Oppfi Inc Stock Market Value
| OPFI Stock | USD 7.61 0.39 5.40% |
| Symbol | OppFi |
OppFi Inc Price To Book Ratio
Is Asset Management & Custody Banks 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 OppFi. If investors know OppFi 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 OppFi 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 0.631 | Earnings Share 0.353 | Revenue Per Share 13.499 | Quarterly Revenue Growth 0.256 | Return On Assets 0.1177 |
The market value of OppFi Inc is measured differently than its book value, which is the value of OppFi that is recorded on the company's balance sheet. Investors also form their own opinion of OppFi's value that differs from its market value or its book value, called intrinsic value, which is OppFi'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 OppFi's market value can be influenced by many factors that don't directly affect OppFi'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 OppFi's value and its price as these two are different measures arrived at by different means. Investors typically determine if OppFi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OppFi'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.
OppFi '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 OppFi's 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 OppFi.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in OppFi on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding OppFi Inc or generate 0.0% return on investment in OppFi over 720 days. OppFi is related to or competes with Dave, CS Disco, Enfusion, Nerdy, Vacasa, ON24, and Mitek Systems. OppFi Inc. operates a financial technology platform that allows banks to offer lending products More
OppFi 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 OppFi's 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 OppFi Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.21 | |||
| Information Ratio | 0.1749 | |||
| Maximum Drawdown | 27.83 | |||
| Value At Risk | (5.06) | |||
| Potential Upside | 6.73 |
OppFi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OppFi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OppFi's standard deviation. In reality, there are many statistical measures that can use OppFi historical prices to predict the future OppFi's volatility.| Risk Adjusted Performance | 0.1647 | |||
| Jensen Alpha | 0.6749 | |||
| Total Risk Alpha | 0.1992 | |||
| Sortino Ratio | 0.2453 | |||
| Treynor Ratio | 0.4699 |
OppFi Inc Backtested Returns
OppFi appears to be moderately volatile, given 3 months investment horizon. OppFi Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of risk over the last 3 months. By analyzing OppFi's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please evaluate OppFi's Risk Adjusted Performance of 0.1647, semi deviation of 2.96, and Coefficient Of Variation of 490.31 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, OppFi holds a performance score of 15. The company holds a Beta of 1.93, 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, OppFi will likely underperform. Please check OppFi's maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to make a quick decision on whether OppFi's historical price patterns will revert.
Auto-correlation | 0.76 |
Good predictability
OppFi Inc has good predictability. Overlapping area represents the amount of predictability between OppFi time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 OppFi Inc price movement. The serial correlation of 0.76 indicates that around 76.0% of current OppFi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 1.14 |
OppFi Inc lagged returns against current returns
Autocorrelation, which is OppFi 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 OppFi's stock expected returns. We can calculate the autocorrelation of OppFi returns to help us make a trade decision. For example, suppose you find that OppFi 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 |
OppFi 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 OppFi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OppFi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OppFi stock over time.
Current vs Lagged Prices |
| Timeline |
OppFi Lagged Returns
When evaluating OppFi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OppFi stock have on its future price. OppFi 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, OppFi autocorrelation shows the relationship between OppFi stock current value and its past values and can show if there is a momentum factor associated with investing in OppFi Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether OppFi Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OppFi's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oppfi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oppfi Inc Stock:Check out OppFi Correlation, OppFi Volatility and OppFi Alpha and Beta module to complement your research on OppFi. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
OppFi 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.