Offerpad Solutions Stock Price on November 12, 2024
| OPAD Stock | USD 4.93 0.16 3.35% |
If you're considering investing in Offerpad Stock, it is important to understand the factors that can impact its price. As of today, the current price of Offerpad Solutions stands at 4.93, as last reported on the 29th of November, with the highest price reaching 4.99 and the lowest price hitting 4.80 during the day. Offerpad Solutions appears to be unstable, given 3 months investment horizon. Offerpad Solutions maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. By analyzing Offerpad Solutions' technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please evaluate Offerpad Solutions' Semi Deviation of 4.84, risk adjusted performance of 0.0655, and Coefficient Of Variation of 1347.43 to confirm if our risk estimates are consistent with your expectations.
At present, Offerpad Solutions' Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.01, whereas Other Stockholder Equity is forecasted to decline to about 314.4 M. . At present, Offerpad Solutions' Price Book Value Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.05, whereas Price Earnings Ratio is projected to grow to (2.19). Offerpad Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Offerpad |
Sharpe Ratio = 0.1161
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Estimated Market Risk
| 5.59 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.65 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Offerpad Solutions is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Offerpad Solutions by adding it to a well-diversified portfolio.
Price Book 2.0177 | Enterprise Value Ebitda (3.93) | Price Sales 0.1326 | Shares Float 14.8 M | Wall Street Target Price 3.9125 |
Related Headline
Frp Holdings Headline on 12th of November 2024
Filed transaction by Frp Holdings Ord Officer: Executive Vice President. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Offerpad Solutions Valuation on November 12, 2024
It is possible to determine the worth of Offerpad Solutions on a given historical date. On November 12, 2024 Offerpad was worth 3.91 at the beginning of the trading date compared to the closed value of 4.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Offerpad Solutions stock. Still, in general, we apply an absolute valuation method to find Offerpad Solutions' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Offerpad Solutions where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Offerpad Solutions' related companies.
| Open | High | Low | Close | Volume | |
| 3.68 | 3.94 | 3.56 | 3.86 | 57,667 | |
11/12/2024 | 3.91 | 4.38 | 3.82 | 4.38 | 57,554 |
| 4.49 | 4.89 | 4.20 | 4.24 | 82,422 |
| Backtest Offerpad Solutions | | | Offerpad Solutions History | | | Offerpad Solutions Valuation | Previous | Next |
Offerpad Solutions Trading Date Momentum on November 12, 2024
| On November 13 2024 Offerpad Solutions was traded for 4.24 at the closing time. The top price for the day was 4.89 and the lowest listed price was 4.20 . The trading volume for the day was 82.4 K. The trading history from November 13, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.20% . The trading delta at closing time against the current closing price is 11.64% . |
Offerpad Solutions Fundamentals Correlations and Trends
By evaluating Offerpad Solutions' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Offerpad Solutions' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Offerpad financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Offerpad Solutions Stock history
Offerpad Solutions investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Offerpad is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Offerpad Solutions will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Offerpad Solutions stock prices may prove useful in developing a viable investing in Offerpad Solutions
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 26.4 M | 27.7 M | |
| Net Loss | -133.8 M | -127.1 M |
Offerpad Solutions Quarterly Net Working Capital |
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Offerpad Solutions Stock Technical Analysis
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.
Price Boundaries
Offerpad Solutions Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Offerpad Solutions cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Offerpad Solutions November 29, 2024 Market Strength
Market strength 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 undertsting and applying Offerpad Solutions stock market strength indicators, traders can identify Offerpad Solutions entry and exit signals to maximize returns
Offerpad Solutions Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Offerpad Solutions' price direction in advance. Along with the technical and fundamental analysis of Offerpad Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Offerpad to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0655 | |||
| Jensen Alpha | 0.1429 | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | 0.0572 | |||
| Treynor Ratio | 0.1777 |
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Complementary Tools for Offerpad Stock analysis
When running Offerpad Solutions' price analysis, check to measure Offerpad Solutions' 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 Offerpad Solutions is operating at the current time. Most of Offerpad Solutions' value examination focuses on studying past and present price action to predict the probability of Offerpad Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Offerpad Solutions' price. Additionally, you may evaluate how the addition of Offerpad Solutions to your portfolios can decrease your overall portfolio volatility.
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