Oddity Tech Reports Record Third Quarter Results, Raises Outlook
ODD Stock | 48.69 0.86 1.74% |
About 56% of ODDITY Tech's investor base is looking to short. The analysis of overall sentiment of trading ODDITY Tech Ltd stock suggests that many investors are alarmed at this time. The current market sentiment, together with ODDITY Tech's historical and current headlines, can help investors time the market. In addition, many technical investors use ODDITY Tech stock news signals to limit their universe of possible portfolio assets.
ODDITY |
Record third quarter net revenue of 119 million, up 26 percent year-over-yearRecord third quarter adjusted EBITDA of 25 millionRecord third quarter net income of 18 million, up 362 percent year-over-year, and record third quarter adjusted net income of 20 million, up 53 percent year-over-yearRecord nine-month net revenue of 523 million, up 27 percent year-over-yearRecord nine-month adjusted EBITDA of 135 millionRecord nine-month net operating cash flow of 122 million and free cash flow of 119 million NEW YORK, Nov.
Read at finance.yahoo.com
ODDITY Tech Current Investor Sentiment
Panic Vs Confidence
44
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use ODDITY Tech's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward ODDITY Tech Ltd.
News SentimentBullish | Hype SentimentBearish | Insider SentimentWaiting |
ODDITY Tech Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards ODDITY Tech 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.
ODDITY Tech Historical Investor Sentiment
Investor biases related to ODDITY Tech's public news can be used to forecast risks associated with an investment in ODDITY. The trend in average sentiment can be used to explain how an investor holding ODDITY can time the market purely based on public headlines and social activities around ODDITY Tech Ltd. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ODDITY Tech's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ODDITY Tech and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average ODDITY Tech news discussions. The higher the estimate score, the more favorable the investor's outlook on ODDITY Tech.
ODDITY Tech Fundamental Analysis
We analyze ODDITY Tech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ODDITY Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ODDITY Tech 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.
Total Asset
Total Asset Comparative Analysis
ODDITY Tech is currently under evaluation in total asset category among its peers. 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.
ODDITY Tech 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 ODDITY Tech stock to make a market-neutral strategy. Peer analysis of ODDITY Tech could also be used in its relative valuation, which is a method of valuing ODDITY Tech by comparing valuation metrics with similar companies.
Peers
ODDITY Tech Related Equities
TSLA | Tesla | 2.87 | ||||
VC | Visteon Corp | 0.96 | ||||
BWA | BorgWarner | 0.90 | ||||
MPX | Marine Products | 0.72 | ||||
CARS | Cars | 0.21 | ||||
AXL | American Axle | 0.15 | ||||
RIVN | Rivian Automotive | 2.70 |
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When running ODDITY Tech's price analysis, check to measure ODDITY Tech'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 ODDITY Tech is operating at the current time. Most of ODDITY Tech's value examination focuses on studying past and present price action to predict the probability of ODDITY Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ODDITY Tech's price. Additionally, you may evaluate how the addition of ODDITY Tech to your portfolios can decrease your overall portfolio volatility.
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