Odp Corp Stock Price on May 5, 2023

ODP Stock  USD 52.41  0.71  1.37%   
Below is the normalized historical share price chart for ODP Corp extending back to June 01, 1988. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ODP Corp stands at 52.41, as last reported on the 28th of March, with the highest price reaching 52.47 and the lowest price hitting 51.95 during the day.
IPO Date
26th of March 1990
200 Day MA
48.8848
50 Day MA
52.245
Beta
1.648
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in ODP Stock, it is important to understand the factors that can impact its price. ODP Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0608, which implies the firm had a -0.0608% return per unit of volatility over the last 3 months. ODP Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ODP Corp's risk adjusted performance of (0.02), and Coefficient Of Variation of (1,908) to confirm the risk estimate we provide.
  
At this time, ODP Corp's Total Stockholder Equity is relatively stable compared to the past year. As of 03/28/2024, Liabilities And Stockholders Equity is likely to grow to about 4.6 B, while Common Stock Shares Outstanding is likely to drop slightly above 36.4 M. . At this time, ODP Corp's Price Sales Ratio is relatively stable compared to the past year. As of 03/28/2024, Price Fair Value is likely to grow to 2.13, though Price Earnings To Growth Ratio is likely to grow to (7.95). ODP Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0608

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Negative ReturnsODP

Estimated Market Risk

 1.7
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average ODP Corp is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ODP Corp by adding ODP Corp to a well-diversified portfolio.
Price Book
1.7431
Enterprise Value Ebitda
7.4334
Price Sales
0.2451
Shares Float
32.7 M
Wall Street Target Price
72.39

ODP Corp Valuation on May 5, 2023

It is possible to determine the worth of ODP Corp on a given historical date. On May 5, 2023 ODP was worth 42.1 at the beginning of the trading date compared to the closed value of 42.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ODP Corp stock. Still, in general, we apply an absolute valuation method to find ODP Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ODP Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ODP Corp's related companies.
 Open High Low Close Volume
  42.17    42.19    41.43    41.52    304,020  
05/05/2023
  42.10    43.33    41.83    42.50    344,491  
  42.57    42.87    41.83    42.04    373,737  
Backtest ODP Corp  |  ODP Corp History  |  ODP Corp Valuation   PreviousNext  
Open Value
42.1
42.5
Closing Value
47.19
Upside

ODP Corp Trading Date Momentum on May 5, 2023

On May 08 2023 ODP Corp was traded for  42.04  at the closing time. Highest ODP Corp's price during the trading hours was 42.87  and the lowest price during the day was  41.83 . The net volume was 373.7 K. The overall trading history on the 8th of May contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.08% . The trading delta at closing time to current price is 1.27% .

ODP Corp Fundamentals Correlations and Trends

By evaluating ODP Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ODP Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ODP financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ODP Corp Stock history

ODP Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ODP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ODP Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ODP Corp stock prices may prove useful in developing a viable investing in ODP Corp
Last ReportedProjected for 2024
Common Stock Shares Outstanding40 M36.4 M
Net Income Applicable To Common Shares149.4 M89.7 M

ODP Corp Stock Technical Analysis

ODP Corp 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.
A focus of ODP Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ODP Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ODP Corp Period Price Range

Low
May 5, 2023
High

 42.10 

  

 42.50 

0.400.95%

ODP Corp March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how ODP Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ODP Corp shares will generate the highest return on investment. By undertsting and applying ODP Corp stock market strength indicators, traders can identify ODP Corp entry and exit signals to maximize returns

ODP Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ODP Corp's price direction in advance. Along with the technical and fundamental analysis of ODP Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ODP to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether ODP Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ODP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Odp Corp Stock. Highlighted below are key reports to facilitate an investment decision about Odp Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODP Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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.
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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
3.5
Revenue Per Share
200.795
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0464
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.