Octodec (South Africa) Analysis

Octodec Stock Analysis Notes

About 28.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.41. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Octodec last dividend was issued on the 16th of November 2022. The entity had 2431:2355 split on the 23rd of July 2012. To find out more about Octodec contact the company at 27 12 319 8781 or learn more at https://www.octodec.co.za.

Octodec Investment Alerts

Octodec Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.1 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Octodec's market, we take the total number of its shares issued and multiply it by Octodec's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Octodec Profitablity

The company has Profit Margin (PM) of 0.31 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.43 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.43.

Technical Drivers

As of the 29th of November, Octodec holds the Risk Adjusted Performance of 0.1037, coefficient of variation of 776.09, and Semi Deviation of 1.14. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Octodec, as well as the relationship between them. Please check Octodec treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall to decide if Octodec is priced some-what accurately, providing market reflects its current price of 1198.0 per share.

Octodec Price Movement Analysis

Octodec Outstanding Bonds

Octodec Predictive Daily Indicators

Octodec Forecast Models

Octodec's time-series forecasting models are one of many Octodec's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Octodec's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

When running Octodec's price analysis, check to measure Octodec'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 Octodec is operating at the current time. Most of Octodec's value examination focuses on studying past and present price action to predict the probability of Octodec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Octodec's price. Additionally, you may evaluate how the addition of Octodec to your portfolios can decrease your overall portfolio volatility.