OPERA SOFTWARE (Germany) Price on April 27, 2023
| OS3 Stock | 0.65 0.01 1.56% |
If you're considering investing in OPERA Stock, it is important to understand the factors that can impact its price. As of today, the current price of OPERA SOFTWARE stands at 0.65, as last reported on the 8th of January, with the highest price reaching 0.66 and the lowest price hitting 0.65 during the day. Currently, OPERA SOFTWARE is dangerous. OPERA SOFTWARE maintains Sharpe Ratio (i.e., Efficiency) of 0.0079, which implies the firm had a 0.0079% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for OPERA SOFTWARE, which you can use to evaluate the volatility of the company. Please check OPERA SOFTWARE's Mean Deviation of 1.23, risk adjusted performance of 0.0118, and Semi Deviation of 1.22 to confirm if the risk estimate we provide is consistent with the expected return of 0.0128%.
OPERA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OPERA |
Sharpe Ratio = 0.0079
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OS3 |
Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OPERA SOFTWARE 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 OPERA SOFTWARE by adding OPERA SOFTWARE to a well-diversified portfolio.
OPERA SOFTWARE Valuation on April 27, 2023
It is possible to determine the worth of OPERA SOFTWARE on a given historical date. On April 27, 2023 OPERA was worth 0.6 at the beginning of the trading date compared to the closed value of 0.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OPERA SOFTWARE stock. Still, in general, we apply an absolute valuation method to find OPERA SOFTWARE'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 SOFTWARE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OPERA SOFTWARE's related companies.
| Open | High | Low | Close | Volume | |
| 0.63 | 0.63 | 0.59 | 0.60 | 1.00 | |
04/27/2023 | 0.60 | 0.60 | 0.60 | 0.60 | 1.00 |
| 0.61 | 0.61 | 0.61 | 0.61 | 1.00 |
| Backtest OPERA SOFTWARE | | | OPERA SOFTWARE History | | | OPERA SOFTWARE Valuation | Previous | Next |
OPERA SOFTWARE Trading Date Momentum on April 27, 2023
| On April 28 2023 OPERA SOFTWARE was traded for 0.61 at the closing time. The highest price during the trading period was 0.61 and the lowest recorded bid was listed for 0.61 . There was no trading activity during the period 1.0. Lack of trading volume on April 28, 2023 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.67% . The trading delta at closing time to the current price is 6.67% . |
OPERA SOFTWARE Fundamentals Correlations and Trends
By evaluating OPERA SOFTWARE'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 SOFTWARE'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 SOFTWARE Stock history
OPERA SOFTWARE 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 SOFTWARE 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 SOFTWARE stock prices may prove useful in developing a viable investing in OPERA SOFTWARE
OPERA SOFTWARE Stock Technical Analysis
OPERA SOFTWARE 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
OPERA SOFTWARE Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
OPERA SOFTWARE cannot be verified against its exchange. Please verify the symbol is currently traded on Stuttgart 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 SOFTWARE January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how OPERA SOFTWARE 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 SOFTWARE shares will generate the highest return on investment. By undertsting and applying OPERA SOFTWARE stock market strength indicators, traders can identify OPERA SOFTWARE entry and exit signals to maximize returns
OPERA SOFTWARE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OPERA SOFTWARE'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.
| Risk Adjusted Performance | 0.0118 | |||
| Jensen Alpha | 0.0036 | |||
| Total Risk Alpha | 0.0049 | |||
| Sortino Ratio | 0.0025 | |||
| Treynor Ratio | (0.01) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for OPERA Stock Analysis
When running OPERA SOFTWARE's price analysis, check to measure OPERA SOFTWARE'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 SOFTWARE is operating at the current time. Most of OPERA SOFTWARE's value examination focuses on studying past and present price action to predict the probability of OPERA SOFTWARE'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 SOFTWARE's price. Additionally, you may evaluate how the addition of OPERA SOFTWARE to your portfolios can decrease your overall portfolio volatility.