OneConnect Stock Today

OCFT
 Stock
  

USD 1.85  0.14  8.19%   

Market Performance
5 of 100
Odds Of Distress
Less than 44
OneConnect Financial is selling for under 1.85 as of the 4th of July 2022; that is 8.19 percent up since the beginning of the trading day. The stock's last reported lowest price was 1.69. OneConnect Financial has about a 44 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for OneConnect Financial Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of June 2022 and ending today, the 4th of July 2022. Click here to learn more.
CUSIP
68248T105
Fiscal Year End
December
Business Domain
Software & Services
IPO Date
13th of December 2019
Category
Technology
Classification
Information Technology
ISIN
US68248T1051
OneConnect Financial Technology Co., Ltd. provides cloud-platform-based Fintech solutions, and online information and operating support services for financial institutions in the Peoples Republic of China. OneConnect Financial Technology Co., Ltd. was founded in 2015 and is headquartered in Shenzhen, the Peoples Republic of China.cOneConnect Financial Technology Co., Ltd. The company has 389.99 M outstanding shares of which 2.48 M shares are now shorted by private and institutional investors with about 1.9 trading days to cover. More on OneConnect Financial Technology
Follow Valuation Odds of Bankruptcy
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OneConnect Financial 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. OneConnect Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding OneConnect Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
OneConnect Financial may become a speculative penny stock
OneConnect Financial has very high historical volatility over the last 90 days
The company reported the previous year's revenue of 4.13 B. Net Loss for the year was (1.28 B) with profit before overhead, payroll, taxes, and interest of 1.44 B.
OneConnect Financial Technology currently holds about 4.49 B in cash with (404.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.52, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 15.0% of the company outstanding shares are owned by corporate insiders
Latest headline from pulse2.com: OneConnect Financial Stock Why It Increased Over 5 percent Today - Pulse 2.0
ChairmanWangchun Ye
Average Analyst Recommendation
Analysts covering OneConnect Financial report their recommendations after researching OneConnect Financial's financial statements, talking to executives and customers, or listening in on OneConnect Financial's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering OneConnect Financial. The OneConnect consensus assessment is calculated by taking the average forecast from all of the analysts covering OneConnect Financial.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of OneConnect Financial's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
OneConnect Financial Technology (OCFT) is traded on New York Stock Exchange in USA and employs 3,842 people. The company currently falls under 'Small-Cap' category with current market capitalization of 717.59 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate OneConnect Financial's market, we take the total number of its shares issued and multiply it by OneConnect Financial'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 these looking for more risk prefer small-cap and mid-cap equities. OneConnect Financial conducts business under Technology sector and is part of Software—Application industry. The entity has 389.99 M outstanding shares of which 2.48 M shares are now shorted by private and institutional investors with about 1.9 trading days to cover. OneConnect Financial Technology currently holds about 4.49 B in cash with (404.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.52, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check OneConnect Financial Probability Of Bankruptcy
Ownership
OneConnect Financial has a total of 389.99 Million outstanding shares. OneConnect Financial holds 15.47 pct. if its outstanding shares held by insiders and 15.47 pct. owned by third-party entities . Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

Check OneConnect Ownership Details

OneConnect Stock Price Odds Analysis

What are OneConnect Financial's target price odds to finish over the current price? Attributed to a normal probability distribution, the odds of OneConnect Financial jumping above the current price in 90 days from now is near 1%. The OneConnect Financial Technology probability density function shows the probability of OneConnect Financial stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.0422. This indicates OneConnect Financial Technology market returns are related to returns on the market. As the market goes up or down, OneConnect Financial is expected to follow. Additionally, the company has an alpha of 0.5882, implying that it can generate a 0.59 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 1.85HorizonTargetOdds Above 1.85
99.99%90 days
 1.85 
0.01%
Based on a normal probability distribution, the odds of OneConnect Financial to move above the current price in 90 days from now is near 1 (This OneConnect Financial Technology probability density function shows the probability of OneConnect Stock to fall within a particular range of prices over 90 days) .

OneConnect Stock Institutional Holders

Institutional Holdings refers to the ownership stake in OneConnect Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of OneConnect Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing OneConnect Financial's value.
InstituionSecurity TypeTotal SharesValue
Capital Research Global InvestorsCommon Shares6.4 M9.1 M
Vanguard Group IncCommon Shares4.5 M6.3 M
View OneConnect Financial Diagnostics

OneConnect Financial Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. OneConnect Financial market risk premium is the additional return an investor will receive from holding OneConnect Financial 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 OneConnect Financial. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although OneConnect Financial's alpha and beta are two of the key measurements used to evaluate OneConnect Financial's performance over the market, the standard measures of volatility play an important role as well.

OneConnect Stock Against Markets

Picking the right benchmark for OneConnect Financial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in OneConnect Financial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for OneConnect Financial is critical whether you are bullish or bearish towards OneConnect Financial Technology at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in OneConnect Financial without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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OneConnect Financial Corporate Management

Elected by the shareholders, the OneConnect Financial's board of directors comprises two types of representatives: OneConnect Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of OneConnect. The board's role is to monitor OneConnect Financial's management team and ensure that shareholders' interests are well served. OneConnect Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, OneConnect Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Runzhong Huang - Executive Vice PresidentProfile
Wing Chow - Independent DirectorProfile
Min Zhu - DirectorProfile
Sin Tan - DirectorProfile
Yiming Fei - Board SecretaryProfile
Rong Chen - Director and Co-General ManagerProfile
Wenwei Dou - DirectorProfile

Investing OneConnect Financial Technology

You need to understand the risk of investing before taking a position in OneConnect Financial. The danger of trading OneConnect Financial Technology is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of OneConnect Financial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than OneConnect Financial. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile OneConnect Financial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Your Equity Center. Note that the OneConnect Financial information on this page should be used as a complementary analysis to other OneConnect Financial'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running OneConnect Financial price analysis, check to measure OneConnect Financial'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 OneConnect Financial is operating at the current time. Most of OneConnect Financial's value examination focuses on studying past and present price action to predict the probability of OneConnect Financial's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OneConnect Financial's price. Additionally, you may evaluate how the addition of OneConnect Financial to your portfolios can decrease your overall portfolio volatility.
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Is OneConnect Financial'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 OneConnect Financial. If investors know OneConnect 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 OneConnect Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
721.5 M
Quarterly Revenue Growth YOY
0.24
Return On Assets
-0.11
Return On Equity
-0.31
The market value of OneConnect Financial is measured differently than its book value, which is the value of OneConnect that is recorded on the company's balance sheet. Investors also form their own opinion of OneConnect Financial's value that differs from its market value or its book value, called intrinsic value, which is OneConnect Financial'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 OneConnect Financial's market value can be influenced by many factors that don't directly affect OneConnect Financial'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 OneConnect Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine OneConnect Financial value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneConnect Financial'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.