Olema Pharmaceuticals Stock Technical Analysis
| OLMA Stock | USD 10.00 0.21 2.06% |
As of the 4th of December, Olema Pharmaceuticals holds the Variance of 16.29, coefficient of variation of (2,376), and Risk Adjusted Performance of (0.02). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Olema Pharmaceuticals, as well as the relationship between them.
Olema Pharmaceuticals Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Olema, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OlemaOlema |
Olema Pharmaceuticals Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 22.0 | Strong Buy | 8 | Odds |
Most Olema 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 Olema stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Olema Pharmaceuticals, talking to its executives and customers, or listening to Olema conference calls.
Olema Pharmaceuticals 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.
Olema Pharmaceuticals Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Olema Pharmaceuticals volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Olema Pharmaceuticals Trend Analysis
Use this graph to draw trend lines for Olema Pharmaceuticals. You can use it to identify possible trend reversals for Olema Pharmaceuticals 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 Olema Pharmaceuticals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Olema Pharmaceuticals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Olema Pharmaceuticals applied against its price change over selected period. The best fit line has a slop of 0.05 , which may suggest that Olema Pharmaceuticals market price will keep on failing further. It has 122 observation points and a regression sum of squares at 107.63, which is the sum of squared deviations for the predicted Olema Pharmaceuticals price change compared to its average price change.About Olema Pharmaceuticals 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 Olema Pharmaceuticals 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 Olema Pharmaceuticals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Olema Pharmaceuticals price pattern first instead of the macroeconomic environment surrounding Olema Pharmaceuticals. By analyzing Olema Pharmaceuticals'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 Olema Pharmaceuticals'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 Olema Pharmaceuticals specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Current Ratio | 31.85 | 12.62 | 12.33 | 11.71 | Net Debt To EBITDA | 4.09 | 0.2 | 0.63 | 0.6 |
Olema Pharmaceuticals December 4, 2024 Technical Indicators
Most technical analysis of Olema 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 Olema from various momentum indicators to cycle indicators. When you analyze Olema 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.07) | |||
| Mean Deviation | 2.88 | |||
| Coefficient Of Variation | (2,376) | |||
| Standard Deviation | 4.04 | |||
| Variance | 16.29 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.73) | |||
| Treynor Ratio | (0.08) | |||
| Maximum Drawdown | 19.19 | |||
| Value At Risk | (5.89) | |||
| Potential Upside | 6.17 | |||
| Skewness | (0.01) | |||
| Kurtosis | 1.47 |
Complementary Tools for Olema Stock analysis
When running Olema Pharmaceuticals' price analysis, check to measure Olema Pharmaceuticals' 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 Olema Pharmaceuticals is operating at the current time. Most of Olema Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Olema Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olema Pharmaceuticals' price. Additionally, you may evaluate how the addition of Olema Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.
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