Optical Market Cap from 2010 to 2024

OCC Stock  USD 2.33  0.02  0.85%   
Optical Cable's Market Cap is decreasing over the years with slightly volatile fluctuation. Market Cap is expected to dwindle to about 23.3 M. During the period from 2010 to 2024 Optical Cable Market Cap annual values regression line had geometric mean of  27,293,157 and mean square error of 12916 T. View All Fundamentals
 
Market Cap  
First Reported
2010-12-31
Previous Quarter
24.6 M
Current Value
23.3 M
Quarterly Volatility
121.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Optical Cable financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Optical Cable's main balance sheet or income statement drivers, such as Depreciation And Amortization of 844.9 K, Interest Expense of 1.1 M or Selling General Administrative of 20.6 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0133 or PTB Ratio of 0.94. Optical financial statements analysis is a perfect complement when working with Optical Cable Valuation or Volatility modules.
  
Check out the analysis of Optical Cable Correlation against competitors.
For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.

Latest Optical Cable's Market Cap Growth Pattern

Below is the plot of the Market Cap of Optical Cable over the last few years. It is Optical Cable's Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Optical Cable's overall financial position and show how it may be relating to other accounts over time.
Market Cap10 Years Trend
Slightly volatile
   Market Cap   
       Timeline  

Optical Market Cap Regression Statistics

Arithmetic Mean53,980,277
Geometric Mean27,293,157
Coefficient Of Variation224.65
Mean Deviation58,403,720
Median22,240,419
Standard Deviation121,267,928
Sample Variance14705.9T
Range476M
R-Value(0.43)
Mean Square Error12916T
R-Squared0.18
Significance0.11
Slope(11,645,844)
Total Sum of Squares205882.7T

Optical Market Cap History

202423.3 M
202324.6 M
202221.4 M
202126.9 M
202030 M
201919.6 M

About Optical Cable Financial Statements

Optical Cable stakeholders use historical fundamental indicators, such as Optical Cable's Market Cap, to determine how well the company is positioned to perform in the future. Although Optical Cable investors may analyze each financial statement separately, they are all interrelated. For example, changes in Optical Cable's assets and liabilities are reflected in the revenues and expenses on Optical Cable's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Optical Cable. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Market Cap24.6 M23.3 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Optical Cable offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Optical Cable's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Optical Cable Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Optical Cable Stock:
Check out the analysis of Optical Cable Correlation against competitors.
For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Optical Cable. If investors know Optical will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Optical Cable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.75)
Revenue Per Share
8.284
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.08)
Return On Equity
(0.25)
The market value of Optical Cable is measured differently than its book value, which is the value of Optical that is recorded on the company's balance sheet. Investors also form their own opinion of Optical Cable's value that differs from its market value or its book value, called intrinsic value, which is Optical Cable's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Optical Cable's market value can be influenced by many factors that don't directly affect Optical Cable's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Optical Cable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Optical Cable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optical Cable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.