Opus One Resources Stock Performance
| OOR Stock | CAD 0.04 0.01 10.00% |
On a scale of 0 to 100, Opus One holds a performance score of 5. The company holds a Beta of -2.58, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Opus One are expected to decrease by larger amounts. On the other hand, during market turmoil, Opus One is expected to outperform it. Please check Opus One's potential upside and the relationship between the skewness and relative strength index , to make a quick decision on whether Opus One's historical price patterns will revert.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Opus One Resources are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Opus One showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Opus One Gold Corporation Announces Grant of Stock Options - GlobeNewswire | 10/25/2024 |
| Begin Period Cash Flow | 33.5 K |
Opus |
Opus One Relative Risk vs. Return Landscape
If you would invest 4.00 in Opus One Resources on September 22, 2024 and sell it today you would earn a total of 0.50 from holding Opus One Resources or generate 12.5% return on investment over 90 days. Opus One Resources is currently producing 0.7436% returns and takes up 11.5509% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Opus, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Opus One Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Opus One's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Opus One Resources, and traders can use it to determine the average amount a Opus One'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 = 0.0644
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Estimated Market Risk
| 11.55 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Opus One is performing at about 5% 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 Opus One by adding it to a well-diversified portfolio.
Opus One Fundamentals Growth
Opus Stock prices reflect investors' perceptions of the future prospects and financial health of Opus One, and Opus One 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 Opus Stock performance.
| Return On Equity | -0.76 | ||||
| Return On Asset | -0.35 | ||||
| Current Valuation | 7.69 M | ||||
| Shares Outstanding | 175.72 M | ||||
| Price To Book | 6.86 X | ||||
| Gross Profit | (3.5 K) | ||||
| EBITDA | (282.88 K) | ||||
| Net Income | (1.52 M) | ||||
| Cash And Equivalents | 66.77 K | ||||
| Total Debt | 626.32 K | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (265.67 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Total Asset | 1.82 M | ||||
| Retained Earnings | (20.03 M) | ||||
About Opus One Performance
Evaluating Opus One's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Opus One 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 Opus One 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.
Opus One Resources Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties primarily in Canada. Opus One Resources Inc. was incorporated in 1979 and is headquartered in Montreal, Canada. OPUS ONE operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.Things to note about Opus One Resources performance evaluation
Checking the ongoing alerts about Opus One for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Opus One Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Opus One Resources is way too risky over 90 days horizon | |
| Opus One Resources has some characteristics of a very speculative penny stock | |
| Opus One Resources appears to be risky and price may revert if volatility continues | |
| Opus One Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.52 M) with loss before overhead, payroll, taxes, and interest of (3.5 K). | |
| Opus One Resources has accumulated about 66.77 K in cash with (265.67 K) of positive cash flow from operations. |
- Analyzing Opus One'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 Opus One's stock is overvalued or undervalued compared to its peers.
- Examining Opus One'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 Opus One's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Opus One's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Opus One's stock. These opinions can provide insight into Opus One's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Opus Stock Analysis
When running Opus One's price analysis, check to measure Opus One'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 Opus One is operating at the current time. Most of Opus One's value examination focuses on studying past and present price action to predict the probability of Opus One's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opus One's price. Additionally, you may evaluate how the addition of Opus One to your portfolios can decrease your overall portfolio volatility.