Ooma Inc Stock Alpha and Beta Analysis
| OOMA Stock | USD 14.21 0.41 2.97% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Ooma Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Ooma over a specified time horizon. Remember, high Ooma's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Ooma's market risk premium analysis include:
Beta 0.91 | Alpha 0.73 | Risk 3.69 | Sharpe Ratio 0.22 | Expected Return 0.82 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Ooma |
Ooma Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Ooma market risk premium is the additional return an investor will receive from holding Ooma long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ooma. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Ooma's performance over market.| α | 0.73 | β | 0.91 |
Ooma expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Ooma's Buy-and-hold return. Our buy-and-hold chart shows how Ooma performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Ooma Market Price Analysis
Market price analysis indicators help investors to evaluate how Ooma stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ooma shares will generate the highest return on investment. By understating and applying Ooma stock market price indicators, traders can identify Ooma position entry and exit signals to maximize returns.
Ooma Return and Market Media
The median price of Ooma for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 11.49 with a coefficient of variation of 10.69. The daily time series for the period is distributed with a sample standard deviation of 1.25, arithmetic mean of 11.72, and mean deviation of 0.97. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 1494 shares by Jenny Yeh of Ooma at 10.36 subject to Rule 16b-3 | 09/06/2024 |
2 | Disposition of 4212 shares by Shigeyuki Hamamatsu of Ooma at 11.78 subject to Rule 16b-3 | 09/13/2024 |
3 | THINKIFIC ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS | 09/16/2024 |
4 | Disposition of 701 shares by James Gustke of Ooma at 11.78 subject to Rule 16b-3 | 09/20/2024 |
5 | Disposition of 1252 shares by James Gustke of Ooma at 10.04 subject to Rule 16b-3 | 09/23/2024 |
6 | Disposition of 2464 shares by Shigeyuki Hamamatsu of Ooma at 10.31 subject to Rule 16b-3 | 09/30/2024 |
7 | Ooma Upgraded to Buy What Does It Mean for the Stock | 10/08/2024 |
8 | Nokia Successfully Tests Worlds First 800GbE Trial Stock to Gain | 10/15/2024 |
9 | Will KEYS Stock Benefit From the Expansion of RP7900 Series | 10/16/2024 |
10 | KEYS Enhances Power Efficiency of Pegatron 5Gs O-RU Stock to Gain | 10/21/2024 |
11 | Is Ooma Using Too Much Debt | 11/12/2024 |
12 | ServiceTitan Builds Powerful New UCaaS and CCaaS Solution on Technology Base from 2600Hz, an Ooma Company | 11/19/2024 |
13 | Ooma to Attend the Northland Capital Markets Growth Conference | 11/22/2024 |
About Ooma Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Ooma or other stocks. Alpha measures the amount that position in Ooma Inc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 9.84 | 5.83 | 11.4 | 6.38 | Days Of Inventory On Hand | 68.41 | 122.01 | 80.67 | 52.73 |
Ooma Upcoming Company Events
As portrayed in its financial statements, the presentation of Ooma's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ooma's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Ooma's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Ooma. Please utilize our Beneish M Score to check the likelihood of Ooma's management manipulating its earnings.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 28th of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 7th of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
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Ooma technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.