Old Point Financial Stock Technical Analysis

OPOF Stock  USD 18.25  0.75  4.29%   
As of the 24th of September, Old Point holds the Risk Adjusted Performance of 0.1333, coefficient of variation of 635.9, and Semi Deviation of 1.5. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Old Point, as well as the relationship between them. Please check Old Point Financial treynor ratio, and the relationship between the standard deviation and downside variance to decide if Old Point Financial is priced some-what accurately, providing market reflects its current price of 18.25 per share. Given that Old Point has jensen alpha of 0.3002, we recommend you to check out Old Point Financial's recent market performance to make sure the company can sustain itself at a future point.

Old Point Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Old, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Old
  
Old Point'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.
Old Point 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 Old Point technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Old Point 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...

Old Point Financial Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Old Point Financial volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Old Point Financial Trend Analysis

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

Old Point Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Old Point Financial applied against its price change over selected period. The best fit line has a slop of   0.06  , which means Old Point Financial will continue generating value for investors. It has 122 observation points and a regression sum of squares at 117.89, which is the sum of squared deviations for the predicted Old Point price change compared to its average price change.

About Old Point 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 Old Point Financial 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 Old Point Financial based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Old Point Financial price pattern first instead of the macroeconomic environment surrounding Old Point Financial. By analyzing Old Point'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 Old Point'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 Old Point specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02140.01930.03130.0238
Price To Sales Ratio2.282.461.121.07

Old Point September 24, 2024 Technical Indicators

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

Old Point September 24, 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 Old 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.

Complementary Tools for Old Stock analysis

When running Old Point's price analysis, check to measure Old Point'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 Old Point is operating at the current time. Most of Old Point's value examination focuses on studying past and present price action to predict the probability of Old Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Old Point's price. Additionally, you may evaluate how the addition of Old Point to your portfolios can decrease your overall portfolio volatility.
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