Otovo AS (Norway) Analysis
| OTOVO Stock | NOK 1.52 0.03 1.94% |
Otovo AS is overvalued with Real Value of 1.23 and Hype Value of 1.52. The main objective of Otovo AS stock analysis is to determine its intrinsic value, which is an estimate of what Otovo AS is worth, separate from its market price. There are two main types of Otovo AS's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Otovo AS's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Otovo AS's stock to identify patterns and trends that may indicate its future price movements.
The Otovo AS stock is traded in Norway on Oslo Stock Exchange, with the market opening at 09:00:00 and closing at 16:20:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Norway. Otovo AS is usually not traded on Christmas Eve, Christmas Day, Boxing Day, New Year 's Day, Maundy Thursday, Good Friday, Easter Sunday, Easter Monday, International Workers ' Day, ConstitutionDay. Otovo Stock trading window is adjusted to Europe/Oslo timezone.
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Otovo Stock Analysis Notes
About 45.0% of the company outstanding shares are owned by corporate insiders. The book value of Otovo AS was now reported as 3.85. The company recorded a loss per share of 1.88. Otovo AS had not issued any dividends in recent years. The entity had 10:1 split on the 19th of February 2021. Otovo AS develops and supplies solar cells for private and corporate customers in Norway, Sweden, and Italy. The company was founded in 2016 and is based in Oslo, Norway. OTOVO AS is traded on Oslo Stock Exchange in Norway. To find out more about Otovo AS contact the company at 47 21 65 65 10 or learn more at https://www.otovo.no.Otovo AS Investment Alerts
| Otovo AS is way too risky over 90 days horizon | |
| Otovo AS may become a speculative penny stock | |
| Otovo AS appears to be risky and price may revert if volatility continues | |
| Otovo AS has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 289.4 M. Net Loss for the year was (153.61 M) with profit before overhead, payroll, taxes, and interest of 129.11 M. | |
| Otovo AS has accumulated about 224.19 M in cash with (136.02 M) of positive cash flow from operations. | |
| Roughly 45.0% of the company outstanding shares are owned by corporate insiders |
Otovo Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Otovo AS's market, we take the total number of its shares issued and multiply it by Otovo AS'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.Otovo Profitablity
Otovo AS's profitability indicators refer to fundamental financial ratios that showcase Otovo AS's ability to generate income relative to its revenue or operating costs. If, let's say, Otovo AS is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Otovo AS'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 Otovo AS's profitability requires more research than a typical breakdown of Otovo AS's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.47) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.49) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.49. Technical Drivers
As of the 21st of March, Otovo AS holds the Semi Deviation of 4.15, risk adjusted performance of 0.0891, and Coefficient Of Variation of 1111.77. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Otovo AS, as well as the relationship between them.Otovo AS Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Otovo AS 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 Otovo AS. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Otovo AS Outstanding Bonds
Otovo AS 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. Otovo AS 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 Otovo bonds can be classified according to their maturity, which is the date when Otovo AS 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.
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Otovo AS Predictive Daily Indicators
Otovo AS 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 Otovo AS 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.
| Accumulation Distribution | 24997.22 | |||
| Daily Balance Of Power | (0.25) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 1.51 | |||
| Day Typical Price | 1.51 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.03) | |||
| Relative Strength Index | 59.88 |
Otovo AS Forecast Models
Otovo AS's time-series forecasting models are one of many Otovo AS'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 Otovo AS'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 Otovo Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Otovo AS 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 Otovo 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 Otovo AS. By using and applying Otovo Stock analysis, traders can create a robust methodology for identifying Otovo entry and exit points for their positions.
Otovo AS develops and supplies solar cells for private and corporate customers in Norway, Sweden, and Italy. The company was founded in 2016 and is based in Oslo, Norway. OTOVO AS is traded on Oslo Stock Exchange in Norway.
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Other Information on Investing in Otovo Stock
Otovo AS financial ratios help investors to determine whether Otovo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Otovo with respect to the benefits of owning Otovo AS security.