Omnilit Competitors

Delisted . USA . 
Stock . Omnilit Acquisition Corp
OLITDelisted Stock  USD 10.49  0.00  0.00%   
Omnilit Acquisition Corp competes with DP Cap, Oak Woods, Insight Acquisition, ClimateRock, and Insight Acquisition; as well as few others. The company conducts business under Capital Markets sector and is part of Financials industry. Analyzing Omnilit Acquisition competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Omnilit Acquisition to its intrinsic valuation because they are able to contrast its competitors on a relative basis. 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 gross domestic product.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Omnilit Acquisition competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
10.4910.4910.49
Details
Intrinsic
Valuation
LowRealHigh
8.878.8711.54
Details
Naive
Forecast
LowNextHigh
10.5110.5110.51
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.4110.4710.53
Details

Omnilit Acquisition Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Omnilit Acquisition and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of Omnilit and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Omnilit Acquisition Corp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
CLRC
+ 0.83
OAKUU
CLRC
+ 0.7
OCAX
CLRC
+ 0.68
DPCS
OAKUU
+ 0.67
OCAX
DHAC
+ 0.56
OAKUU
DHAC
+ 0.54
OCAX
  
High negative correlations   
INAQ
- 0.53
DPCS
DHAC
- 0.41
INAQ
KWAC
- 0.37
OCAX
DHAC
- 0.29
KWAC
KWACW
- 0.29
CNDB
KWAC
- 0.28
CNDB

Risk-Adjusted Indicators

There is a big difference between Omnilit Stock performing well and Omnilit Acquisition Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Omnilit Acquisition's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Omnilit Acquisition Competitive Analysis

