Odyssey Marine Exploration Stock Price on April 16, 2024
| OMEX Stock | USD 3.79 0.46 10.82% |
Below is the normalized historical share price chart for Odyssey Marine Exploration extending back to January 05, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Odyssey Marine stands at 3.79, as last reported on the 16th of May 2024, with the highest price reaching 4.24 and the lowest price hitting 3.77 during the day.
If you're considering investing in Odyssey Stock, it is important to understand the factors that can impact its price. Odyssey Marine Explo maintains Sharpe Ratio (i.e., Efficiency) of -0.0159, which implies the firm had a -0.0159% return per unit of risk over the last 3 months. Odyssey Marine Explo exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Odyssey Marine's Variance of 9.13, risk adjusted performance of 0.0064, and Coefficient Of Variation of (40,091) to confirm the risk estimate we provide.
At this time, Odyssey Marine's Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 15.9 M in 2024, despite the fact that Total Stockholder Equity is likely to grow to (27.7 M). . Price To Sales Ratio is likely to drop to 54.98 in 2024. Price Earnings Ratio is likely to rise to -3.17 in 2024. Odyssey Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of October 1999 | 200 Day MA 3.9578 | 50 Day MA 3.9476 | Beta 0.27 |
Odyssey |
Sharpe Ratio = -0.0159
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OMEX |
Estimated Market Risk
| 3.0 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Odyssey Marine is not performing at its full potential. However, 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 Odyssey Marine by adding Odyssey Marine to a well-diversified portfolio.
Enterprise Value Ebitda 14.5081 | Price Sales 70.087 | Shares Float 13.5 M | Wall Street Target Price 7.5 | Earnings Share 0.06 |
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Civeo Corporation announced today that it has scheduled its first quarter 2024 earnings conference call for Friday, April 26th, at 1000 a
Odyssey Marine Valuation on April 16, 2024
It is possible to determine the worth of Odyssey Marine on a given historical date. On April 16, 2024 Odyssey was worth 3.73 at the beginning of the trading date compared to the closed value of 3.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Odyssey Marine stock. Still, in general, we apply an absolute valuation method to find Odyssey Marine's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Odyssey Marine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Odyssey Marine's related companies.
| Open | High | Low | Close | Volume | |
| 3.79 | 3.92 | 3.74 | 3.79 | 38,946 | |
04/16/2024 | 3.73 | 3.81 | 3.69 | 3.75 | 49,193 |
| 3.75 | 3.90 | 3.61 | 3.74 | 55,664 |
| Backtest Odyssey Marine | | | Odyssey Marine History | | | Odyssey Marine Valuation | Previous | Next |
Odyssey Marine Trading Date Momentum on April 16, 2024
| On April 17 2024 Odyssey Marine Exploration was traded for 3.74 at the closing time. The top price for the day was 3.90 and the lowest listed price was 3.61 . The trading volume for the day was 55.7 K. The trading history from April 17, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.27% . The trading delta at closing time against the current closing price is 3.20% . |
Odyssey Marine Explo Fundamentals Correlations and Trends
By evaluating Odyssey Marine's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Odyssey Marine's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Odyssey financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Odyssey Marine Stock history
Odyssey Marine investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Odyssey is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Odyssey Marine Explo will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Odyssey Marine stock prices may prove useful in developing a viable investing in Odyssey Marine
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 19.9 M | 20.9 M | |
| Net Loss | -9 M | -9.4 M |
Odyssey Marine Stock Technical Analysis
Odyssey Marine 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.
Price Boundaries
Odyssey Marine Period Price Range
Low | April 16, 2024
| High |
3.73 | 3.75 |
Odyssey Marine May 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Odyssey Marine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Odyssey Marine shares will generate the highest return on investment. By undertsting and applying Odyssey Marine stock market strength indicators, traders can identify Odyssey Marine Exploration entry and exit signals to maximize returns
| Accumulation Distribution | 1549.39 | |||
| Daily Balance Of Power | 0.1667 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 3.75 | |||
| Day Typical Price | 3.75 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 0.04 |
Odyssey Marine Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Odyssey Marine's price direction in advance. Along with the technical and fundamental analysis of Odyssey Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Odyssey to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0064 | |||
| Jensen Alpha | 0.0153 | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | 0.0431 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Odyssey Marine Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Odyssey Marine Explo information on this page should be used as a complementary analysis to other Odyssey Marine'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 the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Odyssey Stock analysis
When running Odyssey Marine's price analysis, check to measure Odyssey Marine'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 Odyssey Marine is operating at the current time. Most of Odyssey Marine's value examination focuses on studying past and present price action to predict the probability of Odyssey Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Odyssey Marine's price. Additionally, you may evaluate how the addition of Odyssey Marine to your portfolios can decrease your overall portfolio volatility.
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Is Odyssey Marine'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 Odyssey Marine. If investors know Odyssey 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 Odyssey Marine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.06 | Revenue Per Share 0.056 | Quarterly Revenue Growth (0.56) | Return On Assets (0.54) |
The market value of Odyssey Marine Explo is measured differently than its book value, which is the value of Odyssey that is recorded on the company's balance sheet. Investors also form their own opinion of Odyssey Marine's value that differs from its market value or its book value, called intrinsic value, which is Odyssey Marine'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 Odyssey Marine's market value can be influenced by many factors that don't directly affect Odyssey Marine'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 Odyssey Marine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Odyssey Marine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Odyssey Marine'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.