Opus One Resources Stock Price on November 4, 2024
| OOR Stock | CAD 0.04 0.01 10.00% |
Below is the normalized historical share price chart for Opus One Resources extending back to January 18, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Opus One stands at 0.04, as last reported on the 22nd of December, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day.
If you're considering investing in Opus Stock, it is important to understand the factors that can impact its price. Opus One appears to be out of control, given 3 months investment horizon. Opus One Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.0644, which implies the firm had a 0.0644% return per unit of risk over the last 3 months. By analyzing Opus One's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please evaluate Opus One's Coefficient Of Variation of 1500.54, semi deviation of 6.42, and Risk Adjusted Performance of 0.0621 to confirm if our risk estimates are consistent with your expectations.
At this time, Opus One's Total Stockholder Equity is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 605.3 K in 2024, whereas Other Stockholder Equity is likely to drop slightly above 801.1 K in 2024. . Opus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0324 | 50 Day MA 0.0496 | Beta 1.14 |
Opus |
Sharpe Ratio = 0.0644
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | OOR | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 11.55 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Opus One is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Opus One by adding it to a well-diversified portfolio.
Price Book 6.8632 | Book Value 0.007 | Enterprise Value 7.7 M | Enterprise Value Ebitda (2.07) | Shares Float 151.1 M |
Opus One Valuation on November 4, 2024
It is possible to determine the worth of Opus One on a given historical date. On November 4, 2024 Opus was worth 0.045 at the beginning of the trading date compared to the closed value of 0.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Opus One stock. Still, in general, we apply an absolute valuation method to find Opus One's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Opus One where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Opus One's related companies.
| Open | High | Low | Close | Volume | |
| 0.05 | 0.05 | 0.05 | 0.05 | 2,000 | |
11/04/2024 | 0.04 | 0.05 | 0.04 | 0.04 | 245,008 |
| 0.05 | 0.05 | 0.05 | 0.05 | 102,000 |
| Backtest Opus One | | | Opus One History | | | Opus One Valuation | Previous | Next |
Opus One Trading Date Momentum on November 4, 2024
| On November 05 2024 Opus One Resources was traded for 0.05 at the closing time. The highest daily price throughout the period was 0.05 and the lowest price was 0.05 . The daily volume was 102 K. The net trading volume on 11/05/2024 added to the next day price increase. The trading delta at closing time to closing price of the next trading day was 25.00% . The trading delta at closing time to current closing price is 0.00% . |
Opus One Resources Fundamentals Correlations and Trends
By evaluating Opus One's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Opus One's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Opus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Opus One Stock history
Opus One investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Opus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Opus One Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Opus One stock prices may prove useful in developing a viable investing in Opus One
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 181.3 M | 111.2 M | |
| Net Loss | -1.5 M | -1.4 M |
Opus One Stock Technical Analysis
Opus One 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.
Price Boundaries
Opus One Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Opus One Resources cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Opus One December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Opus One stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Opus One shares will generate the highest return on investment. By undertsting and applying Opus One stock market strength indicators, traders can identify Opus One Resources entry and exit signals to maximize returns
Opus One Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Opus One's price direction in advance. Along with the technical and fundamental analysis of Opus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Opus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0621 | |||
| Jensen Alpha | 0.8553 | |||
| Total Risk Alpha | 0.4585 | |||
| Sortino Ratio | 0.0382 | |||
| Treynor Ratio | (0.31) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Opus Stock Analysis
When running Opus One's price analysis, check to measure Opus One'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 Opus One is operating at the current time. Most of Opus One's value examination focuses on studying past and present price action to predict the probability of Opus One's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opus One's price. Additionally, you may evaluate how the addition of Opus One to your portfolios can decrease your overall portfolio volatility.