Odp Corp Stock Price Prediction
| ODP Stock | USD 49.89 0.39 0.78% |
Oversold Vs Overbought
42
Oversold | Overbought |
ODP Corp stock price prediction is an act of determining the future value of ODP Corp shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of ODP Corp's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of ODP Corp and does not consider all of the tangible or intangible factors available from ODP Corp's fundamental data. We analyze noise-free headlines and recent hype associated with ODP Corp, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting ODP Corp's stock price prediction:Quarterly Earnings Growth 0.316 | EPS Estimate Next Quarter 1.82 | EPS Estimate Current Year 5.73 | EPS Estimate Next Year 6.86 | Wall Street Target Price 72.39 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of ODP Corp based on different types of headlines from major news networks to social media. The ODP stock price prediction module provides an analysis of price elasticity to changes in media outlook on ODP Corp over a specific investment horizon. Using ODP Corp hype-based prediction, you can estimate the value of ODP Corp from the perspective of ODP Corp response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards ODP Corp using ODP Corp's stock options and short interest. It helps to benchmark the overall future attitude of investors towards ODP using crowd psychology based on the activity and movement of ODP Corp's stock price.
ODP Corp Short Interest
A significant increase or decrease in ODP Corp's short interest from the previous month could be a good indicator of investor sentiment towards ODP. Short interest can provide insight into the potential direction of ODP Corp stock and how bullish or bearish investors feel about the market overall. An investor who is long ODP Corp may also wish to track short interest. As short interest increases, investors should be becoming more worried about ODP Corp and may potentially protect profits, hedge ODP Corp with its derivative instruments, or be ready for some potential downside.
200 Day MA 49.4096 | Short Percent 0.1307 | Short Ratio 6.72 | Shares Short Prior Month 5.3 M | 50 Day MA 51.9794 |
ODP Corp Hype to Price Pattern
Investor biases related to ODP Corp's public news can be used to forecast risks associated with an investment in ODP. The trend in average sentiment can be used to explain how an investor holding ODP can time the market purely based on public headlines and social activities around ODP Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of ODP Corp's market sentiment to its price can help taders to make decisions based on the overall investors consensus about ODP Corp.
ODP Corp Implied Volatility | 33.27 |
ODP Corp's implied volatility exposes the market's sentiment of ODP Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ODP Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ODP Corp stock will not fluctuate a lot when ODP Corp's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in ODP Corp. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in ODP Corp to buy its stock at a price that has no basis in reality. In that case, they are not buying ODP because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
ODP Corp after-hype prediction price | USD 49.85 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current ODP contract
Based on the Rule 16, the options market is currently suggesting that ODP Corp will have an average daily up or down price movement of about 2.08% per day over the life of the 2024-05-17 option contract. With ODP Corp trading at USD 49.89, that is roughly USD 1.04 . If you think that the market is fully incorporating ODP Corp's daily price movement you should consider acquiring ODP Corp options at the current volatility level of 33.27%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
ODP |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that 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.
ODP Corp After-Hype Price Prediction Density Analysis
As far as predicting the price of ODP Corp at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in ODP Corp or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of ODP Corp, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
ODP Corp Estimiated After-Hype Price Volatility
In the context of predicting ODP Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ODP Corp's historical news coverage. ODP Corp's after-hype downside and upside margins for the prediction period are 48.30 and 51.40, respectively. We have considered ODP Corp's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
ODP Corp is very steady at this time. Analysis and calculation of next after-hype price of ODP Corp is based on 3 months time horizon.
ODP Corp Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as ODP Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ODP Corp backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with ODP Corp, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.03 | 1.55 | 0.04 | 0.01 | 10 Events / Month | 1 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
49.89 | 49.85 | 0.08 |
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ODP Corp Hype Timeline
On the 23rd of April ODP Corp is traded for 49.89. The entity has historical hype elasticity of -0.04, and average elasticity to hype of competition of 0.01. ODP is forecasted to decline in value after the next headline, with the price expected to drop to 49.85. The average volatility of media hype impact on the company price is about 130.25%. The price depreciation on the next news is expected to be -0.08%, whereas the daily expected return is now at -0.03%. The volatility of related hype on ODP Corp is about 756.1%, with the expected price after the next announcement by competition of 49.90. About 97.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.68. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. ODP Corp has Price/Earnings To Growth (PEG) ratio of 0.64. The entity last dividend was issued on the 28th of February 2020. The firm had 1:10 split on the 1st of July 2020. Considering the 90-day investment horizon the next forecasted press release will be in about 10 days. Check out ODP Corp Basic Forecasting Models to cross-verify your projections.ODP Corp Related Hype Analysis
Having access to credible news sources related to ODP Corp's direct competition is more important than ever and may enhance your ability to predict ODP Corp's future price movements. Getting to know how ODP Corp's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how ODP Corp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GCO | Genesco | 0.06 | 5 per month | 0.00 | (0.04) | 5.36 | (5.48) | 16.76 | |
| SCVL | Shoe Carnival | 0.35 | 9 per month | 1.61 | 0.15 | 3.49 | (2.90) | 11.59 |
ODP Corp Additional Predictive Modules
Most predictive techniques to examine ODP price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ODP using various technical indicators. When you analyze ODP charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About ODP Corp Predictive Indicators
The successful prediction of ODP Corp stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as ODP Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of ODP Corp based on analysis of ODP Corp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to ODP Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to ODP Corp's related companies. | 2023 | 2024 (projected) | Dividend Yield | 0.0123 | 0.0116 | Price To Sales Ratio | 0.3 | 0.48 |
Story Coverage note for ODP Corp
The number of cover stories for ODP Corp depends on current market conditions and ODP Corp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ODP Corp is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about ODP Corp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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ODP Corp Short Properties
ODP Corp's future price predictability will typically decrease when ODP Corp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of ODP Corp often depends not only on the future outlook of the 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 | 40 M | |
| Cash And Short Term Investments | 392 M |
Check out ODP Corp Basic Forecasting Models to cross-verify your projections. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.