Opthea Stock Performance
| CKDXF Stock | USD 0.44 0.00 0.00% |
Opthea holds a performance score of 7 on a scale of zero to a hundred. The company holds a Beta of -2.44, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Opthea are expected to decrease by larger amounts. On the other hand, during market turmoil, Opthea is expected to outperform it. Use Opthea jensen alpha and rate of daily change , to analyze future returns on Opthea.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Opthea are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite nearly conflicting basic indicators, Opthea reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 118.2 M | |
| Total Cashflows From Investing Activities | -16.9 K |
Opthea |
Opthea Relative Risk vs. Return Landscape
If you would invest 29.00 in Opthea on September 3, 2024 and sell it today you would earn a total of 15.00 from holding Opthea or generate 51.72% return on investment over 90 days. Opthea is currently producing 1.1523% returns and takes up 12.4451% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Opthea, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Opthea Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Opthea's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Opthea, and traders can use it to determine the average amount a Opthea's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0926
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Estimated Market Risk
| 12.45 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.15 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Opthea is performing at about 7% 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 Opthea by adding it to a well-diversified portfolio.
Opthea Fundamentals Growth
Opthea Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Opthea, and Opthea fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Opthea Pink Sheet performance.
| Return On Equity | -1.01 | |||
| Return On Asset | -0.61 | |||
| Operating Margin | (485.10) % | |||
| Current Valuation | 164.26 M | |||
| Shares Outstanding | 404.98 M | |||
| Price To Book | 2.75 X | |||
| Price To Sales | 1,669 X | |||
| Revenue | 90.68 K | |||
| EBITDA | (96.46 M) | |||
| Book Value Per Share | 0.14 X | |||
| Cash Flow From Operations | (71.33 M) | |||
| Total Asset | 60.05 M | |||
About Opthea Performance
By analyzing Opthea's fundamental ratios, stakeholders can gain valuable insights into Opthea's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Opthea has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Opthea has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Opthea performance evaluation
Checking the ongoing alerts about Opthea for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Opthea help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Opthea is way too risky over 90 days horizon | |
| Opthea has some characteristics of a very speculative penny stock | |
| Opthea appears to be risky and price may revert if volatility continues | |
| Opthea has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 90.68 K. Net Loss for the year was (92.82 M) with profit before overhead, payroll, taxes, and interest of 38.5 K. | |
| Opthea generates negative cash flow from operations | |
| Latest headline from benzinga.com: Tesla Has Best EV Under 50K, Rivian CEO Says In Praise Of Rival Its A Great Brand |
- Analyzing Opthea's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Opthea's stock is overvalued or undervalued compared to its peers.
- Examining Opthea's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Opthea's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Opthea's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Opthea's pink sheet. These opinions can provide insight into Opthea's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Opthea Pink Sheet analysis
When running Opthea's price analysis, check to measure Opthea'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 Opthea is operating at the current time. Most of Opthea's value examination focuses on studying past and present price action to predict the probability of Opthea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opthea's price. Additionally, you may evaluate how the addition of Opthea to your portfolios can decrease your overall portfolio volatility.
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