OCA Acquisition Stock Performance

OCAX
 Stock
  

USD 10.05  0.01  0.1%   

OCA Acquisition has a performance score of 1 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.0031, which implies not very significant fluctuations relative to the market. Let's try to break down what OCA Acquisition's beta means in this case. As returns on the market increase, OCA Acquisition returns are expected to increase less than the market. However, during the bear market, the loss on holding OCA Acquisition will be expected to be smaller as well. Although it is important to respect OCA Acquisition Corp existing price patterns, it is better to be realistic regarding the information on the equity's price patterns. The approach towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating OCA Acquisition Corp technical indicators, you can right now evaluate if the expected return of 0.0031% will be sustainable into the future. OCA Acquisition Corp at this time owns a risk of 0.12%. Please check OCA Acquisition Corp maximum drawdown, and the relationship between the information ratio and expected short fall to decide if OCA Acquisition Corp will be following its current price history.
  
OCA Acquisition Performance
1 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in OCA Acquisition Corp are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong basic indicators, OCA Acquisition is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more

OCA Acquisition Price Channel

Fifty Two Week Low9.86
Fifty Two Week High10.11

OCA Acquisition Relative Risk vs. Return Landscape

If you would invest  1,003  in OCA Acquisition Corp on July 4, 2022 and sell it today you would earn a total of  2.00  from holding OCA Acquisition Corp or generate 0.2% return on investment over 90 days. OCA Acquisition Corp is currently generating 0.0031% in daily expected returns and assumes 0.1205% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of stocks are less volatile than OCA Acquisition, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days OCA Acquisition is expected to generate 0.11 times more return on investment than the market. However, the company is 9.5 times less risky than the market. It trades about 0.03 of its potential returns per unit of risk. The DOW is currently generating roughly -0.1 per unit of risk.

OCA Acquisition Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for OCA Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as OCA Acquisition Corp, and traders can use it to determine the average amount a OCA Acquisition's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.026

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsOCAX
Estimated Market Risk
 0.12
  actual daily
 
 1 %
of total potential
 
11
Expected Return
 0.0
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 0.03
  actual daily
 
 1 %
of total potential
 
11
Based on monthly moving average OCA Acquisition is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of OCA Acquisition by adding it to a well-diversified portfolio.

About OCA Acquisition Performance

To evaluate OCA Acquisition Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when OCA Acquisition generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare OCA Acquisition Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand OCA Acquisition Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents OCA Acquisition's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
OCA Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. OCA Acquisition Corp. was incorporated in 2020 and is based in New York, New York.

Things to note about OCA Acquisition Corp

Checking the ongoing alerts about OCA Acquisition for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for OCA Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

OCA Acquisition Alerts

Equity Alerts and Improvement Suggestions

The company currently holds 1.5 M in liabilities with Debt to Equity (D/E) ratio of 4.71, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. OCA Acquisition Corp has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist OCA Acquisition until it has trouble settling it off, either with new capital or with free cash flow. So, OCA Acquisition's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like OCA Acquisition Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for OCA Acquisition to invest in growth at high rates of return. When we think about OCA Acquisition's use of debt, we should always consider it together with cash and equity.
OCA Acquisition Corp currently holds about 178 in cash with (2.21 M) of positive cash flow from operations.
Over 89.0% of OCA Acquisition shares are owned by institutional investors
Latest headline from www.benzinga.com: Ardagh Glass Packaging collaborates with Ste. Michelle Wine Estates to transition to ECO Series glass packaging - Benzinga
Please check Your Equity Center. Note that the OCA Acquisition Corp information on this page should be used as a complementary analysis to other OCA Acquisition'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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for OCA Acquisition Stock analysis

When running OCA Acquisition Corp price analysis, check to measure OCA Acquisition'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 OCA Acquisition is operating at the current time. Most of OCA Acquisition's value examination focuses on studying past and present price action to predict the probability of OCA Acquisition's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OCA Acquisition's price. Additionally, you may evaluate how the addition of OCA Acquisition to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Is OCA Acquisition'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 OCA Acquisition. If investors know OCA Acquisition 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 OCA Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of OCA Acquisition Corp is measured differently than its book value, which is the value of OCA Acquisition that is recorded on the company's balance sheet. Investors also form their own opinion of OCA Acquisition's value that differs from its market value or its book value, called intrinsic value, which is OCA Acquisition'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 OCA Acquisition's market value can be influenced by many factors that don't directly affect OCA Acquisition'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 OCA Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine OCA Acquisition value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OCA Acquisition'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.