Owlet Inc Stock Market Value
| OWLT Stock | USD 4.93 0.16 3.14% |
| Symbol | Owlet |
Owlet Inc Price To Book Ratio
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Owlet. If investors know Owlet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Owlet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.76) | Revenue Per Share 7.634 | Quarterly Revenue Growth 0.582 | Return On Assets (0.23) | Return On Equity (9.01) |
The market value of Owlet Inc is measured differently than its book value, which is the value of Owlet that is recorded on the company's balance sheet. Investors also form their own opinion of Owlet's value that differs from its market value or its book value, called intrinsic value, which is Owlet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Owlet's market value can be influenced by many factors that don't directly affect Owlet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Owlet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owlet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owlet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Owlet 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Owlet's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Owlet.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Owlet on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Owlet Inc or generate 0.0% return on investment in Owlet over 720 days. Owlet is related to or competes with Ainos, SurModics, LENSAR, IRIDEX, Rapid Micro, Bioventus, and Biomerica. Owlet, Inc. operates as a digital parenting platform in the United States More
Owlet Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Owlet's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Owlet Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.14 | |||
| Information Ratio | 0.0775 | |||
| Maximum Drawdown | 22.3 | |||
| Value At Risk | (7.74) | |||
| Potential Upside | 8.19 |
Owlet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Owlet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Owlet's standard deviation. In reality, there are many statistical measures that can use Owlet historical prices to predict the future Owlet's volatility.| Risk Adjusted Performance | 0.0812 | |||
| Jensen Alpha | 0.328 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0813 | |||
| Treynor Ratio | 0.3899 |
Owlet Inc Backtested Returns
Owlet appears to be slightly risky, given 3 months investment horizon. Owlet Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.0665, which implies the firm had a 0.0665% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Owlet Inc, which you can use to evaluate the volatility of the company. Please evaluate Owlet's Risk Adjusted Performance of 0.0812, semi deviation of 3.82, and Coefficient Of Variation of 994.99 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Owlet holds a performance score of 5. The company holds a Beta of 1.09, which implies a somewhat significant risk relative to the market. Owlet returns are very sensitive to returns on the market. As the market goes up or down, Owlet is expected to follow. Please check Owlet's maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Owlet's historical price patterns will revert.
Auto-correlation | 0.69 |
Good predictability
Owlet Inc has good predictability. Overlapping area represents the amount of predictability between Owlet time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Owlet Inc price movement. The serial correlation of 0.69 indicates that around 69.0% of current Owlet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
Owlet Inc lagged returns against current returns
Autocorrelation, which is Owlet stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Owlet's stock expected returns. We can calculate the autocorrelation of Owlet returns to help us make a trade decision. For example, suppose you find that Owlet has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Owlet regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Owlet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Owlet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Owlet stock over time.
Current vs Lagged Prices |
| Timeline |
Owlet Lagged Returns
When evaluating Owlet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Owlet stock have on its future price. Owlet autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Owlet autocorrelation shows the relationship between Owlet stock current value and its past values and can show if there is a momentum factor associated with investing in Owlet Inc.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Owlet Stock Analysis
When running Owlet's price analysis, check to measure Owlet'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 Owlet is operating at the current time. Most of Owlet's value examination focuses on studying past and present price action to predict the probability of Owlet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owlet's price. Additionally, you may evaluate how the addition of Owlet to your portfolios can decrease your overall portfolio volatility.