Opko Health (Israel) Technical Analysis
| OPK Stock | 596.00 40.40 7.27% |
As of the 15th of December 2024, Opko Health holds the Coefficient Of Variation of 1707.54, risk adjusted performance of 0.0504, and Semi Deviation of 3.14. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Opko Health, as well as the relationship between them.
Opko 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 Opko, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OpkoOpko |
Opko 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.
Opko Health Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Opko Health volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Opko Health Trend Analysis
Use this graph to draw trend lines for Opko Health. You can use it to identify possible trend reversals for Opko 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 Opko Health price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Opko Health Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Opko Health applied against its price change over selected period. The best fit line has a slop of 0.33 , which may suggest that Opko Health market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4169.71, which is the sum of squared deviations for the predicted Opko Health price change compared to its average price change.About Opko 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 Opko Health 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 Opko Health based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Opko Health price pattern first instead of the macroeconomic environment surrounding Opko Health. By analyzing Opko 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 Opko 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 Opko Health specific price patterns or momentum indicators. Please read more on our technical analysis page.
Opko Health December 15, 2024 Technical Indicators
Most technical analysis of Opko 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 Opko from various momentum indicators to cycle indicators. When you analyze Opko 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 | 0.0504 | |||
| Market Risk Adjusted Performance | 0.3418 | |||
| Mean Deviation | 2.73 | |||
| Semi Deviation | 3.14 | |||
| Downside Deviation | 3.43 | |||
| Coefficient Of Variation | 1707.54 | |||
| Standard Deviation | 3.59 | |||
| Variance | 12.89 | |||
| Information Ratio | 0.0307 | |||
| Jensen Alpha | 0.1459 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0322 | |||
| Treynor Ratio | 0.3318 | |||
| Maximum Drawdown | 16.61 | |||
| Value At Risk | (5.29) | |||
| Potential Upside | 6.36 | |||
| Downside Variance | 11.73 | |||
| Semi Variance | 9.84 | |||
| Expected Short fall | (2.85) | |||
| Skewness | 0.1766 | |||
| Kurtosis | 0.0821 |
Complementary Tools for Opko Stock analysis
When running Opko Health's price analysis, check to measure Opko 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 Opko Health is operating at the current time. Most of Opko Health's value examination focuses on studying past and present price action to predict the probability of Opko 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 Opko Health's price. Additionally, you may evaluate how the addition of Opko Health to your portfolios can decrease your overall portfolio volatility.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |