Odyssey Energy Current Valuation vs. Return On Asset
| ODY Stock | 0.02 0 5.88% |
For Odyssey Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Odyssey Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Odyssey Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Odyssey Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Odyssey Energy over time as well as its relative position and ranking within its peers.
Odyssey |
Odyssey Energy Return On Asset vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Odyssey Energy's current stock value. Our valuation model uses many indicators to compare Odyssey Energy value to that of its competitors to determine the firm's financial worth. Odyssey Energy is rated below average in current valuation category among its peers. It is rated below average 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 Odyssey Energy's earnings, one of the primary drivers of an investment's value.Odyssey Current Valuation vs. Competition
Odyssey Energy is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is now estimated at about 28.73 Billion. Odyssey Energy adds roughly 13.24 Million in current valuation claiming only tiny portion of equities under Energy industry.
Odyssey Return On Asset vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Odyssey Energy |
| = | 13.24 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Odyssey Energy |
| = | -0.11 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Odyssey Return On Asset Comparison
Odyssey Energy is rated below average in return on asset category among its peers.
Odyssey Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Odyssey Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Odyssey Energy will eventually generate negative long term returns. The profitability progress is the general direction of Odyssey Energy's change in net profit over the period of time. It can combine multiple indicators of Odyssey Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 369.2 K | 240.3 K | |
| Operating Income | -2.2 M | -2.3 M | |
| Income Before Tax | -2 M | -2.1 M | |
| Total Other Income Expense Net | 131.5 K | 138.1 K | |
| Net Loss | -2 M | -2.1 M | |
| Income Tax Expense | 131.5 K | 98.6 K | |
| Net Loss | -2 M | -2.1 M | |
| Net Loss | -3.5 M | -3.3 M | |
| Net Interest Income | 131.5 K | 134.2 K | |
| Interest Income | 131.5 K | 134.2 K | |
| Change To Netincome | 255.3 K | 268 K |
Odyssey Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Odyssey Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Odyssey Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Odyssey Energy's important profitability drivers and their relationship over time.
Use Odyssey Energy in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Odyssey Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Odyssey Energy will appreciate offsetting losses from the drop in the long position's value.Odyssey Energy Pair Trading
Odyssey Energy Pair Trading Analysis
The ability to find closely correlated positions to Odyssey Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Odyssey Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Odyssey Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Odyssey Energy to buy it.
The correlation of Odyssey Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Odyssey Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Odyssey Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Odyssey Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Odyssey Energy position
In addition to having Odyssey Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Real Estate ETFs Theme or any other thematic opportunities.
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Additional Tools for Odyssey Stock Analysis
When running Odyssey Energy's price analysis, check to measure Odyssey Energy'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 Odyssey Energy is operating at the current time. Most of Odyssey Energy's value examination focuses on studying past and present price action to predict the probability of Odyssey Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Odyssey Energy's price. Additionally, you may evaluate how the addition of Odyssey Energy to your portfolios can decrease your overall portfolio volatility.