Ovation Science Stock Buy Hold or Sell Recommendation
| OVATF Stock | USD 0.04 0.01 12.35% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Ovation Science is 'Strong Sell'. Macroaxis provides Ovation Science buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OVATF positions. The advice algorithm takes into account all of Ovation Science's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Ovation Science's buy or sell advice are summarized below:
Real Value 0.0302 | Hype Value 0.04 | Market Value 0.0362 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Ovation Science given historical horizon and risk tolerance towards Ovation Science. When Macroaxis issues a 'buy' or 'sell' recommendation for Ovation Science, the advice is generated through an automated system that utilizes algorithms and statistical models.
Ovation |
Execute Ovation Science Buy or Sell Advice
The Ovation recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ovation Science. Macroaxis does not own or have any residual interests in Ovation Science or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ovation Science's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Ovation Science Trading Alerts and Improvement Suggestions
| Ovation Science is way too risky over 90 days horizon | |
| Ovation Science has some characteristics of a very speculative penny stock | |
| Ovation Science appears to be risky and price may revert if volatility continues | |
| Ovation Science has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 224.95 K. Net Loss for the year was (2.39 M) with profit before overhead, payroll, taxes, and interest of 520.79 K. | |
| Ovation Science has accumulated about 321.68 K in cash with (885.75 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 29.0% of the company outstanding shares are owned by corporate insiders |
Ovation Science Returns Distribution Density
The distribution of Ovation Science's historical returns is an attempt to chart the uncertainty of Ovation Science's future price movements. The chart of the probability distribution of Ovation Science daily returns describes the distribution of returns around its average expected value. We use Ovation Science price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ovation Science returns is essential to provide solid investment advice for Ovation Science.
| Mean Return | 0.69 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 6.49 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ovation Science 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.
Ovation Science 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 Ovation Science or Healthcare 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 Ovation Science's price will be affected by overall otc 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 Ovation otc'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 | 0.87 | |
β | Beta against NYSE Composite | -2.6 | |
σ | Overall volatility | 6.70 | |
Ir | Information ratio | 0.09 |
Ovation Science Volatility Alert
Ovation Science is displaying above-average volatility over the selected time horizon. Ovation Science is a penny stock. Although Ovation Science may be in fact a good investment, many penny otc stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Ovation Science. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Ovation instrument if you perfectly time your entry and exit. However, remember that penny otcs 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.Ovation Science Fundamentals Vs Peers
Comparing Ovation Science'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 Ovation Science's direct or indirect competition across all of the common fundamentals between Ovation Science and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ovation Science or determine the otc stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ovation Science's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ovation Science by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Ovation Science to competition |
| Fundamentals | Ovation Science | Peer Average |
| Return On Equity | -1.88 | -0.31 |
| Return On Asset | -0.74 | -0.14 |
| Operating Margin | (11.43) % | (5.51) % |
| Current Valuation | 537.31 K | 16.62 B |
| Shares Outstanding | 29.37 M | 571.82 M |
| Shares Owned By Insiders | 28.64 % | 10.09 % |
| Price To Book | 10.86 X | 9.51 X |
| Price To Sales | 4.87 X | 11.42 X |
| Revenue | 224.95 K | 9.43 B |
| Gross Profit | 520.79 K | 27.38 B |
| EBITDA | (2.39 M) | 3.9 B |
| Net Income | (2.39 M) | 570.98 M |
| Cash And Equivalents | 321.68 K | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Debt To Equity | 0.07 % | 48.70 % |
| Current Ratio | 3.52 X | 2.16 X |
| Book Value Per Share | 0 X | 1.93 K |
| Cash Flow From Operations | (885.75 K) | 971.22 M |
| Earnings Per Share | (0.06) X | 3.12 X |
| Number Of Employees | 4 | 18.84 K |
| Beta | 0.16 | -0.15 |
| Market Capitalization | 546 K | 19.03 B |
| Total Asset | 769.9 K | 29.47 B |
| Z Score | -9.9 | 8.72 |
| Net Asset | 769.9 K |
Ovation Science Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ovation . 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 | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.88 | |||
| Day Median Price | 0.0362 | |||
| Day Typical Price | 0.0362 | |||
| Price Action Indicator | (0) | |||
| Period Momentum Indicator | (0.01) |
About Ovation Science Buy or Sell Advice
When is the right time to buy or sell Ovation Science? Buying financial instruments such as Ovation OTC 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.
Use Investing Ideas to Build Portfolios
In addition to having Ovation Science 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 Furniture Thematic Idea Now
Furniture
Companies producing and selling home and office furniture. The Furniture theme has 45 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 Furniture Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Ovation Science 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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Ovation OTC Stock analysis
When running Ovation Science's price analysis, check to measure Ovation Science'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 Ovation Science is operating at the current time. Most of Ovation Science's value examination focuses on studying past and present price action to predict the probability of Ovation Science's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovation Science's price. Additionally, you may evaluate how the addition of Ovation Science to your portfolios can decrease your overall portfolio volatility.
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |