Omni Lite Industries Canada Stock Performance
| OLNCF Stock | USD 0.52 0.03 6.12% |
Omni-Lite Industries has a performance score of 7 on a scale of 0 to 100. The company holds a Beta of -0.31, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Omni-Lite Industries are expected to decrease at a much lower rate. During the bear market, Omni-Lite Industries is likely to outperform the market. Omni Lite Industries right now holds a risk of 1.55%. Please check Omni Lite Industries semi variance, day median price, and the relationship between the value at risk and kurtosis , to decide if Omni Lite Industries will be following its historical price patterns.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Omni Lite Industries Canada are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental indicators, Omni-Lite Industries may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
| Begin Period Cash Flow | 1.5 M |
Omni-Lite |
Omni-Lite Industries Relative Risk vs. Return Landscape
If you would invest 48.00 in Omni Lite Industries Canada on January 17, 2024 and sell it today you would earn a total of 4.00 from holding Omni Lite Industries Canada or generate 8.33% return on investment over 90 days. Omni Lite Industries Canada is currently producing 0.1408% returns and takes up 1.553% volatility of returns over 90 trading days. Put another way, 13% of traded otc stocks are less volatile than Omni-Lite, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Omni-Lite Industries Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Omni-Lite Industries' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Omni Lite Industries Canada, and traders can use it to determine the average amount a Omni-Lite Industries' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0907
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| Cash | Small Risk | OLNCF | High Risk | Huge Risk |
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Estimated Market Risk
| 1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Omni-Lite Industries is performing at about 7% 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 Fundamentals Growth
Omni-Lite OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Omni-Lite Industries, and Omni-Lite Industries fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Omni-Lite OTC Stock performance.
| Return On Equity | -0.0825 | |||
| Return On Asset | -0.0772 | |||
| Profit Margin | (0.10) % | |||
| Operating Margin | (0.23) % | |||
| Current Valuation | 11.32 M | |||
| Shares Outstanding | 15.41 M | |||
| Price To Earning | 87.00 X | |||
| Price To Book | 0.50 X | |||
| Price To Sales | 0.68 X | |||
| Revenue | 5.76 M | |||
| EBITDA | 854.45 K | |||
| Cash And Equivalents | 2.35 M | |||
| Cash Per Share | 0.15 X | |||
| Total Debt | 6.52 M | |||
| Debt To Equity | 0.47 % | |||
| Book Value Per Share | 0.86 X | |||
| Cash Flow From Operations | (827.19 K) | |||
| Earnings Per Share | (0.07) X | |||
| Total Asset | 23.16 M | |||
| Retained Earnings | 9.26 M | |||
| Current Asset | 5.24 M | |||
| Current Liabilities | 438 K | |||
About Omni-Lite Industries Performance
To evaluate Omni Lite Industries OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Omni-Lite Industries generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Omni-Lite OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Omni Lite Industries market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Omni-Lite's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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.Things to note about Omni Lite Industries performance evaluation
Checking the ongoing alerts about Omni-Lite Industries for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Omni Lite Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Omni Lite Industries has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 5.76 M. Net Loss for the year was (483.1 K) with profit before overhead, payroll, taxes, and interest of 32.48 K. | |
| Omni Lite Industries Canada has accumulated about 2.35 M in cash with (827.19 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. |
- Analyzing Omni-Lite Industries' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Omni-Lite Industries' stock is overvalued or undervalued compared to its peers.
- Examining Omni-Lite Industries' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Omni-Lite Industries' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Omni-Lite Industries' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Omni-Lite Industries' otc stock. These opinions can provide insight into Omni-Lite Industries' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omni Lite Industries Canada. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Omni Lite Industries information on this page should be used as a complementary analysis to other Omni-Lite Industries' 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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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