OCUP Old Performance
| OCUPDelisted Stock | USD 1.13 0.06 5.04% |
The firm holds a Beta of -0.41, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning OCUP Old are expected to decrease at a much lower rate. During the bear market, OCUP Old is likely to outperform the market. At this point, OCUP Old has a negative expected return of -0.82%. Please make sure to check OCUP Old's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if OCUP Old performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days OCUP Old has generated negative risk-adjusted returns adding no value to investors with long positions. Even with inconsistent performance in the last few months, the Stock's basic indicators remain relatively invariable which may send shares a bit higher in February 2025. The latest agitation may also be a sign of long-running up-swing for the enterprise retail investors. ...more
| Begin Period Cash Flow | 42.6 M |
OCUP |
OCUP Old Relative Risk vs. Return Landscape
If you would invest 127.00 in OCUP Old on October 9, 2024 and sell it today you would lose (14.00) from holding OCUP Old or give up 11.02% of portfolio value over 90 days. OCUP Old is currently does not generate positive expected returns and assumes 3.9452% risk (volatility on return distribution) over the 90 days horizon. In different words, 35% of stocks are less volatile than OCUP, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
OCUP Old Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for OCUP Old's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as OCUP Old, and traders can use it to determine the average amount a OCUP Old's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.2074
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OCUP |
Estimated Market Risk
| 3.95 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.82 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OCUP Old is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of OCUP Old by adding OCUP Old to a well-diversified portfolio.
OCUP Old Fundamentals Growth
OCUP Stock prices reflect investors' perceptions of the future prospects and financial health of OCUP Old, and OCUP Old fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on OCUP Stock performance.
| Return On Equity | -0.36 | |||
| Return On Asset | -0.21 | |||
| Profit Margin | (0.86) % | |||
| Operating Margin | (7.49) % | |||
| Current Valuation | (6.57 M) | |||
| Shares Outstanding | 26.2 M | |||
| Price To Book | 0.86 X | |||
| Price To Sales | 2.12 X | |||
| Revenue | 19.05 M | |||
| EBITDA | (10.56 M) | |||
| Cash And Equivalents | 17.15 M | |||
| Cash Per Share | 0.83 X | |||
| Total Debt | 4.04 M | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 1.56 X | |||
| Cash Flow From Operations | (1.11 M) | |||
| Earnings Per Share | (0.54) X | |||
| Total Asset | 53.95 M | |||
| Retained Earnings | (81.47 M) | |||
About OCUP Old Performance
Assessing OCUP Old's fundamental ratios provides investors with valuable insights into OCUP Old's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the OCUP Old is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Ocuphire Pharma, Inc., a clinical-stage ophthalmic biopharmaceutical company, focuses on developing and commercializing therapies for the treatment of refractive and retinal eye disorders. Ocuphire Pharma, Inc. is headquartered in Farmington Hills, Michigan. Ocuphire Pharma operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 8 people.Things to note about OCUP Old performance evaluation
Checking the ongoing alerts about OCUP Old for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for OCUP Old help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| OCUP Old is now traded under the symbol IRD. Please update your portfolios or report it if you believe this is an error. Report It! | |
| OCUP Old is not yet fully synchronised with the market data | |
| OCUP Old generated a negative expected return over the last 90 days | |
| OCUP Old may become a speculative penny stock | |
| OCUP Old has high historical volatility and very poor performance | |
| OCUP Old has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 19.05 M. Net Loss for the year was (9.99 M) with loss before overhead, payroll, taxes, and interest of (14.58 M). | |
| OCUP Old currently holds about 17.15 M in cash with (1.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.83. |
- Analyzing OCUP Old's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether OCUP Old's stock is overvalued or undervalued compared to its peers.
- Examining OCUP Old's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating OCUP Old's management team can have a significant impact on its success or failure. Reviewing the track record and experience of OCUP Old's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of OCUP Old's stock. These opinions can provide insight into OCUP Old's potential for growth and whether the stock is currently undervalued or overvalued.
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 employment. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in OCUP Stock
If you are still planning to invest in OCUP 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 OCUP Old's history and understand the potential risks before investing.
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