Oportun Financial Corp Stock Market Value
| OPRT Stock | USD 3.03 0.08 2.57% |
| Symbol | Oportun |
Is Banking 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 Oportun Financial. If investors know Oportun 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 Oportun Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Oportun Financial Corp is measured differently than its book value, which is the value of Oportun that is recorded on the company's balance sheet. Investors also form their own opinion of Oportun Financial's value that differs from its market value or its book value, called intrinsic value, which is Oportun Financial'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 Oportun Financial's market value can be influenced by many factors that don't directly affect Oportun Financial'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 Oportun Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oportun Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oportun Financial'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.
Oportun Financial '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 Oportun Financial'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 Oportun Financial.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Oportun Financial on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Oportun Financial Corp or generate 0.0% return on investment in Oportun Financial over 30 days. Oportun Financial is related to or competes with SLM Corp, Orix Corp, FirstCash, Medallion Financial, EZCORP, Navient Corp, and Enova International. The company serves customers online and over-the-phone, as well as through retail locations More
Oportun Financial 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 Oportun Financial'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 Oportun Financial Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.5 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 16.16 | |||
| Value At Risk | (5.05) | |||
| Potential Upside | 7.55 |
Oportun Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oportun Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oportun Financial's standard deviation. In reality, there are many statistical measures that can use Oportun Financial historical prices to predict the future Oportun Financial's volatility.| Risk Adjusted Performance | 0.0144 | |||
| Jensen Alpha | 0.0557 | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.07) |
Oportun Financial Corp Backtested Returns
Currently, Oportun Financial Corp is very risky. Oportun Financial Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0083, which implies the firm had a 0.0083% return per unit of risk over the last 3 months. We have found thirty technical indicators for Oportun Financial Corp, which you can use to evaluate the volatility of the company. Please check Oportun Financial's Risk Adjusted Performance of 0.0144, semi deviation of 3.29, and Coefficient Of Variation of 12000.27 to confirm if the risk estimate we provide is consistent with the expected return of 0.0324%. The company holds a Beta of -0.33, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Oportun Financial are expected to decrease at a much lower rate. During the bear market, Oportun Financial is likely to outperform the market. Oportun Financial Corp right now holds a risk of 3.88%. Please check Oportun Financial Corp potential upside, as well as the relationship between the accumulation distribution and price action indicator , to decide if Oportun Financial Corp will be following its historical price patterns.
Auto-correlation | -0.25 |
Weak reverse predictability
Oportun Financial Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Oportun Financial time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Oportun Financial Corp price movement. The serial correlation of -0.25 indicates that over 25.0% of current Oportun Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Oportun Financial Corp lagged returns against current returns
Autocorrelation, which is Oportun Financial 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 Oportun Financial's stock expected returns. We can calculate the autocorrelation of Oportun Financial returns to help us make a trade decision. For example, suppose you find that Oportun Financial 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 |
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Oportun Financial 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 Oportun Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oportun Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oportun Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Oportun Financial Lagged Returns
When evaluating Oportun Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oportun Financial stock have on its future price. Oportun Financial 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, Oportun Financial autocorrelation shows the relationship between Oportun Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Oportun Financial Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Oportun Stock Analysis
When running Oportun Financial's price analysis, check to measure Oportun Financial'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 Oportun Financial is operating at the current time. Most of Oportun Financial's value examination focuses on studying past and present price action to predict the probability of Oportun Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oportun Financial's price. Additionally, you may evaluate how the addition of Oportun Financial to your portfolios can decrease your overall portfolio volatility.