Opendoor Technologies Stock Buy Hold or Sell Recommendation
| OPEN Stock | USD 1.99 0.29 17.06% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Opendoor Technologies is 'Strong Sell'. The recommendation algorithm takes into account all of Opendoor Technologies' available fundamental, technical, and predictive indicators you will find on this site.
Check out Opendoor Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Opendoor Stock, please use our How to Invest in Opendoor Technologies guide. In addition, we conduct extensive research on individual companies such as Opendoor and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Opendoor Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Opendoor |
Execute Opendoor Technologies Buy or Sell Advice
The Opendoor recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Opendoor Technologies. Macroaxis does not own or have any residual interests in Opendoor Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Opendoor Technologies' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Opendoor Technologies Trading Alerts and Improvement Suggestions
| Opendoor Technologies generated a negative expected return over the last 90 days | |
| Opendoor Technologies may become a speculative penny stock | |
| Opendoor Technologies has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 6.95 B. Net Loss for the year was (275 M) with profit before overhead, payroll, taxes, and interest of 667 M. | |
| About 55.0% of the company shares are owned by institutional investors |
Opendoor Technologies Returns Distribution Density
The distribution of Opendoor Technologies' historical returns is an attempt to chart the uncertainty of Opendoor Technologies' future price movements. The chart of the probability distribution of Opendoor Technologies daily returns describes the distribution of returns around its average expected value. We use Opendoor Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Opendoor Technologies returns is essential to provide solid investment advice for Opendoor Technologies.
| Mean Return | -0.17 | Value At Risk | -7.41 | Potential Upside | 6.31 | Standard Deviation | 4.76 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Opendoor Technologies historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Opendoor Technologies Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Opendoor Technologies or Real Estate Management & Development sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Opendoor Technologies' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Opendoor stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 4.76 | |
Ir | Information ratio | -0.06 |
Opendoor Technologies Volatility Alert
Opendoor Technologies exhibits very low volatility with skewness of 0.44 and kurtosis of 1.48. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Opendoor Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Opendoor Technologies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Opendoor Technologies Fundamentals Vs Peers
Comparing Opendoor Technologies' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Opendoor Technologies' direct or indirect competition across all of the common fundamentals between Opendoor Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Opendoor Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Opendoor Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Opendoor Technologies by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Opendoor Technologies to competition |
| Fundamentals | Opendoor Technologies | Peer Average |
| Return On Equity | -0.41 | -0.31 |
| Return On Asset | -0.0557 | -0.14 |
| Profit Margin | (0.07) % | (1.27) % |
| Operating Margin | (0.05) % | (5.51) % |
| Current Valuation | 3.12 B | 16.62 B |
| Shares Outstanding | 715.07 M | 571.82 M |
| Shares Owned By Insiders | 10.21 % | 10.09 % |
| Shares Owned By Institutions | 55.38 % | 39.21 % |
| Number Of Shares Shorted | 86.28 M | 4.71 M |
| Price To Earning | 109.64 X | 28.72 X |
| Price To Book | 1.78 X | 9.51 X |
| Price To Sales | 0.29 X | 11.42 X |
| Revenue | 6.95 B | 9.43 B |
| Gross Profit | 667 M | 27.38 B |
| EBITDA | (290 M) | 3.9 B |
| Net Income | (275 M) | 570.98 M |
| Cash And Equivalents | 2.47 B | 2.7 B |
| Cash Per Share | 3.93 X | 5.01 X |
| Total Debt | 2.53 B | 5.32 B |
| Debt To Equity | 3.21 % | 48.70 % |
| Current Ratio | 2.76 X | 2.16 X |
| Book Value Per Share | 1.13 X | 1.93 K |
| Cash Flow From Operations | 2.34 B | 971.22 M |
| Short Ratio | 2.96 X | 4.00 X |
| Earnings Per Share | (0.54) X | 3.12 X |
| Price To Earnings To Growth | (0.51) X | 4.89 X |
| Target Price | 1.93 | |
| Number Of Employees | 1.98 K | 18.84 K |
| Beta | 2.7 | -0.15 |
| Market Capitalization | 1.42 B | 19.03 B |
| Total Asset | 3.57 B | 29.47 B |
| Retained Earnings | (3.33 B) | 9.33 B |
| Working Capital | 3.38 B | 1.48 B |
Note: Disposition of 2512 shares by Sydney Schaub of Opendoor Technologies at 1.79 subject to Rule 16b-3 [view details]
Opendoor Technologies Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Opendoor . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Opendoor Technologies Buy or Sell Advice
When is the right time to buy or sell Opendoor Technologies? Buying financial instruments such as Opendoor Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Opendoor Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Opendoor Stock, please use our How to Invest in Opendoor Technologies guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Real Estate Management & Development 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 Opendoor Technologies. If investors know Opendoor 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 Opendoor Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Opendoor Technologies is measured differently than its book value, which is the value of Opendoor that is recorded on the company's balance sheet. Investors also form their own opinion of Opendoor Technologies' value that differs from its market value or its book value, called intrinsic value, which is Opendoor Technologies' 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 Opendoor Technologies' market value can be influenced by many factors that don't directly affect Opendoor Technologies' 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 Opendoor Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Opendoor Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opendoor Technologies' 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.