Oppenheimer Holdings Stock Market Value
| OPY Stock | USD 61.60 1.55 2.58% |
| Symbol | Oppenheimer |
Oppenheimer Holdings Price To Book Ratio
Is Investment Banking & Brokerage 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 Oppenheimer Holdings. If investors know Oppenheimer 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 Oppenheimer Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.785 | Dividend Share 0.66 | Earnings Share 6.42 | Revenue Per Share 123.743 | Quarterly Revenue Growth 0.192 |
The market value of Oppenheimer Holdings is measured differently than its book value, which is the value of Oppenheimer that is recorded on the company's balance sheet. Investors also form their own opinion of Oppenheimer Holdings' value that differs from its market value or its book value, called intrinsic value, which is Oppenheimer Holdings' 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 Oppenheimer Holdings' market value can be influenced by many factors that don't directly affect Oppenheimer Holdings' 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 Oppenheimer Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Oppenheimer Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oppenheimer Holdings' 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.
Oppenheimer Holdings 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Oppenheimer Holdings' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Oppenheimer Holdings.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Oppenheimer Holdings on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Oppenheimer Holdings or generate 0.0% return on investment in Oppenheimer Holdings over 30 days. Oppenheimer Holdings is related to or competes with PJT Partners, Houlihan Lokey, Stifel Financial, Evercore Partners, Perella Weinberg, Stifel Financial, and Piper Sandler. Oppenheimer Holdings Inc., through its subsidiaries, operates as a middle-market investment bank and full-service broker... More
Oppenheimer Holdings Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Oppenheimer Holdings' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Oppenheimer Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | 0.0788 | |||
| Maximum Drawdown | 13.5 | |||
| Value At Risk | (2.06) | |||
| Potential Upside | 2.58 |
Oppenheimer Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oppenheimer Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oppenheimer Holdings' standard deviation. In reality, there are many statistical measures that can use Oppenheimer Holdings historical prices to predict the future Oppenheimer Holdings' volatility.| Risk Adjusted Performance | 0.1125 | |||
| Jensen Alpha | 0.1729 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1283 | |||
| Treynor Ratio | 0.3002 |
Oppenheimer Holdings Backtested Returns
Oppenheimer Holdings appears to be very steady, given 3 months investment horizon. Oppenheimer Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Oppenheimer Holdings, which you can use to evaluate the volatility of the company. Please evaluate Oppenheimer Holdings' Risk Adjusted Performance of 0.1125, coefficient of variation of 722.0, and Semi Deviation of 0.9469 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Oppenheimer Holdings holds a performance score of 11. The company holds a Beta of 0.94, which implies possible diversification benefits within a given portfolio. Oppenheimer Holdings returns are very sensitive to returns on the market. As the market goes up or down, Oppenheimer Holdings is expected to follow. Please check Oppenheimer Holdings' potential upside, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether Oppenheimer Holdings' historical price patterns will revert.
Auto-correlation | 0.61 |
Good predictability
Oppenheimer Holdings has good predictability. Overlapping area represents the amount of predictability between Oppenheimer Holdings time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Oppenheimer Holdings price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Oppenheimer Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
Oppenheimer Holdings lagged returns against current returns
Autocorrelation, which is Oppenheimer Holdings stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Oppenheimer Holdings' stock expected returns. We can calculate the autocorrelation of Oppenheimer Holdings returns to help us make a trade decision. For example, suppose you find that Oppenheimer Holdings has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Oppenheimer Holdings regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Oppenheimer Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oppenheimer Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oppenheimer Holdings stock over time.
Current vs Lagged Prices |
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Oppenheimer Holdings Lagged Returns
When evaluating Oppenheimer Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oppenheimer Holdings stock have on its future price. Oppenheimer Holdings autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Oppenheimer Holdings autocorrelation shows the relationship between Oppenheimer Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Oppenheimer Holdings.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Oppenheimer Stock Analysis
When running Oppenheimer Holdings' price analysis, check to measure Oppenheimer Holdings' 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 Oppenheimer Holdings is operating at the current time. Most of Oppenheimer Holdings' value examination focuses on studying past and present price action to predict the probability of Oppenheimer Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oppenheimer Holdings' price. Additionally, you may evaluate how the addition of Oppenheimer Holdings to your portfolios can decrease your overall portfolio volatility.