Optinose Stock Price on May 2, 2024
| OPTN Stock | USD 1.26 0.03 2.33% |
Below is the normalized historical share price chart for OptiNose extending back to October 13, 2017. 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 OptiNose stands at 1.26, as last reported on the 20th of May, with the highest price reaching 1.33 and the lowest price hitting 1.22 during the day.
If you're considering investing in OptiNose Stock, it is important to understand the factors that can impact its price. We consider OptiNose dangerous. OptiNose maintains Sharpe Ratio (i.e., Efficiency) of 0.009, which implies the firm had a 0.009% return per unit of risk over the last 3 months. We have found thirty technical indicators for OptiNose, which you can use to evaluate the volatility of the company. Please check OptiNose's Semi Deviation of 4.53, risk adjusted performance of 0.0154, and Coefficient Of Variation of 9233.17 to confirm if the risk estimate we provide is consistent with the expected return of 0.0543%.
At this time, OptiNose's Common Stock Total Equity is very stable compared to the past year. As of the 20th of May 2024, Common Stock Shares Outstanding is likely to grow to about 117.7 M, though Total Stockholder Equity is likely to grow to (82.3 M). . As of the 20th of May 2024, Price To Sales Ratio is likely to drop to 1.93. In addition to that, Price Earnings Ratio is likely to grow to -3.87. OptiNose Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of October 2017 | 200 Day MA 1.2875 | 50 Day MA 1.2957 | Beta (0.10) |
OptiNose |
Sharpe Ratio = 0.009
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| Cash | Small Risk | Average Risk | OPTN | Huge Risk |
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Estimated Market Risk
| 6.01 actual daily | 53 53% of assets are less volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OptiNose 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 OptiNose by adding OptiNose to a well-diversified portfolio.
Price Book 24.2559 | Enterprise Value Ebitda (12.57) | Price Sales 1.9361 | Shares Float 87.7 M | Wall Street Target Price 3.5 |
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OptiNose Valuation on May 2, 2024
It is possible to determine the worth of OptiNose on a given historical date. On May 2, 2024 OptiNose was worth 0.92 at the beginning of the trading date compared to the closed value of 0.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OptiNose stock. Still, in general, we apply an absolute valuation method to find OptiNose'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 OptiNose where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OptiNose's related companies.
| Open | High | Low | Close | Volume | |
| 0.82 | 0.93 | 0.82 | 0.91 | 810,884 | |
05/02/2024 | 0.92 | 0.93 | 0.87 | 0.88 | 519,205 |
| 0.88 | 1.01 | 0.88 | 1.01 | 1,121,608 |
| Backtest OptiNose | | | OptiNose History | | | OptiNose Valuation | Previous | Next |
OptiNose Trading Date Momentum on May 2, 2024
| On May 03 2024 OptiNose was traded for 1.01 at the closing time. The top price for the day was 1.01 and the lowest listed price was 0.88 . The trading volume for the day was 1.1 M. The trading history from May 3, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 14.77% . The trading delta at closing time against the current closing price is 42.05% . |
OptiNose Fundamentals Correlations and Trends
By evaluating OptiNose'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 OptiNose's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OptiNose financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OptiNose Stock history
OptiNose 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 OptiNose is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OptiNose 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 OptiNose stock prices may prove useful in developing a viable investing in OptiNose
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 112.1 M | 117.7 M | |
| Net Loss | -67.3 M | -70.7 M |
OptiNose Stock Technical Analysis
OptiNose 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
OptiNose Period Price Range
Low | May 2, 2024
| High |
0.92 | 0.88 |
OptiNose May 20, 2024 Market Strength
Market strength indicators help investors to evaluate how OptiNose stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OptiNose shares will generate the highest return on investment. By undertsting and applying OptiNose stock market strength indicators, traders can identify OptiNose entry and exit signals to maximize returns
OptiNose Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OptiNose's price direction in advance. Along with the technical and fundamental analysis of OptiNose Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OptiNose 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 | 0.0154 | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.85) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0245 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OptiNose. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in OptiNose Stock, please use our How to Invest in OptiNose guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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When running OptiNose's price analysis, check to measure OptiNose'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 OptiNose is operating at the current time. Most of OptiNose's value examination focuses on studying past and present price action to predict the probability of OptiNose's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OptiNose's price. Additionally, you may evaluate how the addition of OptiNose to your portfolios can decrease your overall portfolio volatility.
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Is OptiNose'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 OptiNose. If investors know OptiNose 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 OptiNose listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 0.659 | Quarterly Revenue Growth 0.256 | Return On Assets (0.10) | Return On Equity (10.51) |
The market value of OptiNose is measured differently than its book value, which is the value of OptiNose that is recorded on the company's balance sheet. Investors also form their own opinion of OptiNose's value that differs from its market value or its book value, called intrinsic value, which is OptiNose'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 OptiNose's market value can be influenced by many factors that don't directly affect OptiNose'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 OptiNose's value and its price as these two are different measures arrived at by different means. Investors typically determine if OptiNose is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OptiNose'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.