Opal Fuels Stock Price on September 30, 2024
| OPAL Stock | USD 3.89 0.02 0.52% |
If you're considering investing in OPAL Stock, it is important to understand the factors that can impact its price. As of today, the current price of OPAL Fuels stands at 3.89, as last reported on the 29th of November, with the highest price reaching 3.95 and the lowest price hitting 3.86 during the day. As of now, OPAL Stock is slightly risky. OPAL Fuels retains Efficiency (Sharpe Ratio) of 0.0618, which implies the firm had a 0.0618% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for OPAL Fuels, which you can use to evaluate the volatility of the company. Please check OPAL Fuels' semi deviation of 2.19, and Market Risk Adjusted Performance of 0.1912 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
At this time, OPAL Fuels' Common Stock Shares Outstanding is quite stable compared to the past year. Stock Based Compensation is expected to rise to about 6.2 M this year, although the value of Liabilities And Stockholders Equity will most likely fall to about 460.2 M. . Price Earnings To Growth Ratio is expected to rise to 0.01 this year, although the value of Price To Sales Ratio will most likely fall to 0.56. OPAL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OPAL |
Sharpe Ratio = 0.0618
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Estimated Market Risk
| 2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average OPAL Fuels is performing at about 4% 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 OPAL Fuels by adding it to a well-diversified portfolio.
Price Book 2.3045 | Enterprise Value Ebitda 5.2736 | Price Sales 2.179 | Shares Float 12.9 M | Wall Street Target Price 7.425 |
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OPAL Fuels Valuation on September 30, 2024
It is possible to determine the worth of OPAL Fuels on a given historical date. On September 30, 2024 OPAL was worth 3.51 at the beginning of the trading date compared to the closed value of 3.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OPAL Fuels stock. Still, in general, we apply an absolute valuation method to find OPAL Fuels' 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 OPAL Fuels where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OPAL Fuels' related companies.
| Open | High | Low | Close | Volume | |
| 3.49 | 3.65 | 3.45 | 3.54 | 155,692 | |
09/30/2024 | 3.51 | 3.66 | 3.46 | 3.65 | 290,389 |
| 3.61 | 3.64 | 3.55 | 3.62 | 27,482 |
| Backtest OPAL Fuels | | | OPAL Fuels History | | | OPAL Fuels Valuation | Previous | Next |
OPAL Fuels Trading Date Momentum on September 30, 2024
| On October 01 2024 OPAL Fuels was traded for 3.62 at the closing time. The top price for the day was 3.64 and the lowest listed price was 3.55 . The trading volume for the day was 27.5 K. The trading history from October 1, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.82% . The trading delta at closing time against the current closing price is 3.84% . |
OPAL Fuels Fundamentals Correlations and Trends
By evaluating OPAL Fuels' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among OPAL Fuels' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OPAL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OPAL Fuels Stock history
OPAL Fuels 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 OPAL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OPAL Fuels 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 OPAL Fuels stock prices may prove useful in developing a viable investing in OPAL Fuels
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 27.5 M | 54.6 M | |
| Net Income Applicable To Common Shares | 18 M | 18.9 M |
OPAL Fuels Stock Technical Analysis
OPAL Fuels 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
OPAL Fuels Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
OPAL Fuels cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
OPAL Fuels November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how OPAL Fuels stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OPAL Fuels shares will generate the highest return on investment. By undertsting and applying OPAL Fuels stock market strength indicators, traders can identify OPAL Fuels entry and exit signals to maximize returns
OPAL Fuels Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OPAL Fuels' price direction in advance. Along with the technical and fundamental analysis of OPAL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OPAL 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 | 0.0497 | |||
| Jensen Alpha | 0.0506 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0099 | |||
| Treynor Ratio | 0.1812 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OPAL Fuels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy OPAL Stock please use our How to buy in OPAL Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.