The better you understand Omnilit Acquisition competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Omnilit Acquisition's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Omnilit Acquisition's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
OLIT CNDB DPCS OCAX OAKUU KWACW INAQ KWAC CLRC DHAC
 0.00 
 10.49 
Omnilit
 0.00 
 10.40 
Concord
 0.00 
 12.60 
DPCS
 0.45 
 11.10 
OCA
 1.14 
 11.50 
Oak
 0.00 
 0.01 
Kingswood
 13.64 
 12.50 
Insight
 0.00 
 10.80 
Kingswood
 0.00 
 11.65 
ClimateRock
 3.12 
 12.11 
Digital
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Not too volatile
Very steady
Very steady
Very steady
Slightly risky
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
OK
Very Weak
Insignificant
Very Weak
Insignificant
Very Weak
Good
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Dangerous
Dangerous
Dangerous
Dangerous
Quite High
Dangerous
High
Dangerous
Low
Dangerous
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Not Rated
Not Rated
Strong Sell
Not Rated
Sell
Not Rated
Strong Sell
Not Rated
Hold
Not Rated
Current Ratio
3.27
6.65
14.06
0.02
N/A
N/A
5.15
0.08
1.32
0.07
Net Asset
14.27 M
42.73 M
44.72 M
42.29 M
61.2 M
118.83 M
12.35 M
119.6 M
28.57 M
1.37 M
EBITDA
(787.64 K)
(4.87 M)
3.79 M
(3.18 M)
N/A
N/A
76.3 K
(1.21 M)
2.13 M
(2.59 M)
Current Valuation
52.19 M
126.18 M
95.69 M
78.36 M
88.06 M
N/A
81.62 M
47.46 M
56.96 M
46.49 M
Price To Book
N/A
4.52
25.49
4.21
N/A
N/A
3.81
5.92
2.5
N/A
Retained Earnings
(265.62 K)
(14.49 M)
(13.34 M)
(14.16 M)
(636.35 K)
N/A
(11.5 M)
N/A
(5.58 M)
(12.82 M)
Beta
N/A
-0.001
0.029
-0.007
N/A
N/A
-0.019
N/A
-0.001
0.24
Number Of Employees
3
2
3
2
N/A
3
N/A
3
N/A
2
Shares Outstanding
5.35 M
12.57 M
7.25 M
3.3 M
N/A
N/A
5.62 M
1.46 M
4.55 M
3.6 M
Cash Flow From Operations
(644.47 K)
(2.68 M)
(536.66 K)
(511.72 K)
(650.77 K)
N/A
(2.91 M)
(619.36 K)
(1.41 M)
(962.04 K)
Total Debt
N/A
35 K
4.6 M
3.33 M
2.84 M
N/A
12.49 M
390.71 K
2.13 M
4.26 M
Return On Equity
N/A
N/A
N/A
N/A
0.0124
N/A
N/A
N/A
N/A
N/A
Z Score
-0.2
N/A
N/A
N/A
N/A
N/A
N/A
71.4
N/A
N/A
Return On Asset
-0.0061
-0.0152
-0.0269
-0.0546
-0.0249
N/A
-0.12
-0.0063
-0.0475
-0.35
Number Of Shares Shorted
1.29 K
7.07 K
416
8.11 K
1
N/A
9.31 K
6.92 K
138
7.91 K
Book Value Per Share
-0.18
-1.15
-1.36
-2.27
7.75
-0.47
-1.57
-1.64
-1.2
-3.67
Total Asset
14.27 M
42.73 M
44.72 M
42.29 M
61.2 M
118.83 M
12.35 M
119.6 M
28.57 M
1.37 M
Short Ratio
0.26
0.24
0.48
0.63
N/A
N/A
1.13
2.36
0.03
3.25
Debt To Equity
N/A
8.59
5.5
4.71
N/A
N/A
N/A
N/A
N/A
7.49
Shares Owned By Institutions
26.46
34.83
64.14
90.65
3.47
N/A
7.33
90.86
46.95
15.25
Market Capitalization
51.82 M
126.17 M
91.35 M
74.5 M
N/A
N/A
81.49 M
46.85 M
53.03 M
41.69 M
Price To Earning
N/A
N/A
N/A
27.35
N/A
N/A
N/A
6.6
N/A
N/A
Net Income
847.62 K
(2 M)
3.79 M
(2.48 M)
1.31 M
N/A
(651.14 K)
(445.74 K)
483.43 K
(4.41 M)
Earnings Per Share
-0.04
-0.09
0.01
-0.28
N/A
N/A
-0.46
0.65
-0.4
-0.9
Shares Owned By Insiders
N/A
N/A
N/A
N/A
0.3
N/A
N/A
N/A
50.4
80.63
Working Capital
143.63 K
(6.98 M)
(692.82 K)
(8.09 M)
(382.2 K)
N/A
(3.57 M)
N/A
(3.17 M)
(7.98 M)
Cash And Equivalents
190.01 K
541.12 K
1.19 M
178
N/A
N/A
126.5 K
139.93 K
299.4 K
44.97 K
Cash Per Share
0.01
0.01
0.04
N/A
N/A
N/A
N/A
0.03
0.03
0.01
Day Typical Price
10.49
10.41
12.6
11.08
11.49
0.0082
12.73
10.8
11.65
13.01
Accumulation Distribution
N/A
0.0019
N/A
0.0045
0.0121
N/A
0.0684
N/A
N/A
0.28
Market Facilitation Index
N/A
0.02
N/A
0.05
0.14
N/A
0.91
N/A
N/A
4.47
