Opko Health Stock Price on November 6, 2024
| OPK Stock | USD 1.58 0.03 1.94% |
Below is the normalized historical share price chart for Opko Health extending back to November 02, 1995. 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 Opko Health stands at 1.58, as last reported on the 28th of November, with the highest price reaching 1.59 and the lowest price hitting 1.52 during the day.
If you're considering investing in Opko Stock, it is important to understand the factors that can impact its price. Opko Health maintains Sharpe Ratio (i.e., Efficiency) of -0.0281, which implies the firm had a -0.0281% return per unit of risk over the last 3 months. Opko Health exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Opko Health's Coefficient Of Variation of (7,272), variance of 6.32, and insignificant Risk Adjusted Performance to confirm the risk estimate we provide.
At this time, Opko Health's Common Stock is quite stable compared to the past year. Stock Based Compensation is expected to rise to about 15.1 M this year, although the value of Preferred Stock And Other Adjustments will most likely fall to about 359.1 K. . The value of Price To Sales Ratio is estimated to slide to 1.25. The value of Price Earnings Ratio is estimated to slide to -6.31. Opko Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of November 1995 | 200 Day MA 1.35 | 50 Day MA 1.5154 | Beta 1.647 |
Opko |
Sharpe Ratio = -0.0281
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| Negative Returns | OPK |
Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Opko Health 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 Opko Health by adding Opko Health to a well-diversified portfolio.
Price Book 0.7431 | Enterprise Value Ebitda 60.598 | Price Sales 1.4943 | Shares Float 271.5 M | Wall Street Target Price 3.9583 |
Related Headline
Caredx Headline on 6th of November 2024
Disposition of 452 shares by Jeffrey Novack of Caredx at 23.... by insidermonkey.com
Filed transaction by Caredx Inc Officer: Secretary And General Counsel. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Opko Health Valuation on November 6, 2024
It is possible to determine the worth of Opko Health on a given historical date. On November 6, 2024 Opko was worth 1.46 at the beginning of the trading date compared to the closed value of 1.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Opko Health stock. Still, in general, we apply an absolute valuation method to find Opko Health's 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 Opko Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Opko Health's related companies.
| Open | High | Low | Close | Volume | |
| 1.47 | 1.48 | 1.42 | 1.46 | 2,628,228 | |
11/06/2024 | 1.46 | 1.50 | 1.43 | 1.47 | 3,637,991 |
| 1.46 | 1.49 | 1.37 | 1.45 | 5,821,158 |
| Backtest Opko Health | | | Opko Health History | | | Opko Health Valuation | Previous | Next |
Opko Health Trading Date Momentum on November 6, 2024
| On November 07 2024 Opko Health was traded for 1.45 at the closing time. Highest Opko Health's price during the trading hours was 1.49 and the lowest price during the day was 1.37 . The net volume was 5.8 M. The overall trading history on the 7th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.36% . The trading delta at closing time to current price is 10.20% . |
Opko Health Fundamentals Correlations and Trends
By evaluating Opko Health's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Opko Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Opko financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Opko Health Stock history
Opko Health 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 Opko is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Opko Health 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 Opko Health stock prices may prove useful in developing a viable investing in Opko Health
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 751.8 M | 789.4 M | |
| Net Loss | -295.6 M | -280.8 M |
Opko Health Quarterly Net Working Capital |
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Opko Health Stock Technical Analysis
Opko Health 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
Opko Health Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Opko Health November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Opko Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Opko Health shares will generate the highest return on investment. By undertsting and applying Opko Health stock market strength indicators, traders can identify Opko Health entry and exit signals to maximize returns
Opko Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Opko Health's price direction in advance. Along with the technical and fundamental analysis of Opko Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Opko 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) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.07) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opko Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Opko Stock please use our How to buy in Opko Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Biotechnology 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 Opko Health. If investors know Opko 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 Opko Health 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 0.191 | Earnings Share (0.19) | Revenue Per Share 0.998 | Quarterly Revenue Growth (0.03) | Return On Assets (0.09) |
The market value of Opko Health is measured differently than its book value, which is the value of Opko that is recorded on the company's balance sheet. Investors also form their own opinion of Opko Health's value that differs from its market value or its book value, called intrinsic value, which is Opko Health's 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 Opko Health's market value can be influenced by many factors that don't directly affect Opko Health's 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 Opko Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opko Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opko Health's 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.