Optiva Inc Stock Performance

RKNEF Stock  USD 3.06  0.60  16.39%   
The company holds a Beta of 1.7, 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, Optiva will likely underperform. Optiva Inc right now holds a risk of 11.31%. Please check Optiva Inc value at risk, kurtosis, period momentum indicator, as well as the relationship between the semi variance and day median price , to decide if Optiva Inc will be following its historical price patterns.

Risk-Adjusted Performance

Very Weak

 
Weak
 
Strong
Over the last 90 days Optiva Inc has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical and fundamental indicators, Optiva is not utilizing all of its potentials. The recent stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Begin Period Cash Flow17.7 M
Total Cashflows From Investing Activities-1.2 M
  

Optiva Relative Risk vs. Return Landscape

If you would invest  450.00  in Optiva Inc on December 2, 2024 and sell it today you would lose (144.00) from holding Optiva Inc or give up 32.0% of portfolio value over 90 days. Optiva Inc is currently producing 0.0628% returns and takes up 11.3076% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Optiva, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Optiva is expected to generate 15.2 times more return on investment than the market. However, the company is 15.2 times more volatile than its market benchmark. It trades about 0.01 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.04 per unit of risk.

Optiva Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Optiva's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Optiva Inc, and traders can use it to determine the average amount a Optiva'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 = 0.0056

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskRKNEF
Negative Returns

Estimated Market Risk

 11.31
  actual daily
96
96% of assets are less volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Optiva is not performing at its full potential. However, 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 Optiva by adding Optiva to a well-diversified portfolio.

Optiva Fundamentals Growth

Optiva Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Optiva, and Optiva 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 Optiva Pink Sheet performance.

About Optiva Performance

By analyzing Optiva's fundamental ratios, stakeholders can gain valuable insights into Optiva's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Optiva 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 Optiva has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Optiva Inc. provides cloud-native monetization and revenue management software to communication service providers in Europe, the Middle East, Africa, North America, Latin America, the Caribbean, Asia, and the Pacific Rim. The company was founded in 1999 and is headquartered in Mississauga, Canada. OPTIVA INC operates under SoftwareInfrastructure classification in the United States and is traded on OTC Exchange. It employs 374 people.

Things to note about Optiva Inc performance evaluation

Checking the ongoing alerts about Optiva for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Optiva Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Optiva Inc had very high historical volatility over the last 90 days
Optiva Inc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Over 77.0% of the company shares are owned by institutional investors
Evaluating Optiva's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Optiva's pink sheet performance include:
  • Analyzing Optiva'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 Optiva's stock is overvalued or undervalued compared to its peers.
  • Examining Optiva'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 Optiva's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Optiva's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Optiva's pink sheet. These opinions can provide insight into Optiva's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Optiva's pink sheet performance is not an exact science, and many factors can impact Optiva's pink sheet market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for Optiva Pink Sheet analysis

When running Optiva's price analysis, check to measure Optiva'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 Optiva is operating at the current time. Most of Optiva's value examination focuses on studying past and present price action to predict the probability of Optiva's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optiva's price. Additionally, you may evaluate how the addition of Optiva to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk