Ocean Power Technologies Stock Performance
| OPTT Stock | USD 0.55 0.02 4.23% |
Ocean Power holds a performance score of 6 on a scale of zero to a hundred. The company holds a Beta of 0.64, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Ocean Power's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ocean Power is expected to be smaller as well. Use Ocean Power sortino ratio, as well as the relationship between the semi variance and rate of daily change , to analyze future returns on Ocean Power.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Ocean Power Technologies are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively inconsistent basic indicators, Ocean Power unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:20 | Dividend Date 2019-03-12 | Last Split Date 2019-03-12 |
1 | Ocean Power Technologies Shares Finally Gaining Traction But Risks Remain - Seeking Alpha | 01/03/2025 |
2 | The Next Energy Frontier Wave Tidal Innovations Fuel a Billion-Dollar Sustainable Market | 01/14/2025 |
3 | Insider Trading | 01/16/2025 |
4 | Glancy Prongay Murray LLP Announces Investigation of Ocean Power Technologies, Inc. | 01/17/2025 |
5 | Acquisition by Robert Powers of 45902 shares of Ocean Power at 0.92 subject to Rule 16b-3 | 01/21/2025 |
6 | Ocean Power Technologies bags 2M in purchase orders in Latin America shares rise | 01/31/2025 |
7 | Ocean Power Technologies to Exhibit Innovative Marine Solutions at NAVDEX 2025 in Partnership with Remah International Group - Nasdaq | 02/10/2025 |
8 | Disposition of 5967 shares by Matthew Burdyny of Ocean Power at 0.66 subject to Rule 16b-3 | 02/25/2025 |
9 | Ocean Power Technologies Raised to Sell at StockNews.com | 03/07/2025 |
10 | Whats Going On With Ocean Power Technologies Shares | 03/13/2025 |
11 | Ocean Power Technologies Inc Q3 FY2025 Earnings Revenue Declines to 0. ... | 03/19/2025 |
| Begin Period Cash Flow | 7.1 M | |
| Free Cash Flow | -32.3 M |
Ocean |
Ocean Power Relative Risk vs. Return Landscape
If you would invest 45.00 in Ocean Power Technologies on December 25, 2024 and sell it today you would earn a total of 9.00 from holding Ocean Power Technologies or generate 20.0% return on investment over 90 days. Ocean Power Technologies is currently generating 1.3137% in daily expected returns and assumes 15.682% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Ocean, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Ocean Power Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ocean Power's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ocean Power Technologies, and traders can use it to determine the average amount a Ocean Power'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 = 0.0838
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Estimated Market Risk
| 15.68 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.31 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Ocean Power is performing at about 6% of its full potential. 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 Ocean Power by adding it to a well-diversified portfolio.
Ocean Power Fundamentals Growth
Ocean Stock prices reflect investors' perceptions of the future prospects and financial health of Ocean Power, and Ocean Power 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 Ocean Stock performance.
| Return On Equity | -0.82 | ||||
| Return On Asset | -0.44 | ||||
| Operating Margin | (3.44) % | ||||
| Current Valuation | 82.23 M | ||||
| Shares Outstanding | 146.04 M | ||||
| Price To Earning | (0.59) X | ||||
| Price To Book | 3.12 X | ||||
| Price To Sales | 14.65 X | ||||
| Revenue | 5.53 M | ||||
| Gross Profit | (101 K) | ||||
| EBITDA | (28.24 M) | ||||
| Net Income | (27.48 M) | ||||
| Cash And Equivalents | 51.9 M | ||||
| Cash Per Share | 0.94 X | ||||
| Total Debt | 2.57 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 16.79 X | ||||
| Book Value Per Share | 0.32 X | ||||
| Cash Flow From Operations | (29.76 M) | ||||
| Earnings Per Share | (0.32) X | ||||
| Market Capitalization | 46.31 M | ||||
| Total Asset | 28.7 M | ||||
| Retained Earnings | (307.58 M) | ||||
| Working Capital | 3.18 M | ||||
| Current Asset | 9.76 M | ||||
| Current Liabilities | 6.17 M | ||||
About Ocean Power Performance
Assessing Ocean Power's fundamental ratios provides investors with valuable insights into Ocean Power's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Ocean Power 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.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 751.32 | 788.89 | |
| Return On Tangible Assets | (1.91) | (1.81) | |
| Return On Capital Employed | (1.58) | (1.50) | |
| Return On Assets | (1.10) | (1.05) | |
| Return On Equity | (1.63) | (1.55) |
Things to note about Ocean Power Technologies performance evaluation
Checking the ongoing alerts about Ocean Power for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ocean Power Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ocean Power is way too risky over 90 days horizon | |
| Ocean Power has some characteristics of a very speculative penny stock | |
| Ocean Power appears to be risky and price may revert if volatility continues | |
| Ocean Power has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 5.53 M. Net Loss for the year was (27.48 M) with loss before overhead, payroll, taxes, and interest of (101 K). | |
| Ocean Power Technologies currently holds about 51.9 M in cash with (29.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.94, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Ocean Power has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: Ocean Power Technologies Inc Q3 FY2025 Earnings Revenue Declines to 0. ... |
- Analyzing Ocean Power'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 Ocean Power's stock is overvalued or undervalued compared to its peers.
- Examining Ocean Power'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 Ocean Power's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ocean Power's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ocean Power's stock. These opinions can provide insight into Ocean Power's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Ocean Stock Analysis
When running Ocean Power's price analysis, check to measure Ocean Power'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 Ocean Power is operating at the current time. Most of Ocean Power's value examination focuses on studying past and present price action to predict the probability of Ocean Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Power's price. Additionally, you may evaluate how the addition of Ocean Power to your portfolios can decrease your overall portfolio volatility.