Opendoor Technologies Stock Price on November 25, 2024
OPEN Stock | USD 1.99 0.29 17.06% |
Below is the normalized historical share price chart for Opendoor Technologies extending back to June 18, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Opendoor Technologies stands at 1.99, as last reported on the 25th of November, with the highest price reaching 2.01 and the lowest price hitting 1.67 during the day.
If you're considering investing in Opendoor Stock, it is important to understand the factors that can impact its price. Opendoor Technologies maintains Sharpe Ratio (i.e., Efficiency) of -0.0354, which implies the firm had a -0.0354% return per unit of risk over the last 3 months. Opendoor Technologies exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Opendoor Technologies' Risk Adjusted Performance of 0.0242, semi deviation of 4.5, and Coefficient Of Variation of 4894.82 to confirm the risk estimate we provide.
At this time, Opendoor Technologies' Total Stockholder Equity is very stable compared to the past year. As of the 25th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 5.3 B, while Common Stock Shares Outstanding is likely to drop about 478.6 M. . At this time, Opendoor Technologies' Price Fair Value is very stable compared to the past year. Opendoor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of June 2020 | 200 Day MA 2.2384 | 50 Day MA 1.8878 | Beta 2.696 |
Opendoor |
Sharpe Ratio = -0.0354
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Estimated Market Risk
4.76 actual daily | 42 58% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Opendoor Technologies is not performing at its full potential. However, 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 Opendoor Technologies by adding Opendoor Technologies to a well-diversified portfolio.
Price Book 1.7765 | Enterprise Value Ebitda (5.85) | Price Sales 0.2881 | Shares Float 638.1 M | Wall Street Target Price 1.9278 |
Opendoor Technologies Valuation on November 25, 2024
It is possible to determine the worth of Opendoor Technologies on a given historical date. On November 25, 2024 Opendoor was worth 1.71 at the beginning of the trading date compared to the closed value of 1.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Opendoor Technologies stock. Still, in general, we apply an absolute valuation method to find Opendoor Technologies' 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 Opendoor Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Opendoor Technologies' related companies.
Open | High | Low | Close | Volume | |
1.71 | 2.01 | 1.67 | 1.99 | 89,570,942 | |
11/25/2024 | 1.71 | 2.01 | 1.67 | 1.99 | 0.00 |
Backtest Opendoor Technologies | | | Opendoor Technologies History | | | Opendoor Technologies Valuation | Previous |
Opendoor Technologies Trading Date Momentum on November 25, 2024
On November 25 2024 Opendoor Technologies was traded for 1.99 at the closing time. The top price for the day was 2.01 and the lowest listed price was 1.67 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not cause price change. The trading delta at closing time against the current closing price is 14.07% . |
Opendoor Technologies Fundamentals Correlations and Trends
By evaluating Opendoor Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Opendoor Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Opendoor financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Opendoor Technologies Stock history
Opendoor Technologies 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 Opendoor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Opendoor Technologies 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 Opendoor Technologies stock prices may prove useful in developing a viable investing in Opendoor Technologies
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 657.1 M | 478.6 M | |
Net Loss | -1.2 B | -1.2 B |
Opendoor Technologies Quarterly Net Working Capital |
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Opendoor Technologies Stock Technical Analysis
Opendoor Technologies 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
Opendoor Technologies Period Price Range
Low | November 25, 2024
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0.00 | 0.00 |
Opendoor Technologies 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.
Opendoor Technologies November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Opendoor Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Opendoor Technologies shares will generate the highest return on investment. By undertsting and applying Opendoor Technologies stock market strength indicators, traders can identify Opendoor Technologies entry and exit signals to maximize returns
Opendoor Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Opendoor Technologies' price direction in advance. Along with the technical and fundamental analysis of Opendoor Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Opendoor 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 | 0.0242 | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.71) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.0345 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in 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. To learn how to invest in Opendoor Stock, please use our How to Invest in Opendoor Technologies guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.
Earnings Share (0.54) | Revenue Per Share 7.174 | Quarterly Revenue Growth 0.405 | Return On Assets (0.06) | Return On Equity (0.41) |
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.