolios can decrease your overall portfolio volatility.
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |