Omniab Inc Stock Alpha and Beta Analysis
| OABI Stock | USD 3.21 0.03 0.94% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as OmniAb Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in OmniAb over a specified time horizon. Remember, high OmniAb's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to OmniAb's market risk premium analysis include:
Beta 0.85 | Alpha (0.31) | Risk 2.98 | Sharpe Ratio (0.11) | Expected Return (0.32) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
OmniAb |
OmniAb Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. OmniAb market risk premium is the additional return an investor will receive from holding OmniAb long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in OmniAb. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate OmniAb's performance over market.| α | -0.31 | β | 0.85 |
OmniAb expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of OmniAb's Buy-and-hold return. Our buy-and-hold chart shows how OmniAb performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.OmniAb Market Price Analysis
Market price analysis indicators help investors to evaluate how OmniAb stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OmniAb shares will generate the highest return on investment. By understating and applying OmniAb stock market price indicators, traders can identify OmniAb position entry and exit signals to maximize returns.
OmniAb Return and Market Media
The median price of OmniAb for the period between Sun, Oct 20, 2024 and Sat, Jan 18, 2025 is 3.9 with a coefficient of variation of 8.69. The daily time series for the period is distributed with a sample standard deviation of 0.34, arithmetic mean of 3.86, and mean deviation of 0.26. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Love Steven of 13333 shares of OmniAb subject to Rule 16b-3 | 11/01/2024 |
2 | Aurinia Pharmaceuticals Q3 Earnings and Revenues Beat Estimates | 11/07/2024 |
3 | OmniAb Reports Third Quarter 2024 Financial Results and Business Highlights - StockTitan | 11/12/2024 |
4 | OmniAb Announces Earnings Results | 11/14/2024 |
5 | Janus Henderson Group PLCs Strategic Acquisition in OmniAb Inc | 11/15/2024 |
6 | Disposition of 31074 shares by Matthew Foehr of OmniAb at 3.68 subject to Rule 16b-3 | 11/25/2024 |
7 | Disposition of 23871 shares by Kurt Gustafson of OmniAb at 4.13 subject to Rule 16b-3 | 12/09/2024 |
8 | OmniAb Technologies Featured in Two Presentations at the 2024 Antibody Engineering Therapeutics Conference | 12/16/2024 |
9 | Why OmniAb, Inc. Is One of the Best Biotech Penny Stocks to Invest in Now | 12/30/2024 |
About OmniAb Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including OmniAb or other stocks. Alpha measures the amount that position in OmniAb Inc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 | 2025 (projected) | Days Sales Outstanding | 187.14 | 41.07 | 47.23 | 44.87 | PTB Ratio | 0.9 | 1.96 | 2.25 | 3.58 |
OmniAb Upcoming Company Events
As portrayed in its financial statements, the presentation of OmniAb's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, OmniAb's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of OmniAb's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of OmniAb. Please utilize our Beneish M Score to check the likelihood of OmniAb's management manipulating its earnings.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th of April 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Align your risk with return expectations
Check out OmniAb Backtesting, OmniAb Valuation, OmniAb Correlation, OmniAb Hype Analysis, OmniAb Volatility, OmniAb History and analyze OmniAb Performance. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
OmniAb technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.