Opus Small Cap Etf Technical Analysis
| OSCV Etf | USD 37.20 0.25 0.68% |
As of the 23rd of December, Opus Small holds the Risk Adjusted Performance of (0.01), coefficient of variation of (5,612), and Variance of 1.14. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Opus Small, as well as the relationship between them. Please check Opus Small Cap market risk adjusted performance and treynor ratio to decide if Opus Small Cap is priced some-what accurately, providing market reflects its current price of 37.2 per share.
Opus Small Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Opus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OpusOpus |
Opus Small technical etf 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, etf market cycles, or different charting patterns.
Opus Small Cap 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 Opus Small Cap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Opus Small Cap Trend Analysis
Use this graph to draw trend lines for Opus Small Cap. You can use it to identify possible trend reversals for Opus Small 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 Opus Small price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Opus Small Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Opus Small Cap applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Opus Small Cap will continue generating value for investors. It has 122 observation points and a regression sum of squares at 56.6, which is the sum of squared deviations for the predicted Opus Small price change compared to its average price change.About Opus Small 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 Opus Small Cap 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 Opus Small Cap based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Opus Small Cap price pattern first instead of the macroeconomic environment surrounding Opus Small Cap. By analyzing Opus Small'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 Opus Small'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 Opus Small specific price patterns or momentum indicators. Please read more on our technical analysis page.
Opus Small December 23, 2024 Technical Indicators
Most technical analysis of Opus 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 Opus from various momentum indicators to cycle indicators. When you analyze Opus 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 | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 0.7071 | |||
| Coefficient Of Variation | (5,612) | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.14 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 8.81 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.6 | |||
| Skewness | 1.13 | |||
| Kurtosis | 8.46 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opus Small Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of Opus Small Cap is measured differently than its book value, which is the value of Opus that is recorded on the company's balance sheet. Investors also form their own opinion of Opus Small's value that differs from its market value or its book value, called intrinsic value, which is Opus Small's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Opus Small's market value can be influenced by many factors that don't directly affect Opus Small's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Opus Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opus Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opus Small's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.