Ozz Resources (Australia) Today
| OZZ Stock | 0.03 0 6.25% |
Performance0 of 100
| Odds Of DistressLess than 24
|
Ozz Resources is selling for under 0.03 as of the 3rd of May 2024; that is -6.25 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 0.03. Ozz Resources has about a 24 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Ozz Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Ozz Resources is entity of Australia. It is traded as Stock on AU exchange. The company has 92.53 M outstanding shares. More on Ozz Resources
Moving against Ozz Stock
| 0.94 | SFR | Sandfire Resources | PairCorr |
| 0.9 | PRU | Perseus Mining | PairCorr |
| 0.88 | AWC | Alumina | PairCorr |
| 0.86 | EVN | Evolution Mining | PairCorr |
| 0.82 | WBCPI | Westpac Banking Earnings Call This Week | PairCorr |
| 0.8 | NST | Northern Star Resources | PairCorr |
| 0.59 | DEG | De Grey Mining | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Ozz 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. Ozz Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ozz Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | ||||
Ozz Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ozz Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ozz Resources' financial leverage. It provides some insight into what part of Ozz Resources' total assets is financed by creditors.
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Ozz Resources (OZZ) is traded on Australian Securities Exchange in Australia and employs 3 people. Ozz Resources is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.78 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ozz Resources's market, we take the total number of its shares issued and multiply it by Ozz Resources'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 those looking for more risk prefer small-cap and mid-cap equities. Ozz Resources operates under Metals & Mining sector and is part of Materials industry. The entity has 92.53 M outstanding shares.
Ozz Resources generates negative cash flow from operations
Check Ozz Resources Probability Of Bankruptcy
Ownership AllocationOzz Resources owns a total of 92.53 Million outstanding shares. Ozz Resources holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 78.92 pct. of Ozz Resources outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Ozz Ownership Details
Ozz Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Ozz Resources jumping above the current price in 90 days from now is roughly 97.0%. The Ozz Resources probability density function shows the probability of Ozz Resources stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Ozz Resources has a beta of 0.26. This indicates as returns on the market go up, Ozz Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ozz Resources will be expected to be much smaller as well. Additionally, ozz Resources has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Ozz Resources to move above the current price in 90 days from now is roughly 97.0 (This Ozz Resources probability density function shows the probability of Ozz Stock to fall within a particular range of prices over 90 days) .
Ozz Resources Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ozz Resources market risk premium is the additional return an investor will receive from holding Ozz Resources 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 Ozz Resources. 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 Ozz Resources' alpha and beta are two of the key measurements used to evaluate Ozz Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.67 | |||
| Standard Deviation | 5.52 | |||
| Variance | 30.46 | |||
| Risk Adjusted Performance | (0.11) |
Ozz Stock Against Markets
Picking the right benchmark for Ozz Resources 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 Ozz Resources 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 Ozz Resources is critical whether you are bullish or bearish towards Ozz Resources at a given time. Please also check how Ozz Resources' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ozz Resources without increasing your portfolio risk or giving up the 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.Did you try this?
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Ozz Resources Corporate Executives
Elected by the shareholders, the Ozz Resources' board of directors comprises two types of representatives: Ozz Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ozz. The board's role is to monitor Ozz Resources' management team and ensure that shareholders' interests are well served. Ozz Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ozz Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
How to buy Ozz Stock?
Before investing in Ozz Resources, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ozz Resources. To buy Ozz Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ozz Resources. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ozz Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ozz Resources stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ozz Resources stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ozz Resources, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Ozz Resources?
The danger of trading Ozz Resources 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 Ozz Resources 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 Ozz Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ozz Resources 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ozz Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Ozz Resources information on this page should be used as a complementary analysis to other Ozz Resources' 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Ozz Stock analysis
When running Ozz Resources' price analysis, check to measure Ozz Resources' 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 Ozz Resources is operating at the current time. Most of Ozz Resources' value examination focuses on studying past and present price action to predict the probability of Ozz Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ozz Resources' price. Additionally, you may evaluate how the addition of Ozz Resources to your portfolios can decrease your overall portfolio volatility.
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