Optical Cable Stock Performance
| OCC Stock | USD 4.04 0.05 1.22% |
Optical Cable holds a performance score of 11 on a scale of zero to a hundred. The company holds a Beta of 2.1, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Optical Cable will likely underperform. Use Optical Cable skewness, day typical price, and the relationship between the downside variance and daily balance of power , to analyze future returns on Optical Cable.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Optical Cable are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of rather inconsistent fundamental indicators, Optical Cable exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (1.22) | Five Day Return (4.49) | Year To Date Return (7.13) | Ten Year Return (19.68) | All Time Return (74.75) |
Last Split Factor 1:8 | Dividend Date 2015-11-20 | Ex Dividend Date 2015-10-28 | Last Split Date 2002-07-31 |
1 | Disposition of 100 shares by Frazier Randall H of Optical Cable at 4.03 subject to Rule 16b-3 | 12/06/2024 |
2 | Acquisition by Weber Craig H of 6072 shares of Optical Cable subject to Rule 16b-3 | 01/10/2025 |
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| Begin Period Cash Flow | 1.5 M |
Optical |
Optical Cable Relative Risk vs. Return Landscape
If you would invest 215.00 in Optical Cable on December 1, 2024 and sell it today you would earn a total of 189.00 from holding Optical Cable or generate 87.91% return on investment over 90 days. Optical Cable is generating 1.4749% of daily returns assuming volatility of 10.1344% on return distribution over 90 days investment horizon. In other words, 90% of stocks are less volatile than Optical, and above 71% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Optical Cable Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Optical Cable's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Optical Cable, and traders can use it to determine the average amount a Optical Cable's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1455
| Best Portfolio | Best Equity | |||
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| Average Returns | OCC | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 10.13 actual daily | 90 90% of assets are less volatile |
Expected Return
| 1.47 actual daily | 29 71% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Optical Cable is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Optical Cable by adding it to a well-diversified portfolio.
Optical Cable Fundamentals Growth
Optical Stock prices reflect investors' perceptions of the future prospects and financial health of Optical Cable, and Optical Cable fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Optical Stock performance.
| Return On Equity | -0.25 | ||||
| Return On Asset | -0.0801 | ||||
| Profit Margin | (0.09) % | ||||
| Operating Margin | (0.08) % | ||||
| Current Valuation | 44.33 M | ||||
| Shares Outstanding | 8.22 M | ||||
| Price To Earning | 4.40 X | ||||
| Price To Book | 1.61 X | ||||
| Price To Sales | 0.50 X | ||||
| Revenue | 66.67 M | ||||
| Gross Profit | 20.51 M | ||||
| EBITDA | (2.16 M) | ||||
| Net Income | (4.21 M) | ||||
| Cash And Equivalents | 192.29 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 10.95 M | ||||
| Debt To Equity | 0.55 % | ||||
| Current Ratio | 4.16 X | ||||
| Book Value Per Share | 2.58 X | ||||
| Cash Flow From Operations | (857.02 K) | ||||
| Earnings Per Share | (0.75) X | ||||
| Market Capitalization | 19.52 M | ||||
| Total Asset | 40.36 M | ||||
| Retained Earnings | 5.38 M | ||||
| Working Capital | 15.46 M | ||||
| Current Asset | 26.32 M | ||||
| Current Liabilities | 4.13 M | ||||
About Optical Cable Performance
By analyzing Optical Cable's fundamental ratios, stakeholders can gain valuable insights into Optical Cable's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Optical Cable has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Optical Cable has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 126.91 | 100.67 | |
| Return On Tangible Assets | (0.11) | (0.12) | |
| Return On Capital Employed | (0.13) | (0.15) | |
| Return On Assets | (0.12) | (0.11) | |
| Return On Equity | (0.23) | (0.22) |
Things to note about Optical Cable performance evaluation
Checking the ongoing alerts about Optical Cable for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Optical Cable help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Optical Cable is way too risky over 90 days horizon | |
| Optical Cable appears to be risky and price may revert if volatility continues | |
| The company reported the last year's revenue of 66.67 M. Reported Net Loss for the year was (4.21 M) with profit before taxes, overhead, and interest of 20.51 M. | |
| Optical Cable has about 192.29 K in cash with (857.02 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from deadline.com: Comcasts Cable SpinCo Is Scouting Space For New Manhattan Headquarters, Closing In On Name As Separation Takes Shape |
- Analyzing Optical Cable's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Optical Cable's stock is overvalued or undervalued compared to its peers.
- Examining Optical Cable's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Optical Cable's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Optical Cable's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Optical Cable's stock. These opinions can provide insight into Optical Cable's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Optical Stock analysis
When running Optical Cable's price analysis, check to measure Optical Cable'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 Optical Cable is operating at the current time. Most of Optical Cable's value examination focuses on studying past and present price action to predict the probability of Optical Cable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optical Cable's price. Additionally, you may evaluate how the addition of Optical Cable to your portfolios can decrease your overall portfolio volatility.
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