Opendoor Competitors
| OPEN Stock | USD 4.45 0.07 1.60% |
Opendoor Technologies vs Terreno Realty Correlation
Very good diversification
The correlation between Opendoor Technologies and TRNO is -0.48 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Opendoor Technologies and TRNO in the same portfolio, assuming nothing else is changed.
Moving together with Opendoor Stock
| 0.77 | Z | Zillow Group Class Earnings Call This Week | PairCorr |
Moving against Opendoor Stock
| 0.75 | CDE | Coeur Mining | PairCorr |
| 0.73 | TAYN | Societe de Tayninh | PairCorr |
| 0.58 | KW | Kennedy Wilson Holdings | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Opendoor Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Opendoor Technologies Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Opendoor Technologies and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Opendoor and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Opendoor Technologies does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Opendoor Stock performing well and Opendoor Technologies Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Opendoor Technologies' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BPYPO | 0.59 | 0.07 | 0.02 | 0.75 | 0.73 | 1.36 | 5.05 | |||
| HR | 0.87 | (0.03) | 0.00 | (0.05) | 0.00 | 1.75 | 4.39 | |||
| RHP | 1.03 | 0.05 | 0.04 | 0.11 | 1.04 | 2.66 | 6.96 | |||
| RITM | 1.04 | (0.08) | 0.00 | (0.04) | 0.00 | 2.15 | 11.83 | |||
| HHH | 1.24 | (0.18) | 0.00 | (0.12) | 0.00 | 2.69 | 10.35 | |||
| FSV | 1.31 | (0.03) | (0.02) | 0.03 | 1.72 | 2.59 | 11.36 | |||
| EPRT | 0.86 | 0.11 | 0.02 | (0.24) | 1.01 | 1.57 | 4.98 | |||
| TRNO | 0.91 | 0.11 | 0.06 | 0.37 | 0.95 | 2.48 | 5.59 |
Cross Equities Net Income Analysis
Compare Opendoor Technologies and related stocks such as Brookfield Property, Healthcare Realty Trust, and Ryman Hospitality Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HR | 4 M | (214 K) | 5.5 M | 6.9 M | 31.9 M | 69.4 M | 85.6 M | 23.1 M | 69.8 M | 39.2 M | 72.2 M | 66.7 M | 40.9 M | (278.3 M) | (654.5 M) | (246.1 M) | (233.8 M) |
| RHP | 131.2 M | 10.2 M | (26.6 M) | 118.4 M | 126.5 M | 111.5 M | 159.4 M | 176.1 M | 264.7 M | 145.8 M | (417.4 M) | (177 M) | 129 M | 311.2 M | 271.6 M | 312.4 M | 328 M |
| RITM | 714 K | 714 K | 41.2 M | 265.9 M | 352.9 M | 268.6 M | 504.5 M | 957.5 M | 964 M | 563.3 M | (1.4 B) | 772.2 M | 954.5 M | 532.7 M | 931.5 M | 649.6 M | 469.4 M |
| FSV | (33 M) | 74.1 M | 5.8 M | (18 M) | 13 M | 21.4 M | 33.6 M | 53.1 M | 65.9 M | (251.6 M) | 87.3 M | 135.2 M | 121.1 M | 100.4 M | 134.4 M | 147.6 M | 155 M |
| EPRT | 3.8 M | 3.8 M | 3.8 M | 3.8 M | 3.8 M | 3.8 M | 3.8 M | 6.3 M | 15.6 M | 41.8 M | 42.3 M | 95.7 M | 134.1 M | 190.7 M | 203 M | 253 M | 265.7 M |
| TRNO | (5.4 M) | (3.7 M) | 4.1 M | 6.6 M | 10.7 M | 14.6 M | 15.1 M | 53.1 M | 63.3 M | 55.5 M | 79.8 M | 87.3 M | 198 M | 151.5 M | 184.5 M | 403 M | 423.1 M |
Opendoor Technologies and related stocks such as Brookfield Property, Healthcare Realty Trust, and Ryman Hospitality Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Opendoor Technologies financial statement analysis. It represents the amount of money remaining after all of Opendoor Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Opendoor Technologies Competitive Analysis
The better you understand Opendoor Technologies competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Opendoor Technologies' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Opendoor Technologies' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Opendoor Technologies Competition Performance Charts
Five steps to successful analysis of Opendoor Technologies Competition
Opendoor Technologies' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Opendoor Technologies in relation to its competition. Opendoor Technologies' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Opendoor Technologies in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Opendoor Technologies' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Opendoor Technologies, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Opendoor Technologies Correlation with its peers. To learn how to invest in Opendoor Stock, please use our How to Invest in Opendoor Technologies guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Will Real Estate Management & Development sector continue expanding? Could Opendoor diversify its offerings? Factors like these will boost the valuation of Opendoor Technologies. Anticipated expansion of Opendoor directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Opendoor Technologies data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (0.44) | Revenue Per Share | Quarterly Revenue Growth (0.34) | Return On Assets | Return On Equity |
Investors evaluate Opendoor Technologies using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Opendoor Technologies' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Opendoor Technologies' market price to deviate significantly from intrinsic value.
It's important to distinguish between Opendoor Technologies' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Opendoor Technologies should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Opendoor Technologies' market price signifies the transaction level at which participants voluntarily complete trades.