Ocean Electric Stock Technical Analysis
OCELDelisted Stock | USD 0.02 0 10.53% |
As of the 3rd of December, Ocean Electric holds the Risk Adjusted Performance of 0.1303, coefficient of variation of 631.27, and Semi Deviation of 8.07. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ocean Electric, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Ocean Electric, which can be compared to its competitors. Please check Ocean Electric variance, as well as the relationship between the maximum drawdown and semi variance to decide if Ocean Electric is priced some-what accurately, providing market reflects its current price of 0.021 per share. As Ocean Electric appears to be a penny stock we also advise to check out its total risk alpha numbers.
Ocean Electric Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ocean, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OceanOcean |
Ocean Electric technical otc 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, otc market cycles, or different charting patterns.
Ocean Electric Technical Analysis
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Ocean Electric Trend Analysis
Use this graph to draw trend lines for Ocean Electric. You can use it to identify possible trend reversals for Ocean Electric 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 Ocean Electric price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ocean Electric Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ocean Electric applied against its price change over selected period. The best fit line has a slop of 0.000069 , which means Ocean Electric will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Ocean Electric price change compared to its average price change.About Ocean Electric 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 Ocean Electric 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 Ocean Electric based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Ocean Electric price pattern first instead of the macroeconomic environment surrounding Ocean Electric. By analyzing Ocean Electric'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 Ocean Electric'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 Ocean Electric specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ocean Electric December 3, 2024 Technical Indicators
Most technical analysis of Ocean 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 Ocean from various momentum indicators to cycle indicators. When you analyze Ocean 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 | 0.1303 | |||
Market Risk Adjusted Performance | 3.23 | |||
Mean Deviation | 7.96 | |||
Semi Deviation | 8.07 | |||
Downside Deviation | 13.68 | |||
Coefficient Of Variation | 631.27 | |||
Standard Deviation | 10.7 | |||
Variance | 114.42 | |||
Information Ratio | 0.1468 | |||
Jensen Alpha | 1.62 | |||
Total Risk Alpha | 0.0845 | |||
Sortino Ratio | 0.1148 | |||
Treynor Ratio | 3.22 | |||
Maximum Drawdown | 52.99 | |||
Value At Risk | (15.38) | |||
Potential Upside | 20.0 | |||
Downside Variance | 187.13 | |||
Semi Variance | 65.1 | |||
Expected Short fall | (13.12) | |||
Skewness | 0.0146 | |||
Kurtosis | 0.8496 |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in income. Note that the Ocean Electric information on this page should be used as a complementary analysis to other Ocean Electric's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Ocean OTC Stock
If you are still planning to invest in Ocean Electric check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ocean Electric's history and understand the potential risks before investing.
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