Ostin Technology Group Stock Beta
| OST Stock | USD 0.22 0.01 4.76% |
Ostin Technology Group fundamentals help investors to digest information that contributes to Ostin Technology's financial success or failures. It also enables traders to predict the movement of Ostin Stock. The fundamental analysis module provides a way to measure Ostin Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ostin Technology stock.
Ostin | Beta |
Ostin Technology Group Company Beta Analysis
Ostin Technology's 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.
Current Ostin Technology Beta | 1.25 |
Most of Ostin Technology's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ostin Technology Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ostin Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Ostin Technology is extremely important. It helps to project a fair market value of Ostin Stock properly, considering its historical fundamentals such as Beta. Since Ostin Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ostin Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ostin Technology's interrelated accounts and indicators.
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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.
| Competition |
In accordance with the recently published financial statements, Ostin Technology Group has a Beta of 1.253. This is 18.21% higher than that of the Electronic Equipment, Instruments & Components sector and 34.74% lower than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
Ostin Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ostin Technology's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ostin Technology could also be used in its relative valuation, which is a method of valuing Ostin Technology by comparing valuation metrics of similar companies.Ostin Technology is currently under evaluation in beta category among its peers.
Ostin Technology Institutional Holders
Institutional Holdings refers to the ownership stake in Ostin Technology that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ostin Technology's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ostin Technology's value.| Shares | Citadel Advisors Llc | 2024-09-30 | 19.7 K | Xtx Topco Ltd | 2024-09-30 | 18.1 K | Two Sigma Securities, Llc | 2024-06-30 | 17.4 K | Renaissance Technologies Corp | 2024-09-30 | 14.9 K | Ubs Group Ag | 2024-06-30 | 10 K | Td Waterhouse Canada Inc | 2024-06-30 | 900 |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ostin Technology will likely underperform.
Ostin Fundamentals
| Return On Equity | -0.67 | ||||
| Return On Asset | -0.1 | ||||
| Profit Margin | (0.28) % | ||||
| Operating Margin | (0.26) % | ||||
| Current Valuation | 28.35 M | ||||
| Shares Outstanding | 16.49 M | ||||
| Shares Owned By Insiders | 53.13 % | ||||
| Shares Owned By Institutions | 0.36 % | ||||
| Number Of Shares Shorted | 214.69 K | ||||
| Price To Earning | 4.87 X | ||||
| Price To Book | 0.34 X | ||||
| Price To Sales | 0.09 X | ||||
| Revenue | 57.53 M | ||||
| Gross Profit | 12.61 M | ||||
| EBITDA | (6.4 M) | ||||
| Net Income | (11.01 M) | ||||
| Cash And Equivalents | 3.53 M | ||||
| Cash Per Share | 0.34 X | ||||
| Total Debt | 25.68 M | ||||
| Debt To Equity | 1.98 % | ||||
| Current Ratio | 0.89 X | ||||
| Book Value Per Share | 0.61 X | ||||
| Cash Flow From Operations | (2.59 M) | ||||
| Short Ratio | 0.71 X | ||||
| Earnings Per Share | (0.71) X | ||||
| Number Of Employees | 175 | ||||
| Beta | 1.25 | ||||
| Market Capitalization | 3.49 M | ||||
| Total Asset | 56.55 M | ||||
| Retained Earnings | (8.47 M) | ||||
| Working Capital | (16.09 M) | ||||
| Net Asset | 56.55 M |
About Ostin Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ostin Technology Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ostin Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ostin Technology Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Ostin Stock Analysis
When running Ostin Technology's price analysis, check to measure Ostin Technology'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 Ostin Technology is operating at the current time. Most of Ostin Technology's value examination focuses on studying past and present price action to predict the probability of Ostin Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ostin Technology's price. Additionally, you may evaluate how the addition of Ostin Technology to your portfolios can decrease your overall portfolio volatility.