Elise Wang - Opendoor Technologies VP Relations

OPEN Stock  USD 2.27  0.07  3.18%   

Insider

Elise Wang is VP Relations of Opendoor Technologies
Address 410 North Scottsdale Road, Tempe, AZ, United States, 85288
Phone480 618 6760
Webhttps://www.opendoor.com

Opendoor Technologies Management Efficiency

The company has return on total asset (ROA) of (0.0557) % which means that it has lost $0.0557 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.4064) %, meaning that it created substantial loss on money invested by shareholders. Opendoor Technologies' management efficiency ratios could be used to measure how well Opendoor Technologies manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Tangible Assets is likely to drop to -0.08. In addition to that, Return On Capital Employed is likely to drop to -0.11. At this time, Opendoor Technologies' Net Tangible Assets are very stable compared to the past year. As of the 28th of November 2024, Other Assets is likely to grow to about 2.3 M, while Other Current Assets are likely to drop about 492.7 M.
Opendoor Technologies currently holds 2.53 B in liabilities with Debt to Equity (D/E) ratio of 3.21, implying the company greatly relies on financing operations through barrowing. Opendoor Technologies has a current ratio of 2.7, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Opendoor Technologies' use of debt, we should always consider it together with its cash and equity.

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Opendoor Technologies Inc. operates a digital platform for residential real estate in the United States. Opendoor Technologies Inc. was incorporated in 2013 and is based in Tempe, Arizona. Opendoor Technologies operates under Real Estate Services classification in the United States and is traded on NASDAQ Exchange. It employs 2816 people. Opendoor Technologies (OPEN) is traded on NASDAQ Exchange in USA. It is located in 410 North Scottsdale Road, Tempe, AZ, United States, 85288 and employs 1,982 people. Opendoor Technologies is listed under Real Estate Management & Development category by Fama And French industry classification.

Management Performance

Opendoor Technologies Leadership Team

Elected by the shareholders, the Opendoor Technologies' board of directors comprises two types of representatives: Opendoor Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Opendoor. The board's role is to monitor Opendoor Technologies' management team and ensure that shareholders' interests are well served. Opendoor Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Opendoor Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Sydney Schaub, Chief Secretary
Dod Fraser, President Capital
Amelia Generalis, Chief Officer
Kimberly Niehaus, Investor Officer
Raji Subramanian, Chief Officer
Daniel Morillo, Chief Officer
Chung Wu, CoFounder Board
Ah Low, President
Christina Schwartz, Interim Officer
Sheila Tran, Chief Officer
Julie Todaro, Strategic Advisor
David Corns, Chief Officer
Elise Wang, VP Relations
Christy Schwartz, Interim Officer
Eric Wu, Chairman CoFounder
Carrie Wheeler, Chief Officer
Megan Toolson, President Services

Opendoor Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Opendoor Technologies a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Opendoor Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Opendoor Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Opendoor Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Opendoor Stock

  0.39UE Urban Edge PropertiesPairCorr
The ability to find closely correlated positions to Opendoor Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Opendoor Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Opendoor Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Opendoor Technologies to buy it.
The correlation of Opendoor Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Opendoor Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Opendoor Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Opendoor Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Opendoor Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Opendoor Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Opendoor Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Opendoor Technologies Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opendoor Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Opendoor Stock, please use our How to Invest in Opendoor Technologies guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Real Estate Management & Development 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 Opendoor Technologies. If investors know Opendoor 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 Opendoor Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.54)
Revenue Per Share
7.174
Quarterly Revenue Growth
0.405
Return On Assets
(0.06)
Return On Equity
(0.41)
The market value of Opendoor Technologies is measured differently than its book value, which is the value of Opendoor that is recorded on the company's balance sheet. Investors also form their own opinion of Opendoor Technologies' value that differs from its market value or its book value, called intrinsic value, which is Opendoor Technologies' 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 Opendoor Technologies' market value can be influenced by many factors that don't directly affect Opendoor Technologies' 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 Opendoor Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Opendoor Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opendoor Technologies' 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.