Omni Lite Industries Canada Stock Price on September 13, 2023
| OLNCF Stock | USD 0.79 0.01 1.25% |
If you're considering investing in Omni-Lite OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Omni-Lite Industries stands at 0.79, as last reported on the 17th of June 2024, with the highest price reaching 0.80 and the lowest price hitting 0.79 during the day. Omni-Lite Industries is abnormally volatile given 3 months investment horizon. Omni Lite Industries maintains Sharpe Ratio (i.e., Efficiency) of 0.24, which implies the firm had a 0.24% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.05% are justified by taking the suggested risk. Use Omni-Lite Industries Risk Adjusted Performance of 0.1546, coefficient of variation of 473.67, and Semi Deviation of 0.5275 to evaluate company specific risk that cannot be diversified away.
Omni-Lite OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Omni-Lite |
Sharpe Ratio = 0.2388
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Estimated Market Risk
| 4.39 actual daily | 38 62% of assets are more volatile |
Expected Return
| 1.05 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Omni-Lite Industries is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Omni-Lite Industries by adding it to a well-diversified portfolio.
Omni-Lite Industries Valuation on September 13, 2023
It is possible to determine the worth of Omni-Lite Industries on a given historical date. On September 13, 2023 Omni-Lite was worth 0.44 at the beginning of the trading date compared to the closed value of 0.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Omni-Lite Industries otc stock. Still, in general, we apply an absolute valuation method to find Omni-Lite Industries' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Omni-Lite Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Omni-Lite Industries' related companies.
| Open | High | Low | Close | Volume | |
| 0.44 | 0.44 | 0.44 | 0.44 | 7,000 | |
09/13/2023 | 0.44 | 0.44 | 0.44 | 0.44 | 1.00 |
| 0.44 | 0.44 | 0.44 | 0.44 | 1.00 |
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Omni-Lite Industries Trading Date Momentum on September 13, 2023
| On September 14 2023 Omni Lite Industries Canada was traded for 0.44 at the closing time. The highest daily price throughout the period was 0.44 and the lowest price was 0.44 . There was no trading activity during the period 1.0. Lack of trading volume on 09/14/2023 did not cause price change. The trading delta at closing time to current closing price is 4.55% . |
Omni Lite Industries Fundamentals Correlations and Trends
By evaluating Omni-Lite Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Omni-Lite Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Omni-Lite financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Omni-Lite Industries OTC Stock history
Omni-Lite Industries investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Omni-Lite is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Omni Lite Industries will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Omni-Lite Industries stock prices may prove useful in developing a viable investing in Omni-Lite Industries
Omni-Lite Industries Canada Inc. develops, engineers, manufactures, markets, and sells precision components to Fortune 500 companies in the United States and Canada. The company was incorporated in 1992 and is headquartered in Cerritos, California. Omni Lite is traded on OTC Exchange in the United States.
Omni-Lite Industries OTC Stock Technical Analysis
Omni-Lite Industries technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Omni-Lite Industries Period Price Range
Low | September 13, 2023
| High |
0.44 | 0.44 |
Omni-Lite Industries June 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Omni-Lite Industries otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Omni-Lite Industries shares will generate the highest return on investment. By undertsting and applying Omni-Lite Industries otc stock market strength indicators, traders can identify Omni Lite Industries Canada entry and exit signals to maximize returns
Omni-Lite Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Omni-Lite Industries' price direction in advance. Along with the technical and fundamental analysis of Omni-Lite OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Omni-Lite to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1546 | |||
| Jensen Alpha | 0.8373 | |||
| Total Risk Alpha | 0.6484 | |||
| Sortino Ratio | 0.2434 | |||
| Treynor Ratio | (1.18) |
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Complementary Tools for Omni-Lite OTC Stock analysis
When running Omni-Lite Industries' price analysis, check to measure Omni-Lite Industries' 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 Industries is operating at the current time. Most of Omni-Lite Industries' value examination focuses on studying past and present price action to predict the probability of Omni-Lite Industries' 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 Industries' price. Additionally, you may evaluate how the addition of Omni-Lite Industries to your portfolios can decrease your overall portfolio volatility.
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