Optinose Stock Price on September 30, 2023
| OPTN Stock | USD 0.54 0.04 8.00% |
Below is the normalized historical share price chart for OptiNose extending back to October 13, 2017. 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 OptiNose stands at 0.54, as last reported on the 3rd of December, with the highest price reaching 0.55 and the lowest price hitting 0.50 during the day.
If you're considering investing in OptiNose Stock, it is important to understand the factors that can impact its price. OptiNose maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. OptiNose exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OptiNose's Variance of 39.12, coefficient of variation of (749.93), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
At this time, OptiNose's Common Stock Total Equity is very stable compared to the past year. As of the 3rd of December 2024, Common Stock Shares Outstanding is likely to grow to about 117.7 M, though Total Stockholder Equity is likely to grow to (82.3 M). . As of the 3rd of December 2024, Price To Sales Ratio is likely to drop to 1.93. In addition to that, Price Earnings Ratio is likely to grow to -3.87. OptiNose Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of October 2017 | 200 Day MA 1.0514 | 50 Day MA 0.6544 | Beta (0.07) |
OptiNose |
Sharpe Ratio = -0.1169
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| Negative Returns | OPTN |
Estimated Market Risk
| 6.34 actual daily | 56 56% of assets are less volatile |
Expected Return
| -0.74 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OptiNose 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 OptiNose by adding OptiNose to a well-diversified portfolio.
Price Book 24.2559 | Enterprise Value Ebitda (4.33) | Price Sales 1.1487 | Shares Float 106.3 M | Wall Street Target Price 3 |
OptiNose Valuation on September 30, 2023
It is possible to determine the worth of OptiNose on a given historical date. On September 30, 2023 OptiNose was worth 1.26 at the beginning of the trading date compared to the closed value of 1.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OptiNose stock. Still, in general, we apply an absolute valuation method to find OptiNose'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 OptiNose where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OptiNose's related companies.
| Open | High | Low | Close | Volume | |
| 1.24 | 1.29 | 1.22 | 1.24 | 185,267 | |
09/29/2023 | 1.26 | 1.29 | 1.22 | 1.23 | 228,150 |
| 1.23 | 1.27 | 1.18 | 1.19 | 471,969 |
| Backtest OptiNose | | | OptiNose History | | | OptiNose Valuation | Previous | Next |
OptiNose Trading Date Momentum on September 30, 2023
| On October 02 2023 OptiNose was traded for 1.19 at the closing time. The top price for the day was 1.27 and the lowest listed price was 1.18 . The trading volume for the day was 472 K. The trading history from October 2, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.25% . The trading delta at closing time against the current closing price is 1.63% . |
OptiNose Fundamentals Correlations and Trends
By evaluating OptiNose'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 OptiNose's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OptiNose financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OptiNose Stock history
OptiNose 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 OptiNose is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OptiNose 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 OptiNose stock prices may prove useful in developing a viable investing in OptiNose
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 112.1 M | 117.7 M | |
| Net Loss | -67.3 M | -70.7 M |
OptiNose Stock Technical Analysis
OptiNose 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
OptiNose Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
OptiNose cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
OptiNose December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how OptiNose stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OptiNose shares will generate the highest return on investment. By undertsting and applying OptiNose stock market strength indicators, traders can identify OptiNose entry and exit signals to maximize returns
OptiNose Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OptiNose's price direction in advance. Along with the technical and fundamental analysis of OptiNose Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OptiNose 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 | (0.09) | |||
| Jensen Alpha | (1.18) | |||
| Total Risk Alpha | (1.78) | |||
| Treynor Ratio | (0.29) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OptiNose. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in OptiNose Stock, please use our How to Invest in OptiNose guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OptiNose. If investors know OptiNose will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OptiNose listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.29) | Revenue Per Share 0.553 | Quarterly Revenue Growth 0.031 | Return On Assets (0.10) | Return On Equity (10.51) |
The market value of OptiNose is measured differently than its book value, which is the value of OptiNose that is recorded on the company's balance sheet. Investors also form their own opinion of OptiNose's value that differs from its market value or its book value, called intrinsic value, which is OptiNose's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OptiNose's market value can be influenced by many factors that don't directly affect OptiNose's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OptiNose's value and its price as these two are different measures arrived at by different means. Investors typically determine if OptiNose is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OptiNose's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.