ODP Price To Earning vs. Shares Owned By Institutions
| ODP Stock | MXN 826.00 0.00 0.00% |
For ODP profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ODP to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well The ODP utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ODP's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of The ODP over time as well as its relative position and ranking within its peers.
ODP |
ODP Shares Owned By Institutions vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ODP's current stock value. Our valuation model uses many indicators to compare ODP value to that of its competitors to determine the firm's financial worth. The ODP is considered to be number one stock in price to earning category among its peers. It also is considered to be number one stock in shares owned by institutions category among its peers producing about 0.24 of Shares Owned By Institutions per Price To Earning. The ratio of Price To Earning to Shares Owned By Institutions for The ODP is roughly 4.12 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ODP by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ODP's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.ODP Shares Owned By Institutions vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
ODP |
| = | 410.00 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
ODP |
| = | 99.62 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
ODP Shares Owned By Institutions Comparison
ODP is currently under evaluation in shares owned by institutions category among its peers.
ODP Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ODP, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ODP will eventually generate negative long term returns. The profitability progress is the general direction of ODP's change in net profit over the period of time. It can combine multiple indicators of ODP, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Office Depot, Inc. provides business services and supplies, products, and technology solutions. Office Depot, Inc. was founded in 1986 and is headquartered in Boca Raton, Florida. Office Depot operates under Specialty Retail classification in Mexico and is traded on Mexico Stock Exchange. It employs 44000 people.
ODP Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ODP. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ODP position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ODP's important profitability drivers and their relationship over time.
Use ODP in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ODP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ODP will appreciate offsetting losses from the drop in the long position's value.ODP Pair Trading
The ODP Pair Trading Analysis
The ability to find closely correlated positions to ODP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ODP when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ODP - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The ODP to buy it.
The correlation of ODP is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ODP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ODP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ODP can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your ODP position
In addition to having ODP in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Computers Thematic Idea Now
Computers
Companies that manufacture and distribute personal and business computers. The Computers theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Computers Theme or any other thematic opportunities.
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Additional Tools for ODP Stock Analysis
When running ODP's price analysis, check to measure ODP'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 ODP is operating at the current time. Most of ODP's value examination focuses on studying past and present price action to predict the probability of ODP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ODP's price. Additionally, you may evaluate how the addition of ODP to your portfolios can decrease your overall portfolio volatility.