Optical Cable Stock Performance
| OCC Stock | USD 2.33 0.02 0.85% |
The company holds a Beta of 0.23, which implies not very significant fluctuations relative to the market. As returns on the market increase, Optical Cable's returns are expected to increase less than the market. However, during the bear market, the loss of holding Optical Cable is expected to be smaller as well. At this point, Optical Cable has a negative expected return of -0.26%. Please make sure to check Optical Cable's daily balance of power, and the relationship between the skewness and day typical price , to decide if Optical Cable performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Optical Cable has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of inconsistent performance in the last few months, the Stock's fundamental indicators remain rather sound which may send shares a bit higher in January 2025. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
Actual Historical Performance (%)
One Day Return 1.09 | Five Day Return 1.09 | Year To Date Return (14.52) | Ten Year Return (46.80) | All Time Return (85.47) |
Last Split Factor 1:8 | Dividend Date 2015-11-20 | Ex Dividend Date 2015-10-28 | Last Split Date 2002-07-31 |
1 | Disposition of 3000 shares by Neil Wilkin of Optical Cable at 3.4 subject to Rule 16b-3 | 09/06/2024 |
2 | Cable Hill Partners LLC Raises Holdings in Netflix, Inc. | 11/14/2024 |
3 | China Wire Cable Third Quarter 2024 Earnings EPS NT1.02 | 11/18/2024 |
4 | As Cable Networks Lose Their Value, Comcast Launches A Separate Unit | 11/20/2024 |
5 | Full Video End of Cable Private Equity in Media and Entertainment at 4th Palm Beach CorpGov Forum | 11/25/2024 |
6 | Orthocell announces Singapore distribution deal | 11/26/2024 |
7 | Breaking Out Regenerative medicine play Orthocells run might just be getting started | 11/27/2024 |
8 | Why the Latest Baltic Sea Cable Evidence Has Wider Implications | 11/29/2024 |
| Begin Period Cash Flow | 215.9 K |
Optical |
Optical Cable Relative Risk vs. Return Landscape
If you would invest 281.00 in Optical Cable on September 3, 2024 and sell it today you would lose (48.00) from holding Optical Cable or give up 17.08% of portfolio value over 90 days. Optical Cable is generating negative expected returns assuming volatility of 2.5075% on return distribution over 90 days investment horizon. In other words, 22% of stocks are less volatile than Optical, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Optical Cable Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Optical Cable's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Optical Cable, and traders can use it to determine the average amount a Optical Cable's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1043
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| Negative Returns | OCC |
Estimated Market Risk
| 2.51 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Optical Cable is not performing at its full potential. However, 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 Optical Cable by adding Optical Cable to a well-diversified portfolio.
Optical Cable Fundamentals Growth
Optical Stock prices reflect investors' perceptions of the future prospects and financial health of Optical Cable, and Optical Cable fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Optical Stock performance.
| Return On Equity | -0.25 | ||||
| Return On Asset | -0.0801 | ||||
| Profit Margin | (0.09) % | ||||
| Operating Margin | (0.08) % | ||||
| Current Valuation | 28.24 M | ||||
| Shares Outstanding | 8.22 M | ||||
| Price To Earning | 4.40 X | ||||
| Price To Book | 0.94 X | ||||
| Price To Sales | 0.30 X | ||||
| Revenue | 72.17 M | ||||
| Gross Profit | 20.51 M | ||||
| EBITDA | 4.31 M | ||||
| Net Income | 2.07 M | ||||
| Cash And Equivalents | 192.29 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 11 M | ||||
| Debt To Equity | 0.55 % | ||||
| Current Ratio | 4.16 X | ||||
| Book Value Per Share | 2.58 X | ||||
| Cash Flow From Operations | (395.68 K) | ||||
| Earnings Per Share | (0.75) X | ||||
| Market Capitalization | 19.52 M | ||||
| Total Asset | 43.88 M | ||||
| Retained Earnings | 9.59 M | ||||
| Working Capital | 27.27 M | ||||
| Current Asset | 26.32 M | ||||
| Current Liabilities | 4.13 M | ||||
About Optical Cable Performance
By analyzing Optical Cable's fundamental ratios, stakeholders can gain valuable insights into Optical Cable's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Optical Cable has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Optical Cable has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 156.52 | 100.23 | |
| Return On Tangible Assets | 0.05 | 0.03 | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | 0.05 | 0.03 | |
| Return On Equity | 0.10 | 0.10 |
Things to note about Optical Cable performance evaluation
Checking the ongoing alerts about Optical Cable for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Optical Cable help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Optical Cable generated a negative expected return over the last 90 days | |
| Optical Cable has about 192.29 K in cash with (395.68 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Optical Cable has a poor financial position based on the latest SEC disclosures | |
| Roughly 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from oilprice.com: Why the Latest Baltic Sea Cable Evidence Has Wider Implications |
- Analyzing Optical Cable's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Optical Cable's stock is overvalued or undervalued compared to its peers.
- Examining Optical Cable's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Optical Cable's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Optical Cable's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Optical Cable's stock. These opinions can provide insight into Optical Cable's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Optical Stock analysis
When running Optical Cable's price analysis, check to measure Optical Cable'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 Optical Cable is operating at the current time. Most of Optical Cable's value examination focuses on studying past and present price action to predict the probability of Optical Cable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optical Cable's price. Additionally, you may evaluate how the addition of Optical Cable to your portfolios can decrease your overall portfolio volatility.
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