Open Text Corp Stock Performance
| OTEX Stock | USD 26.06 0.95 3.78% |
The company holds a Beta of -0.15, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Open Text are expected to decrease at a much lower rate. During the bear market, Open Text is likely to outperform the market. At this point, Open Text Corp has a negative expected return of -0.14%. Please make sure to check Open Text's value at risk, as well as the relationship between the rate of daily change and relative strength index , to decide if Open Text Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Open Text Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unsteady performance, the Stock's technical and fundamental indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
| Open Text dividend paid on 20th of December 2024 | 12/20/2024 |
| Begin Period Cash Flow | 1.2 B |
Open |
Open Text Relative Risk vs. Return Landscape
If you would invest 2,863 in Open Text Corp on December 17, 2024 and sell it today you would lose (257.00) from holding Open Text Corp or give up 8.98% of portfolio value over 90 days. Open Text Corp is currently does not generate positive expected returns and assumes 1.7466% risk (volatility on return distribution) over the 90 days horizon. In different words, 15% of stocks are less volatile than Open, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Open Text Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Open Text's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Open Text Corp, and traders can use it to determine the average amount a Open Text's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0796
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| Negative Returns | OTEX |
Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Open Text 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 Open Text by adding Open Text to a well-diversified portfolio.
Open Text Fundamentals Growth
Open Stock prices reflect investors' perceptions of the future prospects and financial health of Open Text, and Open Text fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Open Stock performance.
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.043 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 12.39 B | ||||
| Shares Outstanding | 264 M | ||||
| Price To Earning | 87.58 X | ||||
| Price To Book | 1.63 X | ||||
| Price To Sales | 1.27 X | ||||
| Revenue | 5.77 B | ||||
| EBITDA | 2.09 B | ||||
| Cash And Equivalents | 1.7 B | ||||
| Cash Per Share | 6.39 X | ||||
| Total Debt | 6.69 B | ||||
| Debt To Equity | 1.11 % | ||||
| Book Value Per Share | 16.30 X | ||||
| Cash Flow From Operations | 967.69 M | ||||
| Earnings Per Share | 2.45 X | ||||
| Total Asset | 14.21 B | ||||
| Retained Earnings | 2.12 B | ||||
| Current Asset | 146.71 M | ||||
| Current Liabilities | 42.82 M | ||||
About Open Text Performance
Evaluating Open Text's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Open Text has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Open Text has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada. Open Text operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 14800 people.Things to note about Open Text Corp performance evaluation
Checking the ongoing alerts about Open Text for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Open Text Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Open Text Corp generated a negative expected return over the last 90 days | |
| Over 76.0% of the company shares are owned by institutional investors |
- Analyzing Open Text's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Open Text's stock is overvalued or undervalued compared to its peers.
- Examining Open Text's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Open Text's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Open Text's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Open Text's stock. These opinions can provide insight into Open Text's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Open Stock Analysis
When running Open Text's price analysis, check to measure Open Text'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 Open Text is operating at the current time. Most of Open Text's value examination focuses on studying past and present price action to predict the probability of Open Text's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Open Text's price. Additionally, you may evaluate how the addition of Open Text to your portfolios can decrease your overall portfolio volatility.