Onespan Stock Technical Analysis
| OSPN Stock | USD 9.86 0.04 0.40% |
As of the 18th of April 2024, OneSpan holds the Semi Deviation of 3.96, coefficient of variation of 29684.6, and Risk Adjusted Performance of 0.0107. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of OneSpan, 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 data for nineteen technical drivers for OneSpan, which can be compared to its competitors. Please check OneSpan information ratio, as well as the relationship between the potential upside and kurtosis to decide if OneSpan is priced some-what accurately, providing market reflects its current price of 9.86 per share. Given that OneSpan has jensen alpha of (0.17), we recommend you to check out OneSpan's recent market performance to make sure the company can sustain itself at a future point.
OneSpan Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as OneSpan, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OneSpanOneSpan |
OneSpan Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 15.67 | Buy | 4 | Odds |
Most OneSpan 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 OneSpan stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of OneSpan, talking to its executives and customers, or listening to OneSpan conference calls.
OneSpan 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.
OneSpan Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 OneSpan volatility. High ATR values indicate high volatility, and low values indicate low volatility.
OneSpan Trend Analysis
Use this graph to draw trend lines for OneSpan. You can use it to identify possible trend reversals for OneSpan 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 OneSpan price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.OneSpan Best Fit Change Line
The following chart estimates an ordinary least squares regression model for OneSpan applied against its price change over selected period. The best fit line has a slop of 0.01 , which means OneSpan will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4.99, which is the sum of squared deviations for the predicted OneSpan price change compared to its average price change.About OneSpan 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 OneSpan 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 OneSpan based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on OneSpan price pattern first instead of the macroeconomic environment surrounding OneSpan. By analyzing OneSpan'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 OneSpan'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 OneSpan specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 4.6E-5 | 4.4E-5 | Price To Sales Ratio | 1.83 | 1.74 |
OneSpan April 18, 2024 Technical Indicators
Most technical analysis of OneSpan 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 OneSpan from various momentum indicators to cycle indicators. When you analyze OneSpan 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 | 0.0107 | |||
| Market Risk Adjusted Performance | 0.0113 | |||
| Mean Deviation | 2.85 | |||
| Semi Deviation | 3.96 | |||
| Downside Deviation | 4.02 | |||
| Coefficient Of Variation | 29684.6 | |||
| Standard Deviation | 4.49 | |||
| Variance | 20.15 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0013 | |||
| Maximum Drawdown | 35.89 | |||
| Value At Risk | (6.53) | |||
| Potential Upside | 4.8 | |||
| Downside Variance | 16.15 | |||
| Semi Variance | 15.66 | |||
| Expected Short fall | (3.04) | |||
| Skewness | 1.53 | |||
| Kurtosis | 10.76 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneSpan. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in OneSpan Stock, please use our How to Invest in OneSpan guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for OneSpan Stock analysis
When running OneSpan's price analysis, check to measure OneSpan'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 OneSpan is operating at the current time. Most of OneSpan's value examination focuses on studying past and present price action to predict the probability of OneSpan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OneSpan's price. Additionally, you may evaluate how the addition of OneSpan to your portfolios can decrease your overall portfolio volatility.
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Is OneSpan'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 OneSpan. If investors know OneSpan 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 OneSpan 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 0.27 | Earnings Share (0.74) | Revenue Per Share 5.849 | Quarterly Revenue Growth 0.111 | Return On Assets (0.02) |
The market value of OneSpan is measured differently than its book value, which is the value of OneSpan that is recorded on the company's balance sheet. Investors also form their own opinion of OneSpan's value that differs from its market value or its book value, called intrinsic value, which is OneSpan'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 OneSpan's market value can be influenced by many factors that don't directly affect OneSpan'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 OneSpan's value and its price as these two are different measures arrived at by different means. Investors typically determine if OneSpan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneSpan'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.