OCUP Financial Statements From 2010 to 2025
| OCUPDelisted Stock | USD 1.13 0.06 5.04% |
Check OCUP Old financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OCUP Old's main balance sheet or income statement drivers, such as , as well as many indicators such as . OCUP financial statements analysis is a perfect complement when working with OCUP Old Valuation or Volatility modules.
OCUP |
OCUP Old Company Return On Equity Analysis
OCUP Old's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current OCUP Old Return On Equity | -0.36 |
Most of OCUP Old's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, OCUP Old is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, OCUP Old has a Return On Equity of -0.3601. This is 98.5% lower than that of the Biotechnology sector and 99.01% lower than that of the Health Care industry. The return on equity for all United States stocks is 16.16% higher than that of the company.
OCUP Old Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining OCUP Old's current stock value. Our valuation model uses many indicators to compare OCUP Old value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across OCUP Old competition to find correlations between indicators driving OCUP Old's intrinsic value. More Info.OCUP Old is considered to be number one stock in return on equity category among its peers. It is regarded third in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value OCUP Old by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About OCUP Old Financial Statements
OCUP Old shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although OCUP Old investors may analyze each financial statement separately, they are all interrelated. The changes in OCUP Old's assets and liabilities, for example, are also reflected in the revenues and expenses on on OCUP Old's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Ocuphire Pharma, Inc., a clinical-stage ophthalmic biopharmaceutical company, focuses on developing and commercializing therapies for the treatment of refractive and retinal eye disorders. Ocuphire Pharma, Inc. is headquartered in Farmington Hills, Michigan. Ocuphire Pharma operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 8 people.
Pair Trading with OCUP Old
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OCUP Old position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OCUP Old will appreciate offsetting losses from the drop in the long position's value.Moving against OCUP Stock
| 0.73 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.68 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.66 | HNRC | Houston Natural Resources | PairCorr |
| 0.55 | WMT | Walmart | PairCorr |
| 0.54 | DIS | Walt Disney | PairCorr |
The ability to find closely correlated positions to OCUP Old could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OCUP Old when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OCUP Old - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OCUP Old to buy it.
The correlation of OCUP Old is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OCUP Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OCUP Old moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for OCUP Old can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Other Consideration for investing in OCUP Stock
If you are still planning to invest in OCUP Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the OCUP Old's history and understand the potential risks before investing.
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