Otonomo Technologies Revenue vs. Beta
| OTMOWDelisted Stock | USD 0.02 0.00 0.00% |
For Otonomo Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Otonomo Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Otonomo Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Otonomo Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Otonomo Technologies over time as well as its relative position and ranking within its peers.
Otonomo |
Otonomo Technologies Beta vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Otonomo Technologies's current stock value. Our valuation model uses many indicators to compare Otonomo Technologies value to that of its competitors to determine the firm's financial worth. Otonomo Technologies is regarded second in revenue category among its peers. It is considered to be number one stock in beta category among its peers . The ratio of Revenue to Beta for Otonomo Technologies is about 3,871,968 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Otonomo Technologies by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Otonomo Revenue vs. Competition
Otonomo Technologies is regarded second in revenue category among its peers. Market size based on revenue of Information Technology industry is now estimated at about 1.31 Billion. Otonomo Technologies maintains roughly 6.99 Million in revenue contributing less than 1% to equities under Information Technology industry.
Otonomo Beta vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Otonomo Technologies |
| = | 6.99 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Otonomo Technologies |
| = | 1.81 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Otonomo Beta Comparison
Otonomo Technologies is currently under evaluation in beta category among its peers.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Otonomo Technologies will likely underperform.
Otonomo Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Otonomo Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Otonomo Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Otonomo Technologies' change in net profit over the period of time. It can combine multiple indicators of Otonomo Technologies, 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.
Otonomo Technologies Ltd. provides an automotive data service platform and marketplace that enables car manufacturers, drivers, and service providers to be part of a connected ecosystem. Otonomo Technologies Ltd. was founded in 2015 and is headquartered in Herzliya, Israel. Otonomo Technologies operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 128 people.
Otonomo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Otonomo Technologies. 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 Otonomo Technologies 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 Otonomo Technologies' important profitability drivers and their relationship over time.
Use Otonomo Technologies 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 Otonomo Technologies 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 Otonomo Technologies will appreciate offsetting losses from the drop in the long position's value.Otonomo Technologies Pair Trading
Otonomo Technologies Pair Trading Analysis
The ability to find closely correlated positions to Otonomo Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Otonomo Technologies 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 Otonomo Technologies - 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 Otonomo Technologies to buy it.
The correlation of Otonomo Technologies 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 Otonomo Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Otonomo Technologies 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 Otonomo Technologies 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 Otonomo Technologies position
In addition to having Otonomo Technologies 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?
Run Retail Thematic Idea Now
Retail
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Retail theme has 61 constituents at this time.
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 Retail Theme or any other thematic opportunities.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Otonomo Stock
If you are still planning to invest in Otonomo Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Otonomo Technologies' history and understand the potential risks before investing.
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