Opthea Biopharma Innovator on the Verge of a Wet AMD Treatment Revolution - Insider Monkey
| CKDXF Stock | USD 0.44 0.00 0.00% |
Roughly 56% of Opthea's investor base is looking to short. The analysis of overall sentiment of trading Opthea pink sheet suggests that many investors are alarmed at this time. The current market sentiment, together with Opthea's historical and current headlines, can help investors time the market. In addition, many technical investors use Opthea stock news signals to limit their universe of possible portfolio assets.
Opthea pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Opthea daily returns and investor perception about the current price of Opthea as well as its diversification or hedging effects on your existing portfolios.
Opthea |
Opthea Biopharma Innovator on the Verge of a Wet AMD Treatment Revolution Insider Monkey
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Opthea Fundamental Analysis
We analyze Opthea's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Opthea using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Opthea based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Opthea is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Opthea Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Opthea pink sheet to make a market-neutral strategy. Peer analysis of Opthea could also be used in its relative valuation, which is a method of valuing Opthea by comparing valuation metrics with similar companies.
Peers
Opthea Related Equities
| ACU | Acme United | 2.51 | ||||
| ACLS | Axcelis Technologies | 0.78 | ||||
| PG | Procter Gamble | 0.48 | ||||
| CPAC | Cementos Pacasmayo | 0.17 | ||||
| TKR | Timken | 0.16 | ||||
| MYRG | MYR | 1.60 | ||||
| CECO | CECO Environmental | 3.15 |
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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