Opthea Financials
| CKDXF Stock | USD 0.44 0.00 0.00% |
Opthea |
Understanding current and past Opthea Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Opthea's financial statements are interrelated, with each one affecting the others. For example, an increase in Opthea's assets may result in an increase in income on the income statement.
| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 650 Chapel Street, |
| Sector | Healthcare |
| Industry | Biotechnology |
| Benchmark | Dow Jones Industrial |
| Website | opthea.com |
| Phone | 61 3 9826 0399 |
| Currency | USD - US Dollar |
Opthea Key Financial Ratios
There are many critical financial ratios that Opthea's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Opthea reports annually and quarterly.| Return On Equity | -1.01 | |||
| Return On Asset | -0.61 | |||
| Number Of Employees | 15 | |||
| Beta | 0.29 | |||
| Z Score | -3.3 |
Opthea Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Opthea's current stock value. Our valuation model uses many indicators to compare Opthea value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Opthea competition to find correlations between indicators driving Opthea's intrinsic value. More Info.Opthea is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Opthea's earnings, one of the primary drivers of an investment's value.Opthea Systematic Risk
Opthea's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Opthea volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Opthea correlated with the market. If Beta is less than 0 Opthea generally moves in the opposite direction as compared to the market. If Opthea Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Opthea is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Opthea is generally in the same direction as the market. If Beta > 1 Opthea moves generally in the same direction as, but more than the movement of the benchmark.
Opthea December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Opthea help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Opthea. We use our internally-developed statistical techniques to arrive at the intrinsic value of Opthea based on widely used predictive technical indicators. In general, we focus on analyzing Opthea Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Opthea's daily price indicators and compare them against related drivers.
| Information Ratio | 0.08 | |||
| Maximum Drawdown | 119.36 |
Complementary Tools for Opthea Pink Sheet analysis
When running Opthea's price analysis, check to measure Opthea'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 Opthea is operating at the current time. Most of Opthea's value examination focuses on studying past and present price action to predict the probability of Opthea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opthea's price. Additionally, you may evaluate how the addition of Opthea to your portfolios can decrease your overall portfolio volatility.
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