ODP Stock Alpha and Beta Analysis
| ODP Stock | USD 46.15 0.23 0.50% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ODP Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in ODP Corp over a specified time horizon. Remember, high ODP Corp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Beta 1.24 | Alpha 0.0348 | Risk 1.55 | Sharpe Ratio (0.0366) | Expected Return (0.06) |
ODP Corp Quarterly Book Value per Share |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
ODP |
ODP Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ODP Corp market risk premium is the additional return an investor will receive from holding ODP Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ODP Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate ODP Corp's performance over market.| α | 0.034847 | β | 1.24 |
ODP Corp expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of ODP Corp's Buy-and-hold return. Our buy-and-hold chart shows how ODP Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ODP Corp Market Price Analysis
Market price analysis indicators help investors to evaluate how ODP Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ODP Corp shares will generate the highest return on investment. By understating and applying ODP Corp stock market price indicators, traders can identify ODP Corp position entry and exit signals to maximize returns.
ODP Corp Return and Market Media
The median price of ODP Corp for the period between Tue, Jul 4, 2023 and Mon, Oct 2, 2023 is 48.13 with a coefficient of variation of 2.6. The daily time series for the period is distributed with a sample standard deviation of 1.25, arithmetic mean of 48.01, and mean deviation of 0.97. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | EPS Reported | 08/09/2023 |
2 | The ODP Corporation Q2 2023 Earnings Call Transcript | 08/11/2023 |
3 | FY2023 EPS Estimates for The ODP Co. Lifted by B. Riley NASD... | 08/15/2023 |
4 | Dont Ignore The Insider Selling In ODP | 08/18/2023 |
5 | ODP GameStop vs. ODP Corp. Which is the Better ... - StockNe... | 08/25/2023 |
6 | Office Depot and OfficeMax Stores Raise Nearly 1.7 Million t... | 08/30/2023 |
7 | Neuberger Berman Group LLC Boosts Stake in The ODP Co ... - ... | 09/08/2023 |
8 | Filing | 09/18/2023 |
9 | Acquisition by Stone Dan Joshua of 243902 shares of ODP Corp... | 09/19/2023 |
10 | Wedge Capital Management L L P NC Buys New Holdings in The .... | 09/28/2023 |
About ODP Corp Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including ODP or other stocks. Alpha measures the amount that position in ODP Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2017 | 2021 | 2022 (projected) | Long Term Debt to Equity | 0.44 | 0.13 | 0.15 | Interest Coverage | 8.53 | 22.09 | 19.88 |
ODP Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of ODP Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ODP Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of ODP Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of ODP Corp. Please utilize our Beneish M Score to check the likelihood of ODP Corp's management manipulating its earnings.
| 1st of November 2023 Upcoming Quarterly Report | View | |
| 6th of March 2024 Next Financial Report | View | |
| 30th of September 2023 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 30th of June 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with ODP Corp
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out ODP Corp Backtesting, ODP Corp Valuation, ODP Corp Correlation, ODP Corp Hype Analysis, ODP Corp Volatility, ODP Corp History and analyze ODP Corp Performance. 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| ETF Directory Find actively traded Exchange Traded Funds (ETF) from around the world |
ODP Corp 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.