OmniAb Cash Flow From Operations vs. Beta
| OABIW Stock | USD 0.34 0.04 13.33% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.52 | 0.65 |
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For OmniAb profitability analysis, we use financial ratios and fundamental drivers that measure the ability of OmniAb to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well OmniAb Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between OmniAb's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of OmniAb Inc over time as well as its relative position and ranking within its peers.
OmniAb |
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OmniAb. If investors know OmniAb will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OmniAb listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.202 | Quarterly Revenue Growth (0.24) | Return On Assets (0.14) | Return On Equity (0.20) |
The market value of OmniAb Inc is measured differently than its book value, which is the value of OmniAb that is recorded on the company's balance sheet. Investors also form their own opinion of OmniAb's value that differs from its market value or its book value, called intrinsic value, which is OmniAb's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OmniAb's market value can be influenced by many factors that don't directly affect OmniAb's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OmniAb's value and its price as these two are different measures arrived at by different means. Investors typically determine if OmniAb is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OmniAb's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
OmniAb Inc Beta vs. Cash Flow From Operations Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining OmniAb's current stock value. Our valuation model uses many indicators to compare OmniAb value to that of its competitors to determine the firm's financial worth. OmniAb Inc is considered to be number one stock in cash flow from operations category among its peers. It is regarded fourth in beta category among its peers . The ratio of Cash Flow From Operations to Beta for OmniAb Inc is about 5,297,968 . Comparative valuation analysis is a catch-all technique that is used if you cannot value OmniAb by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.OmniAb Beta vs. Cash Flow From Operations
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
OmniAb |
| = | 2.35 M |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
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.
OmniAb |
| = | 0.44 |
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.
OmniAb Beta Comparison
OmniAb is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, OmniAb's returns are expected to increase less than the market. However, during the bear market, the loss of holding OmniAb is expected to be smaller as well.
OmniAb Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in OmniAb, profitability is also one of the essential criteria for including it into their portfolios because, without profit, OmniAb will eventually generate negative long term returns. The profitability progress is the general direction of OmniAb's change in net profit over the period of time. It can combine multiple indicators of OmniAb, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 50 K | 47.5 K | |
| Net Interest Income | 4.5 M | 4.7 M | |
| Operating Income | -69.4 M | -65.9 M | |
| Net Loss | -29.7 M | -31.2 M | |
| Income Before Tax | -64.4 M | -61.1 M | |
| Total Other Income Expense Net | 5.1 M | 5.3 M | |
| Net Loss | -50.6 M | -48.1 M | |
| Income Tax Expense | -13.7 M | -13.1 M | |
| Interest Income | 4.5 M | 4.7 M | |
| Net Loss | (0.51) | (0.53) | |
| Income Quality | (0.05) | (0.04) | |
| Net Income Per E B T | 0.79 | 0.92 |
OmniAb Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on OmniAb. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of OmniAb position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the OmniAb's important profitability drivers and their relationship over time.
Use OmniAb in pair-trading
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 OmniAb 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 OmniAb will appreciate offsetting losses from the drop in the long position's value.OmniAb Pair Trading
OmniAb Inc Pair Trading Analysis
The ability to find closely correlated positions to OmniAb could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OmniAb 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 OmniAb - 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 OmniAb Inc to buy it.
The correlation of OmniAb 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 OmniAb moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OmniAb Inc 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 OmniAb 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.Use Investing Themes to Complement your OmniAb position
In addition to having OmniAb in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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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.