Offerpad Solutions Stock Price on October 14, 2024

OPAD Stock  USD 4.09  0.27  7.07%   
If you're considering investing in Offerpad Stock, it is important to understand the factors that can impact its price. As of today, the current price of Offerpad Solutions stands at 4.09, as last reported on the 11th of December 2024, with the highest price reaching 4.30 and the lowest price hitting 3.73 during the day. At this point, Offerpad Solutions is unstable. Offerpad Solutions maintains Sharpe Ratio (i.e., Efficiency) of 0.0263, which implies the firm had a 0.0263% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Offerpad Solutions, which you can use to evaluate the volatility of the company. Please check Offerpad Solutions' Semi Deviation of 5.32, coefficient of variation of 1621.1, and Risk Adjusted Performance of 0.0533 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
  
At present, Offerpad Solutions' Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.01, whereas Other Stockholder Equity is forecasted to decline to about 314.4 M. . At present, Offerpad Solutions' Price Book Value Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.05, whereas Price Earnings Ratio is projected to grow to (2.19). Offerpad Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0263

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Estimated Market Risk

 5.89
  actual daily
52
52% of assets are less volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Offerpad Solutions is performing at about 2% 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 Offerpad Solutions by adding it to a well-diversified portfolio.
Price Book
1.6159
Enterprise Value Ebitda
(3.93)
Price Sales
0.1137
Shares Float
14.8 M
Wall Street Target Price
3.9125

Related Headline

Fathom Holdings Headline on 14th of October 2024

Filed transaction by Fathom Holdings Officer: Chief Broker Officer. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Offerpad Solutions Valuation on October 14, 2024

It is possible to determine the worth of Offerpad Solutions on a given historical date. On October 14, 2024 Offerpad was worth 3.13 at the beginning of the trading date compared to the closed value of 3.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Offerpad Solutions stock. Still, in general, we apply an absolute valuation method to find Offerpad Solutions' 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 Offerpad Solutions where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Offerpad Solutions' related companies.
 Open High Low Close Volume
  2.86    3.14    2.85    3.09    28,020  
10/14/2024
  3.13    3.29    3.08    3.28    29,253  
  3.30    3.58    3.23    3.35    34,221  
Backtest Offerpad Solutions  |  Offerpad Solutions History  |  Offerpad Solutions Valuation   PreviousNext  
Open Value
3.13
3.28
Closing Value
20.80
Upside

Offerpad Solutions Trading Date Momentum on October 14, 2024

On October 15 2024 Offerpad Solutions was traded for  3.35  at the closing time. The top price for the day was 3.58  and the lowest listed price was  3.23 . The trading volume for the day was 34.2 K. The trading history from October 15, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 2.13% . The trading delta at closing time against the current closing price is 14.02% .

Offerpad Solutions Fundamentals Correlations and Trends

By evaluating Offerpad Solutions' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Offerpad Solutions' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Offerpad financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Offerpad Solutions Stock history

Offerpad Solutions 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 Offerpad is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Offerpad Solutions 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 Offerpad Solutions stock prices may prove useful in developing a viable investing in Offerpad Solutions
Last ReportedProjected for Next Year
Common Stock Shares Outstanding26.4 M27.7 M
Net Loss-133.8 M-127.1 M

Offerpad Solutions Quarterly Net Working Capital

71.32 Million

Offerpad Solutions Stock Technical Analysis

Offerpad Solutions 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.
A focus of Offerpad Solutions technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Offerpad Solutions trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Offerpad Solutions Period Price Range

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Offerpad Solutions cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Offerpad Solutions December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Offerpad Solutions stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Offerpad Solutions shares will generate the highest return on investment. By undertsting and applying Offerpad Solutions stock market strength indicators, traders can identify Offerpad Solutions entry and exit signals to maximize returns

Offerpad Solutions Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Offerpad Solutions' price direction in advance. Along with the technical and fundamental analysis of Offerpad Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Offerpad 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.

Complementary Tools for Offerpad Stock analysis

When running Offerpad Solutions' price analysis, check to measure Offerpad Solutions' 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 Offerpad Solutions is operating at the current time. Most of Offerpad Solutions' value examination focuses on studying past and present price action to predict the probability of Offerpad Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Offerpad Solutions' price. Additionally, you may evaluate how the addition of Offerpad Solutions to your portfolios can decrease your overall portfolio volatility.
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