Oneconnect Financial Technology Stock Performance
| OCFT Stock | USD 2.31 0.09 4.05% |
Oneconnect Financial holds a performance score of 9 on a scale of zero to a hundred. The company holds a Beta of 0.98, which implies possible diversification benefits within a given portfolio. Oneconnect Financial returns are very sensitive to returns on the market. As the market goes up or down, Oneconnect Financial is expected to follow. Use Oneconnect Financial potential upside, and the relationship between the total risk alpha and kurtosis , to analyze future returns on Oneconnect Financial.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Oneconnect Financial Technology are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain technical and fundamental indicators, Oneconnect Financial unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 2.6 | Five Day Return 10.51 | Year To Date Return (21.43) | Ten Year Return (97.63) | All Time Return (97.63) |
Last Split Factor 1:10 | Last Split Date 2022-12-12 |
1 | 12 Information Technology Stocks Moving In Mondays Intraday Session - Benzinga | 10/07/2024 |
2 | OneConnect Financial Technology Scheduled to Post Quarterly Earnings on Thursday - MarketBeat | 11/07/2024 |
3 | Financial OneConnect Stock Surges Amid Positive Buy Ratings | 11/20/2024 |
| Begin Period Cash Flow | 1.9 B |
Oneconnect |
Oneconnect Financial Relative Risk vs. Return Landscape
If you would invest 138.00 in Oneconnect Financial Technology on August 27, 2024 and sell it today you would earn a total of 93.00 from holding Oneconnect Financial Technology or generate 67.39% return on investment over 90 days. Oneconnect Financial Technology is currently generating 1.467% in daily expected returns and assumes 12.3065% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Oneconnect, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Oneconnect Financial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oneconnect Financial's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Oneconnect Financial Technology, and traders can use it to determine the average amount a Oneconnect Financial'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 = 0.1192
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| Average Returns | OCFT | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 12.31 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.47 actual daily | 29 71% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Oneconnect Financial is performing at about 9% of its full potential. 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 Oneconnect Financial by adding it to a well-diversified portfolio.
Oneconnect Financial Fundamentals Growth
Oneconnect Stock prices reflect investors' perceptions of the future prospects and financial health of Oneconnect Financial, and Oneconnect Financial 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 Oneconnect Stock performance.
| Return On Equity | -0.11 | ||||
| Return On Asset | -0.0338 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | (0.07) % | ||||
| Current Valuation | (162.91 M) | ||||
| Shares Outstanding | 39 M | ||||
| Price To Earning | (12.84) X | ||||
| Price To Book | 0.21 X | ||||
| Price To Sales | 0.03 X | ||||
| Revenue | 3.67 B | ||||
| Gross Profit | 1.64 B | ||||
| EBITDA | (140.84 M) | ||||
| Net Income | (361.71 M) | ||||
| Cash And Equivalents | 3.33 B | ||||
| Cash Per Share | 8.55 X | ||||
| Total Debt | 357.33 M | ||||
| Debt To Equity | 0.12 % | ||||
| Current Ratio | 1.22 X | ||||
| Book Value Per Share | 2.69 X | ||||
| Cash Flow From Operations | (648.46 M) | ||||
| Earnings Per Share | (1.18) X | ||||
| Market Capitalization | 114.35 M | ||||
| Total Asset | 8.07 B | ||||
| Retained Earnings | (7.87 B) | ||||
| Working Capital | 285.89 M | ||||
| Current Asset | 7.42 B | ||||
| Current Liabilities | 5.09 B | ||||
About Oneconnect Financial Performance
Assessing Oneconnect Financial's fundamental ratios provides investors with valuable insights into Oneconnect Financial's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Oneconnect Financial is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (80.20) | (84.20) | |
| Return On Tangible Assets | (0.05) | (0.05) | |
| Return On Capital Employed | (0.12) | (0.13) | |
| Return On Assets | (0.04) | (0.05) | |
| Return On Equity | (0.12) | (0.12) |
Things to note about Oneconnect Financial performance evaluation
Checking the ongoing alerts about Oneconnect Financial for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Oneconnect Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Oneconnect Financial is way too risky over 90 days horizon | |
| Oneconnect Financial appears to be risky and price may revert if volatility continues | |
| Oneconnect Financial has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 3.67 B. Net Loss for the year was (361.71 M) with profit before overhead, payroll, taxes, and interest of 1.64 B. | |
| Oneconnect Financial Technology currently holds about 3.33 B in cash with (648.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.55, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Oneconnect Financial has a very weak financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: Financial OneConnect Stock Surges Amid Positive Buy Ratings |
- Analyzing Oneconnect Financial'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 Oneconnect Financial's stock is overvalued or undervalued compared to its peers.
- Examining Oneconnect Financial'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 Oneconnect Financial's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Oneconnect Financial's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Oneconnect Financial's stock. These opinions can provide insight into Oneconnect Financial's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Oneconnect Stock Analysis
When running Oneconnect Financial's price analysis, check to measure Oneconnect Financial'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 Oneconnect Financial is operating at the current time. Most of Oneconnect Financial's value examination focuses on studying past and present price action to predict the probability of Oneconnect Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oneconnect Financial's price. Additionally, you may evaluate how the addition of Oneconnect Financial to your portfolios can decrease your overall portfolio volatility.