Odyssey Semiconductor Debt To Equity vs. Current Valuation
| ODII Stock | USD 0.02 0.04 69.23% |
For Odyssey Semiconductor profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Odyssey Semiconductor to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Odyssey Semiconductor Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Odyssey Semiconductor's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Odyssey Semiconductor Technologies over time as well as its relative position and ranking within its peers.
Odyssey |
Odyssey Semiconductor Current Valuation vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Odyssey Semiconductor's current stock value. Our valuation model uses many indicators to compare Odyssey Semiconductor value to that of its competitors to determine the firm's financial worth. Odyssey Semiconductor Technologies is regarded fifth in debt to equity category among its peers. It is rated below average in current valuation category among its peers reporting about 23,968,265 of Current Valuation per Debt To Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Odyssey Semiconductor by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Odyssey Semiconductor's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Odyssey Current Valuation vs. Debt To Equity
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Odyssey Semiconductor |
| = | 0.78 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Odyssey Semiconductor |
| = | 18.6 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Odyssey Current Valuation vs Competition
Odyssey Semiconductor Technologies is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Semiconductors industry is now estimated at about 10.6 Billion. Odyssey Semiconductor adds roughly 18.6 Million in current valuation claiming only tiny portion of equities listed under Semiconductors industry.
Odyssey Semiconductor Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Odyssey Semiconductor, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Odyssey Semiconductor will eventually generate negative long term returns. The profitability progress is the general direction of Odyssey Semiconductor's change in net profit over the period of time. It can combine multiple indicators of Odyssey Semiconductor, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Odyssey Semiconductor Technologies, Inc., a semiconductor device company, develops and sells high-voltage power switching components and systems based on proprietary gallium nitride processing technology. The company was incorporated in 2019 and is based in Ithaca, New York. Odyssey Semiconductor operates under Semiconductors classification in the United States and is traded on OTC Exchange. It employs 11 people.
Odyssey Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Odyssey Semiconductor. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Odyssey Semiconductor position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Odyssey Semiconductor's important profitability drivers and their relationship over time.
Use Odyssey Semiconductor in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Odyssey Semiconductor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Odyssey Semiconductor will appreciate offsetting losses from the drop in the long position's value.Odyssey Semiconductor Pair Trading
Odyssey Semiconductor Technologies Pair Trading Analysis
The ability to find closely correlated positions to Odyssey Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Odyssey Semiconductor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Odyssey Semiconductor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Odyssey Semiconductor Technologies to buy it.
The correlation of Odyssey Semiconductor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Odyssey Semiconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Odyssey Semiconductor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Odyssey Semiconductor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Odyssey Semiconductor position
In addition to having Odyssey Semiconductor in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Hedge Favorites Thematic Idea Now
Hedge Favorites
Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hedge Favorites Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Odyssey OTC Stock
To fully project Odyssey Semiconductor's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Odyssey Semiconductor at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Odyssey Semiconductor's income statement, its balance sheet, and the statement of cash flows.