Owlet Return On Equity vs. Gross Profit
| OWLT Stock | USD 4.86 0.07 1.46% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 1.10867368 | Current Value 1.44 | Quarterly Volatility 1.83936644 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.47 | 0.4182 |
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For Owlet profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Owlet to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Owlet Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Owlet's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Owlet Inc over time as well as its relative position and ranking within its peers.
Owlet |
Is Health Care Equipment & Supplies 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 Owlet. If investors know Owlet 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 Owlet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.76) | Revenue Per Share 7.634 | Quarterly Revenue Growth 0.582 | Return On Assets (0.23) | Return On Equity (9.01) |
The market value of Owlet Inc is measured differently than its book value, which is the value of Owlet that is recorded on the company's balance sheet. Investors also form their own opinion of Owlet's value that differs from its market value or its book value, called intrinsic value, which is Owlet'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 Owlet's market value can be influenced by many factors that don't directly affect Owlet'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 Owlet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owlet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owlet'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.
Owlet Inc Gross Profit vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Owlet's current stock value. Our valuation model uses many indicators to compare Owlet value to that of its competitors to determine the firm's financial worth. Owlet Inc is rated below average in return on equity category among its peers. It is rated below average in gross profit category among its peers . At this time, Owlet's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Owlet 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.Owlet Gross Profit vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Owlet |
| = | -9.01 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Owlet |
| = | 23.3 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Owlet Gross Profit Comparison
Owlet is currently under evaluation in gross profit category among its peers.
Owlet Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Owlet, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Owlet will eventually generate negative long term returns. The profitability progress is the general direction of Owlet's change in net profit over the period of time. It can combine multiple indicators of Owlet, 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 | -7.1 B | -6.7 B | |
| Operating Income | -28.6 M | -30.1 M | |
| Income Before Tax | -32.9 M | -34.5 M | |
| Total Other Income Expense Net | -4.3 M | -4.5 M | |
| Net Loss | -71.4 M | -67.8 M | |
| Net Loss | -32.9 M | -34.5 M | |
| Net Interest Income | -3.3 M | -3.4 M | |
| Net Loss | -45.5 M | -47.7 M | |
| Non Operating Income Net Other | 6.1 M | 6.4 M | |
| Income Tax Expense | 10 K | 9.5 K | |
| Change To Netincome | 19.3 M | 20.3 M | |
| Net Loss | (3.98) | (4.17) | |
| Income Quality | 0.72 | 0.51 | |
| Net Income Per E B T | 1.00 | 1.20 |
Owlet Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Owlet. 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 Owlet 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 Owlet's important profitability drivers and their relationship over time.
Use Owlet 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 Owlet 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 Owlet will appreciate offsetting losses from the drop in the long position's value.Owlet Pair Trading
Owlet Inc Pair Trading Analysis
The ability to find closely correlated positions to Owlet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Owlet 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 Owlet - 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 Owlet Inc to buy it.
The correlation of Owlet 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 Owlet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Owlet 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 Owlet 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 Owlet position
In addition to having Owlet 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 Moderate Funds Thematic Idea Now
Moderate Funds
Funds or Etfs that combine stocks, bonds and money market instruments to get modest capital appreciation over time. The Moderate Funds theme has 41 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 Moderate Funds Theme or any other thematic opportunities.
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Additional Tools for Owlet Stock Analysis
When running Owlet's price analysis, check to measure Owlet'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 Owlet is operating at the current time. Most of Owlet's value examination focuses on studying past and present price action to predict the probability of Owlet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owlet's price. Additionally, you may evaluate how the addition of Owlet to your portfolios can decrease your overall portfolio volatility.