Opal Fuels Stock Probability of Future Stock Price Finishing Under 0.04
| OPAL Stock | USD 3.69 0.01 0.27% |
OPAL |
OPAL Fuels Target Price Odds to finish below 0.04
The tendency of OPAL 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 Price | Horizon | Target Price | Odds to drop to $ 0.04 or more in 90 days |
| 3.69 | 90 days | 0.04 | near 1 |
Based on a normal probability distribution, the odds of OPAL Fuels to drop to $ 0.04 or more in 90 days from now is near 1 (This OPAL Fuels probability density function shows the probability of OPAL Stock to fall within a particular range of prices over 90 days) . Probability of OPAL Fuels price to stay between $ 0.04 and its current price of $3.69 at the end of the 90-day period is about 54.58 .
Given the investment horizon of 90 days OPAL Fuels has a beta of 0.84. This indicates as returns on the market go up, OPAL Fuels average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding OPAL Fuels will be expected to be much smaller as well. Additionally OPAL Fuels has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. OPAL Fuels Price Density |
| Price |
Predictive Modules for OPAL Fuels
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OPAL Fuels. 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.OPAL Fuels Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. OPAL Fuels is not an exception. The market had few large corrections towards the OPAL Fuels' 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 OPAL Fuels, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of OPAL Fuels within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.84 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.05 |
OPAL Fuels 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 OPAL Fuels for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OPAL Fuels can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 55.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Is OPAL Fuels Inc. the Best Renewable Energy Penny Stock to Invest In Now |
OPAL Fuels 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 OPAL Stock often depends not only on the future outlook of the current and potential OPAL Fuels' 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. OPAL Fuels' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 27.5 M | |
| Cash And Short Term Investments | 48.2 M |
OPAL Fuels Technical Analysis
OPAL Fuels' future price can be derived by breaking down and analyzing its technical indicators over time. OPAL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OPAL Fuels. In general, you should focus on analyzing OPAL Stock price patterns and their correlations with different microeconomic environments and drivers.
OPAL Fuels Predictive Forecast Models
OPAL Fuels' time-series forecasting models is one of many OPAL Fuels' 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 OPAL Fuels' 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 OPAL Fuels
Checking the ongoing alerts about OPAL Fuels for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OPAL Fuels help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 55.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Is OPAL Fuels Inc. the Best Renewable Energy Penny Stock to Invest In Now |
Check out OPAL Fuels Backtesting, OPAL Fuels Valuation, OPAL Fuels Correlation, OPAL Fuels Hype Analysis, OPAL Fuels Volatility, OPAL Fuels History as well as OPAL Fuels Performance. For more information on how to buy OPAL Stock please use our How to buy in OPAL Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Electric Utilities space 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 OPAL Fuels. If investors know OPAL 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 OPAL Fuels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Earnings Share 0.18 | Revenue Per Share 11.16 | Quarterly Revenue Growth 0.182 | Return On Assets 0.0222 |
The market value of OPAL Fuels is measured differently than its book value, which is the value of OPAL that is recorded on the company's balance sheet. Investors also form their own opinion of OPAL Fuels' value that differs from its market value or its book value, called intrinsic value, which is OPAL Fuels' 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 OPAL Fuels' market value can be influenced by many factors that don't directly affect OPAL Fuels' 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 OPAL Fuels' value and its price as these two are different measures arrived at by different means. Investors typically determine if OPAL Fuels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OPAL Fuels' 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.