Ondas Holdings Inc. Q3 2024 Earnings Call Transcript

ONDS Stock  USD 0.80  0.02  2.44%   
Slightly above 58% of Ondas Holdings' investor base is looking to short. The analysis of overall sentiment of trading Ondas Holdings stock suggests that many investors are alarmed at this time. Ondas Holdings' investing sentiment can be driven by a variety of factors including economic data, Ondas Holdings' earnings reports, geopolitical events, and overall market trends.
  
Operator Welcome to the Ondas Holdings Inc., Third Quarter 2024 Conference Call. All participants will be in listen-only mode.

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Ondas Holdings Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Ondas Holdings can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Ondas Holdings Fundamental Analysis

We analyze Ondas Holdings' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ondas Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ondas Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Probability Of Bankruptcy

Probability Of Bankruptcy Comparative Analysis

Ondas Holdings is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Ondas Holdings Potential Pair-trading

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 Ondas Holdings stock to make a market-neutral strategy. Peer analysis of Ondas Holdings could also be used in its relative valuation, which is a method of valuing Ondas Holdings by comparing valuation metrics with similar companies.

Peers

Ondas Holdings Related Equities

ELSTElectronic Systems   9.09   
0%
95.0%
KVHIKVH Industries   1.57   
0%
16.0%
FKWLFranklin Wireless   1.18   
0%
12.0%
FEIMFrequency Electronics   0.58   
0%
6.0%
DGIIDigi International   0.72   
7.0%
0%
CMTLComtech Telecommunicatio   0.81   
8.0%
0%
ITRNIturan Location   0.94   
9.0%
0%
KNKnowles Cor   1.29   
13.0%
0%
SATXSatixFy Communications   2.22   
23.0%
0%
ASNSActelis Networks   3.15   
33.0%
0%
CAMPCAMP4 THERAPEUTICS   4.34   
45.0%
0%
TSATTelesat Corp   4.67   
49.0%
0%
SONMSonim Technologies   6.02   
63.0%
0%
SYTASiyata Mobile   8.43   
88.0%
0%
MOBBWMobilicom Limited   9.52   
100.0%
0%

Additional Tools for Ondas Stock Analysis

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