Otonomo Technologies Stock Target Price
| OTMODelisted Stock | USD 0.36 0.00 0.00% |
Otonomo Technologies fundamentals help investors to digest information that contributes to Otonomo Technologies' financial success or failures. It also enables traders to predict the movement of Otonomo Stock. The fundamental analysis module provides a way to measure Otonomo Technologies' 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 Otonomo Technologies stock.
Otonomo |
Otonomo Target Price Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Otonomo Technologies' direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Otonomo Technologies could also be used in its relative valuation, which is a method of valuing Otonomo Technologies by comparing valuation metrics of similar companies.Otonomo Technologies is currently under evaluation in target price category among its peers.
Otonomo Fundamentals
| Return On Equity | -0.51 | |||
| Return On Asset | -0.2 | |||
| Operating Margin | (7.27) % | |||
| Current Valuation | (79.59 M) | |||
| Shares Outstanding | 9.88 M | |||
| Shares Owned By Insiders | 21.52 % | |||
| Shares Owned By Institutions | 42.10 % | |||
| Number Of Shares Shorted | 37.91 K | |||
| Price To Book | 0.48 X | |||
| Price To Sales | 11.77 X | |||
| Revenue | 6.99 M | |||
| Gross Profit | (2.04 M) | |||
| EBITDA | (4.46 M) | |||
| Net Income | (131.07 M) | |||
| Cash And Equivalents | 169.31 M | |||
| Cash Per Share | 1.21 X | |||
| Total Debt | 1.95 M | |||
| Debt To Equity | 0.02 % | |||
| Current Ratio | 8.81 X | |||
| Book Value Per Share | 11.74 X | |||
| Cash Flow From Operations | (56.37 M) | |||
| Short Ratio | 2.00 X | |||
| Earnings Per Share | (7.86) X | |||
| Target Price | 22.5 | |||
| Number Of Employees | 225 | |||
| Beta | 1.7 | |||
| Market Capitalization | 38.74 M | |||
| Total Asset | 148.65 M | |||
| Retained Earnings | (232.13 M) | |||
| Working Capital | 131.87 M | |||
| Z Score | 10.72 | |||
| Net Asset | 148.65 M |
About Otonomo Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Otonomo Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Otonomo Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Otonomo Technologies 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.
Pair Trading with Otonomo Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Otonomo Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Otonomo Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Otonomo Stock
Moving against Otonomo Stock
| 0.89 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.89 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.85 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.82 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.78 | BMA | Banco Macro SA | PairCorr |
The ability to find closely correlated positions to Otonomo Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Otonomo Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Otonomo Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Otonomo Technologies to buy it.
The correlation of Otonomo Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Otonomo Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Otonomo Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Otonomo Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 population. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in Otonomo Stock
If you are still planning to invest in Otonomo Technologies 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 Otonomo Technologies' history and understand the potential risks before investing.
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