Daily Balance Of Power
0.0
N/A
0.0
1.0
0.9286
0.0
1.648352
0.0
0.0
(0.09)
Period Momentum Indicator
N/A
N/A
N/A
0.05
0.13
N/A
1.5
N/A
N/A
(0.39)
Rate Of Daily Change
1.0
1.0
1.0
1.0
1.01
1.0
1.14
1.0
1.0
0.97
Day Median Price
10.49
10.41
12.6
11.08
11.48
0.0082
12.85
10.8
11.65
13.46
Price Action Indicator
N/A
(0.01)
N/A
0.05
0.085
N/A
0.4
N/A
N/A
(1.54)
Relative Strength Index
97.97
99.46
42.19
29.65
100.0
40.31
94.32
91.5
100.0
56.91
Coefficient Of Variation
643.79
(4,626)
1046.48
2146.72
1757.64
559.31
1782.02
1963.2
521.24
2491.84
Mean Deviation
0.1331
0.0345
0.6143
0.3146
0.3736
54.1
2.49
0.402
0.025
3.71
Jensen Alpha
0.0243
(0.01)
0.1949
0.0189
0.0384
19.14
0.4229
0.0375
0.0044
0.1668
Total Risk Alpha
(0.01)
(0.02)
(0.12)
(0.07)
(0.11)
2.31
(0.54)
(0.16)
(0.01)
(0.71)
Sortino Ratio
(0.18)
N/A
0.0168
(0.14)
N/A
0.4667
0.0214
N/A
N/A
0.0185
Downside Variance
0.2603
N/A
5.8
0.5574
N/A
1715.73
58.94
N/A
N/A
35.01
Standard Deviation
0.2565
0.0664
1.79
0.5319
0.9501
108.85
5.25
1.37
0.0682
5.98
Kurtosis
6.13
2.66
31.68
3.51
16.83
25.97
8.07
21.97
30.54
3.12
Potential Upside
0.6718
0.0963
0.6987
0.8212
1.44
161.33
8.82
1.89
N/A
11.52
Treynor Ratio
0.6445
0.8052
(0.57)
(0.43)
0.9374
7.49
(0.25)
0.3223
(0.28)
0.438
Maximum Drawdown
1.74
0.3846
17.65
3.26
8.58
749.43
38.96
10.08
0.4329
39.15
Variance
0.0658
0.0044
3.19
0.2829
0.9027
11847.72
27.57
1.88
0.0047
35.79
Market Risk Adjusted Performance
0.6545
0.8152
(0.56)
(0.42)
0.9474
7.5
(0.24)
0.3323
(0.27)
0.448
Risk Adjusted Performance
0.0989
(0.12)
0.0788
0.0312
0.0454
0.1466
0.0514
0.0434
0.0446
0.0394
Skewness
0.8298
(0.56)
4.18
0.3855
(1.75)
4.61
(0.92)
(0.88)
5.54
0.3762
Semi Deviation
0.0
N/A
0.7516
0.4168
N/A
29.83
4.54
N/A
N/A
4.64
Information Ratio
(0.35)
(1.99)
0.0226
(0.20)
(0.08)
0.1776
0.0313
(0.04)
(1.72)
0.0183
Value At Risk
(0.19)
(0.1)
(0.55)
(1.07)
(0.87)
(62.22)
(5.60)
N/A
N/A
(8.60)
Expected Short fall
(0.44)
N/A
(1.71)
(0.48)
N/A
(98.40)
(3.56)
N/A
N/A
(6.36)
Downside Deviation
0.5102
N/A
2.41
0.7466
N/A
41.42
7.68
N/A
N/A
5.92
Semi Variance
(0.02)
N/A
0.565
0.1737
N/A
889.58
20.66
N/A
N/A
21.54

Omnilit Acquisition Competition Performance Charts

Five steps to successful analysis of Omnilit Acquisition Competition

Omnilit Acquisition's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Omnilit Acquisition Corp in relation to its competition. Omnilit Acquisition's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Omnilit Acquisition in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Omnilit Acquisition's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Omnilit Acquisition Corp, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Omnilit Acquisition position

In addition to having Omnilit Acquisition 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 Consumer Staples ETFs Thematic Idea Now

Consumer Staples ETFs
Consumer Staples ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Consumer Staples ETFs theme has 13 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 Consumer Staples ETFs 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 gross domestic product.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Other Consideration for investing in Omnilit Stock

If you are still planning to invest in Omnilit Acquisition Corp 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 Omnilit Acquisition's history and understand the potential risks before investing.
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