Ocumetics Technology Corp Stock Analysis
| OTC Stock | 0.30 0.02 6.25% |
Ocumetics Technology Corp is overvalued with Real Value of 0.27 and Hype Value of 0.3. The main objective of Ocumetics Technology stock analysis is to determine its intrinsic value, which is an estimate of what Ocumetics Technology Corp is worth, separate from its market price. There are two main types of Ocumetics Technology's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Ocumetics Technology's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Ocumetics Technology's stock to identify patterns and trends that may indicate its future price movements.
The Ocumetics Technology stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Ocumetics Technology is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Ocumetics Stock trading window is adjusted to America/Toronto timezone.
Ocumetics |
Ocumetics Stock Analysis Notes
About 46.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.02. Ocumetics Technology Corp had not issued any dividends in recent years. To find out more about Ocumetics Technology Corp contact Dean Burns at 403-650-7718 or learn more at https://ocumetics.com.Ocumetics Technology Corp Investment Alerts
| Ocumetics Technology has some characteristics of a very speculative penny stock | |
| Ocumetics Technology had very high historical volatility over the last 90 days | |
| Ocumetics Technology has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.64 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Ocumetics Technology generates negative cash flow from operations | |
| About 46.0% of the company outstanding shares are owned by corporate insiders |
Ocumetics Technology Thematic Classifications
In addition to having Ocumetics Technology stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | ITInformation technology and IT services | |
 | ComputersUSA Equities from Computers industry as classified by Fama & French |
Ocumetics Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 35.93 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ocumetics Technology's market, we take the total number of its shares issued and multiply it by Ocumetics Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Ocumetics Profitablity
Ocumetics Technology's profitability indicators refer to fundamental financial ratios that showcase Ocumetics Technology's ability to generate income relative to its revenue or operating costs. If, let's say, Ocumetics Technology is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Ocumetics Technology's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Ocumetics Technology's profitability requires more research than a typical breakdown of Ocumetics Technology's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (9.62) | (9.14) | |
| Return On Capital Employed | (8.74) | (8.30) | |
| Return On Assets | (3.52) | (3.34) | |
| Return On Equity | (39.99) | (37.99) |
Management Efficiency
Ocumetics Technology Corp has return on total asset (ROA) of (0.7887) % which means that it has lost $0.7887 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (11.2268) %, meaning that it generated substantial loss on money invested by shareholders. Ocumetics Technology's management efficiency ratios could be used to measure how well Ocumetics Technology manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to -9.14 in 2024. Return On Capital Employed is likely to climb to -8.3 in 2024. At this time, Ocumetics Technology's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 784.3 K in 2024, whereas Total Current Assets are likely to drop slightly above 202.3 K in 2024.| Last Reported | Projected for Next Year | ||
| Enterprise Value Over EBITDA | (11.24) | (11.80) | |
| Price Book Value Ratio | 430.57 | 452.10 | |
| Enterprise Value Multiple | (11.24) | (11.80) | |
| Price Fair Value | 430.57 | 452.10 | |
| Enterprise Value | 39.3 M | 41.3 M |
Leadership effectiveness at Ocumetics Technology Corp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta (1.12) | Return On Assets (0.79) | Return On Equity (11.23) |
Technical Drivers
As of the 3rd of December, Ocumetics Technology holds the Semi Deviation of 2.91, risk adjusted performance of 0.0118, and Coefficient Of Variation of 19968.2. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ocumetics Technology, as well as the relationship between them. Please check Ocumetics Technology Corp jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Ocumetics Technology Corp is priced some-what accurately, providing market reflects its current price of 0.3 per share.Ocumetics Technology Corp Price Movement Analysis
The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Ocumetics Technology middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Ocumetics Technology Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Ocumetics Technology Outstanding Bonds
Ocumetics Technology issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Ocumetics Technology Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Ocumetics bonds can be classified according to their maturity, which is the date when Ocumetics Technology Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Ocumetics Technology Predictive Daily Indicators
Ocumetics Technology intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ocumetics Technology stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Ocumetics Technology Forecast Models
Ocumetics Technology's time-series forecasting models are one of many Ocumetics Technology's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ocumetics Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Ocumetics Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Ocumetics Technology prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Ocumetics shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Ocumetics Technology. By using and applying Ocumetics Stock analysis, traders can create a robust methodology for identifying Ocumetics entry and exit points for their positions.
| Last Reported | Projected for Next Year |
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Additional Tools for Ocumetics Stock Analysis
When running Ocumetics Technology's price analysis, check to measure Ocumetics 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 Ocumetics Technology is operating at the current time. Most of Ocumetics Technology's value examination focuses on studying past and present price action to predict the probability of Ocumetics 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 Ocumetics Technology's price. Additionally, you may evaluate how the addition of Ocumetics Technology to your portfolios can decrease your overall portfolio volatility.