Offerpad Solutions Stock Market Value
| OPAD Stock | USD 4.14 0.06 1.47% |
| Symbol | Offerpad |
Offerpad Solutions Price To Book Ratio
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 Offerpad Solutions. If investors know Offerpad 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 Offerpad Solutions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.18) | Revenue Per Share 35.993 | Quarterly Revenue Growth (0.11) | Return On Assets (0.07) | Return On Equity (0.67) |
The market value of Offerpad Solutions is measured differently than its book value, which is the value of Offerpad that is recorded on the company's balance sheet. Investors also form their own opinion of Offerpad Solutions' value that differs from its market value or its book value, called intrinsic value, which is Offerpad Solutions' 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 Offerpad Solutions' market value can be influenced by many factors that don't directly affect Offerpad Solutions' 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 Offerpad Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Offerpad Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Offerpad Solutions' 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.
Offerpad Solutions 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Offerpad Solutions' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Offerpad Solutions.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Offerpad Solutions on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Offerpad Solutions or generate 0.0% return on investment in Offerpad Solutions over 30 days. Offerpad Solutions is related to or competes with Re Max, Marcus Millichap, Frp Holdings, Maui Land, Redfin Corp, EXp World, and Ohmyhome Limited. Offerpad Solutions Inc., together with its subsidiaries, engages in buying, selling, renting, and renovating properties ... More
Offerpad Solutions Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Offerpad Solutions' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Offerpad Solutions upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.17 | |||
| Information Ratio | 0.0225 | |||
| Maximum Drawdown | 25.5 | |||
| Value At Risk | (9.91) | |||
| Potential Upside | 9.19 |
Offerpad Solutions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Offerpad Solutions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Offerpad Solutions' standard deviation. In reality, there are many statistical measures that can use Offerpad Solutions historical prices to predict the future Offerpad Solutions' volatility.| Risk Adjusted Performance | 0.0439 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.60) | |||
| Sortino Ratio | 0.0237 | |||
| Treynor Ratio | 0.0964 |
Offerpad Solutions Backtested Returns
At this point, Offerpad Solutions is unstable. Offerpad Solutions maintains Sharpe Ratio (i.e., Efficiency) of 0.028, which implies the firm had a 0.028% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Offerpad Solutions, which you can use to evaluate the volatility of the company. Please check Offerpad Solutions' Coefficient Of Variation of 2164.42, semi deviation of 5.06, and Risk Adjusted Performance of 0.0439 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Offerpad Solutions has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of 2.5, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Offerpad Solutions will likely underperform. Offerpad Solutions right now holds a risk of 5.42%. Please check Offerpad Solutions standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to decide if Offerpad Solutions will be following its historical price patterns.
Auto-correlation | 0.02 |
Virtually no predictability
Offerpad Solutions has virtually no predictability. Overlapping area represents the amount of predictability between Offerpad Solutions time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Offerpad Solutions price movement. The serial correlation of 0.02 indicates that only 2.0% of current Offerpad Solutions price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Offerpad Solutions lagged returns against current returns
Autocorrelation, which is Offerpad Solutions stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Offerpad Solutions' stock expected returns. We can calculate the autocorrelation of Offerpad Solutions returns to help us make a trade decision. For example, suppose you find that Offerpad Solutions has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Offerpad Solutions regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Offerpad Solutions stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Offerpad Solutions stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Offerpad Solutions stock over time.
Current vs Lagged Prices |
| Timeline |
Offerpad Solutions Lagged Returns
When evaluating Offerpad Solutions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Offerpad Solutions stock have on its future price. Offerpad Solutions autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Offerpad Solutions autocorrelation shows the relationship between Offerpad Solutions stock current value and its past values and can show if there is a momentum factor associated with investing in Offerpad Solutions.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Offerpad Solutions is a strong investment it is important to analyze Offerpad Solutions' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Offerpad Solutions' future performance. For an informed investment choice regarding Offerpad Stock, refer to the following important reports:Check out Offerpad Solutions Correlation, Offerpad Solutions Volatility and Offerpad Solutions Alpha and Beta module to complement your research on Offerpad Solutions. For information on how to trade Offerpad Stock refer to our How to Trade Offerpad Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Offerpad Solutions 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.