Odp Corp Stock Statistic Functions Beta

ODP Stock  USD 25.86  0.05  0.19%   
ODP Corp statistic functions tool provides the execution environment for running the Beta function and other technical functions against ODP Corp. ODP Corp value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. ODP Corp statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on ODP Corp correlated with the market. If Beta is less than 0 ODP Corp generally moves in the opposite direction as compared to the market. If ODP Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ODP Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ODP Corp is generally in the same direction as the market. If Beta > 1 ODP Corp moves generally in the same direction as, but more than the movement of the benchmark.

ODP Corp Technical Analysis Modules

Most technical analysis of ODP Corp help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ODP from various momentum indicators to cycle indicators. When you analyze ODP charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About ODP Corp Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ODP Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of ODP Corp based on widely used predictive technical indicators. In general, we focus on analyzing ODP Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ODP Corp's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of ODP Corp's intrinsic value. In addition to deriving basic predictive indicators for ODP Corp, we also check how macroeconomic factors affect ODP Corp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.01230.0116
Price To Sales Ratio0.30.5
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ODP Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
23.4225.7728.12
Details
Intrinsic
Valuation
LowRealHigh
23.2735.6938.04
Details
Naive
Forecast
LowNextHigh
22.7425.0927.44
Details
2 Analysts
Consensus
LowTargetHigh
62.1168.2575.76
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ODP Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ODP Corp's short interest history, or implied volatility extrapolated from ODP Corp options trading.

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Additional Tools for ODP Stock Analysis

When running ODP Corp's price analysis, check to measure ODP Corp'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 Corp is operating at the current time. Most of ODP Corp's value examination focuses on studying past and present price action to predict the probability of ODP Corp'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 Corp's price. Additionally, you may evaluate how the addition of ODP Corp to your portfolios can decrease your overall portfolio volatility.