Opal Balance Revenue vs. Shares Owned By Institutions
| OPAL Stock | ILS 208.90 1.10 0.52% |
For Opal Balance profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Opal Balance to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Opal Balance utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Opal Balance's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Opal Balance over time as well as its relative position and ranking within its peers.
Opal |
Opal Balance Shares Owned By Institutions vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Opal Balance's current stock value. Our valuation model uses many indicators to compare Opal Balance value to that of its competitors to determine the firm's financial worth. Opal Balance is rated below average in revenue category among its peers. It is regarded fifth in shares owned by institutions category among its peers . The ratio of Revenue to Shares Owned By Institutions for Opal Balance is about 5,608,013 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Opal Balance by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Opal Balance'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.Opal Revenue vs. Competition
Opal Balance is rated below average in revenue category among its peers. Market size based on revenue of Financials industry is now estimated at about 17.03 Billion. Opal Balance adds roughly 67.18 Million in revenue claiming only tiny portion of equities under Financials industry.
Opal Shares Owned By Institutions vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Opal Balance |
| = | 67.18 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Opal Balance |
| = | 11.98 % |
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.
Opal Shares Owned By Institutions Comparison
Opal Balance is currently under evaluation in shares owned by institutions category among its peers.
Opal Balance Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Opal Balance, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Opal Balance will eventually generate negative long term returns. The profitability progress is the general direction of Opal Balance's change in net profit over the period of time. It can combine multiple indicators of Opal Balance, 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.
Mirsani Trade And Marketing Ltd., Investnet Ltd., and Opal Balance Investments Ltd represents the combined operations of Mirsani Trade And Marketing Ltd., Investnet Ltd, and Opal Balance Investments Ltd. Opal Balance Investments Ltd provides various financing solutions and services in Israel. OPAL BALANCE is traded on Tel Aviv Stock Exchange in Israel.
Opal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Opal Balance. 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 Opal Balance 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 Opal Balance's important profitability drivers and their relationship over time.
Use Opal Balance 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 Opal Balance 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 Opal Balance will appreciate offsetting losses from the drop in the long position's value.Opal Balance Pair Trading
Opal Balance Pair Trading Analysis
The ability to find closely correlated positions to Opal Balance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Opal Balance 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 Opal Balance - 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 Opal Balance to buy it.
The correlation of Opal Balance 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 Opal Balance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Opal Balance 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 Opal Balance 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 Opal Balance position
In addition to having Opal Balance 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?
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Other Information on Investing in Opal Stock
To fully project Opal Balance's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Opal Balance at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Opal Balance's income statement, its balance sheet, and the statement of cash flows.