Ophir Resources Co Stock Market Value
| SUFF Stock | USD 0.0002 0.00 0.00% |
| Symbol | Ophir |
Is Apparel, Accessories & Luxury Goods 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 Ophir Resources. If investors know Ophir 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 Ophir Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.526 | Return On Assets (0) | Return On Equity (0) |
The market value of Ophir Resources is measured differently than its book value, which is the value of Ophir that is recorded on the company's balance sheet. Investors also form their own opinion of Ophir Resources' value that differs from its market value or its book value, called intrinsic value, which is Ophir Resources' 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 Ophir Resources' market value can be influenced by many factors that don't directly affect Ophir Resources' 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 Ophir Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ophir Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ophir Resources' 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.
Ophir Resources '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 Ophir Resources' 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 Ophir Resources.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Ophir Resources on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Ophir Resources Co or generate 0.0% return on investment in Ophir Resources over 180 days. Ophir Resources is related to or competes with VF, Levi Strauss, Under Armour, Columbia Sportswear, Oxford Industries, Kontoor Brands, and G III. Ophir Resources Co. designs, manufactures, and sells apparel and training gear products related to mixed martial arts wo... More
Ophir Resources 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 Ophir Resources' 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 Ophir Resources Co upside and downside potential and time the market with a certain degree of confidence.
Ophir Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ophir Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ophir Resources' standard deviation. In reality, there are many statistical measures that can use Ophir Resources historical prices to predict the future Ophir Resources' volatility.Ophir Resources Backtested Returns
We have found three technical indicators for Ophir Resources, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Ophir Resources are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Ophir Resources Co has no correlation between past and present. Overlapping area represents the amount of predictability between Ophir Resources time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 Ophir Resources price movement. The serial correlation of 0.0 indicates that just 0.0% of current Ophir Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ophir Resources lagged returns against current returns
Autocorrelation, which is Ophir Resources 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 Ophir Resources' stock expected returns. We can calculate the autocorrelation of Ophir Resources returns to help us make a trade decision. For example, suppose you find that Ophir Resources 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 |
Ophir Resources 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 Ophir Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ophir Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ophir Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Ophir Resources Lagged Returns
When evaluating Ophir Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ophir Resources stock have on its future price. Ophir Resources 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, Ophir Resources autocorrelation shows the relationship between Ophir Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Ophir Resources Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Ophir Resources is a strong investment it is important to analyze Ophir Resources' 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 Ophir Resources' future performance. For an informed investment choice regarding Ophir Stock, refer to the following important reports:Check out Ophir Resources Correlation, Ophir Resources Volatility and Ophir Resources Alpha and Beta module to complement your research on Ophir Resources. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Ophir Resources 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.