Ovoca Gold Financials
| OVXA Stock | EUR 0.01 0 16.67% |
Ovoca |
| Foreign Associate | Germany |
| Instrument | Ireland Stock View All |
| Exchange | Irish Exchange |
| ISIN | IE00B4XVDC01 |
| Business Address | 17 Pembroke Street |
| Sector | Healthcare |
| Industry | Biotechnology |
| Benchmark | Dow Jones Industrial |
| Website | ovocabio.com |
| Phone | 353 1 661 9819 |
| Currency | EUR - Euro |
You should never invest in Ovoca Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ovoca Stock, because this is throwing your money away. Analyzing the key information contained in Ovoca Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ovoca Gold Key Financial Ratios
There are many critical financial ratios that Ovoca Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ovoca Gold PLC reports annually and quarterly.Ovoca Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ovoca Gold's current stock value. Our valuation model uses many indicators to compare Ovoca Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ovoca Gold competition to find correlations between indicators driving Ovoca Gold's intrinsic value. More Info.Ovoca Gold PLC is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ovoca Gold's earnings, one of the primary drivers of an investment's value.Ovoca Gold PLC Systematic Risk
Ovoca Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ovoca Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Ovoca Gold PLC correlated with the market. If Beta is less than 0 Ovoca Gold generally moves in the opposite direction as compared to the market. If Ovoca Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ovoca Gold PLC is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ovoca Gold is generally in the same direction as the market. If Beta > 1 Ovoca Gold moves generally in the same direction as, but more than the movement of the benchmark.
Ovoca Gold December 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ovoca Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ovoca Gold PLC. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ovoca Gold PLC based on widely used predictive technical indicators. In general, we focus on analyzing Ovoca Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ovoca Gold's daily price indicators and compare them against related drivers.
| Downside Deviation | 24.33 | |||
| Information Ratio | 0.0963 | |||
| Maximum Drawdown | 338.33 | |||
| Value At Risk | (10.26) | |||
| Potential Upside | 5.71 |
Additional Tools for Ovoca Stock Analysis
When running Ovoca Gold's price analysis, check to measure Ovoca Gold's 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 Ovoca Gold is operating at the current time. Most of Ovoca Gold's value examination focuses on studying past and present price action to predict the probability of Ovoca Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovoca Gold's price. Additionally, you may evaluate how the addition of Ovoca Gold to your portfolios can decrease your overall portfolio volatility.