Ovid Therapeutics (Germany) Technical Analysis
1OT Stock | EUR 0.98 0.04 3.92% |
As of the 16th of December 2024, Ovid Therapeutics holds the Risk Adjusted Performance of 0.0261, coefficient of variation of 4067.05, and Semi Deviation of 3.62. Ovid Therapeutics technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check Ovid Therapeutics variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if Ovid Therapeutics is priced some-what accurately, providing market reflects its current price of 0.98 per share.
Ovid Therapeutics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ovid, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OvidOvid |
Ovid Therapeutics 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.
Ovid Therapeutics 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 Ovid Therapeutics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ovid Therapeutics Trend Analysis
Use this graph to draw trend lines for Ovid Therapeutics. You can use it to identify possible trend reversals for Ovid Therapeutics 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 Ovid Therapeutics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ovid Therapeutics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ovid Therapeutics applied against its price change over selected period. The best fit line has a slop of 0.0003 , which means Ovid Therapeutics will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Ovid Therapeutics price change compared to its average price change.About Ovid Therapeutics 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 Ovid Therapeutics 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 Ovid Therapeutics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ovid Therapeutics price pattern first instead of the macroeconomic environment surrounding Ovid Therapeutics. By analyzing Ovid Therapeutics'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 Ovid Therapeutics'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 Ovid Therapeutics specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ovid Therapeutics December 16, 2024 Technical Indicators
Most technical analysis of Ovid 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 Ovid from various momentum indicators to cycle indicators. When you analyze Ovid 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 | 0.0261 | |||
Market Risk Adjusted Performance | 0.0527 | |||
Mean Deviation | 2.9 | |||
Semi Deviation | 3.62 | |||
Downside Deviation | 4.14 | |||
Coefficient Of Variation | 4067.05 | |||
Standard Deviation | 4.26 | |||
Variance | 18.16 | |||
Information Ratio | 0.0011 | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.43) | |||
Sortino Ratio | 0.0011 | |||
Treynor Ratio | 0.0427 | |||
Maximum Drawdown | 27.88 | |||
Value At Risk | (4.90) | |||
Potential Upside | 6.25 | |||
Downside Variance | 17.18 | |||
Semi Variance | 13.11 | |||
Expected Short fall | (3.79) | |||
Skewness | 0.2166 | |||
Kurtosis | 3.21 |
Complementary Tools for Ovid Stock analysis
When running Ovid Therapeutics' price analysis, check to measure Ovid Therapeutics' 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 Ovid Therapeutics is operating at the current time. Most of Ovid Therapeutics' value examination focuses on studying past and present price action to predict the probability of Ovid Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovid Therapeutics' price. Additionally, you may evaluate how the addition of Ovid Therapeutics to your portfolios can decrease your overall portfolio volatility.
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Transaction History View history of all your transactions and understand their impact on performance | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |