Opko Health (Israel) Price on November 18, 2024
OPK Stock | 596.00 40.40 7.27% |
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 596.00, as last reported on the 16th of December 2024, with the highest price reaching 596.60 and the lowest price hitting 561.10 during the day. Opko Health maintains Sharpe Ratio (i.e., Efficiency) of -0.0116, which implies the firm had a -0.0116% return per unit of risk over the last 3 months. Opko Health exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Opko Health's Coefficient Of Variation of 1707.54, semi deviation of 3.14, and Risk Adjusted Performance of 0.0504 to confirm the risk estimate we provide.
Opko Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Opko |
Sharpe Ratio = -0.0116
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Estimated Market Risk
3.97 actual daily | 35 65% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Opko Health is not performing at its full potential. However, 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 Opko Health to a well-diversified portfolio.
Opko Health Valuation on November 18, 2024
It is possible to determine the worth of Opko Health on a given historical date. On November 18, 2024 Opko was worth 624.0 at the beginning of the trading date compared to the closed value of 629.9. 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 | |
625.00 | 625.00 | 580.00 | 594.90 | 414,537 | |
11/18/2024 | 624.00 | 629.90 | 607.50 | 629.90 | 375,052 |
624.00 | 624.00 | 604.50 | 612.70 | 288,466 |
Backtest Opko Health | | | Opko Health History | | | Opko Health Valuation | Previous | Next |
Opko Health Trading Date Momentum on November 18, 2024
On November 19 2024 Opko Health was traded for 612.70 at the closing time. The maximum traded price for the trading interval was 624.00 and the lowest daily price was 604.50 . The daily volume was recorded at 288.5 K. The volume of trading on 19th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 2.73% . The trading delta at closing time to the closing price today is 9.38% . |
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 16, 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 16, 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 | 0.0504 | |||
Jensen Alpha | 0.1459 | |||
Total Risk Alpha | (0.25) | |||
Sortino Ratio | 0.0322 | |||
Treynor Ratio | 0.3318 |
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Volume Indicators |
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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