Otovo AS (Norway) Buy Hold or Sell Recommendation
| OTOVO Stock | NOK 1.59 0.17 11.97% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Otovo AS is 'Strong Sell'. The recommendation algorithm takes into account all of Otovo AS's available fundamental, technical, and predictive indicators you will find on this site.
Check out Otovo AS 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. In addition, we conduct extensive research on individual companies such as Otovo and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Otovo AS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Otovo |
Execute Otovo AS Buy or Sell Advice
The Otovo recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Otovo AS. Macroaxis does not own or have any residual interests in Otovo AS or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Otovo AS's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Otovo AS Trading Alerts and Improvement Suggestions
| Otovo AS is way too risky over 90 days horizon | |
| Otovo AS may become a speculative penny stock | |
| Otovo AS appears to be risky and price may revert if volatility continues | |
| Otovo AS has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 289.4 M. Net Loss for the year was (153.61 M) with profit before overhead, payroll, taxes, and interest of 129.11 M. | |
| Otovo AS has accumulated about 224.19 M in cash with (136.02 M) of positive cash flow from operations. | |
| Roughly 45.0% of the company outstanding shares are owned by corporate insiders |
Otovo AS Returns Distribution Density
The distribution of Otovo AS's historical returns is an attempt to chart the uncertainty of Otovo AS's future price movements. The chart of the probability distribution of Otovo AS daily returns describes the distribution of returns around its average expected value. We use Otovo AS price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Otovo AS returns is essential to provide solid investment advice for Otovo AS.
| Mean Return | 1.26 | Value At Risk | -6.04 | Potential Upside | 11.49 | Standard Deviation | 13.63 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Otovo AS 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.
Otovo AS 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 Otovo AS or Utilities 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 Otovo AS'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 Otovo 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 | 0.98 | |
β | Beta against Dow Jones | -2.56 | |
σ | Overall volatility | 14.26 | |
Ir | Information ratio | 0.10 |
Otovo AS Volatility Alert
Otovo AS is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Otovo AS'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 Otovo AS'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.Otovo AS Fundamentals Vs Peers
Comparing Otovo AS'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 Otovo AS's direct or indirect competition across all of the common fundamentals between Otovo AS and the related equities. This way, we can detect undervalued stocks with similar characteristics as Otovo AS or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Otovo AS's fundamental indicators could also be used in its relative valuation, which is a method of valuing Otovo AS by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Otovo AS to competition |
| Fundamentals | Otovo AS | Peer Average |
| Return On Equity | -0.59 | -0.31 |
| Return On Asset | -0.25 | -0.14 |
| Profit Margin | (0.47) % | (1.27) % |
| Operating Margin | (0.49) % | (5.51) % |
| Current Valuation | 2.5 B | 16.62 B |
| Shares Outstanding | 148.58 M | 571.82 M |
| Shares Owned By Insiders | 45.29 % | 10.09 % |
| Shares Owned By Institutions | 27.13 % | 39.21 % |
| Price To Book | 4.35 X | 9.51 X |
| Price To Sales | 4.89 X | 11.42 X |
| Revenue | 289.4 M | 9.43 B |
| Gross Profit | 129.11 M | 27.38 B |
| EBITDA | (131.57 M) | 3.9 B |
| Net Income | (153.61 M) | 570.98 M |
| Cash And Equivalents | 224.19 M | 2.7 B |
| Total Debt | 12.97 M | 5.32 B |
| Debt To Equity | 0.02 % | 48.70 % |
| Book Value Per Share | 3.85 X | 1.93 K |
| Cash Flow From Operations | (136.02 M) | 971.22 M |
| Earnings Per Share | (1.88) X | 3.12 X |
| Target Price | 34.67 | |
| Number Of Employees | 9 | 18.84 K |
| Beta | 0.82 | -0.15 |
| Market Capitalization | 2.41 B | 19.03 B |
| Total Asset | 662.27 M | 29.47 B |
| Net Asset | 662.27 M |
Otovo AS Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Otovo . 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 Otovo AS Buy or Sell Advice
When is the right time to buy or sell Otovo AS? Buying financial instruments such as Otovo 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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Other Information on Investing in Otovo Stock
Otovo AS financial ratios help investors to determine whether Otovo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Otovo with respect to the benefits of owning Otovo AS security.