Ocado Group Plc Stock Today
| OCDGF Stock | USD 4.35 0.11 2.59% |
Performance0 of 100
| Odds Of DistressLess than 23
|
Ocado Group is trading at 4.35 as of the 23rd of April 2024. This is a 2.59 percent up since the beginning of the trading day. The stock's lowest day price was 4.35. Ocado Group has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Ocado Group PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Ocado Group plc operates as an online grocery retailer in the United Kingdom and internationally. The company was founded in 2000 and is headquartered in Hatfield, the United Kingdom. OCADO GROUP operates under Grocery Stores classification in the United States and is traded on OTC Exchange. The company has 826.02 M outstanding shares. More on Ocado Group PLC
Moving together with Ocado Pink Sheet
| 0.79 | WOLWF | Woolworths Group | PairCorr |
Moving against Ocado Pink Sheet
| 0.77 | KR | Kroger Company Financial Report 20th of June 2024 | PairCorr |
| 0.74 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
| 0.72 | LBLCF | Loblaw Companies | PairCorr |
Ocado Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ocado Group's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ocado Group or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and Executive Director | Timothy Steiner |
| Business Concentration | Grocery Stores, Consumer Defensive (View all Sectors) |
Ocado Group PLC [OCDGF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.14 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ocado Group's market, we take the total number of its shares issued and multiply it by Ocado Group'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. Ocado Group PLC classifies itself under Consumer Defensive sector and is part of Grocery Stores industry. The entity has 826.02 M outstanding shares.
Ocado Group PLC has accumulated about 1.08 B in cash with (16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.46.
Check Ocado Group Probability Of Bankruptcy
Ownership AllocationOcado Group owns a total of 826.02 Million outstanding shares. Ocado Group has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Ocado Ownership Details
Ocado Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Ocado Group jumping above the current price in 90 days from now is about 97.0%. The Ocado Group PLC probability density function shows the probability of Ocado Group pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Ocado Group PLC has a beta of -0.2039. This indicates as returns on the benchmark increase, returns on holding Ocado Group are expected to decrease at a much lower rate. During a bear market, however, Ocado Group PLC is likely to outperform the market. Additionally, ocado Group PLC has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Ocado Group to move above the current price in 90 days from now is about 97.0 (This Ocado Group PLC probability density function shows the probability of Ocado Pink Sheet to fall within a particular range of prices over 90 days) .
Ocado Group PLC Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ocado Group market risk premium is the additional return an investor will receive from holding Ocado Group long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ocado Group. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ocado Group's alpha and beta are two of the key measurements used to evaluate Ocado Group's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.55 | |||
| Standard Deviation | 3.61 | |||
| Variance | 13.04 | |||
| Risk Adjusted Performance | (0.14) |
Ocado Stock Against Markets
Picking the right benchmark for Ocado Group pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ocado Group pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ocado Group is critical whether you are bullish or bearish towards Ocado Group PLC at a given time. Please also check how Ocado Group's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ocado Group without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Ocado Group Corporate Directors
Ocado Group corporate directors refer to members of an Ocado Group board of directors. The board of directors generally takes responsibility for the Ocado Group's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Ocado Group's board members must vote for the resolution. The Ocado Group board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Neill Abrams | Director - Legal and Business Affairs, Company Secretary, Executive Director | Profile | |
| Alexandra Mahon | Non-Executive Independent Director | Profile | |
| Duncan TattonBrown | CFO, Executive Director | Profile | |
| Julie Southern | Non-Executive Independent Director | Profile |
How to buy Ocado Pink Sheet?
Before investing in Ocado Group, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ocado Group. To buy Ocado Group stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ocado Group. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ocado Group stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ocado Group PLC stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ocado Group PLC stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ocado Group PLC, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Ocado Group PLC?
The danger of trading Ocado Group PLC is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ocado Group is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ocado Group. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ocado Group PLC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocado Group PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Ocado Group PLC information on this page should be used as a complementary analysis to other Ocado Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Ocado Pink Sheet analysis
When running Ocado Group's price analysis, check to measure Ocado Group'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 Ocado Group is operating at the current time. Most of Ocado Group's value examination focuses on studying past and present price action to predict the probability of Ocado Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocado Group's price. Additionally, you may evaluate how the addition of Ocado Group to your portfolios can decrease your overall portfolio volatility.
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