O TA (Taiwan) Today
O TA is selling for under 70.20 as of the 1st of February 2025; that is 1.74 percent increase since the beginning of the trading day. The stock's lowest day price was 68.8. The performance scores are derived for the period starting the 5th of August 2024 and ending today, the 1st of February 2025. Click here to learn more.
Valuation
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8924 Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. O TA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding O TA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Leisure, Consumer Cyclical (View all Sectors) |
O TA Precision Industry (8924) is traded on Taiwan OTC Exchange in Taiwan and employs 3,190 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.85 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate O TA's market, we take the total number of its shares issued and multiply it by O TA'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. O TA Precision operates under Consumer Cyclical sector and is part of Leisure industry. The entity has 83.8 M outstanding shares.
O TA generates positive cash flow from operations, but has no cash available
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O TA Precision Risk Profiles
Although O TA's alpha and beta are two of the key measurements used to evaluate O TA's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6033 | |||
| Standard Deviation | 0.9837 | |||
| Variance | 0.9676 | |||
| Risk Adjusted Performance | (0.22) |
8924 Stock Against Markets
O TA Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with O TA stock to make a market-neutral strategy. Peer analysis of O TA could also be used in its relative valuation, which is a method of valuing O TA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Additional Tools for 8924 Stock Analysis
When running O TA's price analysis, check to measure O TA'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 O TA is operating at the current time. Most of O TA's value examination focuses on studying past and present price action to predict the probability of O TA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move O TA's price. Additionally, you may evaluate how the addition of O TA to your portfolios can decrease your overall portfolio volatility.