Olo Inc Etf Profile
| OLO Etf | USD 4.70 0.03 0.64% |
Performance0 of 100
| Odds Of DistressLess than 21
|
Olo is selling at 4.70 as of the 23rd of April 2024; that is 0.64 percent up since the beginning of the trading day. The etf's open price was 4.67. Olo has about a 21 % 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 Olo Inc 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.
Business Domain Software & Services | IPO Date 17th of March 2021 | Category Technology | Classification Information Technology |
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. The company has 107 M outstanding shares of which 2.95 M shares are now shorted by investors with about 3.24 days to cover. More on Olo Inc
Moving together with Olo Etf
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Moving against Olo Etf
| 0.73 | DOCU | DocuSign Financial Report 13th of June 2024 | PairCorr |
| 0.63 | DTRK | DATATRAK International | PairCorr |
| 0.48 | ML | MoneyLion Financial Report 14th of May 2024 | PairCorr |
Olo Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Olo's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Olo or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Noah Glass |
| Business Concentration | Application Software, Software - Application, Information Technology, NYSE Composite, Information Technology, Software, Software—Application, Technology (View all Sectors) |
| Average Analyst Recommendation Analysts covering Olo report their recommendations after researching Olo's financial statements, talking to executives and customers, or listening in on Olo's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Olo Inc. The Olo consensus assessment is calculated by taking the average forecast from all of the analysts covering Olo. | |
| Tax Provision | 229,000 |
| Total Current Liabilities | 77.21 Million |
| Total Stockholder Equity | 651.47 Million |
| Currency Code | USD |
| Fiscal Year End | December |
| Stock Based Compensation | 52.86 Million |
| Property Plant And Equipment Net | 34.58 Million |
| Begin Period Cash Flow | 350.07 Million |
| Net Debt | (259.36 Million) |
| Accounts Payable | 4.58 Million |
| Cash | 278.22 Million |
| Other Operating Expenses | 296.52 Million |
| Non Current Assets Total | 292.08 Million |
| Non Currrent Assets Other | 73,000 |
| Forward Price Earnings | 26.2467 |
| Cash And Short Term Investments | 362.55 Million |
| 50 Day M A | 5.4776 |
| Code | OLO |
| Common Stock Shares Outstanding | 162.99 Million |
Olo Inc [OLO] is traded in USA and was established 2008-06-16. Olo is listed under Application Software category by Fama And French industry classification. The fund is classified under Information Technology category within Software family. Olo Inc now have 742.82 M in assets. , while the total return for the last 3 years was 6.27%.
Olo Inc has about 350.07 M in cash with (6.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.85.
Check Olo Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Olo Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Olo Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Olo Inc Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Olo Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of Olo jumping above the current price in 90 days from now is about 98.0%. The Olo Inc probability density function shows the probability of Olo etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Olo has a beta of 0.2434. This indicates as returns on the market go up, Olo average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Olo Inc will be expected to be much smaller as well. Additionally, olo Inc 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 Olo to move above the current price in 90 days from now is about 98.0 (This Olo Inc probability density function shows the probability of Olo Etf to fall within a particular range of prices over 90 days) .
Olo Top Holders
| MFLLX | Small Pany Growth | Mutual Fund | Small Growth |
| MSSGX | Small Pany Growth | Mutual Fund | Small Growth |
| MSCOX | Msif Small Pany | Mutual Fund | Small Growth |
| MSSLX | Small Pany Growth | Mutual Fund | Small Growth |
Olo Major Institutional Holders
Institutional Holdings refers to the ownership stake in Olo that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Olo's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Olo's value.| Instituion | Recorded On | Shares | |
| Citadel Advisors Llc | 2023-09-30 | 2 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 1.7 M | |
| Bares Capital Management Inc | 2023-09-30 | 1.7 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.5 M | |
| Nuveen Asset Management, Llc | 2023-12-31 | 1.4 M | |
| Renaissance Technologies Corp | 2023-12-31 | 1.3 M | |
| Millennium Management Llc | 2023-12-31 | 1.1 M | |
| Jpmorgan Chase & Co | 2023-12-31 | 1.1 M | |
| Northern Trust Corp | 2023-12-31 | 974.1 K | |
| Raine Capital Llc | 2023-12-31 | 32.2 M | |
| Brown Capital Management, Llc | 2023-12-31 | 12.7 M |
Olo Inc Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Olo market risk premium is the additional return an investor will receive from holding Olo 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 Olo. 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 Olo's alpha and beta are two of the key measurements used to evaluate Olo's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.24) |
Olo Against Markets
Picking the right benchmark for Olo etf 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 Olo etf 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 Olo is critical whether you are bullish or bearish towards Olo Inc at a given time. Please also check how Olo'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 Olo 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?
Run Bollinger Bands Now
Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon |
| All Next | Launch Module |
How to buy Olo Etf?
Before investing in Olo, 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 Olo. To buy Olo etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Olo. 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 Olo etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Olo Inc etf 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 Olo Inc etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Olo Inc, 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 etf 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 Olo Inc?
The danger of trading Olo Inc is mainly related to its market volatility and ETF 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 Olo 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 Olo. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Olo Inc 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 Olo Inc. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.