Ontrak Inc Preferred Stock Technical Analysis
OTRKPDelisted Preferred Stock | USD 0.53 0.00 0.00% |
As of the 2nd of December, Ontrak holds the Risk Adjusted Performance of 0.023, coefficient of variation of 5469.73, and Semi Deviation of 5.73. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ontrak, as well as the relationship between them.
Ontrak Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ontrak, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OntrakOntrak |
Ontrak technical preferred 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, delisted preferred stock market cycles, or different charting patterns.
Ontrak Inc Technical Analysis
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Ontrak Inc Trend Analysis
Use this graph to draw trend lines for Ontrak Inc. You can use it to identify possible trend reversals for Ontrak 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 Ontrak price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ontrak Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ontrak Inc applied against its price change over selected period. The best fit line has a slop of 0.0008 , which may suggest that Ontrak Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Ontrak price change compared to its average price change.About Ontrak 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 Ontrak Inc 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 Ontrak Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ontrak Inc price pattern first instead of the macroeconomic environment surrounding Ontrak Inc. By analyzing Ontrak'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 Ontrak'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 Ontrak specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ontrak December 2, 2024 Technical Indicators
Most technical analysis of Ontrak 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 Ontrak from various momentum indicators to cycle indicators. When you analyze Ontrak 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 | 0.023 | |||
Market Risk Adjusted Performance | 0.0829 | |||
Mean Deviation | 5.26 | |||
Semi Deviation | 5.73 | |||
Downside Deviation | 7.11 | |||
Coefficient Of Variation | 5469.73 | |||
Standard Deviation | 7.62 | |||
Variance | 58.1 | |||
Information Ratio | 2.0E-4 | |||
Jensen Alpha | (0.1) | |||
Total Risk Alpha | (1.14) | |||
Sortino Ratio | 2.0E-4 | |||
Treynor Ratio | 0.0729 | |||
Maximum Drawdown | 45.53 | |||
Value At Risk | (10.53) | |||
Potential Upside | 14.0 | |||
Downside Variance | 50.61 | |||
Semi Variance | 32.81 | |||
Expected Short fall | (8.04) | |||
Skewness | 0.9414 | |||
Kurtosis | 2.46 |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in Ontrak Preferred Stock
If you are still planning to invest in Ontrak Inc 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 Ontrak's history and understand the potential risks before investing.
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