OncoCyte Return On Equity from 2010 to 2024

OCX Stock  USD 2.44  0.09  3.56%   
OncoCyte Corp Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to -1.14 in 2024. Return On Equity is a measure of the profitability of OncoCyte Corp in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(1.09)
Current Value
(1.14)
Quarterly Volatility
2.02714322
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OncoCyte Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OncoCyte Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 49.4 K or Selling General Administrative of 11.2 M, as well as many indicators such as Price To Sales Ratio of 12.09, Dividend Yield of 0.0015 or PTB Ratio of 0.71. OncoCyte financial statements analysis is a perfect complement when working with OncoCyte Corp Valuation or Volatility modules.
  
Check out the analysis of OncoCyte Corp Correlation against competitors.
For more information on how to buy OncoCyte Stock please use our How to Invest in OncoCyte Corp guide.

Latest OncoCyte Corp's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of OncoCyte Corp over the last few years. Return on Equity is the amount of OncoCyte Corp net income returned as a percentage of OncoCyte Corp equity. Return on equity measures OncoCyte Corp profitability by revealing how much profit OncoCyte Corp generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. OncoCyte Corp's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in OncoCyte Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -1.6510 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

OncoCyte Return On Equity Regression Statistics

Arithmetic Mean(1.14)
Geometric Mean1.38
Coefficient Of Variation(177.13)
Mean Deviation1.03
Median(0.97)
Standard Deviation2.03
Sample Variance4.11
Range9.2449
R-Value(0.22)
Mean Square Error4.21
R-Squared0.05
Significance0.43
Slope(0.1)
Total Sum of Squares57.53

OncoCyte Return On Equity History

2024 -1.14
2023 -1.09
2022 -2.14
2021 -0.98
2020 -0.89
2019 -0.72
2018 -4.6

About OncoCyte Corp Financial Statements

OncoCyte Corp investors use historical fundamental indicators, such as OncoCyte Corp's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in OncoCyte Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(1.09)(1.14)

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Additional Tools for OncoCyte Stock Analysis

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