Oculus VisionTech Book Value Per Share vs. Beta

OVT Stock  CAD 0.07  0.01  7.69%   
Considering the key profitability indicators obtained from Oculus VisionTech's historical financial statements, Oculus VisionTech may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess Oculus VisionTech's ability to earn profits and add value for shareholders.
 
Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
(0.001)
Current Value
(0)
Quarterly Volatility
0.03306587
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Oculus VisionTech's Price To Sales Ratio is fairly stable compared to the past year. Days Sales Outstanding is likely to climb to 134.20 in 2024, despite the fact that Operating Cash Flow Sales Ratio is likely to grow to (186.34). At this time, Oculus VisionTech's Total Other Income Expense Net is fairly stable compared to the past year. Net Interest Income is likely to climb to about 12.3 K in 2024, despite the fact that Operating Income is likely to grow to (572.8 K).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.540.83
Way Down
Pretty Stable
For Oculus VisionTech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Oculus VisionTech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Oculus VisionTech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Oculus VisionTech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Oculus VisionTech over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Oculus VisionTech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oculus VisionTech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oculus VisionTech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Oculus VisionTech Beta vs. Book Value Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Oculus VisionTech's current stock value. Our valuation model uses many indicators to compare Oculus VisionTech value to that of its competitors to determine the firm's financial worth.
Oculus VisionTech is considered to be number one stock in book value per share category among its peers. It also is considered to be number one stock in beta category among its peers . At this time, Oculus VisionTech's Book Value Per Share is fairly stable compared to the past year. 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 Oculus VisionTech's earnings, one of the primary drivers of an investment's value.

Oculus Beta vs. Book Value Per Share

Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Oculus VisionTech

Book Value per Share

 = 

Common Equity

Average Shares

 = 
(0) X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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.

Oculus VisionTech

Beta

 = 

Covariance

Variance

 = 
1.53
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.

Oculus Beta Comparison

Oculus VisionTech 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, Oculus VisionTech will likely underperform.

Oculus VisionTech Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Oculus VisionTech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Oculus VisionTech will eventually generate negative long term returns. The profitability progress is the general direction of Oculus VisionTech's change in net profit over the period of time. It can combine multiple indicators of Oculus VisionTech, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income-32.9 K-31.2 K
Operating Income-602.9 K-572.8 K
Income Before Tax-591.2 K-561.7 K
Total Other Income Expense Net372.7 K391.4 K
Net Loss-591.2 K-620.8 K
Income Tax Expense-210.3 K-199.8 K
Net Loss-591.2 K-620.8 K
Net Loss-1.5 M-1.4 M
Net Interest Income11.7 K12.3 K
Interest Income11.7 K12.3 K
Change To Netincome-20.2 K-21.3 K
Net Loss(0.01)(0.01)
Income Quality 0.90  0.72 
Net Income Per E B T 0.62  0.65 

Oculus Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Oculus VisionTech. 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 Oculus VisionTech 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 Oculus VisionTech's important profitability drivers and their relationship over time.

Use Oculus VisionTech 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 Oculus VisionTech 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 Oculus VisionTech will appreciate offsetting losses from the drop in the long position's value.

Oculus VisionTech Pair Trading

Oculus VisionTech Pair Trading Analysis

The ability to find closely correlated positions to Oculus VisionTech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oculus VisionTech 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 Oculus VisionTech - 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 Oculus VisionTech to buy it.
The correlation of Oculus VisionTech 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 Oculus VisionTech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oculus VisionTech 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 Oculus VisionTech 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Oculus VisionTech position

In addition to having Oculus VisionTech 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.

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Absolute Returns ETFs Theme
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Additional Tools for Oculus Stock Analysis

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