Octodec Financials
| OCT Stock | 1,197 1.00 0.08% |
Octodec |
Understanding current and past Octodec Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Octodec's financial statements are interrelated, with each one affecting the others. For example, an increase in Octodec's assets may result in an increase in income on the income statement.
Please note, the presentation of Octodec's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Octodec's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Octodec's management manipulating its earnings.
| Foreign Associate | UK |
| Instrument | South Africa Stock View All |
| Exchange | Johannesburg Exchange |
| ISIN | ZAE000192258 |
| Business Address | CPA House, Tshwane, |
| Sector | Real Estate |
| Industry | REIT-Diversified |
| Benchmark | Dow Jones Industrial |
| Website | www.octodec.co.za |
| Phone | 27 12 319 8781 |
You should never invest in Octodec without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Octodec Stock, because this is throwing your money away. Analyzing the key information contained in Octodec's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Octodec Key Financial Ratios
There are many critical financial ratios that Octodec's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Octodec reports annually and quarterly.| Return On Equity | 0.0984 | |||
| Return On Asset | 0.0465 | |||
| Target Price | 20.97 | |||
| Number Of Employees | 447 | |||
| Beta | 0.96 |
Octodec Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Octodec's current stock value. Our valuation model uses many indicators to compare Octodec value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Octodec competition to find correlations between indicators driving Octodec's intrinsic value. More Info.Octodec is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Octodec is roughly 2.12 . 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 Octodec's earnings, one of the primary drivers of an investment's value.Octodec Systematic Risk
Octodec's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Octodec volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Octodec correlated with the market. If Beta is less than 0 Octodec generally moves in the opposite direction as compared to the market. If Octodec Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Octodec is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Octodec is generally in the same direction as the market. If Beta > 1 Octodec moves generally in the same direction as, but more than the movement of the benchmark.
Octodec December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Octodec help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Octodec. We use our internally-developed statistical techniques to arrive at the intrinsic value of Octodec based on widely used predictive technical indicators. In general, we focus on analyzing Octodec Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Octodec's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.39 | |||
| Information Ratio | 0.0149 | |||
| Maximum Drawdown | 9.0 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 2.62 |
Complementary Tools for Octodec Stock analysis
When running Octodec's price analysis, check to measure Octodec'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 Octodec is operating at the current time. Most of Octodec's value examination focuses on studying past and present price action to predict the probability of Octodec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Octodec's price. Additionally, you may evaluate how the addition of Octodec to your portfolios can decrease your overall portfolio volatility.
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