Opera Stock Price on October 25, 2024

OPRA Stock  USD 19.08  0.99  4.93%   
Below is the normalized historical share price chart for Opera extending back to July 27, 2018. 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 Opera stands at 19.08, as last reported on the 4th of December, with the highest price reaching 20.17 and the lowest price hitting 18.82 during the day.
IPO Date
27th of July 2018
200 Day MA
14.5898
50 Day MA
16.956
Beta
0.969
 
Covid
If you're considering investing in Opera Stock, it is important to understand the factors that can impact its price. Opera appears to be not too volatile, given 3 months investment horizon. Opera maintains Sharpe Ratio (i.e., Efficiency) of 0.22, which implies the firm had a 0.22% return per unit of risk over the last 3 months. By analyzing Opera's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please evaluate Opera's Coefficient Of Variation of 524.42, semi deviation of 1.57, and Risk Adjusted Performance of 0.1525 to confirm if our risk estimates are consistent with your expectations.
  
At present, Opera's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 118.2 M, whereas Common Stock Total Equity is forecasted to decline to about 20.5 K. . At present, Opera's Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.01, whereas Price To Sales Ratio is forecasted to decline to 2.83. Opera Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2203

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Estimated Market Risk

 2.53
  actual daily
22
78% of assets are more volatile

Expected Return

 0.56
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.22
  actual daily
17
83% of assets perform better
Based on monthly moving average Opera is performing at about 17% 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 Opera by adding it to a well-diversified portfolio.
Price Book
1.9624
Enterprise Value Ebitda
8.9713
Price Sales
3.9654
Shares Float
48.9 M
Dividend Share
0.8

Opera Valuation on October 25, 2024

It is possible to determine the worth of Opera on a given historical date. On October 25, 2024 Opera was worth 16.2 at the beginning of the trading date compared to the closed value of 16.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Opera stock. Still, in general, we apply an absolute valuation method to find Opera'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 Opera where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Opera's related companies.
 Open High Low Close Volume
  15.57    16.17    15.57    16.13    464,921  
10/25/2024
  16.20    16.54    16.15    16.48    596,678  
  16.63    16.94    16.51    16.87    809,403  
Backtest Opera  |  Opera History  |  Opera Valuation   PreviousNext  
Open Value
16.2
16.48
Closing Value
23.79
Upside

Opera Trading Date Momentum on October 25, 2024

On October 28 2024 Opera was traded for  16.87  at the closing time. The top price for the day was 16.94  and the lowest listed price was  16.51 . The trading volume for the day was 809.4 K. The trading history from October 28, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 2.37% . The trading delta at closing time against the current closing price is 8.86% .

Opera Fundamentals Correlations and Trends

By evaluating Opera'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 Opera's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Opera financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Opera Stock history

Opera 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 Opera is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Opera 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 Opera stock prices may prove useful in developing a viable investing in Opera
Last ReportedProjected for Next Year
Common Stock Shares Outstanding90.9 M118.2 M
Net Income Applicable To Common Shares17.3 M16.4 M

Opera Quarterly Net Working Capital

101.5 Million

Opera Stock Technical Analysis

Opera 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.
A focus of Opera technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Opera trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Opera Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

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Opera 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.

Opera December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Opera stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Opera shares will generate the highest return on investment. By undertsting and applying Opera stock market strength indicators, traders can identify Opera entry and exit signals to maximize returns

Opera Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Opera's price direction in advance. Along with the technical and fundamental analysis of Opera Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Opera 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.

Complementary Tools for Opera Stock analysis

When running Opera's price analysis, check to measure Opera'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 Opera is operating at the current time. Most of Opera's value examination focuses on studying past and present price action to predict the probability of Opera's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opera's price. Additionally, you may evaluate how the addition of Opera to your portfolios can decrease your overall portfolio volatility.
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