Olo Inc Etf Fundamentals
| OLO Etf | USD 6.43 0.09 1.38% |
Olo Inc fundamentals help investors to digest information that contributes to Olo's financial success or failures. It also enables traders to predict the movement of Olo Etf. The fundamental analysis module provides a way to measure Olo'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 Olo etf.
Olo |
Olo Inc ETF Price To Earning Analysis
Olo's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Olo Price To Earning | 34.71 X |
Most of Olo's fundamental indicators, such as Price To Earning, 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, Olo Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Olo Inc has a Price To Earning of 34.71 times. This is much higher than that of the Software family and significantly higher than that of the Information Technology category. The price to earning for all United States etfs is notably lower than that of the firm.
Olo Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Olo's current stock value. Our valuation model uses many indicators to compare Olo value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Olo competition to find correlations between indicators driving Olo's intrinsic value. More Info.Olo Inc is regarded second largest ETF in price to earning as compared to similar ETFs. It is rated below average in price to book as compared to similar ETFs fabricating about 0.05 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Olo Inc is roughly 21.81 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Olo's earnings, one of the primary drivers of an investment's value.Olo Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Olo's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Olo could also be used in its relative valuation, which is a method of valuing Olo by comparing valuation metrics of similar companies.Olo is currently under evaluation in price to earning as compared to similar ETFs.
Olo Fundamentals
| Return On Equity | -0.0013 | ||||
| Return On Asset | -0.0237 | ||||
| Profit Margin | (0) % | ||||
| Operating Margin | (0.08) % | ||||
| Current Valuation | 740.66 M | ||||
| Shares Outstanding | 115.71 M | ||||
| Shares Owned By Insiders | 2.85 % | ||||
| Shares Owned By Institutions | 85.78 % | ||||
| Number Of Shares Shorted | 3.25 M | ||||
| Price To Earning | 34.71 X | ||||
| Price To Book | 1.59 X | ||||
| Price To Sales | 3.82 X | ||||
| Revenue | 284.94 M | ||||
| Gross Profit | 156.42 M | ||||
| EBITDA | 14.61 M | ||||
| Net Income | (897 K) | ||||
| Cash And Equivalents | 350.07 M | ||||
| Cash Per Share | 2.85 X | ||||
| Total Debt | 13.98 M | ||||
| Debt To Equity | 0.03 % | ||||
| Current Ratio | 9.75 X | ||||
| Book Value Per Share | 4.12 X | ||||
| Cash Flow From Operations | 39.69 M | ||||
| Short Ratio | 2.55 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Target Price | 8.9 | ||||
| Number Of Employees | 617 | ||||
| Beta | 1.42 | ||||
| Market Capitalization | 1.09 B | ||||
| Total Asset | 754.78 M | ||||
| Retained Earnings | (216.73 M) | ||||
| Working Capital | 388.73 M | ||||
| One Year Return | (11.43) % | ||||
| Three Year Return | 6.27 % | ||||
| Five Year Return | (18.91) % | ||||
| Ten Year Return | (7.63) % | ||||
| Net Asset | 754.78 M |
About Olo Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Olo Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Olo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Olo Inc based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Olo Inc. provides software-as-a-service platform for multi-location restaurants in the United States. Olo Inc is listed under SoftwareApplication in the United States and is traded on New York Stock Exchange exchange.
Pair Trading with Olo
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 Olo 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 Olo will appreciate offsetting losses from the drop in the long position's value.Moving together with Olo Etf
Moving against Olo Etf
| 0.46 | DOMO | Domo Inc | PairCorr |
| 0.39 | QH | Quhuo | PairCorr |
| 0.35 | ML | MoneyLion | PairCorr |
| 0.34 | ZI | ZoomInfo Technologies | PairCorr |
The ability to find closely correlated positions to Olo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Olo 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 Olo - 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 Olo Inc to buy it.
The correlation of Olo 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 Olo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Olo 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 Olo 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.Other Information on Investing in Olo Etf
Olo financial ratios help investors to determine whether Olo Etf 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 Olo with respect to the benefits of owning Olo security.