Optimi Health Corp Stock Technical Analysis
| OPTHF Stock | USD 0.16 0.01 5.88% |
As of the 16th of December 2024, Optimi Health holds the Risk Adjusted Performance of (0.01), variance of 55.3, and Coefficient Of Variation of (3,525). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Optimi Health, 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 have analyze and collected data for thirteen technical drivers for Optimi Health Corp, which can be compared to its competitors. Please check Optimi Health Corp standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Optimi Health Corp is priced some-what accurately, providing market reflects its current price of 0.16 per share. As Optimi Health Corp appears to be a penny stock we also advise to check out its jensen alpha numbers.
Optimi 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 Optimi, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OptimiOptimi |
Optimi Health 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.
Optimi Health Corp 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 Optimi Health Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Optimi Health Corp Trend Analysis
Use this graph to draw trend lines for Optimi Health Corp. You can use it to identify possible trend reversals for Optimi 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 Optimi Health price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Optimi Health Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Optimi Health Corp applied against its price change over selected period. The best fit line has a slop of 0.0006 , which may suggest that Optimi Health Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Optimi Health price change compared to its average price change.About Optimi 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 Optimi Health 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 Optimi Health Corp based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Optimi Health Corp price pattern first instead of the macroeconomic environment surrounding Optimi Health Corp. By analyzing Optimi 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 Optimi 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 Optimi Health specific price patterns or momentum indicators. Please read more on our technical analysis page.
Optimi Health December 16, 2024 Technical Indicators
Most technical analysis of Optimi 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 Optimi from various momentum indicators to cycle indicators. When you analyze Optimi 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.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.08) | |||
| Mean Deviation | 5.19 | |||
| Coefficient Of Variation | (3,525) | |||
| Standard Deviation | 7.44 | |||
| Variance | 55.3 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (1.15) | |||
| Treynor Ratio | (0.09) | |||
| Maximum Drawdown | 39.08 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 11.76 | |||
| Skewness | 0.378 | |||
| Kurtosis | 1.16 |
Complementary Tools for Optimi OTC Stock analysis
When running Optimi Health's price analysis, check to measure Optimi 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 Optimi Health is operating at the current time. Most of Optimi Health's value examination focuses on studying past and present price action to predict the probability of Optimi 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 Optimi Health's price. Additionally, you may evaluate how the addition of Optimi Health to your portfolios can decrease your overall portfolio volatility.
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