Opendoor Stock Analysis

OPEN
 Stock
  

USD 5.72  0.17  2.89%   

The latest price rise of Opendoor Technologies may encourage institutional investors to take a closer look at the company as it is trading at a share price of 5.72 on 55,332,301 in trading volume. The company executives may have good odds in positioning the company resources to exploit market volatility in September. The stock standard deviation of daily returns for 90 days investing horizon is currently 7.68. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Opendoor Technologies partners.
Please check Your Equity Center.
  
The Opendoor Technologies stock analysis report makes it easy to digest most publicly released information about Opendoor Technologies and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Opendoor Stock analysis module also helps to analyze the Opendoor Technologies price relationship with some important fundamental indicators such as market cap and management efficiency.

Opendoor Stock Analysis Notes

About 17.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.47. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Opendoor Technologies has Price/Earnings (P/E) ratio of 109.64. The entity recorded a loss per share of 1.15. The firm had not issued any dividends in recent years. Opendoor Technologies Inc. operates a digital platform for residential real estate in the United States. Opendoor Technologies Inc. was incorporated in 2013 and is based in Tempe, Arizona. Opendoor Technologies operates under Real Estate Services classification in the United States and is traded on NASDAQ Exchange. It employs 2816 people. To find out more about Opendoor Technologies contact the company at 415 896 6737 or learn more at https://www.opendoor.com.

Opendoor Technologies Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Opendoor Technologies' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Opendoor Technologies or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Opendoor Technologies has very high historical volatility over the last 90 days
The company reported the previous year's revenue of 12.42 B. Net Loss for the year was (364 M) with profit before overhead, payroll, taxes, and interest of 730 M.
Opendoor Technologies currently holds about 2.78 B in cash with (3.84 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.44.
Roughly 70.0% of the company shares are owned by institutional investors
Latest headline from www.nasdaq.com: Dont Ignore The Fact That This Insider Just Sold Some Shares In nCino, Inc. - Nasdaq

Opendoor Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 3.5 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Opendoor Technologies's market, we take the total number of its shares issued and multiply it by Opendoor Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Opendoor Profitablity

Opendoor Technologies' profitability indicators refer to fundamental financial ratios that showcase Opendoor Technologies' ability to generate income relative to its revenue or operating costs. If, let's say, Opendoor Technologies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Opendoor Technologies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Opendoor Technologies' profitability requires more research than a typical breakdown of Opendoor Technologies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (2.93) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.64) %, which suggests for every $100 dollars of sales, it generated a net operating loss of -0.02.

Management Efficiency

The entity has return on total asset (ROA) of (2.21) % which means that it has lost $2.21 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (15.39) %, meaning that it created substantial loss on money invested by shareholders. Opendoor Technologies management efficiency ratios could be used to measure how well opendoor technologies manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 9th of August, Opendoor Technologies holds the risk adjusted performance of (0.021838), and Coefficient Of Variation of (4,349). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Opendoor Technologies, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Opendoor Technologies, which can be compared to its competitors. Please check Opendoor Technologies information ratio, as well as the relationship between the potential upside and kurtosis to decide if Opendoor Technologies is priced some-what accurately, providing market reflects its current price of 5.72 per share. Given that Opendoor Technologies has jensen alpha of 0.0254, we recommend you to check out Opendoor Technologies's recent market performance to make sure the company can sustain itself at a future point.

Opendoor Technologies Price Movement Analysis

The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The MESA Adaptive Moving Average indicator adapts to Opendoor Technologies price movement based on the rate change of phase as measured by the Hilbert Transform Discriminator.
.

Opendoor Technologies Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Opendoor Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Opendoor Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Opendoor Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Opendoor Technologies Technical and Predictive Indicators

Opendoor Technologies Forecast Models

Opendoor Technologies time-series forecasting models is one of many Opendoor Technologies' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Opendoor Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Opendoor Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Opendoor Technologies stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Opendoor shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Opendoor Technologies. By using and applying Opendoor Stock analysis, traders can create a robust methodology for identifying Opendoor entry and exit points for their positions.
Opendoor Technologies Inc. operates a digital platform for residential real estate in the United States. Opendoor Technologies Inc. was incorporated in 2013 and is based in Tempe, Arizona. Opendoor Technologies operates under Real Estate Services classification in the United States and is traded on NASDAQ Exchange. It employs 2816 people.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Opendoor Technologies to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Analyst Recommendations Now

   

Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
All  Next Launch Module
Please check Your Equity Center. Note that the Opendoor Technologies information on this page should be used as a complementary analysis to other Opendoor Technologies' 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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for Opendoor Stock analysis

When running Opendoor Technologies price analysis, check to measure Opendoor Technologies' 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 Opendoor Technologies is operating at the current time. Most of Opendoor Technologies' value examination focuses on studying past and present price action to predict the probability of Opendoor Technologies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Opendoor Technologies' price. Additionally, you may evaluate how the addition of Opendoor Technologies to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Is Opendoor Technologies' 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 Opendoor Technologies. If investors know Opendoor 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 Opendoor Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Opendoor Technologies is measured differently than its book value, which is the value of Opendoor that is recorded on the company's balance sheet. Investors also form their own opinion of Opendoor Technologies' value that differs from its market value or its book value, called intrinsic value, which is Opendoor Technologies' 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 Opendoor Technologies' market value can be influenced by many factors that don't directly affect Opendoor Technologies' 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 Opendoor Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine Opendoor Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opendoor Technologies' 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.