Ocean Power Technologies Stock Buy Hold or Sell Recommendation
| OPTT Stock | USD 0.59 0.04 7.13% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Ocean Power Technologies is 'Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Ocean Power Technologies given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Ocean Power Technologies, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Ocean Power 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. Note, we conduct extensive research on individual companies such as Ocean and provide practical buy, sell, or hold advice based on investors' constraints. Ocean Power Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Ocean |
Execute Ocean Power Buy or Sell Advice
The Ocean recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ocean Power Technologies. Macroaxis does not own or have any residual interests in Ocean Power Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ocean Power's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Ocean Power Trading Alerts and Improvement Suggestions
| Ocean Power is way too risky over 90 days horizon | |
| Ocean Power has some characteristics of a very speculative penny stock | |
| Ocean Power appears to be risky and price may revert if volatility continues | |
| Ocean Power has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 5.53 M. Net Loss for the year was (27.48 M) with loss before overhead, payroll, taxes, and interest of (101 K). | |
| Ocean Power Technologies currently holds about 51.9 M in cash with (29.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.94, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Ocean Power has a frail financial position based on the latest SEC disclosures | |
| Latest headline from MacroaxisInsider: Disposition of 5967 shares by Matthew Burdyny of Ocean Power at 0.66 subject to Rule 16b-3 |
Ocean Power Returns Distribution Density
The distribution of Ocean Power's historical returns is an attempt to chart the uncertainty of Ocean Power's future price movements. The chart of the probability distribution of Ocean Power daily returns describes the distribution of returns around its average expected value. We use Ocean Power Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ocean Power returns is essential to provide solid investment advice for Ocean Power.
| Mean Return | 3.83 | Value At Risk | -12.5 | Potential Upside | 40.00 | Standard Deviation | 19.34 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ocean Power 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.
Ocean Stock Institutional Investors
The Ocean Power's institutional investors refer to entities that pool money to purchase Ocean Power's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Synovus Financial Corp | 2024-12-31 | 50.5 K | Jane Street Group Llc | 2024-12-31 | 41 K | Penbrook Management Llc | 2024-12-31 | 31.5 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 31.2 K | Xtx Topco Ltd | 2024-12-31 | 28.7 K | Bank Of New York Mellon Corp | 2024-12-31 | 25.8 K | Lpl Financial Corp | 2024-12-31 | 25.1 K | Commonwealth Equity Services Inc | 2024-12-31 | 20.4 K | Townsquare Capital Llc | 2024-09-30 | 16 K | Vanguard Group Inc | 2024-12-31 | 3.2 M | Susquehanna International Group, Llp | 2024-12-31 | 2 M |
Ocean Power Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 72.7M | (75.3M) | (1.3M) | (3.8M) | (3.4M) | (3.2M) | |
| Free Cash Flow | (11.7M) | (21.4M) | (22.7M) | (32.3M) | (29.1M) | (27.7M) | |
| Depreciation | 372K | 515K | 637K | 1.2M | 1.3M | 1.4M | |
| Other Non Cash Items | (13K) | (674K) | 407K | (154K) | (138.6K) | (131.7K) | |
| Capital Expenditures | 26K | 145K | 1.0M | 2.6M | 3.0M | 3.1M | |
| Net Income | (14.8M) | (18.9M) | (26.3M) | (27.5M) | (24.7M) | (23.5M) | |
| End Period Cash Flow | 83.6M | 8.4M | 7.1M | 3.3M | 3.0M | 2.8M | |
| Change To Inventory | 1.9M | (292K) | (602K) | (3.8M) | (4.4M) | (4.6M) | |
| Investments | 74K | (49.4M) | 21.5M | 25.5M | 22.9M | 24.1M | |
| Change Receivables | 108K | (42K) | (245K) | (262K) | (301.3K) | (286.2K) | |
| Change To Netincome | 145K | 768K | 58K | 2.3M | 2.6M | 2.7M |
Ocean Power 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 Ocean Power or Electrical 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 Ocean Power'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 Ocean 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 | 3.84 | |
β | Beta against Dow Jones | 3.31 | |
σ | Overall volatility | 18.04 | |
Ir | Information ratio | 0.20 |
Ocean Power Volatility Alert
Ocean Power Technologies is showing large volatility of returns over the selected time horizon. Ocean Power Technologies is a potential penny stock. Although Ocean Power may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Ocean Power Technologies. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Ocean instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Ocean Power Fundamentals Vs Peers
Comparing Ocean Power'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 Ocean Power's direct or indirect competition across all of the common fundamentals between Ocean Power and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ocean Power or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ocean Power's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ocean Power by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Ocean Power to competition |
| Fundamentals | Ocean Power | Peer Average |
| Return On Equity | -0.82 | -0.31 |
| Return On Asset | -0.44 | -0.14 |
| Operating Margin | (3.44) % | (5.51) % |
| Current Valuation | 92.4 M | 16.62 B |
| Shares Outstanding | 146.04 M | 571.82 M |
| Shares Owned By Insiders | 2.92 % | 10.09 % |
| Shares Owned By Institutions | 3.41 % | 39.21 % |
| Number Of Shares Shorted | 3.98 M | 4.71 M |
| Price To Earning | (0.59) X | 28.72 X |
| Price To Book | 4.17 X | 9.51 X |
| Price To Sales | 13.25 X | 11.42 X |
| Revenue | 5.53 M | 9.43 B |
| Gross Profit | (101 K) | 27.38 B |
| EBITDA | (28.24 M) | 3.9 B |
| Net Income | (27.48 M) | 570.98 M |
| Cash And Equivalents | 51.9 M | 2.7 B |
| Cash Per Share | 0.94 X | 5.01 X |
| Total Debt | 2.57 M | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 16.79 X | 2.16 X |
| Book Value Per Share | 0.32 X | 1.93 K |
| Cash Flow From Operations | (29.76 M) | 971.22 M |
| Short Ratio | 0.38 X | 4.00 X |
| Earnings Per Share | (0.32) X | 3.12 X |
| Target Price | 6.0 | |
| Number Of Employees | 43 | 18.84 K |
| Beta | 2.19 | -0.15 |
| Market Capitalization | 46.31 M | 19.03 B |
| Total Asset | 28.7 M | 29.47 B |
| Retained Earnings | (307.58 M) | 9.33 B |
| Working Capital | 3.18 M | 1.48 B |
| Current Asset | 9.76 M | 9.34 B |
| Current Liabilities | 6.17 M | 7.9 B |
Note: Disposition of 5967 shares by Matthew Burdyny of Ocean Power at 0.66 subject to Rule 16b-3 [view details]
Ocean Power Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ocean . 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.
| Accumulation Distribution | 378828.0 | |||
| Daily Balance Of Power | (0.50) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 0.63 | |||
| Day Typical Price | 0.61 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.04) | |||
| Relative Strength Index | 46.09 |
About Ocean Power Buy or Sell Advice
When is the right time to buy or sell Ocean Power Technologies? Buying financial instruments such as Ocean 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.
Use Investing Ideas to Build Portfolios
In addition to having Ocean Power in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Small Value Funds Thematic Idea Now
Small Value Funds
Funds or Etfs that invest in the undervalued stocks of small to mid-sized companies. The Small Value Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Value Funds Theme or any other thematic opportunities.
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Additional Tools for Ocean Stock Analysis
When running Ocean Power's price analysis, check to measure Ocean Power'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 Ocean Power is operating at the current time. Most of Ocean Power's value examination focuses on studying past and present price action to predict the probability of Ocean Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Power's price. Additionally, you may evaluate how the addition of Ocean Power to your portfolios can decrease your overall portfolio volatility.