Optical Cable Stock Buy Hold or Sell Recommendation
| OCC Stock | USD 2.33 0.02 0.85% |
Considering the 90-day investment horizon and your way above-average risk tolerance, our recommendation regarding Optical Cable is 'Sell'. Macroaxis provides Optical Cable buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OCC positions.
Check out Optical Cable Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide. In addition, we conduct extensive research on individual companies such as Optical and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Optical Cable. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Optical |
Execute Optical Cable Buy or Sell Advice
The Optical recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Optical Cable. Macroaxis does not own or have any residual interests in Optical Cable or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Optical Cable's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Optical Cable Trading Alerts and Improvement Suggestions
| Optical Cable generated a negative expected return over the last 90 days | |
| Optical Cable has about 192.29 K in cash with (395.68 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Optical Cable has a poor financial position based on the latest SEC disclosures | |
| Roughly 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from oilprice.com: Why the Latest Baltic Sea Cable Evidence Has Wider Implications |
Optical Cable Returns Distribution Density
The distribution of Optical Cable's historical returns is an attempt to chart the uncertainty of Optical Cable's future price movements. The chart of the probability distribution of Optical Cable daily returns describes the distribution of returns around its average expected value. We use Optical Cable price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Optical Cable returns is essential to provide solid investment advice for Optical Cable.
| Mean Return | -0.18 | Value At Risk | -4.4 | Potential Upside | 4.85 | Standard Deviation | 2.55 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Optical Cable historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Optical Stock Institutional Investors
| Shares | Hilltop Holdings Inc | 2024-06-30 | 15.3 K | Blackrock Inc | 2024-06-30 | 10.8 K | Tower Research Capital Llc | 2024-06-30 | 3.4 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.4 K | Wells Fargo & Co | 2024-06-30 | 1000 | Bank Of America Corp | 2024-06-30 | 45.0 | Advisor Group Holdings, Inc. | 2024-06-30 | 25.0 | Jpmorgan Chase & Co | 2024-06-30 | 13.0 | Fmr Inc | 2024-09-30 | 0.0 | Dimensional Fund Advisors, Inc. | 2024-09-30 | 308.8 K | Vanguard Group Inc | 2024-09-30 | 223.3 K |
Optical Cable Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 995.9K | 796.0K | (3.1M) | (4.3M) | (3.9M) | (3.7M) | |
| Change In Cash | (396.5K) | (8.6K) | 83.7K | 1.3M | 1.1M | 1.2M | |
| Free Cash Flow | (3.7M) | 1.9M | (1.9M) | (918.5K) | (826.7K) | (785.3K) | |
| Depreciation | 1.4M | 1.2M | 1.1M | 946.5K | 1.1M | 1.7M | |
| Other Non Cash Items | 435.6K | (4.9M) | 30.4K | (2.2M) | (2.0M) | (1.9M) | |
| Capital Expenditures | 168.5K | 192.9K | 302.6K | 522.8K | 470.6K | 447.0K | |
| Net Income | (6.1M) | 6.6M | (347.1K) | 2.1M | 1.9M | 2.0M | |
| End Period Cash Flow | 140.8K | 132.2K | 215.9K | 1.5M | 1.3M | 1.3M | |
| Change To Netincome | 1.0M | 577.8K | (4.6M) | 442.4K | 398.1K | 483.0K | |
| Net Borrowings | 2.1M | 3.6M | (1.8M) | 2.2M | 2.5M | 2.6M | |
| Investments | (168.5K) | (192.9K) | (292.5K) | 1.4M | 1.6M | 1.7M |
Optical Cable Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Optical Cable or Communications Equipment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Optical Cable's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Optical stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.22 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 2.53 | |
Ir | Information ratio | -0.12 |
Optical Cable Volatility Alert
Optical Cable exhibits very low volatility with skewness of 0.45 and kurtosis of 0.35. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Optical Cable's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Optical Cable's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Optical Cable Fundamentals Vs Peers
Comparing Optical Cable's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Optical Cable's direct or indirect competition across all of the common fundamentals between Optical Cable and the related equities. This way, we can detect undervalued stocks with similar characteristics as Optical Cable or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Optical Cable's fundamental indicators could also be used in its relative valuation, which is a method of valuing Optical Cable by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Optical Cable to competition |
| Fundamentals | Optical Cable | Peer Average |
| Return On Equity | -0.25 | -0.31 |
| Return On Asset | -0.0801 | -0.14 |
| Profit Margin | (0.09) % | (1.27) % |
| Operating Margin | (0.08) % | (5.51) % |
| Current Valuation | 28.31 M | 16.62 B |
| Shares Outstanding | 8.22 M | 571.82 M |
| Shares Owned By Insiders | 34.63 % | 10.09 % |
| Shares Owned By Institutions | 16.45 % | 39.21 % |
| Number Of Shares Shorted | 10.23 K | 4.71 M |
| Price To Earning | 4.40 X | 28.72 X |
| Price To Book | 0.94 X | 9.51 X |
| Price To Sales | 0.30 X | 11.42 X |
| Revenue | 72.17 M | 9.43 B |
| Gross Profit | 20.51 M | 27.38 B |
| EBITDA | 4.31 M | 3.9 B |
| Net Income | 2.07 M | 570.98 M |
| Cash And Equivalents | 192.29 K | 2.7 B |
| Cash Per Share | 0.02 X | 5.01 X |
| Total Debt | 11 M | 5.32 B |
| Debt To Equity | 0.55 % | 48.70 % |
| Current Ratio | 4.16 X | 2.16 X |
| Book Value Per Share | 2.58 X | 1.93 K |
| Cash Flow From Operations | (395.68 K) | 971.22 M |
| Short Ratio | 1.83 X | 4.00 X |
| Earnings Per Share | (0.75) X | 3.12 X |
| Number Of Employees | 327 | 18.84 K |
| Beta | 0.47 | -0.15 |
| Market Capitalization | 19.52 M | 19.03 B |
| Total Asset | 43.88 M | 29.47 B |
| Retained Earnings | 9.59 M | 9.33 B |
| Working Capital | 27.27 M | 1.48 B |
| Current Asset | 26.32 M | 9.34 B |
| Current Liabilities | 4.13 M | 7.9 B |
Note: Disposition of 3000 shares by Neil Wilkin of Optical Cable at 3.4 subject to Rule 16b-3 [view details]
Optical Cable Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Optical . With many 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.
About Optical Cable Buy or Sell Advice
When is the right time to buy or sell Optical Cable? Buying financial instruments such as Optical Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Optical Cable Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Communications Equipment space 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 Optical Cable. If investors know Optical 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 Optical Cable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.75) | Revenue Per Share 8.284 | Quarterly Revenue Growth (0.04) | Return On Assets (0.08) | Return On Equity (0.25) |
The market value of Optical Cable is measured differently than its book value, which is the value of Optical that is recorded on the company's balance sheet. Investors also form their own opinion of Optical Cable's value that differs from its market value or its book value, called intrinsic value, which is Optical Cable'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 Optical Cable's market value can be influenced by many factors that don't directly affect Optical Cable'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 Optical Cable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Optical Cable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optical Cable'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.