Odyssey Marine Exploration Stock Alpha and Beta Analysis
| OMEX Stock | USD 3.93 0.19 5.08% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Odyssey Marine Exploration. It also helps investors analyze the systematic and unsystematic risks associated with investing in Odyssey Marine over a specified time horizon. Remember, high Odyssey Marine's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Odyssey Marine's market risk premium analysis include:
Beta 0.56 | Alpha (0.27) | Risk 2.77 | Sharpe Ratio (0.09) | Expected Return (0.25) |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Odyssey |
Odyssey Marine Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Odyssey Marine market risk premium is the additional return an investor will receive from holding Odyssey Marine 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 Odyssey Marine. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Odyssey Marine's performance over market.| α | -0.27 | β | 0.56 |
Odyssey Marine expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Odyssey Marine's Buy-and-hold return. Our buy-and-hold chart shows how Odyssey Marine performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Odyssey Marine Market Price Analysis
Market price analysis indicators help investors to evaluate how Odyssey Marine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Odyssey Marine shares will generate the highest return on investment. By understating and applying Odyssey Marine stock market price indicators, traders can identify Odyssey Marine position entry and exit signals to maximize returns.
Odyssey Marine Return and Market Media
The median price of Odyssey Marine for the period between Sat, Jan 20, 2024 and Fri, Apr 19, 2024 is 4.28 with a coefficient of variation of 7.83. The daily time series for the period is distributed with a sample standard deviation of 0.34, arithmetic mean of 4.3, and mean deviation of 0.3. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Senate votes to confirm US ambassador to Haiti amid gang attempt to seize power in Caribbean country | 03/14/2024 |
2 | FM says S. Korea can negotiate defense cost sharing with U.S. on favorable conditions | 03/21/2024 |
3 | Astrolab Awarded NASA Contract Worth up to 1.9 Billion to Support the Development of Artemis Campaigns Lunar Terrain Vehicle | 04/03/2024 |
4 | A California sheriffs deputy had a double-life with an outlaw motorcycle gang, police say | 04/05/2024 |
5 | Ridgeland man charged in hit-and-run that killed Lowcountry tow truck driver in December | 04/08/2024 |
6 | Thermoset Composites Global Industry Research Report 2024-2030 Market Brims with Immense Growth Potential with Expanding Use in Automotive, Wind Energy, Constru... | 04/10/2024 |
7 | Not smart Zach Alleged White Defense Force member pleads guilty to stealing war trophy helmet on Jan. 6 | 04/12/2024 |
8 | CENTCOM review finds no evidence Abbey Gate suicide bomber was seen by Marine snipers beforehand | 04/15/2024 |
9 | Veterans sentenced for role in 65 million insurance fraud scheme | 04/16/2024 |
10 | Oman Construction Industry Report 2023-2027 - Growth Dynamics in Building, Infrastructure, and Cost Structure Analysis | 04/17/2024 |
About Odyssey Marine Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Odyssey or other stocks. Alpha measures the amount that position in Odyssey Marine Explo has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.0692 | 0.13 | Price To Sales Ratio | 57.87 | 54.98 |
Odyssey Marine Upcoming Company Events
As portrayed in its financial statements, the presentation of Odyssey Marine's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Odyssey Marine's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Odyssey Marine's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Odyssey Marine. Please utilize our Beneish M Score to check the likelihood of Odyssey Marine's management manipulating its earnings.
| 2nd of October 2023 Upcoming Quarterly Report | View | |
| 30th of June 2023 Next Fiscal Quarter End | View |
Build Portfolio with Odyssey Marine
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Odyssey Marine Backtesting, Odyssey Marine Valuation, Odyssey Marine Correlation, Odyssey Marine Hype Analysis, Odyssey Marine Volatility, Odyssey Marine History and analyze Odyssey Marine Performance. Note that the Odyssey Marine Explo information on this page should be used as a complementary analysis to other Odyssey Marine'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Odyssey Stock analysis
When running Odyssey Marine's price analysis, check to measure Odyssey Marine'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 Odyssey Marine is operating at the current time. Most of Odyssey Marine's value examination focuses on studying past and present price action to predict the probability of Odyssey Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Odyssey Marine's price. Additionally, you may evaluate how the addition of Odyssey Marine to your portfolios can decrease your overall portfolio volatility.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |
Odyssey Marine technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.