Odp Corp Stock Odds of Future Stock Price Finishing Over 45.99
| ODP Stock | USD 45.99 0.44 0.97% |
Closest to current price ODP long CALL Option Payoff at Expiration
ODP |
ODP Corp Target Price Odds to finish over 45.99
The tendency of ODP Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 45.99 | 90 days | 45.99 | about 57.04 |
Based on a normal probability distribution, the odds of ODP Corp to move above the current price in 90 days from now is about 57.04 (This ODP Corp probability density function shows the probability of ODP Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.32 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ODP Corp will likely underperform. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. ODP Corp is significantly underperforming NYSE Composite. ODP Corp Price Density |
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Predictive Modules for ODP Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ODP Corp. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, frequently view 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. Please use the tools below to analyze the current value of ODP Corp in the context of predictive analytics.
ODP Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ODP Corp is not an exception. The market had few large corrections towards the ODP Corp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold ODP Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ODP Corp within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.11 | |
β | Beta against NYSE Composite | 1.32 | |
σ | Overall volatility | 1.69 | |
Ir | Information ratio | -0.06 |
ODP Corp Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of ODP Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ODP Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ODP Corp generated a negative expected return over the last 90 days | |
| ODP Corp is unlikely to experience financial distress in the next 2 years | |
| Over 96.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: ODP Corp Stock by the Numbers - InvestorsObserver |
ODP Corp Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ODP Stock often depends not only on the future outlook of the current and potential ODP Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ODP Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 49 M | |
| Cash And Short Term Investments | 403 M |
ODP Corp Technical Analysis
ODP Corp's future price can be derived by breaking down and analyzing its technical indicators over time. ODP Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ODP Corp. In general, you should focus on analyzing ODP Stock price patterns and their correlations with different microeconomic environments and drivers.
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ODP Corp Predictive Forecast Models
ODP Corp's time-series forecasting models is one of many ODP Corp's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ODP Corp's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about ODP Corp
Checking the ongoing alerts about ODP Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ODP Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ODP Corp generated a negative expected return over the last 90 days | |
| ODP Corp is unlikely to experience financial distress in the next 2 years | |
| Over 96.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: ODP Corp Stock by the Numbers - InvestorsObserver |
Check out ODP Corp Backtesting, ODP Corp Valuation, ODP Corp Correlation, ODP Corp Hype Analysis, ODP Corp Volatility, ODP Corp History as well as ODP Corp Performance. To learn how to invest in ODP Stock, please use our How to Invest in ODP Corp guide.Note that the ODP Corp information on this page should be used as a complementary analysis to other ODP Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary 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.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |
Is ODP Corp's industry 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 ODP Corp. If investors know ODP 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 ODP Corp 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 0.316 | Earnings Share 5.15 | Revenue Per Share 200.765 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0406 |
The market value of ODP Corp is measured differently than its book value, which is the value of ODP that is recorded on the company's balance sheet. Investors also form their own opinion of ODP Corp's value that differs from its market value or its book value, called intrinsic value, which is ODP Corp'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 ODP Corp's market value can be influenced by many factors that don't directly affect ODP Corp'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 ODP Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ODP Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ODP Corp'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.