Omega Flex Stock Price on November 22, 2024

OFLX Stock  USD 49.24  0.26  0.53%   
Below is the normalized historical share price chart for Omega Flex extending back to August 01, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Omega Flex stands at 49.24, as last reported on the 28th of November, with the highest price reaching 49.85 and the lowest price hitting 48.80 during the day.
IPO Date
1st of August 2005
200 Day MA
57.9941
50 Day MA
50.6304
Beta
0.388
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Omega Stock, it is important to understand the factors that can impact its price. At this stage we consider Omega Stock to be very steady. Omega Flex maintains Sharpe Ratio (i.e., Efficiency) of 0.0472, which implies the firm had a 0.0472% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Omega Flex, which you can use to evaluate the volatility of the company. Please check Omega Flex's Risk Adjusted Performance of 0.0476, semi deviation of 1.65, and Coefficient Of Variation of 1853.14 to confirm if the risk estimate we provide is consistent with the expected return of 0.0976%.
  
Stock Based Compensation To Revenue is likely to rise to 0 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 39.9 M in 2024. . At this time, Omega Flex's Price To Operating Cash Flows Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to rise to 57.98 in 2024, whereas Price To Sales Ratio is likely to drop 3.84 in 2024. Omega Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0472

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Estimated Market Risk

 2.07
  actual daily
18
82% of assets are more volatile

Expected Return

 0.1
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Omega Flex is performing at about 3% 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 Omega Flex by adding it to a well-diversified portfolio.
Price Book
6.0953
Enterprise Value Ebitda
19.8853
Price Sales
4.8321
Shares Float
3.5 M
Dividend Share
1.34

Related Headline

Hurco Companies Headline on 22nd of November 2024

Filed transaction by Hurco Companies 10 Percent Owner. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Omega Flex Valuation on November 22, 2024

It is possible to determine the worth of Omega Flex on a given historical date. On November 22, 2024 Omega was worth 49.78 at the beginning of the trading date compared to the closed value of 50.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Omega Flex stock. Still, in general, we apply an absolute valuation method to find Omega Flex's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Omega Flex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Omega Flex's related companies.
 Open High Low Close Volume
  49.56    50.00    48.61    48.74    17,512  
11/22/2024
  49.78    50.80    49.20    50.46    18,708  
  51.55    52.05    50.23    50.23    14,065  
Backtest Omega Flex  |  Omega Flex History  |  Omega Flex Valuation   PreviousNext  
Open Value
49.78
50.46
Closing Value
55.99
Upside

Omega Flex Trading Date Momentum on November 22, 2024

On November 25 2024 Omega Flex was traded for  50.23  at the closing time. The top price for the day was 52.05  and the lowest listed price was  50.23 . The trading volume for the day was 14.1 K. The trading history from November 25, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.46% . The trading delta at closing time against the current closing price is 1.94% .

Omega Flex Fundamentals Correlations and Trends

By evaluating Omega Flex's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Omega Flex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Omega financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Omega Flex Stock history

Omega Flex investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Omega is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Omega Flex will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Omega Flex stock prices may prove useful in developing a viable investing in Omega Flex
Last ReportedProjected for Next Year
Common Stock Shares Outstanding9.1 M8.1 M
Net Income Applicable To Common Shares27.2 M28.5 M

Omega Flex Quarterly Net Working Capital

65.89 Million

Omega Flex Stock Technical Analysis

Omega Flex technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Omega Flex technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Omega Flex trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Omega Flex Period Price Range

Low
November 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Omega Flex cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Omega Flex November 28, 2024 Market Strength

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

Omega Flex Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Omega Flex's price direction in advance. Along with the technical and fundamental analysis of Omega Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Omega to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Omega Stock Analysis

When running Omega Flex's price analysis, check to measure Omega Flex'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 Omega Flex is operating at the current time. Most of Omega Flex's value examination focuses on studying past and present price action to predict the probability of Omega Flex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omega Flex's price. Additionally, you may evaluate how the addition of Omega Flex to your portfolios can decrease your overall portfolio volatility.