Ocado Group Operating Margin vs. Market Capitalization
| OCDO Stock | 318.40 6.60 2.03% |
For Ocado Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ocado Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ocado Group PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ocado Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ocado Group PLC over time as well as its relative position and ranking within its peers.
Ocado |
Ocado Group PLC Market Capitalization vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ocado Group's current stock value. Our valuation model uses many indicators to compare Ocado Group value to that of its competitors to determine the firm's financial worth. Ocado Group PLC is considered to be number one stock in operating margin category among its peers. It also is considered to be number one stock in market capitalization category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ocado Group's earnings, one of the primary drivers of an investment's value.Ocado Market Capitalization vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Ocado Group |
| = | (0.09) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Ocado Group |
| = | 2.62 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Ocado Market Capitalization vs Competition
Ocado Group PLC is considered to be number one stock in market capitalization category among its peers. Market capitalization of Consumer Discretionary industry is now estimated at about 3.6 Trillion. Ocado Group adds roughly 2.62 Billion in market capitalization claiming only tiny portion of stocks in Consumer Discretionary industry.
Ocado Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ocado Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ocado Group will eventually generate negative long term returns. The profitability progress is the general direction of Ocado Group's change in net profit over the period of time. It can combine multiple indicators of Ocado Group, 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 | 104.2 M | 109.4 M | |
| Operating Income | -299.9 M | -284.9 M | |
| Income Before Tax | -362.9 M | -344.7 M | |
| Total Other Income Expense Net | -63 M | -59.9 M | |
| Net Loss | -362.9 M | -344.7 M | |
| Income Tax Expense | -14.6 M | -13.9 M |
Ocado Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ocado Group. 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 Ocado Group 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 Ocado Group's important profitability drivers and their relationship over time.
Use Ocado Group 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 Ocado Group 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 Ocado Group will appreciate offsetting losses from the drop in the long position's value.Ocado Group Pair Trading
Ocado Group PLC Pair Trading Analysis
The ability to find closely correlated positions to Ocado Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ocado Group 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 Ocado Group - 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 Ocado Group PLC to buy it.
The correlation of Ocado Group 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 Ocado Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ocado Group PLC 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 Ocado Group 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 Ocado Group position
In addition to having Ocado Group 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?
Run Chemicals Thematic Idea Now
Chemicals
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Chemicals theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Theme or any other thematic opportunities.
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Additional Tools for Ocado Stock Analysis
When running Ocado Group's price analysis, check to measure Ocado Group'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 Ocado Group is operating at the current time. Most of Ocado Group's value examination focuses on studying past and present price action to predict the probability of Ocado Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocado Group's price. Additionally, you may evaluate how the addition of Ocado Group to your portfolios can decrease your overall portfolio volatility.