Odyssey Story

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OMEX -- USA Stock  

USD 6.44  0.35  5.75%

Given the investment horizon of 60 days, Odyssey Marine is expected to under-perform the market. In addition to that, the company is 1.72 times more volatile than its market benchmark. It trades about -0.01 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.13 per unit of volatility. Although many risk-takers are getting more into industrials space, some of us are not very happy with Odyssey Marine's current volatility. We will go over odds for Odyssey Marine to generate above-average margins in two-three weeks.
Published over a month ago
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Should you drop your Odyssey (NASDAQ:OMEX) position after the current rise?
This firm currently holds 37.41 M in liabilities with Debt to Equity (D/E) ratio of 6.34, indicating Odyssey Marine may have difficulties to generate enough cash to satisfy its financial obligations. The company has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due.
Volatility is a rate at which the price of Odyssey Marine or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Odyssey Marine may increase or decrease. In other words, similar to Odyssey's beta indicator, it measures the risk of Odyssey Marine and helps estimate the fluctuations that may happen in a short period of time. So if prices of Odyssey Marine fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

How important is Odyssey Marine's Liquidity

Odyssey Marine financial leverage refers to using borrowed capital as a funding source to finance Odyssey Marine Exploration ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Odyssey Marine financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Odyssey Marine's total debt and its cash.

How Odyssey utilizes its cash?

To perform a cash flow analysis of Odyssey Marine, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Odyssey Marine is receiving and how much cash it distributes out in a given period. The Odyssey Marine cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Odyssey Marine Net Cash Flow from Operations is fairly stable at the moment as compared to the past year. Odyssey Marine reported Net Cash Flow from Operations of (5.44 Million) in 2019

Odyssey Marine Volatility Drivers

Odyssey Marine unsystematic risk is unique to Odyssey Marine Explo and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Odyssey Marine you can also buy DLH Holdings Corp. You can also mitigate this risk by investing in the specialty business services sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Odyssey Marine important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Odyssey Marine income statement and balance sheet. Here are more details about Odyssey volatility.
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