Office Stock Momentum Indicators Average Directional Movement Index

ODP
 Stock
  

USD 38.67  1.19  3.17%   

Office Depot momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Office Depot. Office Depot value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Office Depot are pattern recognition functions that provide distinct formation on Office Depot potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The average directional index (ADX) measures the strength of a prevailing trend of Office Depot and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Office Depot ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator
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Office Depot Technical Analysis Modules

Most technical analysis of Office Depot help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Office from various momentum indicators to cycle 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 Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Office Depot. We use our internally-developed statistical techniques to arrive at the intrinsic value of Office Depot based on widely used predictive technical indicators. In general, we focus on analyzing Office Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Office Depot's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Office Depot's intrinsic value. In addition to deriving basic predictive indicators for Office Depot, we also check how macroeconomic factors affect Office Depot price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2016 2017 2022 (projected)
Long Term Debt to Equity0.190.440.45
Interest Coverage9.168.536.76
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.
Hype
Prediction
LowEstimated ValueHigh
35.3438.4841.62
Details
Intrinsic
Valuation
LowReal ValueHigh
36.7239.8643.00
Details
Naive
Forecast
LowNext ValueHigh
33.1836.3239.46
Details
1 Analysts
Consensus
LowTarget PriceHigh
43.0043.0043.00
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 Investors Sentiment

The influence of Office Depot's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Office. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Office Depot Implied Volatility

    
  100.89  
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Office Depot in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Office Depot's short interest history, or implied volatility extrapolated from Office Depot options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index
Invested few shares
Software
Invested few shares
Synthetics
Invested over 40 shares
Momentum
Invested over 20 shares
Please check Your Equity Center. 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 Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Office Stock analysis

When running Office Depot price analysis, check to measure Office Depot'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 Office Depot is operating at the current time. Most of Office Depot's value examination focuses on studying past and present price action to predict the probability of Office Depot's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Office Depot's price. Additionally, you may evaluate how the addition of Office Depot to your portfolios can decrease your overall portfolio volatility.
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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
1.9 B
Quarterly Revenue Growth YOY
-0.017
Return On Assets
0.0425
Return On Equity
0.11
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.