Odyssey Story

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OMEX -- USA Stock  

USD 6.54  0.20  3.15%

Odyssey Marine is currently generating 0.1212% in daily expected returns and assumes 3.2404% risk (volatility on return distribution) over the 90 days horizon. While some risk-seeking investors are getting worried about industrials space, it is reasonable to break down Odyssey Marine Expl as a possible investment alternative. We will inspect how risky is to take a position in Odyssey Marine at this time.
Published over a week ago
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Will Odyssey Marine (NASDAQ:OMEX) current volatility spike continue?
Odyssey Marine Expl currently holds roughly 6.16 M in cash with (9.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.49.
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 Expl 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 (9.29 Million) in 2020

Odyssey Marine Volatility Drivers

Odyssey Marine unsystematic risk is unique to Odyssey Marine Expl 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 Global Payments. 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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0.38