Offerpad Solutions Stock Alpha and Beta Analysis
| OPAD Stock | USD 4.93 0.16 3.35% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Offerpad Solutions. It also helps investors analyze the systematic and unsystematic risks associated with investing in Offerpad Solutions over a specified time horizon. Remember, high Offerpad Solutions' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Offerpad Solutions' market risk premium analysis include:
Beta 2.29 | Alpha 0.14 | Risk 5.59 | Sharpe Ratio 0.12 | Expected Return 0.65 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Offerpad |
Offerpad Solutions Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Offerpad Solutions market risk premium is the additional return an investor will receive from holding Offerpad Solutions long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Offerpad Solutions. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Offerpad Solutions' performance over market.| α | 0.14 | β | 2.29 |
Offerpad Solutions expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Offerpad Solutions' Buy-and-hold return. Our buy-and-hold chart shows how Offerpad Solutions performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Offerpad Solutions Market Price Analysis
Market price analysis indicators help investors to evaluate how Offerpad Solutions stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Offerpad Solutions shares will generate the highest return on investment. By understating and applying Offerpad Solutions stock market price indicators, traders can identify Offerpad Solutions position entry and exit signals to maximize returns.
Offerpad Solutions Return and Market Media
The median price of Offerpad Solutions for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 3.64 with a coefficient of variation of 13.93. The daily time series for the period is distributed with a sample standard deviation of 0.51, arithmetic mean of 3.64, and mean deviation of 0.42. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Degiorgio Kenneth D of 13333 shares of Offerpad Solutions subject to Rule 16b-3 | 09/06/2024 |
2 | Offerpad Solutions Trading Up 7 percent - MarketBeat | 09/19/2024 |
3 | Offerpad to Release Third Quarter Results on November 4th | 10/14/2024 |
4 | FirstService Q3 Earnings and Revenues Beat Estimates | 10/24/2024 |
5 | Offerpad Surprises With Q3 Sales But Quarterly Guidance Underwhelms | 11/04/2024 |
6 | Offerpad Solutions Inc. Q3 2024 Earnings Call Transcript | 11/05/2024 |
7 | Offerpad Solutions Third Quarter 2024 Earnings Revenues Beat Expectations, EPS Lags | 11/06/2024 |
8 | US3.91 Thats What Analysts Think Offerpad Solutions Inc. Is Worth After Its Latest Results | 11/07/2024 |
About Offerpad Solutions Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Offerpad or other stocks. Alpha measures the amount that position in Offerpad Solutions has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 291.08 | 811.25 | 251.56 | 238.98 | Days Of Inventory On Hand | 221.94 | 64.36 | 81.11 | 122.47 |
Offerpad Solutions Upcoming Company Events
As portrayed in its financial statements, the presentation of Offerpad Solutions' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Offerpad Solutions' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Offerpad Solutions' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Offerpad Solutions. Please utilize our Beneish M Score to check the likelihood of Offerpad Solutions' management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Offerpad Solutions Backtesting, Offerpad Solutions Valuation, Offerpad Solutions Correlation, Offerpad Solutions Hype Analysis, Offerpad Solutions Volatility, Offerpad Solutions History and analyze Offerpad Solutions Performance. For information on how to trade Offerpad Stock refer to our How to Trade Offerpad Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Offerpad Solutions technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.