Odp Corp Stock Odds of Future Stock Price Finishing Over 58.49

ODP Stock  USD 28.37  0.29  1.03%   
ODP Corp's implied volatility is one of the determining factors in the pricing options written on ODP Corp. Implied volatility approximates the future value of ODP Corp based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in ODP Corp over a specific time period. For example, ODP Option Call 20-12-2024 29 is a CALL option contract on ODP Corp's common stock with a strick price of 29.0 expiring on 2024-12-20. The contract was last traded on 2024-11-19 at 09:30:55 for $0.25 and, as of today, has 9 days remaining before the expiration. The option is currently trading at an ask price of $0.0. The implied volatility as of the 11th of December 2024 is 9.0. View All ODP options

Closest to current price ODP long CALL Option Payoff at Expiration

ODP Corp's future price is the expected price of ODP Corp instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of ODP Corp performance during a given time horizon utilizing its historical volatility. Check out ODP Corp Backtesting, ODP Corp Valuation, ODP Corp Correlation, ODP Corp Hype Analysis, ODP Corp Volatility, ODP Corp History as well as ODP Corp Performance.
To learn how to invest in ODP Stock, please use our How to Invest in ODP Corp guide.
  
At this time, ODP Corp's Price Sales Ratio is relatively stable compared to the past year. As of 12/11/2024, Price Fair Value is likely to grow to 2.18, though Price Earnings To Growth Ratio is likely to grow to (5.68). Please specify ODP Corp's target price for which you would like ODP Corp odds to be computed.

ODP Corp Target Price Odds to finish over 58.49

The tendency of ODP Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 58.49  or more in 90 days
 28.37 90 days 58.49 
close to zero percent
Based on a normal probability distribution, the odds of ODP Corp to move over $ 58.49  or more in 90 days from now is close to zero percent (This ODP Corp probability density function shows the probability of ODP Stock to fall within a particular range of prices over 90 days) . Probability of ODP Corp price to stay between its current price of $ 28.37  and $ 58.49  at the end of the 90-day period is about 56.52 .
Considering the 90-day investment horizon ODP Corp has a beta of -0.81. This indicates as returns on the benchmark increase, returns on holding ODP Corp are expected to decrease at a much lower rate. During a bear market, however, ODP Corp is likely to outperform the market. Additionally ODP Corp has an alpha of 0.1356, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   ODP Corp Price Density   
       Price  

Predictive Modules for ODP Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ODP Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ODP Corp's 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.
Hype
Prediction
LowEstimatedHigh
25.7028.3931.08
Details
Intrinsic
Valuation
LowRealHigh
25.5337.1939.88
Details
Naive
Forecast
LowNextHigh
26.4629.1531.84
Details
2 Analysts
Consensus
LowTargetHigh
62.1168.2575.76
Details

ODP Corp Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. ODP Corp is not an exception. The market had few large corrections towards the ODP Corp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold ODP Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ODP Corp within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.14
β
Beta against Dow Jones-0.81
σ
Overall volatility
2.07
Ir
Information ratio -0.03

ODP Corp Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of ODP Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ODP Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
ODP Corp has a very strong financial position based on the latest SEC filings
Over 96.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: Verizon Communications Appoints Schulman as Lead Director, Affirms Dividend Despite Challenges

ODP Corp Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ODP Stock often depends not only on the future outlook of the current and potential ODP Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ODP Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding40 M
Cash And Short Term Investments392 M

ODP Corp Technical Analysis

ODP Corp's future price can be derived by breaking down and analyzing its technical indicators over time. ODP Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ODP Corp. In general, you should focus on analyzing ODP Stock price patterns and their correlations with different microeconomic environments and drivers.

ODP Corp Predictive Forecast Models

ODP Corp's time-series forecasting models is one of many ODP Corp's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ODP Corp's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about ODP Corp

Checking the ongoing alerts about ODP Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ODP Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
ODP Corp has a very strong financial position based on the latest SEC filings
Over 96.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: Verizon Communications Appoints Schulman as Lead Director, Affirms Dividend Despite Challenges

Additional Tools for ODP Stock Analysis

When running ODP Corp's price analysis, check to measure ODP Corp'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 ODP Corp is operating at the current time. Most of ODP Corp's value examination focuses on studying past and present price action to predict the probability of ODP Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ODP Corp's price. Additionally, you may evaluate how the addition of ODP Corp to your portfolios can decrease your overall portfolio volatility.