Opthea Stock Beta
| OPT Stock | USD 3.18 0.11 3.58% |
Opthea fundamentals help investors to digest information that contributes to Opthea's financial success or failures. It also enables traders to predict the movement of Opthea Stock. The fundamental analysis module provides a way to measure Opthea's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Opthea stock.
Opthea | Beta |
Opthea Company Beta Analysis
Opthea's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Opthea Beta | 1.64 |
Most of Opthea's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Opthea is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Opthea Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Opthea is extremely important. It helps to project a fair market value of Opthea Stock properly, considering its historical fundamentals such as Beta. Since Opthea's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Opthea's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Opthea's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Opthea has a Beta of 1.639. This is 90.58% higher than that of the Biotechnology sector and 17.91% higher than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.
Opthea Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Opthea's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Opthea could also be used in its relative valuation, which is a method of valuing Opthea by comparing valuation metrics of similar companies.Opthea is currently under evaluation in beta category among its peers.
Opthea Current Valuation Drivers
We derive many important indicators used in calculating different scores of Opthea from analyzing Opthea's financial statements. These drivers represent accounts that assess Opthea's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Opthea's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 341.5M | 283.1M | 171.9M | 146.8M | 132.1M | 70.3M | |
| Enterprise Value | 184.2M | 218.2M | 38.2M | 116.0M | 104.4M | 109.6M |
Opthea ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Opthea's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Opthea's managers, analysts, and investors.Environmental | Governance | Social |
Opthea Institutional Holders
Institutional Holdings refers to the ownership stake in Opthea that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Opthea's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Opthea's value.| Shares | Frazier Financial Advisors, Llc | 2024-09-30 | 0.0 | Royal Bank Of Canada | 2024-09-30 | 0.0 | Jane Street Group Llc | 2024-12-31 | 0.0 | Bank Of Montreal | 2024-09-30 | 0.0 | Bmo Capital Markets Corp. | 2024-09-30 | 0.0 | Stratos Wealth Partners, Ltd | 2024-12-31 | 0.0 | Victory Capital Management Inc. | 2024-09-30 | 0.0 | Teacher Retirement System Of Texas | 2024-09-30 | 0.0 | Vgi Partners Pty Ltd | 2024-12-31 | 2.9 M | Baker Bros Advisors Lp | 2024-12-31 | 2.2 M | Hsbc Holdings Plc | 2024-12-31 | 142.5 K |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Opthea will likely underperform.
Opthea Fundamentals
| Return On Equity | -33.83 | ||||
| Return On Asset | -0.73 | ||||
| Operating Margin | (571.23) % | ||||
| Current Valuation | 489.75 M | ||||
| Shares Outstanding | 153.91 M | ||||
| Shares Owned By Institutions | 3.68 % | ||||
| Number Of Shares Shorted | 422.91 K | ||||
| Price To Book | 4.31 X | ||||
| Price To Sales | 2,343 X | ||||
| Revenue | 124.67 K | ||||
| Gross Profit | 208.86 K | ||||
| EBITDA | (200.02 M) | ||||
| Net Income | (220.24 M) | ||||
| Cash And Equivalents | 44.63 M | ||||
| Cash Per Share | 1.01 X | ||||
| Total Debt | 141.65 M | ||||
| Current Ratio | 4.97 X | ||||
| Book Value Per Share | (0.14) X | ||||
| Cash Flow From Operations | (161.02 M) | ||||
| Short Ratio | 14.29 X | ||||
| Earnings Per Share | (2.25) X | ||||
| Target Price | 12.17 | ||||
| Number Of Employees | 33 | ||||
| Beta | 1.64 | ||||
| Market Capitalization | 489.42 M | ||||
| Total Asset | 188.79 M | ||||
| Retained Earnings | (579.7 M) | ||||
| Working Capital | 124.14 M | ||||
| Net Asset | 188.79 M |
About Opthea Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Opthea's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Opthea using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Opthea based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Opthea Stock Analysis
When running Opthea's price analysis, check to measure Opthea'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 Opthea is operating at the current time. Most of Opthea's value examination focuses on studying past and present price action to predict the probability of Opthea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opthea's price. Additionally, you may evaluate how the addition of Opthea to your portfolios can decrease your overall portfolio volatility.