Opal Fuels Stock Technical Analysis
| OPAL Stock | USD 3.60 0.02 0.55% |
As of the 11th of December 2024, OPAL Fuels owns the market risk adjusted performance of 0.3341, and Semi Deviation of 1.77. Compared to fundamental indicators, the technical analysis model allows you to check helpful technical drivers of OPAL Fuels, as well as the relationship between them. Please check OPAL Fuels jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if OPAL Fuels is priced some-what accurately, providing market reflects its prevailing price of 3.6 per share. Given that OPAL Fuels has jensen alpha of 0.1072, we recommend you to check out OPAL Fuels's latest market performance to make sure the company can sustain itself in the future.
OPAL Fuels Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as OPAL, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OPALOPAL |
OPAL Fuels Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 11.82 | Strong Buy | 8 | Odds |
Most OPAL analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand OPAL stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of OPAL Fuels, talking to its executives and customers, or listening to OPAL conference calls.
OPAL Fuels 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.
OPAL Fuels Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of OPAL Fuels volatility. High ATR values indicate high volatility, and low values indicate low volatility.
OPAL Fuels Trend Analysis
Use this graph to draw trend lines for OPAL Fuels. You can use it to identify possible trend reversals for OPAL Fuels as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual OPAL Fuels price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.OPAL Fuels Best Fit Change Line
The following chart estimates an ordinary least squares regression model for OPAL Fuels applied against its price change over selected period. The best fit line has a slop of 0 , which means OPAL Fuels will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.18, which is the sum of squared deviations for the predicted OPAL Fuels price change compared to its average price change.About OPAL Fuels Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of OPAL Fuels on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of OPAL Fuels based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on OPAL Fuels price pattern first instead of the macroeconomic environment surrounding OPAL Fuels. By analyzing OPAL Fuels's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of OPAL Fuels's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to OPAL Fuels specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.002564 | 0.002308 | 0.002042 | Price To Sales Ratio | 8.67 | 0.59 | 0.56 |
OPAL Fuels December 11, 2024 Technical Indicators
Most technical analysis of OPAL help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for OPAL from various momentum indicators to cycle indicators. When you analyze OPAL charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0581 | |||
| Market Risk Adjusted Performance | 0.3341 | |||
| Mean Deviation | 1.81 | |||
| Semi Deviation | 1.77 | |||
| Downside Deviation | 1.98 | |||
| Coefficient Of Variation | 1415.24 | |||
| Standard Deviation | 2.49 | |||
| Variance | 6.18 | |||
| Information Ratio | 0.0206 | |||
| Jensen Alpha | 0.1072 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0259 | |||
| Treynor Ratio | 0.3241 | |||
| Maximum Drawdown | 13.01 | |||
| Value At Risk | (3.17) | |||
| Potential Upside | 5.45 | |||
| Downside Variance | 3.93 | |||
| Semi Variance | 3.13 | |||
| Expected Short fall | (2.38) | |||
| Skewness | 1.01 | |||
| Kurtosis | 1.65 |
OPAL Fuels December 11, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as OPAL stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 1,398 | ||
| Daily Balance Of Power | (0.25) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 3.59 | ||
| Day Typical Price | 3.59 | ||
| Price Action Indicator | 0.00 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OPAL Fuels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy OPAL Stock please use our How to buy in OPAL Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Electric Utilities 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 OPAL Fuels. If investors know OPAL 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 OPAL Fuels 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 (0.28) | Earnings Share 0.18 | Revenue Per Share 11.16 | Quarterly Revenue Growth 0.182 | Return On Assets 0.0222 |
The market value of OPAL Fuels is measured differently than its book value, which is the value of OPAL that is recorded on the company's balance sheet. Investors also form their own opinion of OPAL Fuels' value that differs from its market value or its book value, called intrinsic value, which is OPAL Fuels' 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 OPAL Fuels' market value can be influenced by many factors that don't directly affect OPAL Fuels' 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 OPAL Fuels' value and its price as these two are different measures arrived at by different means. Investors typically determine if OPAL Fuels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OPAL Fuels' 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.