Olo Three Year Return vs. Net Asset

OLO Etf  USD 5.49  0.20  3.78%   
Considering Olo's profitability and operating efficiency indicators, Olo Inc may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in April. Profitability indicators assess Olo's ability to earn profits and add value for shareholders.
For Olo profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Olo to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Olo Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Olo's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Olo Inc over time as well as its relative position and ranking within its peers.
  
Check out Your Equity Center.
The market value of Olo Inc is measured differently than its book value, which is the value of Olo that is recorded on the company's balance sheet. Investors also form their own opinion of Olo's value that differs from its market value or its book value, called intrinsic value, which is Olo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Olo's market value can be influenced by many factors that don't directly affect Olo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Olo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Olo Inc Net Asset vs. Three Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Olo's current stock value. Our valuation model uses many indicators to compare Olo value to that of its competitors to determine the firm's financial worth.
Olo Inc is rated number one ETF in three year return as compared to similar ETFs. It is rated below average in net asset as compared to similar ETFs making up about  118,471,930  of Net Asset per Three Year Return. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Olo by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Olo's Etf . 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. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Olo's earnings, one of the primary drivers of an investment's value.

Olo Net Asset vs. Three Year Return

Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.

Olo

Three Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
6.27 %
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Olo

Net Asset

 = 

Current Market Value

-

Current Liabilities

 = 
742.82 M
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.

Olo Net Asset Comparison

Olo is currently under evaluation in net asset as compared to similar ETFs.

Olo Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Olo, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Olo will eventually generate negative long term returns. The profitability progress is the general direction of Olo's change in net profit over the period of time. It can combine multiple indicators of Olo, 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.
Olo Inc. provides software-as-a-service platform for multi-location restaurants in the United States. Olo Inc is listed under SoftwareApplication in the United States and is traded on New York Stock Exchange exchange.

Olo Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Olo. 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 Olo 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 Olo's important profitability drivers and their relationship over time.

Use Olo 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 Olo 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 Olo will appreciate offsetting losses from the drop in the long position's value.

Olo Pair Trading

Olo Inc Pair Trading Analysis

The ability to find closely correlated positions to Olo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Olo 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 Olo - 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 Olo Inc to buy it.
The correlation of Olo 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 Olo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Olo Inc 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 Olo 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Olo position

In addition to having Olo 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 Climate Change Thematic Idea Now

Climate Change
Climate Change Theme
Large and medium sized entities that are committing to fully or partially replace some traditional services or products with renewables sources of energy in order to combat global climate change. The Climate Change theme has 41 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 Climate Change Theme or any other thematic opportunities.
View All  Next Launch
Check out Your Equity Center.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for Olo Etf analysis

When running Olo's price analysis, check to measure Olo'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 Olo is operating at the current time. Most of Olo's value examination focuses on studying past and present price action to predict the probability of Olo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olo's price. Additionally, you may evaluate how the addition of Olo to your portfolios can decrease your overall portfolio volatility.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
To fully project Olo's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Olo Inc 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 Olo's income statement, its balance sheet, and the statement of cash flows.
Potential Olo investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Olo investors may work on each financial statement separately, they are all related. The changes in Olo's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Olo's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.