Onemednet Corp Stock Technical Analysis
| ONMD Stock | 1.40 0.35 33.33% |
As of the 22nd of December, OneMedNet Corp holds the Risk Adjusted Performance of 0.1545, semi deviation of 4.69, and Coefficient Of Variation of 544.47. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of OneMedNet Corp, as well as the relationship between them. Please check OneMedNet Corp variance, as well as the relationship between the maximum drawdown and semi variance to decide if OneMedNet Corp is priced some-what accurately, providing market reflects its current price of 1.4 per share. Please also confirm OneMedNet Corp total risk alpha, which is currently at 1.23 to check out the company can sustain itself at a future point.
OneMedNet Corp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as OneMedNet, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OneMedNetOneMedNet |
OneMedNet Corp 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.
OneMedNet Corp Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 OneMedNet Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
OneMedNet Corp Trend Analysis
Use this graph to draw trend lines for OneMedNet Corp. You can use it to identify possible trend reversals for OneMedNet Corp 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 OneMedNet Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.OneMedNet Corp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for OneMedNet Corp applied against its price change over selected period. The best fit line has a slop of 0.01 , which means OneMedNet Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.43, which is the sum of squared deviations for the predicted OneMedNet Corp price change compared to its average price change.About OneMedNet Corp 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 OneMedNet Corp 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 OneMedNet Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on OneMedNet Corp price pattern first instead of the macroeconomic environment surrounding OneMedNet Corp. By analyzing OneMedNet Corp'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 OneMedNet Corp'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 OneMedNet Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Payables Turnover | 0.54 | 0.25 | 0.23 | Days Of Inventory On Hand | 2.41E-4 | 2.17E-4 | 2.28E-4 |
OneMedNet Corp December 22, 2024 Technical Indicators
Most technical analysis of OneMedNet 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 OneMedNet from various momentum indicators to cycle indicators. When you analyze OneMedNet 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1545 | |||
| Market Risk Adjusted Performance | (25.17) | |||
| Mean Deviation | 5.39 | |||
| Semi Deviation | 4.69 | |||
| Downside Deviation | 6.14 | |||
| Coefficient Of Variation | 544.47 | |||
| Standard Deviation | 7.95 | |||
| Variance | 63.2 | |||
| Information Ratio | 0.1796 | |||
| Jensen Alpha | 1.45 | |||
| Total Risk Alpha | 1.23 | |||
| Sortino Ratio | 0.2325 | |||
| Treynor Ratio | (25.18) | |||
| Maximum Drawdown | 35.64 | |||
| Value At Risk | (10.20) | |||
| Potential Upside | 16.67 | |||
| Downside Variance | 37.72 | |||
| Semi Variance | 22.04 | |||
| Expected Short fall | (7.76) | |||
| Skewness | 1.34 | |||
| Kurtosis | 3.99 |
Complementary Tools for OneMedNet Stock analysis
When running OneMedNet Corp's price analysis, check to measure OneMedNet Corp'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 OneMedNet Corp is operating at the current time. Most of OneMedNet Corp's value examination focuses on studying past and present price action to predict the probability of OneMedNet Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OneMedNet Corp's price. Additionally, you may evaluate how the addition of OneMedNet Corp to your portfolios can decrease your overall portfolio volatility.
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