Ocn Old Stock Total Asset
OCN Old fundamentals help investors to digest information that contributes to OCN Old's financial success or failures. It also enables traders to predict the movement of OCN Stock. The fundamental analysis module provides a way to measure OCN Old's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to OCN Old stock.
OCN |
OCN Old Company Total Asset Analysis
OCN Old's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current OCN Old Total Asset | 12.51 B |
Most of OCN Old's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, OCN Old is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
CompetitionBased on the latest financial disclosure, OCN Old has a Total Asset of 12.51 B. This is 94.91% lower than that of the Financial Services sector and significantly higher than that of the Financials industry. The total asset for all United States stocks is 57.53% higher than that of the company.
OCN Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses OCN Old's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of OCN Old could also be used in its relative valuation, which is a method of valuing OCN Old by comparing valuation metrics of similar companies.OCN Old is currently under evaluation in total asset category among its peers.
OCN Fundamentals
Return On Equity | 0.0156 | |||
Return On Asset | 0.0312 | |||
Profit Margin | 0.01 % | |||
Operating Margin | 0.56 % | |||
Current Valuation | 11.93 B | |||
Shares Outstanding | 7.81 M | |||
Shares Owned By Insiders | 20.95 % | |||
Shares Owned By Institutions | 51.00 % | |||
Number Of Shares Shorted | 41.6 K | |||
Price To Earning | 2.92 X | |||
Price To Book | 0.45 X | |||
Price To Sales | 0.17 X | |||
Revenue | 1.04 B | |||
Gross Profit | 889 M | |||
EBITDA | 404.5 M | |||
Net Income | (63.7 M) | |||
Cash And Equivalents | 269.01 M | |||
Cash Per Share | 30.92 X | |||
Total Debt | 11.43 B | |||
Current Ratio | 1.33 X | |||
Book Value Per Share | 55.51 X | |||
Cash Flow From Operations | (61.3 M) | |||
Short Ratio | 2.81 X | |||
Earnings Per Share | 0.74 X | |||
Price To Earnings To Growth | (1.40) X | |||
Target Price | 40.67 | |||
Number Of Employees | 4.4 K | |||
Beta | 1.93 | |||
Market Capitalization | 195.87 M | |||
Total Asset | 12.51 B | |||
Retained Earnings | (151.6 M) | |||
Working Capital | 9.57 B | |||
Net Asset | 12.51 B |
Pair Trading with OCN Old
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OCN Old position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OCN Old will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Intuit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intuit when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Intuit - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Intuit Inc to buy it.
The correlation of Intuit is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Intuit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intuit Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Intuit can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios. 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. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Other Consideration for investing in OCN Stock
If you are still planning to invest in OCN Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the OCN Old's history and understand the potential risks before investing.
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