Ostin Technology Group Stock Performance
| OST Stock | USD 0.24 0.03 14.29% |
The company holds a Beta of -0.15, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ostin Technology are expected to decrease at a much lower rate. During the bear market, Ostin Technology is likely to outperform the market. Ostin Technology right now holds a risk of 9.43%. Please check Ostin Technology maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and relative strength index , to decide if Ostin Technology will be following its historical price patterns.
Risk-Adjusted Performance
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Over the last 90 days Ostin Technology Group has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Ostin Technology is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Ostin Technology Schedules Key Shareholder Meeting - TipRanks | 11/08/2024 |
2 | Ostin Technology Group Announces Results of Extraordinary General Meeting | 11/27/2024 |
| Begin Period Cash Flow | 3.8 M | |
| Free Cash Flow | -10.1 M |
Ostin |
Ostin Technology Relative Risk vs. Return Landscape
If you would invest 31.00 in Ostin Technology Group on September 1, 2024 and sell it today you would lose (7.00) from holding Ostin Technology Group or give up 22.58% of portfolio value over 90 days. Ostin Technology Group is generating 0.06% of daily returns assuming volatility of 9.4284% on return distribution over 90 days investment horizon. In other words, 83% of stocks are less volatile than Ostin, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Ostin Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ostin Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ostin Technology Group, and traders can use it to determine the average amount a Ostin Technology'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 = 0.0064
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Estimated Market Risk
| 9.43 actual daily | 83 83% of assets are less volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ostin Technology 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 Ostin Technology by adding Ostin Technology to a well-diversified portfolio.
Ostin Technology Fundamentals Growth
Ostin Stock prices reflect investors' perceptions of the future prospects and financial health of Ostin Technology, and Ostin Technology 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 Ostin Stock performance.
| Return On Equity | -0.67 | ||||
| Return On Asset | -0.1 | ||||
| Profit Margin | (0.28) % | ||||
| Operating Margin | (0.26) % | ||||
| Current Valuation | 28.73 M | ||||
| Shares Outstanding | 18.11 M | ||||
| Price To Earning | 4.87 X | ||||
| Price To Book | 0.38 X | ||||
| Price To Sales | 0.10 X | ||||
| Revenue | 57.53 M | ||||
| Gross Profit | 12.61 M | ||||
| EBITDA | (6.47 M) | ||||
| Net Income | (11.01 M) | ||||
| Cash And Equivalents | 3.53 M | ||||
| Cash Per Share | 0.34 X | ||||
| Total Debt | 25.68 M | ||||
| Debt To Equity | 1.98 % | ||||
| Current Ratio | 0.89 X | ||||
| Book Value Per Share | 0.61 X | ||||
| Cash Flow From Operations | (2.59 M) | ||||
| Earnings Per Share | (0.71) X | ||||
| Market Capitalization | 3.87 M | ||||
| Total Asset | 56.55 M | ||||
| Retained Earnings | (8.47 M) | ||||
| Working Capital | (16.09 M) | ||||
About Ostin Technology Performance
Assessing Ostin Technology's fundamental ratios provides investors with valuable insights into Ostin Technology's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Ostin Technology 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 | 94.33 | 57.11 | |
| Return On Tangible Assets | (0.25) | (0.24) | |
| Return On Capital Employed | (0.74) | (0.70) | |
| Return On Assets | (0.22) | (0.21) | |
| Return On Equity | (0.90) | (0.86) |
Things to note about Ostin Technology performance evaluation
Checking the ongoing alerts about Ostin Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ostin Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ostin Technology had very high historical volatility over the last 90 days | |
| Ostin Technology has some characteristics of a very speculative penny stock | |
| Ostin Technology Group has 25.68 M in debt with debt to equity (D/E) ratio of 1.98, which is OK given its current industry classification. Ostin Technology has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Ostin to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 57.53 M. Reported Net Loss for the year was (11.01 M) with profit before taxes, overhead, and interest of 12.61 M. | |
| Ostin Technology Group has about 3.53 M in cash with (2.59 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 53.0% of Ostin Technology outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Ostin Technology Group Announces Results of Extraordinary General Meeting |
- Analyzing Ostin Technology'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 Ostin Technology's stock is overvalued or undervalued compared to its peers.
- Examining Ostin Technology'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 Ostin Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ostin Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ostin Technology's stock. These opinions can provide insight into Ostin Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Ostin Stock Analysis
When running Ostin Technology's price analysis, check to measure Ostin Technology'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 Ostin Technology is operating at the current time. Most of Ostin Technology's value examination focuses on studying past and present price action to predict the probability of Ostin Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ostin Technology's price. Additionally, you may evaluate how the addition of Ostin Technology to your portfolios can decrease your overall portfolio volatility.