Office Stock Future Price Prediction

ODP
 Stock
  

USD 31.24  0.89  2.93%   

Office Depot stock price prediction is an act of determining the future value of Office Depot shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Office Depot'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 Office Depot and does not consider all of the tangible or intangible factors available from Office Depot's fundamental data. We analyze noise-free headlines and recent hype associated with Office Depot, which may create opportunities for some arbitrage if properly timed.
Please check Office Depot Basic Forecasting Models to cross-verify your projections.
  
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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 Office Depot based on different types of headlines from major news networks to social media. The Office stock price prediction module provides an analysis of price elasticity to changes in media outlook on Office Depot over a specific investment horizon.
Quarterly Earnings Growth YOY
0.16
EPS Estimate Next Quarter
0.47
EPS Estimate Current Year
4.25
EPS Estimate Next Year
4.2
Wall Street Target Price
50.0
EPS Estimate Current Quarter
0.79
Quarterly Revenue Growth YOY
0.002
Using Office Depot hype-based prediction, you can estimate the value of Office Depot from the perspective of Office Depot response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Office Depot using Office Depot's options and short interest. It helps to benchmark the overall future attitude of investors towards Office using crowd psychology based on the activity and movement of Office Depot's stock price.
Office Depot Return on Investment is very stable at the moment as compared to the past year. Office Depot reported last year Return on Investment of 12.65. As of 5th of July 2022, Cash Flow Per Share is likely to grow to 0.86, while Inventory Turnover is likely to drop 6.35.

Office Depot Implied Volatility

    
  52.51  
Office Depot's implied volatility exposes the market's sentiment of Office Depot stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Office Depot'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 Office Depot stock will not fluctuate a lot when Office Depot's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Office Depot. 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 Office Depot to buy its stock at a price that has no basis in reality. In that case, they are not buying Office 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.

Office Depot after-hype prediction price

    
  $ 30.49  
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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Office Depot'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 Office Depot in the context of predictive analytics.
Intrinsic
Valuation
LowReal ValueHigh
27.3235.6138.48
Details
Naive
Forecast
LowNext ValueHigh
26.4429.3032.17
Details
1 Analysts
Consensus
LowTarget PriceHigh
43.0043.0043.00
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
27.0034.5442.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Office Depot. Your research has to be compared to or analyzed against Office Depot's peers to derive any actionable benefits. When done correctly, Office Depot's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Office Depot.

Office Depot After-Hype Price Prediction Density Analysis

As far as predicting the price of Office Depot 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 Office Depot 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 smart people who confused the symmetrical distributions of stock prices, such as prices of Office Depot, with the unreliable approximations that try to describe financial returns.
 Next price density 
      Expected price to next headline 

Office Depot Estimiated After-Hype Price Volatility

In the context of predicting Office Depot's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Office Depot's historical news coverage. Office Depot's after-hype downside and upside margins for the prediction period are 27.62 and 33.36, respectively. We have considered Office Depot'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 31.24
30.49
After-hype Price
33.36
Upside
Office Depot is very steady asset. Analysis and calculation of next after-hype price of Office Depot is based on 3 months time horizon.

Office Depot Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Office Depot is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Office Depot 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 Office Depot, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.60  2.87  0.14    0.13  5 Events / Month8 Events / MonthIn about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
31.2430.490.46 
1,196  

Office Depot Hype Timeline

On the 5th of July Office Depot is traded for 31.24. The entity has historical hype elasticity of 0.14 and average elasticity to hype of competition of -0.13. Office is forecasted to increase in value after the next headline with price projected to jump to 30.49 or above. The average volatility of media hype impact on the company stock price is over 100%. The price boost on the next news is forecasted to be 0.46% whereas the daily expected return is now at -0.6%. The volatility of related hype on Office Depot is about 1285.07% with expected price after next announcement by competition of 31.11. The company reported the last year's revenue of 8.46 B. Total Income to common stockholders was 187 M with profit before taxes, overhead, and interest of 1.86 B. Considering the 90-day investment horizon the next forecastedpress releasewill be in about 5 days.
Please check Office Depot Basic Forecasting Models to cross-verify your projections.

Office Depot Related Hype Analysis

Having access to credible news sources related to Office Depot's direct competition is more important than ever and may enhance your ability to predict Office Depot's future price movements. Getting to know how Office Depot rivals 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 Office Depot may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
NOCNorthrop Grumman Corp(6.04) 6 per month 1.39  0.20  3.14 (2.06)  7.33 
OIO-I Glass(0.56) 6 per month 2.89  0.09  6.17 (4.17)  16.39 
OKEOneok Inc 1.25 7 per month 0.00 (0.0459)  2.98 (4.90)  10.06 
PHParker-Hannifin Corp 2.51 8 per month 0.00 (0.0269)  2.66 (3.97)  10.71 
JNJJohnson Johnson(0.91) 10 per month 1.06  0.18  2.23 (1.86)  5.89 
PFEPfizer Inc(0.07) 10 per month 1.94  0.11  3.17 (3.16)  8.45 
VZVerizon Communications 0.65 7 per month 1.67  0.15  2.30 (2.42)  7.94 
TRVThe Travelers Companies 0.98 10 per month 0.00  0.06  2.01 (2.17)  6.41 
AXPAmerican Express 0.18 7 per month 0.00 (0.10)  3.46 (3.99)  9.74 

Office Depot Additional Predictive Modules

Most predictive techniques to examine Office price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Office using various technical indicators. When you analyze Office 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.

About Office Depot Predictive Indicators

The successful prediction of Office Depot 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 Office Depot, 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 Office Depot based on analysis of Office Depot hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Office Depot's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Office Depot's related companies.
 2016 2017 2022 (projected)
Long Term Debt to Equity0.190.440.45
Interest Coverage9.168.536.76

Story Coverage note for Office Depot

The number of cover stories for Office Depot depends on current market conditions and Office Depot's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Office Depot 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 Office Depot's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Office Depot Short Properties

Office Depot's future price predictability will typically decrease when Office Depot's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Office Depot often depends not only on the future outlook of the potential Office Depot'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. Office Depot's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out8.58%
Short Percent Of Float13.91%
Float Shares39.99M
Average Daily Volume Last 10 Day709.79k
Shares Short Prior Month5.4M
Average Daily Volume In Three Month466.15k
Date Short Interest29th of April 2022
Please check Office Depot Basic Forecasting Models to cross-verify your projections. Note that the Office Depot information on this page should be used as a complementary analysis to other Office Depot'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Is Office Depot'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 Office Depot. If investors know Office 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 Office Depot 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 YOY
0.16
Market Capitalization
1.5 B
Quarterly Revenue Growth YOY
0.002
Return On Assets
0.0385
Return On Equity
0.1
The market value of Office Depot is measured differently than its book value, which is the value of Office that is recorded on the company's balance sheet. Investors also form their own opinion of Office Depot's value that differs from its market value or its book value, called intrinsic value, which is Office Depot'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 Office Depot's market value can be influenced by many factors that don't directly affect Office Depot'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 Office Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine Office Depot value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Office Depot'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.