Ovation Science Stock Price on April 30, 2024

OVATF Stock  USD 0.01  0.02  64.81%   
If you're considering investing in Ovation Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Ovation Science stands at 0.01, as last reported on the 16th of December 2024, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. Ovation Science maintains Sharpe Ratio (i.e., Efficiency) of -0.17, which implies the firm had a -0.17% return per unit of risk over the last 3 months. Ovation Science exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ovation Science's Risk Adjusted Performance of (0.11), coefficient of variation of (597.17), and Variance of 80.45 to confirm the risk estimate we provide.
  
Ovation Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1688

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Estimated Market Risk

 9.04
  actual daily
80
80% of assets are less volatile

Expected Return

 -1.53
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average Ovation Science 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 Ovation Science by adding Ovation Science to a well-diversified portfolio.

Ovation Science Valuation on April 30, 2024

It is possible to determine the worth of Ovation Science on a given historical date. On April 30, 2024 Ovation was worth 0.0415 at the beginning of the trading date compared to the closed value of 0.0415. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ovation Science pink sheet. Still, in general, we apply an absolute valuation method to find Ovation Science'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 Ovation Science where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ovation Science's related companies.
 Open High Low Close Volume
  0.04    0.04    0.04    0.04    2,500  
04/30/2024
  0.04    0.04    0.04    0.04    1.00  
  0.04    0.04    0.04    0.04    5,000  
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Open Value
0.0415
0.0004
Downside
0.0415
Closing Value
27.15
Upside

Ovation Science Trading Date Momentum on April 30, 2024

On May 01 2024 Ovation Science was traded for  0.04  at the closing time. The highest daily price throughout the period was 0.04  and the lowest price was  0.04 . The daily volume was 5 K. The net trading volume on 05/01/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.72% . The trading delta at closing time to current closing price is 0.72% .

Ovation Science Fundamentals Correlations and Trends

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

About Ovation Science Pink Sheet history

Ovation Science 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 Ovation is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ovation Science 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 Ovation Science stock prices may prove useful in developing a viable investing in Ovation Science
Ovation Science Inc. engages in the production of cannabis or hemp products in Canada, the United States, and Mexico. Ovation Science Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. Ovation Science is traded on OTC Exchange in the United States.

Ovation Science Pink Sheet Technical Analysis

Ovation Science 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.
A focus of Ovation Science technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ovation Science 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

Ovation Science Period Price Range

Low
December 16, 2024
0.00  NaN%
High

 0.00 

     

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Ovation Science cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Ovation Science December 16, 2024 Market Strength

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

Ovation Science Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ovation Science's price direction in advance. Along with the technical and fundamental analysis of Ovation Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ovation 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.

Complementary Tools for Ovation Pink Sheet analysis

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