Opera Stock Price on April 25, 2024
| OPRA Stock | USD 19.81 0.25 1.25% |
Below is the normalized historical share price chart for Opera extending back to July 27, 2018. 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 Opera stands at 19.81, as last reported on the 27th of November, with the highest price reaching 20.09 and the lowest price hitting 19.60 during the day.
If you're considering investing in Opera Stock, it is important to understand the factors that can impact its price. Opera appears to be not too volatile, given 3 months investment horizon. Opera maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2% return per unit of risk over the last 3 months. By analyzing Opera's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please evaluate Opera's Coefficient Of Variation of 742.35, semi deviation of 1.96, and Risk Adjusted Performance of 0.1101 to confirm if our risk estimates are consistent with your expectations.
At present, Opera's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 118.2 M, whereas Common Stock Total Equity is forecasted to decline to about 20.5 K. . At present, Opera's Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.01, whereas Price To Sales Ratio is forecasted to decline to 2.83. Opera Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of July 2018 | 200 Day MA 14.3754 | 50 Day MA 16.4332 | Beta 0.969 |
Opera |
Sharpe Ratio = 0.1991
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Estimated Market Risk
| 2.58 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Opera is performing at about 15% 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 Opera by adding it to a well-diversified portfolio.
Price Book 1.9594 | Enterprise Value Ebitda 8.9572 | Price Sales 3.9892 | Shares Float 48.9 M | Dividend Share 0.8 |
Opera Valuation on April 25, 2024
It is possible to determine the worth of Opera on a given historical date. On April 25, 2024 Opera was worth 13.35 at the beginning of the trading date compared to the closed value of 13.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Opera stock. Still, in general, we apply an absolute valuation method to find Opera'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 Opera where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Opera's related companies.
| Open | High | Low | Close | Volume | |
| 14.11 | 14.23 | 13.71 | 14.07 | 739,688 | |
04/25/2024 | 13.35 | 13.68 | 12.48 | 13.21 | 1,603,865 |
| 13.26 | 13.29 | 12.49 | 12.95 | 1,179,806 |
| Backtest Opera | | | Opera History | | | Opera Valuation | Previous | Next |
Opera Trading Date Momentum on April 25, 2024
| On April 26 2024 Opera was traded for 12.95 at the closing time. The top price for the day was 13.29 and the lowest listed price was 12.49 . The trading volume for the day was 1.2 M. The trading history from April 26, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.97% . The trading delta at closing time against the current closing price is 2.80% . |
Opera Fundamentals Correlations and Trends
By evaluating Opera'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 Opera's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Opera financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Opera Stock history
Opera 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 Opera is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Opera 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 Opera stock prices may prove useful in developing a viable investing in Opera
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 90.9 M | 118.2 M | |
| Net Income Applicable To Common Shares | 17.3 M | 16.4 M |
Opera Quarterly Net Working Capital |
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Opera Stock Technical Analysis
Opera 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
Opera Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Opera 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.
Opera November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Opera stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Opera shares will generate the highest return on investment. By undertsting and applying Opera stock market strength indicators, traders can identify Opera entry and exit signals to maximize returns
Opera Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Opera's price direction in advance. Along with the technical and fundamental analysis of Opera Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Opera 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 | 0.1101 | |||
| Jensen Alpha | 0.2527 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.1085 | |||
| Treynor Ratio | 0.4232 |
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| Volume Indicators |
Complementary Tools for Opera Stock analysis
When running Opera's price analysis, check to measure Opera's 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 Opera is operating at the current time. Most of Opera's value examination focuses on studying past and present price action to predict the probability of Opera's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opera's price. Additionally, you may evaluate how the addition of Opera to your portfolios can decrease your overall portfolio volatility.
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