Opendoor Technologies Return On Equity vs. Shares Owned By Insiders
| OPEN Stock | USD 1.92 0.04 2.04% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.28) | Current Value (0.30) | Quarterly Volatility 0.35877027 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.0815 | 0.0701 |
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For Opendoor Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Opendoor Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Opendoor Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Opendoor Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Opendoor Technologies over time as well as its relative position and ranking within its peers.
Opendoor |
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.
Opendoor Technologies Shares Owned By Insiders vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Opendoor Technologies's current stock value. Our valuation model uses many indicators to compare Opendoor Technologies value to that of its competitors to determine the firm's financial worth. Opendoor Technologies is regarded fifth in return on equity category among its peers. It is rated below average in shares owned by insiders category among its peers . At this time, Opendoor Technologies' Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Opendoor Technologies' earnings, one of the primary drivers of an investment's value.Opendoor Shares Owned By Insiders vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Opendoor Technologies |
| = | -0.41 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Opendoor Technologies |
| = | 10.74 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Opendoor Shares Owned By Insiders Comparison
Opendoor Technologies is currently under evaluation in shares owned by insiders category among its peers.
Opendoor Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Opendoor Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Opendoor Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Opendoor Technologies' change in net profit over the period of time. It can combine multiple indicators of Opendoor Technologies, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -1000 K | -1.1 M | |
| Net Loss | -1.2 B | -1.2 B | |
| Net Interest Income | -287 M | -272.6 M | |
| Operating Income | -362 M | -380.1 M | |
| Net Loss | -583 M | -612.1 M | |
| Income Before Tax | -274 M | -287.7 M | |
| Total Other Income Expense Net | 88 M | 92.4 M | |
| Net Loss | -275 M | -288.8 M | |
| Income Tax Expense | 1000 K | 950 K | |
| Change To Netincome | 1.2 B | 1.3 B | |
| Net Loss | (0.42) | (0.44) | |
| Income Quality | (8.52) | (8.10) | |
| Net Income Per E B T | 1.00 | 1.16 |
Opendoor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Opendoor Technologies. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Opendoor Technologies position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Opendoor Technologies' important profitability drivers and their relationship over time.
Use Opendoor Technologies in pair-trading
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.Opendoor Technologies Pair Trading
Opendoor Technologies Pair Trading Analysis
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.Use Investing Themes to Complement your Opendoor Technologies position
In addition to having Opendoor Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Your Equity Center. To learn how to invest in Opendoor Stock, please use our How to Invest in Opendoor Technologies guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
To fully project Opendoor Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Opendoor Technologies at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Opendoor Technologies' income statement, its balance sheet, and the statement of cash flows.