Oculus Visiontech Stock Technical Analysis

OVT Stock  CAD 0.04  0.01  10.00%   
As of the 29th of March, Oculus VisionTech holds the Risk Adjusted Performance of 0.0376, coefficient of variation of 1985.26, and Semi Deviation of 9.33. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oculus VisionTech, 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 were able to interpolate nineteen technical drivers for Oculus VisionTech, which can be compared to its competitors. Please check Oculus VisionTech jensen alpha and downside variance to decide if Oculus VisionTech is priced some-what accurately, providing market reflects its current price of 0.045 per share.

Oculus VisionTech Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oculus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Oculus
  
Oculus VisionTech's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Oculus VisionTech 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.
A focus of Oculus VisionTech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oculus VisionTech trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Oculus VisionTech Technical Analysis

Indicator
Time Period
Execute Indicator
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 Oculus VisionTech volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Oculus VisionTech Trend Analysis

Use this graph to draw trend lines for Oculus VisionTech. You can use it to identify possible trend reversals for Oculus VisionTech 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 Oculus VisionTech price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Oculus VisionTech Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Oculus VisionTech applied against its price change over selected period. The best fit line has a slop of   0.000072  , which means Oculus VisionTech 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 Oculus VisionTech price change compared to its average price change.

About Oculus VisionTech 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 Oculus VisionTech 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 Oculus VisionTech based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Oculus VisionTech price pattern first instead of the macroeconomic environment surrounding Oculus VisionTech. By analyzing Oculus VisionTech'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 Oculus VisionTech'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 Oculus VisionTech specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Days Of Sales Outstanding378.55397.48
Days Of Inventory Outstanding1.3K1.4K

Oculus VisionTech March 29, 2024 Technical Indicators

Most technical analysis of Oculus 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 Oculus from various momentum indicators to cycle indicators. When you analyze Oculus 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.

Oculus VisionTech March 29, 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 Oculus 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oculus VisionTech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Oculus Stock analysis

When running Oculus VisionTech's price analysis, check to measure Oculus VisionTech'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 Oculus VisionTech is operating at the current time. Most of Oculus VisionTech's value examination focuses on studying past and present price action to predict the probability of Oculus VisionTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oculus VisionTech's price. Additionally, you may evaluate how the addition of Oculus VisionTech to your portfolios can decrease your overall portfolio volatility.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Please note, there is a significant difference between Oculus VisionTech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oculus VisionTech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oculus VisionTech'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.