Omni Lite Industries Canada Stock Buy Hold or Sell Recommendation
| OML Stock | CAD 0.70 0.01 1.45% |
Assuming the 90 days horizon and your way above-average risk tolerance, our recommendation regarding Omni Lite Industries Canada is 'Strong Buy'. Macroaxis provides Omni Lite buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OML positions. The advice algorithm takes into account all of Omni Lite's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Omni Lite's buy or sell advice are summarized below:
Real Value 0.8 | Hype Value 0.7 | Market Value 0.7 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Omni Lite Industries Canada given historical horizon and risk tolerance towards Omni Lite. When Macroaxis issues a 'buy' or 'sell' recommendation for Omni Lite Industries Canada, the advice is generated through an automated system that utilizes algorithms and statistical models.
Omni |
Execute Omni Lite Buy or Sell Advice
The Omni recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Omni Lite Industries Canada. Macroaxis does not own or have any residual interests in Omni Lite Industries Canada or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Omni Lite's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Modest | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Omni Lite Trading Alerts and Improvement Suggestions
| Omni Lite Industries has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 12.21 M. Net Loss for the year was (1.4 M) with profit before overhead, payroll, taxes, and interest of 20.19 K. | |
| Latest headline from news.google.com: Peritus High Yield ETF Stock Price Passes Above 50-Day Moving Average of 25.49 - Defense World |
Omni Lite Returns Distribution Density
The distribution of Omni Lite's historical returns is an attempt to chart the uncertainty of Omni Lite's future price movements. The chart of the probability distribution of Omni Lite daily returns describes the distribution of returns around its average expected value. We use Omni Lite Industries Canada price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Omni Lite returns is essential to provide solid investment advice for Omni Lite.
| Mean Return | 0.20 | Value At Risk | -1.54 | Potential Upside | 1.56 | Standard Deviation | 1.59 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Omni Lite historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Omni Lite Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 197.2K | (1.1M) | 294.3K | 679.9K | (516.1K) | (490.3K) | |
| Investments | (317.8K) | (273.9K) | (3.6M) | 521.2K | 829.1K | 870.5K | |
| Change In Cash | (499.3K) | 352.7K | 849.2K | (1.1M) | (132.3K) | (139.0K) | |
| Depreciation | 1.2M | 1.2M | 1.1M | 1.3M | 1.3M | 1.2M | |
| Capital Expenditures | 759.2K | 316.9K | 23.9K | 464.7K | 156.8K | 149.0K | |
| Net Income | (1.9M) | (618.1K) | (483.1K) | (2.6M) | (1.4M) | (1.3M) | |
| Change To Netincome | 3.5M | 1.6M | (907.1K) | 585.9K | 673.8K | 580.6K | |
| End Period Cash Flow | 693.2K | 1.5M | 2.4M | 1.3M | 1.3M | 1.2M | |
| Free Cash Flow | (822.1K) | (18.9K) | (1.2M) | (1.2M) | 750.3K | 787.8K | |
| Other Non Cash Items | 276.0K | 13.7K | 67.4K | 576.6K | 560.2K | 588.3K |
Omni Lite Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Omni Lite or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Omni Lite's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Omni stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.18 | |
β | Beta against NYSE Composite | 0.07 | |
σ | Overall volatility | 1.51 | |
Ir | Information ratio | 0.07 |
Omni Lite Volatility Alert
Omni Lite Industries Canada currently demonstrates below-average downside deviation. It has Information Ratio of 0.07 and Jensen Alpha of 0.18. Omni Lite Industries Canada is a potential penny stock. Although Omni Lite may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Omni Lite Industries Canada. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Omni instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Omni Lite Fundamentals Vs Peers
Comparing Omni Lite's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Omni Lite's direct or indirect competition across all of the common fundamentals between Omni Lite and the related equities. This way, we can detect undervalued stocks with similar characteristics as Omni Lite or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Omni Lite's fundamental indicators could also be used in its relative valuation, which is a method of valuing Omni Lite by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Omni Lite to competition |
| Fundamentals | Omni Lite | Peer Average |
| Return On Equity | -0.11 | -0.31 |
| Return On Asset | -0.0251 | -0.14 |
| Profit Margin | (0.11) % | (1.27) % |
| Operating Margin | 0.05 % | (5.51) % |
| Current Valuation | 17.25 M | 16.62 B |
| Shares Outstanding | 15.41 M | 571.82 M |
| Shares Owned By Insiders | 9.82 % | 10.09 % |
| Number Of Shares Shorted | 558 | 4.71 M |
| Price To Earning | 116.00 X | 28.72 X |
| Price To Book | 0.62 X | 9.51 X |
| Price To Sales | 0.88 X | 11.42 X |
| Revenue | 12.21 M | 9.43 B |
| Gross Profit | 20.19 K | 27.38 B |
| EBITDA | (474.75 K) | 3.9 B |
| Net Income | (1.4 M) | 570.98 M |
| Cash And Equivalents | 148.29 K | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 752.09 K | 5.32 B |
| Debt To Equity | 5.00 % | 48.70 % |
| Current Ratio | 3.59 X | 2.16 X |
| Book Value Per Share | 0.82 X | 1.93 K |
| Cash Flow From Operations | 907.05 K | 971.22 M |
| Short Ratio | 0.14 X | 4.00 X |
| Earnings Per Share | (0.14) X | 3.12 X |
| Target Price | 2.0 | |
| Beta | 0.13 | -0.15 |
| Market Capitalization | 10.79 M | 19.03 B |
| Total Asset | 20.06 M | 29.47 B |
| Retained Earnings | (810.42 K) | 9.33 B |
| Working Capital | 5.64 M | 1.48 B |
| Net Asset | 20.06 M |
Omni Lite Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Omni . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 0.7 | |||
| Day Typical Price | 0.7 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
About Omni Lite Buy or Sell Advice
When is the right time to buy or sell Omni Lite Industries Canada? Buying financial instruments such as Omni Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 14.2M | 12.4M | 11.2M | 12.6M | Total Current Liabilities | 2.6M | 1.7M | 1.9M | 1.3M |
Use Investing Ideas to Build Portfolios
In addition to having Omni Lite 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 Large Blend Funds Thematic Idea Now
Large Blend Funds
Fund or Etfs that invest in stocks of large organizations that have characteristics of both growth and value companies. The Large Blend Funds theme has 46 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 Large Blend Funds Theme or any other thematic opportunities.
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Check out Omni Lite Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Omni Stock analysis
When running Omni Lite's price analysis, check to measure Omni Lite'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 Omni Lite is operating at the current time. Most of Omni Lite's value examination focuses on studying past and present price action to predict the probability of Omni Lite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omni Lite's price. Additionally, you may evaluate how the addition of Omni Lite to your portfolios can decrease your overall portfolio volatility.
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