Obitx OTC Stock Buy Hold or Sell Recommendation

OBTX
 Stock
  

USD 4.40  0.05  1.15%   

Given the investment horizon of 90 days and your highly speculative risk level, our recommendation regarding Obitx Inc is 'Cautious Hold'. Macroaxis provides Obitx buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Obitx positions. The advice algorithm takes into account all of Obitx's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from Obitx's buy-and-hold perspective. Please check Obitx Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Obitx and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Obitx Inc.

Execute Obitx Buy or Sell Advice

The Obitx recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Obitx Inc. Macroaxis does not own or have any residual interests in Obitx Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Obitx's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell ObitxBuy Obitx
Cautious Hold

Volatility

DangerousDetails

Hype Condition

Under hypedDetails

Current Valuation

OvervaluedDetails

Odds of Distress

LowDetails

Economic Sensitivity

Actively responds to the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon Obitx Inc has a Mean Deviation of 7.9, Semi Deviation of 8.39, Standard Deviation of 11.58, Variance of 134.15, Downside Variance of 92.9 and Semi Variance of 70.39
We provide trade recommendations to complement the recent expert consensus on Obitx Inc. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure Obitx is not overpriced, please check all Obitx Inc fundamentals, including its revenue, as well as the relationship between the total debt and number of employees . Given that Obitx Inc has a shares owned by insiders of 51.53 %, we recommend you to check out Obitx Inc market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Obitx Trading Alerts and Improvement Suggestions

Obitx Inc is way too risky over 90 days horizon
Obitx Inc appears to be risky and price may revert if volatility continues
Obitx Inc currently holds about 1.55 M in cash with (1.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18.
Roughly 52.0% of the company outstanding shares are owned by corporate insiders
Latest headline from MacroaxisInsider: Obitx exotic insider transaction detected

Obitx Returns Distribution Density

The distribution of Obitx's historical returns is an attempt to chart the future uncertainty of Obitx's future price movements. The chart of the probability distribution of Obitx stock daily returns describes the distribution of returns around its average expected value. We use Obitx Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Obitx returns is essential to provide solid investment advice for Obitx stock.
Mean Return0.49Value At Risk-14.29
Potential Upside22.22Standard Deviation11.58
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Obitx historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Obitx Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Obitx or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Obitx stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Obitx stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
0.83
β
Beta against DOW1.79
σ
Overall volatility
11.88
Ir
Information ratio 0.06

Obitx Volatility Alert

Obitx Inc is showing large volatility of returns over the selected time horizon. We encourage all investors to investigate this asset further to make sure related market timing strategies are aligned with all the expectations about Obitx implied risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Obitx's otc stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Obitx's otc stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Obitx Implied Volatility

Obitx's implied volatility exposes the market's sentiment of Obitx Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Obitx's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Obitx stock will not fluctuate a lot when Obitx's options are near their expiration.

Obitx Fundamentals Vs Peers

Comparing Obitx's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Obitx's direct or indirect competition across all of the common fundamentals between Obitx and the related equities. This way, we can detect undervalued stocks with similar characteristics as Obitx or determine the otc stocks which would be an excellent addition to an existing portfolio. Peer analysis of Obitx's fundamental indicators could also be used in its relative valuation, which is a method of valuing Obitx by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Obitx to competition
FundamentalsObitxPeer Average
Return On Equity65.35 %(0.31) %
Return On Asset38.62 %(0.14) %
Profit Margin53.49 %(1.27) %
Operating Margin54.06 %(5.51) %
Current Valuation26.55 M16.62 B
Shares Outstanding8.6 M571.82 M
Shares Owned by Insiders51.53 %10.09 %
Price to Earning5.71 X28.72 X
Price to Book1.99 X9.51 X
Price to Sales3.05 X11.42 X
Revenue12.42 M9.43 B
Gross Profit504.37 K27.38 B
EBITDA(1.93 M)3.9 B
Net Income6.64 M570.98 M
Cash and Equivalents1.55 M2.7 B
Cash per Share0.18 X5.01 X
Total Debt561 K5.32 B
Debt to Equity0.029 %48.70 %
Current Ratio12.66 X2.16 X
Book Value Per Share2.21 X1.93 K
Cash Flow from Operations(1.97 M)971.22 M
Earnings Per Share0.77 X3.12 X
Number of Employees1918.84 K
Beta3.08-0.15
Market Capitalization37.86 M19.03 B
Z Score40.28.72
   Obitx exotic insider transaction detected [view details]

Obitx Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Obitx . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution281.08
Daily Balance Of Power0.2083
Rate Of Daily Change1.01
Day Median Price4.32
Day Typical Price4.35
Market Facilitation Index0.0
Price Action Indicator0.11

About Obitx Buy or Sell Advice

When is the right time to buy or sell Obitx Inc? Buying financial instruments such as Obitx OTC Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Obitx investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Obitx 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 Railroads Thematic Idea Now

Railroads
Railroads Theme
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 30 constituents.
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 Railroads Theme or any other thematic opportunities.
View All  Next Launch Railroads
Please check Obitx Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Obitx Inc information on this page should be used as a complementary analysis to other Obitx's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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Is Obitx's industry 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 Obitx. If investors know Obitx 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 Obitx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
39.6 M
Quarterly Revenue Growth YOY
-0.76
Return On Assets
-0.17
Return On Equity
0.0063
The market value of Obitx Inc is measured differently than its book value, which is the value of Obitx that is recorded on the company's balance sheet. Investors also form their own opinion of Obitx's value that differs from its market value or its book value, called intrinsic value, which is Obitx'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 Obitx's market value can be influenced by many factors that don't directly affect Obitx'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 Obitx's value and its price as these two are different measures arrived at by different means. Investors typically determine Obitx value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Obitx'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.