Odp Corp Stock Price on August 31, 2022
| ODP Stock | USD 49.38 0.62 1.24% |
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 49.38, as last reported on the 19th of April, with the highest price reaching 50.36 and the lowest price hitting 49.37 during the day.
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 -0.0587, which implies the firm had a -0.0587% 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 coefficient of variation of (8,335), and Risk Adjusted Performance of (0) 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 04/19/2024, Liabilities And Stockholders Equity is likely to grow to about 4.6 B, while Common Stock Shares Outstanding is likely to drop slightly above 36.3 M. . At this time, ODP Corp's Price Sales Ratio is relatively stable compared to the past year. As of 04/19/2024, Price Fair Value is likely to grow to 2.13, though Price Earnings To Growth Ratio is likely to grow to (5.68). ODP Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 49.392 | 50 Day MA 52.064 | Beta 1.703 |
ODP |
Sharpe Ratio = -0.0587
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ODP |
Estimated Market Risk
| 1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.09 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 1.6766 | Enterprise Value Ebitda 7.2148 | Price Sales 0.2358 | Shares Float 32.7 M | Wall Street Target Price 72.39 |
ODP Corp Valuation on August 31, 2022
It is possible to determine the worth of ODP Corp on a given historical date. On August 31, 2022 ODP was worth 35.56 at the beginning of the trading date compared to the closed value of 35.75. 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 | |
| 36.17 | 36.49 | 35.41 | 35.52 | 463,609 | |
08/31/2022 | 35.56 | 35.89 | 35.40 | 35.75 | 421,631 |
| 35.72 | 36.31 | 35.23 | 35.87 | 584,722 |
| Backtest ODP Corp | | | ODP Corp History | | | ODP Corp Valuation | Previous | Next |
ODP Corp Trading Date Momentum on August 31, 2022
| On September 01 2022 ODP Corp was traded for 35.87 at the closing time. Highest ODP Corp's price during the trading hours was 36.31 and the lowest price during the day was 35.23 . The net volume was 584.7 K. The overall trading history on the 1st of September contributed to the next trading period price gain. The trading delta at closing time to the next next day price was 0.34% . The trading delta at closing time to current price is 2.74% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 40 M | 36.3 M | |
| Net Income Applicable To Common Shares | 149.4 M | 89.7 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.
Price Boundaries
ODP Corp Period Price Range
Low | August 31, 2022
| High |
35.56 | 35.75 |
ODP Corp April 19, 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
| Accumulation Distribution | 5756.46 | |||
| Daily Balance Of Power | 0.3878 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 35.64 | |||
| Day Typical Price | 35.68 | |||
| Price Action Indicator | 0.2 | |||
| Period Momentum Indicator | 13.63 |
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.
| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.03) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
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.