Omega Healthcare Investors Stock Technical Analysis
OHI Stock | USD 30.26 0.16 0.53% |
As of the 22nd of April, Omega Healthcare holds the Risk Adjusted Performance of 0.045, coefficient of variation of 1551.67, and Semi Deviation of 1.08. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Omega Healthcare, 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 nineteen technical drivers for Omega Healthcare Inv, which can be compared to its competitors. Please check Omega Healthcare Inv variance, as well as the relationship between the maximum drawdown and semi variance to decide if Omega Healthcare Inv is priced some-what accurately, providing market reflects its current price of 30.26 per share. Given that Omega Healthcare has jensen alpha of 0.0178, we recommend you to check out Omega Healthcare Inv's recent market performance to make sure the company can sustain itself at a future point.
Omega Healthcare Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Omega, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OmegaOmega |
Omega Healthcare Analyst Consensus
Target Price | Advice | # of Analysts | |
33.82 | Buy | 16 | Odds |
Most Omega analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Omega stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Omega Healthcare Inv, talking to its executives and customers, or listening to Omega conference calls.
Omega Healthcare 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.
Omega Healthcare Inv 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 Omega Healthcare Inv volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Omega Healthcare Inv Trend Analysis
Use this graph to draw trend lines for Omega Healthcare Investors. You can use it to identify possible trend reversals for Omega Healthcare 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 Omega Healthcare price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Omega Healthcare Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Omega Healthcare Investors applied against its price change over selected period. The best fit line has a slop of 0.03 , which may imply that Omega Healthcare Investors will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 40.09, which is the sum of squared deviations for the predicted Omega Healthcare price change compared to its average price change.About Omega Healthcare 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 Omega Healthcare Investors 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 Omega Healthcare Investors based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Omega Healthcare Inv price pattern first instead of the macroeconomic environment surrounding Omega Healthcare Inv. By analyzing Omega Healthcare'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 Omega Healthcare'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 Omega Healthcare specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.091 | 0.0958 | 0.0873 | 0.1 | Price To Sales Ratio | 6.6 | 7.52 | 7.76 | 5.59 |
Omega Healthcare April 22, 2024 Technical Indicators
Most technical analysis of Omega 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 Omega from various momentum indicators to cycle indicators. When you analyze Omega 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 | 0.045 | |||
Market Risk Adjusted Performance | 0.1075 | |||
Mean Deviation | 0.874 | |||
Semi Deviation | 1.08 | |||
Downside Deviation | 1.24 | |||
Coefficient Of Variation | 1551.67 | |||
Standard Deviation | 1.37 | |||
Variance | 1.88 | |||
Information Ratio | 0.0022 | |||
Jensen Alpha | 0.0178 | |||
Total Risk Alpha | (0.09) | |||
Sortino Ratio | 0.0025 | |||
Treynor Ratio | 0.0975 | |||
Maximum Drawdown | 9.81 | |||
Value At Risk | (2.25) | |||
Potential Upside | 2.0 | |||
Downside Variance | 1.54 | |||
Semi Variance | 1.18 | |||
Expected Short fall | (0.91) | |||
Skewness | 1.36 | |||
Kurtosis | 7.15 |
Omega Healthcare April 22, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Omega stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 79,056 | ||
Daily Balance Of Power | (0.17) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 30.14 | ||
Day Typical Price | 30.18 | ||
Price Action Indicator | 0.04 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omega Healthcare Investors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Omega Healthcare Inv information on this page should be used as a complementary analysis to other Omega Healthcare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Omega Stock analysis
When running Omega Healthcare's price analysis, check to measure Omega Healthcare'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 Omega Healthcare is operating at the current time. Most of Omega Healthcare's value examination focuses on studying past and present price action to predict the probability of Omega Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omega Healthcare's price. Additionally, you may evaluate how the addition of Omega Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Omega Healthcare's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Omega Healthcare. If investors know Omega will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Omega Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.148 | Dividend Share 2.68 | Earnings Share 1 | Revenue Per Share 3.949 | Quarterly Revenue Growth 0.652 |
The market value of Omega Healthcare Inv is measured differently than its book value, which is the value of Omega that is recorded on the company's balance sheet. Investors also form their own opinion of Omega Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Omega Healthcare'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 Omega Healthcare's market value can be influenced by many factors that don't directly affect Omega Healthcare'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 Omega Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Omega Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Omega Healthcare'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.