Opko Health (Israel) Price on May 22, 2023
| OPK Stock | 582.90 13.90 2.44% |
If you're considering investing in Opko Stock, it is important to understand the factors that can impact its price. As of today, the current price of Opko Health stands at 582.90, as last reported on the 19th of December, with the highest price reaching 582.90 and the lowest price hitting 569.00 during the day. At this point, Opko Health is very steady. Opko Health maintains Sharpe Ratio (i.e., Efficiency) of 0.045, which implies the firm had a 0.045% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Opko Health, which you can use to evaluate the volatility of the company. Please check Opko Health's Coefficient Of Variation of 3873.7, semi deviation of 3.22, and Risk Adjusted Performance of 0.0283 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
Opko Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Opko |
Sharpe Ratio = 0.045
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Estimated Market Risk
| 3.86 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Opko Health is performing at about 3% 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 Opko Health by adding it to a well-diversified portfolio.
Opko Health Valuation on May 22, 2023
It is possible to determine the worth of Opko Health on a given historical date. On May 22, 2023 Opko was worth 566.9 at the beginning of the trading date compared to the closed value of 558.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Opko Health stock. Still, in general, we apply an absolute valuation method to find Opko Health'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 Opko Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Opko Health's related companies.
| Open | High | Low | Close | Volume | |
| 585.70 | 612.00 | 585.70 | 609.70 | 387,062 | |
05/22/2023 | 566.90 | 572.80 | 549.70 | 558.00 | 412,458 |
| 552.50 | 573.60 | 548.00 | 570.80 | 280,477 |
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Opko Health Trading Date Momentum on May 22, 2023
| On May 23 2023 Opko Health was traded for 570.80 at the closing time. The maximum traded price for the trading interval was 573.60 and the lowest daily price was 548.00 . The daily volume was recorded at 280.5 K. The volume of trading on 23rd of May 2023 played a part in the next trading day price jump. The trading delta at closing time to the next closing price was 2.29% . The trading delta at closing time to the closing price today is 7.72% . |
Opko Health Fundamentals Correlations and Trends
By evaluating Opko Health'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 Opko Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Opko financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Opko Health Stock history
Opko Health 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 Opko is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Opko Health 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 Opko Health stock prices may prove useful in developing a viable investing in Opko Health
OPKO Health, Inc., a healthcare company, engages in the diagnostics and pharmaceuticals business in the United States, Ireland, Chile, Spain, Israel, Mexico, and internationally. OPKO Health, Inc. was incorporated in 1991 and is headquartered in Miami, Florida. OPKO HEALTH operates under Drug Manufacturers - Specialty Generic classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 5690 people.
Opko Health Stock Technical Analysis
Opko Health 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
Opko Health Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Opko Health cannot be verified against its exchange. Please verify the symbol is currently traded on Tel Aviv 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.
Opko Health December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Opko Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Opko Health shares will generate the highest return on investment. By undertsting and applying Opko Health stock market strength indicators, traders can identify Opko Health entry and exit signals to maximize returns
Opko Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Opko Health's price direction in advance. Along with the technical and fundamental analysis of Opko Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Opko 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 | 0.0283 | |||
| Jensen Alpha | 0.0764 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0189 | |||
| Treynor Ratio | 0.2405 |
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Complementary Tools for Opko Stock analysis
When running Opko Health's price analysis, check to measure Opko Health'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 Opko Health is operating at the current time. Most of Opko Health's value examination focuses on studying past and present price action to predict the probability of Opko Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opko Health's price. Additionally, you may evaluate how the addition of Opko Health to your portfolios can decrease your overall portfolio volatility.
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