Obsidian Energy Stock Math Transform Inverse Tangent Over Price Movement

OBE Stock  CAD 11.34  0.47  3.98%   
Obsidian Energy math transform tool provides the execution environment for running the Inverse Tangent Over Price Movement transformation and other technical functions against Obsidian Energy. Obsidian Energy value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of math transform indicators. As with most other technical indicators, the Inverse Tangent Over Price Movement transformation function is designed to identify and follow existing trends. Analysts that use price transformation techniques rely on the belief that biggest profits from investing in Obsidian Energy can be made when Obsidian Energy shifts in price trends from positive to negative or vice versa.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Obsidian Energy Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Obsidian Energy price patterns.

Obsidian Energy Technical Analysis Modules

Most technical analysis of Obsidian Energy 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 Obsidian from various momentum indicators to cycle indicators. When you analyze Obsidian charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Obsidian Energy Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Obsidian Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Obsidian Energy based on widely used predictive technical indicators. In general, we focus on analyzing Obsidian Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Obsidian Energy's daily price indicators and compare them against related drivers, such as math transform and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Obsidian Energy's intrinsic value. In addition to deriving basic predictive indicators for Obsidian Energy, we also check how macroeconomic factors affect Obsidian Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.110.088
Price To Sales Ratio1.111.58
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Obsidian Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
9.7911.8113.83
Details
Intrinsic
Valuation
LowRealHigh
7.349.3612.99
Details
Naive
Forecast
LowNextHigh
10.4012.4214.44
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.270.731.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Obsidian Energy. Your research has to be compared to or analyzed against Obsidian Energy's peers to derive any actionable benefits. When done correctly, Obsidian Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Obsidian Energy.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Obsidian Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Obsidian Energy's short interest history, or implied volatility extrapolated from Obsidian Energy options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Investor Favorites Idea
Investor Favorites
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Momentum Idea
Momentum
Invested over 200 shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 70 shares
Banking Idea
Banking
Invested over 30 shares
When determining whether Obsidian Energy is a strong investment it is important to analyze Obsidian Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Obsidian Energy's future performance. For an informed investment choice regarding Obsidian Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Obsidian Energy. 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.
To learn how to invest in Obsidian Stock, please use our How to Invest in Obsidian Energy guide.
Note that the Obsidian Energy information on this page should be used as a complementary analysis to other Obsidian Energy'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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Obsidian Stock analysis

When running Obsidian Energy's price analysis, check to measure Obsidian Energy'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 Obsidian Energy is operating at the current time. Most of Obsidian Energy's value examination focuses on studying past and present price action to predict the probability of Obsidian Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Obsidian Energy's price. Additionally, you may evaluate how the addition of Obsidian Energy to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Obsidian Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Obsidian Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Obsidian Energy'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.