Omniab Inc Stock Performance
| OABIW Stock | USD 0.34 0.06 21.43% |
The company holds a Beta of 1.6, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, OmniAb will likely underperform. At this point, OmniAb Inc has a negative expected return of -0.15%. Please make sure to check OmniAb's maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to decide if OmniAb Inc performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days OmniAb Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Stock's forward indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
1 | SG Americas Securities LLC Sells 17,280 Shares of OmniAb, Inc. - Defense World | 07/25/2024 |
2 | Acquisition by Berkman Charles S of 15622 shares of OmniAb subject to Rule 16b-3 | 09/09/2024 |
3 | OmniAb, Inc. Just Reported And Analysts Have Been Cutting Their Estimates - Simply Wall St | 11/15/2024 |
| Begin Period Cash Flow | 33.8 M |
OmniAb |
OmniAb Relative Risk vs. Return Landscape
If you would invest 44.00 in OmniAb Inc on August 29, 2024 and sell it today you would lose (10.00) from holding OmniAb Inc or give up 22.73% of portfolio value over 90 days. OmniAb Inc is currently producing negative expected returns and takes up 9.9367% volatility of returns over 90 trading days. Put another way, 88% of traded stocks are less volatile than OmniAb, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
OmniAb Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for OmniAb's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as OmniAb Inc, and traders can use it to determine the average amount a OmniAb's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0153
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OABIW |
Estimated Market Risk
| 9.94 actual daily | 88 88% of assets are less volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OmniAb is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of OmniAb by adding OmniAb to a well-diversified portfolio.
OmniAb Fundamentals Growth
OmniAb Stock prices reflect investors' perceptions of the future prospects and financial health of OmniAb, and OmniAb fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on OmniAb Stock performance.
| Return On Equity | -0.2 | ||||
| Return On Asset | -0.14 | ||||
| Operating Margin | (4.74) % | ||||
| Revenue | 34.16 M | ||||
| EBITDA | (49.73 M) | ||||
| Net Income | (50.62 M) | ||||
| Total Debt | 25.56 M | ||||
| Book Value Per Share | 2.43 X | ||||
| Cash Flow From Operations | 2.35 M | ||||
| Total Asset | 375.23 M | ||||
| Retained Earnings | (39.37 M) | ||||
| Working Capital | 71.78 M | ||||
About OmniAb Performance
Evaluating OmniAb's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if OmniAb has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if OmniAb has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 303.99 | 270.21 | |
| Return On Tangible Assets | (0.37) | (0.39) | |
| Return On Capital Employed | (0.20) | (0.21) | |
| Return On Assets | (0.13) | (0.14) | |
| Return On Equity | (0.16) | (0.17) |
Things to note about OmniAb Inc performance evaluation
Checking the ongoing alerts about OmniAb for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for OmniAb Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| OmniAb Inc generated a negative expected return over the last 90 days | |
| OmniAb Inc has high historical volatility and very poor performance | |
| OmniAb Inc has some characteristics of a very speculative penny stock | |
| OmniAb Inc has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 34.16 M. Net Loss for the year was (50.62 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Latest headline from news.google.com: OmniAb, Inc. Just Reported And Analysts Have Been Cutting Their Estimates - Simply Wall St |
- Analyzing OmniAb's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether OmniAb's stock is overvalued or undervalued compared to its peers.
- Examining OmniAb's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating OmniAb's management team can have a significant impact on its success or failure. Reviewing the track record and experience of OmniAb's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of OmniAb's stock. These opinions can provide insight into OmniAb's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for OmniAb Stock Analysis
When running OmniAb's price analysis, check to measure OmniAb'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 OmniAb is operating at the current time. Most of OmniAb's value examination focuses on studying past and present price action to predict the probability of OmniAb's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OmniAb's price. Additionally, you may evaluate how the addition of OmniAb to your portfolios can decrease your overall portfolio volatility.