Acquisition by Matthew Foehr of 240000 shares of OmniAb at 4.416 subject to Rule 16b-3

OABI Stock  USD 3.79  0.21  5.25%   
Under 54% of OmniAb's investor base is interested to short. The analysis of the overall investor sentiment regarding OmniAb Inc suggests that many traders are impartial. OmniAb's investing sentiment shows overall attitude of investors towards OmniAb Inc.
  
Filed transaction by OmniAb Inc Director, Officer: President And Ceo. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Read at macroaxis.com
Acquisition of 240000 common stock at 4.416 of OmniAb by Matthew Foehr on 24th of May 2024. This event was filed by OmniAb Inc with SEC on 2024-05-24. Statement of changes in beneficial ownership - SEC Form 4

Cash Flow Correlation

OmniAb's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the OmniAb's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
Click cells to compare fundamentals

OmniAb Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards OmniAb can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

OmniAb Fundamental Analysis

We analyze OmniAb's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OmniAb using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OmniAb based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.

Beta

Beta Comparative Analysis

OmniAb is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

OmniAb Inc Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with OmniAb stock to make a market-neutral strategy. Peer analysis of OmniAb could also be used in its relative valuation, which is a method of valuing OmniAb by comparing valuation metrics with similar companies.

Peers

OmniAb Related Equities

EWTXEdgewise Therapeutics   18.36   
0%
100.0%
IDYAIdeaya Biosciences   3.41   
0%
18.0%
KROSKeros Therapeutics   3.13   
0%
17.0%
VRNAVerona Pharma   3.04   
0%
16.0%
VORVor Biopharma   3.03   
0%
16.0%
ITOSIteos Therapeutics   1.17   
0%
6.0%
CGEMCullinan Oncology   0.43   
0%
2.0%
ACETAdicet Bio   1.03   
5.0%
0%
PMVPPmv Pharmaceuticals   1.27   
6.0%
0%
IPSCCentury Therapeutics   2.40   
13.0%
0%
IKNAIkena Oncology   2.42   
13.0%
0%
ERASErasca   2.66   
14.0%
0%
GLUEMonte Rosa   2.95   
16.0%
0%
OLMAOlema Pharmaceuticals   4.59   
25.0%
0%
PASGPassage Bio   5.26   
28.0%
0%
LEGNLegend Biotech   6.01   
32.0%
0%
BCABBioatla   6.90   
37.0%
0%

Complementary Tools for OmniAb Stock analysis

When running OmniAb's price analysis, check to measure OmniAb'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 OmniAb is operating at the current time. Most of OmniAb's value examination focuses on studying past and present price action to predict the probability of OmniAb's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OmniAb's price. Additionally, you may evaluate how the addition of OmniAb to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals