Ooma Stock Forecast - Day Typical Price

OOMA Stock  USD 14.46  0.09  0.62%   
Ooma Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ooma stock prices and determine the direction of Ooma Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ooma's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Ooma's Inventory Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 2.05, whereas Payables Turnover is forecasted to decline to 6.38. . As of November 28, 2024, Common Stock Shares Outstanding is expected to decline to about 19.9 M. In addition to that, Net Loss is expected to decline to about (4.4 M).
Ooma Inc has current Day Typical Price of 14.48. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
Check Ooma VolatilityBacktest OomaInformation Ratio  

Ooma Trading Date Momentum

On November 28 2024 Ooma Inc was traded for  14.46  at the closing time. The top price for the day was 14.61  and the lowest listed price was  14.38 . There was no trading activity during the period 0.0. Lack of trading volume on November 28, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.83% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
Compare Ooma to competition

Other Forecasting Options for Ooma

For every potential investor in Ooma, whether a beginner or expert, Ooma's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ooma Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ooma. Basic forecasting techniques help filter out the noise by identifying Ooma's price trends.

Ooma Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ooma stock to make a market-neutral strategy. Peer analysis of Ooma could also be used in its relative valuation, which is a method of valuing Ooma by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Ooma Inc Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Ooma's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Ooma's current price.

Ooma Market Strength Events

Market strength indicators help investors to evaluate how Ooma stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ooma shares will generate the highest return on investment. By undertsting and applying Ooma stock market strength indicators, traders can identify Ooma Inc entry and exit signals to maximize returns.

Ooma Risk Indicators

The analysis of Ooma's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Ooma's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ooma stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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 Ooma Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ooma'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 Ooma Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ooma Inc Stock:
Check out Historical Fundamental Analysis of Ooma to cross-verify your projections.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Diversified Telecommunication Services 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 Ooma. If investors know Ooma 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 Ooma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.19)
Revenue Per Share
9.506
Quarterly Revenue Growth
0.099
Return On Assets
(0.02)
Return On Equity
(0.07)
The market value of Ooma Inc is measured differently than its book value, which is the value of Ooma that is recorded on the company's balance sheet. Investors also form their own opinion of Ooma's value that differs from its market value or its book value, called intrinsic value, which is Ooma'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 Ooma's market value can be influenced by many factors that don't directly affect Ooma'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 Ooma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ooma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ooma'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.