Opera Stock Statistic Functions Beta
| OPRA Stock | USD 20.19 0.89 4.61% |
| Symbol |
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Opera correlated with the market. If Beta is less than 0 Opera generally moves in the opposite direction as compared to the market. If Opera Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Opera is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Opera is generally in the same direction as the market. If Beta > 1 Opera moves generally in the same direction as, but more than the movement of the benchmark.
Opera Technical Analysis Modules
Most technical analysis of Opera 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 Opera from various momentum indicators to cycle indicators. When you analyze Opera 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.| Cycle Indicators | ||
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| Volume Indicators |
About Opera 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 Opera. We use our internally-developed statistical techniques to arrive at the intrinsic value of Opera based on widely used predictive technical indicators. In general, we focus on analyzing Opera Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Opera'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 Opera's intrinsic value. In addition to deriving basic predictive indicators for Opera, we also check how macroeconomic factors affect Opera price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2023 | 2024 (projected) | Dividend Yield | 0.0176 | 0.0157 | Price To Sales Ratio | 2.97 | 2.82 |
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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.Did you try this?
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Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk |
| All Next | Launch Module |
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If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Casinos Invested over 90 shares | |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opera. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Opera Stock refer to our How to Trade Opera Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Application Software 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 Opera. If investors know Opera 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 Opera listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.111 | Dividend Share 0.8 | Earnings Share 1.8 | Revenue Per Share 5.073 | Quarterly Revenue Growth 0.2 |
The market value of Opera is measured differently than its book value, which is the value of Opera that is recorded on the company's balance sheet. Investors also form their own opinion of Opera's value that differs from its market value or its book value, called intrinsic value, which is Opera'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 Opera's market value can be influenced by many factors that don't directly affect Opera'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 Opera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opera'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.