Opthea Stock Performance
| OPT Stock | USD 3.69 0.36 10.81% |
On a scale of 0 to 100, Opthea holds a performance score of 8. The company holds a Beta of 1.24, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Opthea will likely underperform. Please check Opthea's downside variance, as well as the relationship between the daily balance of power and relative strength index , to make a quick decision on whether Opthea's historical price patterns will revert.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Opthea are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unfluctuating basic indicators, Opthea unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.30) | Five Day Return 7.76 | Year To Date Return 11.37 | Ten Year Return (72.93) | All Time Return (72.93) |
Last Split Factor 5:8 | Last Split Date 2020-10-15 |
1 | Opthea to Participate in the UBS Virtual Ophthalmology Day 2024 | 09/30/2024 |
2 | 3 ASX All Ords health care shares that reached 52-week peaks today | 10/04/2024 |
3 | Opthea Wet AMD Program to be Presented at Innovate Retina | 10/10/2024 |
4 | Is Opthea Limited the Penny Stock with the Biggest Upside Potential According to Analysts | 10/16/2024 |
5 | Ocean Power Technologies Appoints Remah International Group as Distributor in the UAE | 10/21/2024 |
6 | Optheas Wet AMD Program Featured at Ophthalmology Events | 11/12/2024 |
7 | Eye on the prize 15.9m boost for Optheas vision impairment therapy | 11/14/2024 |
8 | Why Healius, Opthea, Peninsula Energy, and Wildcat shares are falling today | 11/15/2024 |
9 | Opthea Limited Targets AMD Market with Sozinibercept - TipRanks | 11/19/2024 |
10 | Optheas Wet AMD Program to be Featured at FLORetina 2024 | 11/26/2024 |
| Begin Period Cash Flow | 89.2 M |
Opthea |
Opthea Relative Risk vs. Return Landscape
If you would invest 291.00 in Opthea on August 31, 2024 and sell it today you would earn a total of 78.00 from holding Opthea or generate 26.8% return on investment over 90 days. Opthea is generating 0.4716% of daily returns assuming volatility of 4.5273% on return distribution over 90 days investment horizon. In other words, 40% of stocks are less volatile than Opthea, and above 91% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Opthea Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Opthea's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Opthea, and traders can use it to determine the average amount a Opthea's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1042
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| Small Returns | OPT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.53 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Opthea is performing at about 8% 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 Opthea by adding it to a well-diversified portfolio.
Opthea Fundamentals Growth
Opthea Stock prices reflect investors' perceptions of the future prospects and financial health of Opthea, and Opthea fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Opthea Stock performance.
| Return On Equity | -33.83 | ||||
| Return On Asset | -0.83 | ||||
| Current Valuation | 483.28 M | ||||
| Shares Outstanding | 153.89 M | ||||
| Price To Book | 4.31 X | ||||
| Price To Sales | 2,077 X | ||||
| Revenue | 124.67 K | ||||
| Gross Profit | 218.45 K | ||||
| EBITDA | (200.02 M) | ||||
| Net Income | (220.24 M) | ||||
| Cash And Equivalents | 44.63 M | ||||
| Cash Per Share | 1.01 X | ||||
| Total Debt | 141.65 M | ||||
| Current Ratio | 4.97 X | ||||
| Book Value Per Share | (0.07) X | ||||
| Cash Flow From Operations | (161.02 M) | ||||
| Earnings Per Share | (2.76) X | ||||
| Market Capitalization | 543.93 M | ||||
| Total Asset | 188.79 M | ||||
| Retained Earnings | (579.7 M) | ||||
| Working Capital | 124.14 M | ||||
About Opthea Performance
Assessing Opthea's fundamental ratios provides investors with valuable insights into Opthea's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Opthea is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.17) | (1.22) | |
| Return On Capital Employed | (1.54) | (1.46) | |
| Return On Assets | (1.17) | (1.11) | |
| Return On Equity | 2.91 | 2.76 |
Things to note about Opthea performance evaluation
Checking the ongoing alerts about Opthea for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Opthea help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Opthea had very high historical volatility over the last 90 days | |
| Opthea has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 124.67 K. Reported Net Loss for the year was (220.24 M) with profit before taxes, overhead, and interest of 218.45 K. | |
| Opthea has about 44.63 M in cash with (161.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.01. | |
| Opthea has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Optheas Wet AMD Program to be Featured at FLORetina 2024 |
- Analyzing Opthea's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Opthea's stock is overvalued or undervalued compared to its peers.
- Examining Opthea's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Opthea's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Opthea's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Opthea's stock. These opinions can provide insight into Opthea's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Opthea Stock Analysis
When running Opthea's price analysis, check to measure Opthea'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 Opthea is operating at the current time. Most of Opthea's value examination focuses on studying past and present price action to predict the probability of Opthea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opthea's price. Additionally, you may evaluate how the addition of Opthea to your portfolios can decrease your overall portfolio volatility.