Optima Health (UK) Technical Analysis
OPT Stock | 155.40 1.60 1.02% |
As of the 29th of November, Optima Health holds the Risk Adjusted Performance of 0.0452, semi deviation of 1.09, and Coefficient Of Variation of 1870.21. Our technical analysis interface allows you to check existing technical drivers of Optima Health plc, as well as the relationship between them. Please check Optima Health plc maximum drawdown, as well as the relationship between the downside variance and skewness to decide if Optima Health plc is priced some-what accurately, providing market reflects its current price of 155.4 per share.
Optima Health Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Optima, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OptimaOptima |
Optima Health 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.
Optima Health plc Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Optima Health plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Optima Health plc Trend Analysis
Use this graph to draw trend lines for Optima Health plc. You can use it to identify possible trend reversals for Optima Health 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 Optima Health price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Optima Health Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Optima Health plc applied against its price change over selected period. The best fit line has a slop of 0.31 , which means Optima Health plc will continue generating value for investors. It has 92 observation points and a regression sum of squares at 1556.0, which is the sum of squared deviations for the predicted Optima Health price change compared to its average price change.About Optima Health 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 Optima Health plc 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 Optima Health plc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Optima Health plc price pattern first instead of the macroeconomic environment surrounding Optima Health plc. By analyzing Optima Health'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 Optima Health'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 Optima Health specific price patterns or momentum indicators. Please read more on our technical analysis page.
Optima Health November 29, 2024 Technical Indicators
Most technical analysis of Optima 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 Optima from various momentum indicators to cycle indicators. When you analyze Optima 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 | 0.0452 | |||
Market Risk Adjusted Performance | 0.2623 | |||
Mean Deviation | 0.9434 | |||
Semi Deviation | 1.09 | |||
Downside Deviation | 1.4 | |||
Coefficient Of Variation | 1870.21 | |||
Standard Deviation | 1.33 | |||
Variance | 1.77 | |||
Information Ratio | (0.04) | |||
Jensen Alpha | 0.0332 | |||
Total Risk Alpha | (0.14) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.2523 | |||
Maximum Drawdown | 5.83 | |||
Value At Risk | (2.01) | |||
Potential Upside | 2.56 | |||
Downside Variance | 1.96 | |||
Semi Variance | 1.19 | |||
Expected Short fall | (1.35) | |||
Skewness | (0.06) | |||
Kurtosis | 0.8255 |
Optima Health November 29, 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 Optima 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.
Accumulation Distribution | 596.50 | ||
Daily Balance Of Power | (0.62) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 156.70 | ||
Day Typical Price | 156.27 | ||
Price Action Indicator | (2.10) |
Complementary Tools for Optima Stock analysis
When running Optima Health's price analysis, check to measure Optima Health'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 Optima Health is operating at the current time. Most of Optima Health's value examination focuses on studying past and present price action to predict the probability of Optima Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optima Health's price. Additionally, you may evaluate how the addition of Optima Health to your portfolios can decrease your overall portfolio volatility.
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