Opal Fuels Stock Alpha and Beta Analysis
| OPAL Stock | USD 3.68 0.02 0.54% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as OPAL Fuels. It also helps investors analyze the systematic and unsystematic risks associated with investing in OPAL Fuels over a specified time horizon. Remember, high OPAL Fuels' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to OPAL Fuels' market risk premium analysis include:
Beta 0.86 | Alpha (0.11) | Risk 2.64 | Sharpe Ratio 0.0276 | Expected Return 0.073 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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OPAL Fuels Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. OPAL Fuels market risk premium is the additional return an investor will receive from holding OPAL Fuels long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in OPAL Fuels. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate OPAL Fuels' performance over market.| α | -0.11 | β | 0.86 |
OPAL Fuels expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of OPAL Fuels' Buy-and-hold return. Our buy-and-hold chart shows how OPAL Fuels performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.OPAL Fuels Market Price Analysis
Market price analysis indicators help investors to evaluate how OPAL Fuels stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OPAL Fuels shares will generate the highest return on investment. By understating and applying OPAL Fuels stock market price indicators, traders can identify OPAL Fuels position entry and exit signals to maximize returns.
OPAL Fuels Return and Market Media
The median price of OPAL Fuels for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 3.67 with a coefficient of variation of 4.6. The daily time series for the period is distributed with a sample standard deviation of 0.17, arithmetic mean of 3.67, and mean deviation of 0.13. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | OPAL Fuels Stock Rating Lowered by Scotiabank - MarketBeat | 09/03/2024 |
2 | Acquisition by Opal Holdco Llc of 71500000 shares of OPAL Fuels subject to Rule 16b-3 | 09/04/2024 |
3 | Top marks awarded to school playground project | 10/08/2024 |
4 | OPAL Fuels Begins Commercial Operations of its Polk County Florida RNG Project | 10/31/2024 |
5 | Vanguard Group Incs Strategic Reduction in OPAL Fuels Inc Shares | 11/05/2024 |
6 | OPAL Fuels Inc Q3 2024 Earnings Report Preview What To Expect | 11/06/2024 |
7 | OPAL Fuels Reports Third Quarter 2024 Results | 11/07/2024 |
8 | OPAL Fuels GAAP EPS of 0.09, revenue of 84M | 11/08/2024 |
9 | Why OPAL Fuels Shaky Earnings Are Just The Beginning Of Its Problems | 11/14/2024 |
10 | Disposition of 75000 shares by Jonathan Maurer of OPAL Fuels subject to Rule 16b-3 | 11/22/2024 |
About OPAL Fuels Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including OPAL or other stocks. Alpha measures the amount that position in OPAL Fuels has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.002564 | 0.002308 | 0.002042 | Price To Sales Ratio | 8.67 | 0.59 | 0.56 |
OPAL Fuels Upcoming Company Events
As portrayed in its financial statements, the presentation of OPAL Fuels' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, OPAL Fuels' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of OPAL Fuels' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of OPAL Fuels. Please utilize our Beneish M Score to check the likelihood of OPAL Fuels' management manipulating its earnings.
| 25th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 25th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with OPAL Fuels
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Check out OPAL Fuels Backtesting, OPAL Fuels Valuation, OPAL Fuels Correlation, OPAL Fuels Hype Analysis, OPAL Fuels Volatility, OPAL Fuels History and analyze OPAL Fuels Performance. For more information on how to buy OPAL Stock please use our How to buy in OPAL Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
OPAL Fuels 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.