Opko Health Stock Price Prediction
| OPK Stock | USD 1.28 0.02 1.59% |
Oversold Vs Overbought
58
Oversold | Overbought |
Opko Health stock price prediction is an act of determining the future value of Opko Health shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Opko Health's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Opko Health and does not consider all of the tangible or intangible factors available from Opko Health's fundamental data. We analyze noise-free headlines and recent hype associated with Opko Health, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Opko Health's stock price prediction:Quarterly Earnings Growth 0.191 | EPS Estimate Next Quarter (0.09) | EPS Estimate Current Year (0.36) | EPS Estimate Next Year (0.26) | Wall Street Target Price 4.25 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Opko Health based on different types of headlines from major news networks to social media. The Opko stock price prediction module provides an analysis of price elasticity to changes in media outlook on Opko Health over a specific investment horizon. Using Opko Health hype-based prediction, you can estimate the value of Opko Health from the perspective of Opko Health response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Opko Health using Opko Health's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Opko using crowd psychology based on the activity and movement of Opko Health's stock price.
Opko Health Short Interest
A significant increase or decrease in Opko Health's short interest from the previous month could be a good indicator of investor sentiment towards Opko. Short interest can provide insight into the potential direction of Opko Health stock and how bullish or bearish investors feel about the market overall. An investor who is long Opko Health may also wish to track short interest. As short interest increases, investors should be becoming more worried about Opko Health and may potentially protect profits, hedge Opko Health with its derivative instruments, or be ready for some potential downside.
200 Day MA 1.3567 | Short Percent 0.2106 | Short Ratio 6.23 | Shares Short Prior Month 93.6 M | 50 Day MA 1.1394 |
Opko Health Hype to Price Pattern
Investor biases related to Opko Health's public news can be used to forecast risks associated with an investment in Opko. The trend in average sentiment can be used to explain how an investor holding Opko can time the market purely based on public headlines and social activities around Opko Health. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Opko Health's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Opko Health.
Opko Health Implied Volatility | 209.73 |
Opko Health's implied volatility exposes the market's sentiment of Opko Health stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Opko Health's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Opko Health stock will not fluctuate a lot when Opko Health's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Opko Health. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Opko Health to buy its stock at a price that has no basis in reality. In that case, they are not buying Opko because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Opko Health after-hype prediction price | USD 1.29 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Opko |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Opko Health's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Opko Health After-Hype Price Prediction Density Analysis
As far as predicting the price of Opko Health at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Opko Health or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Opko Health, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Opko Health Estimiated After-Hype Price Volatility
In the context of predicting Opko Health's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Opko Health's historical news coverage. Opko Health's after-hype downside and upside margins for the prediction period are 0.06 and 4.75, respectively. We have considered Opko Health's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Opko Health is very risky at this time. Analysis and calculation of next after-hype price of Opko Health is based on 3 months time horizon.
Opko Health Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Opko Health is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Opko Health backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Opko Health, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.37 | 3.46 | 0.03 | 0.30 | 11 Events / Month | 5 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
1.28 | 1.29 | 2.38 |
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Opko Health Hype Timeline
On the 10th of May Opko Health is traded for 1.28. The entity has historical hype elasticity of 0.03, and average elasticity to hype of competition of -0.3. Opko is projected to increase in value after the next headline, with the price projected to jump to 1.29 or above. The average volatility of media hype impact on the company the price is over 100%. The price upswing on the next news is projected to be 2.38%, whereas the daily expected return is now at 0.37%. The volatility of related hype on Opko Health is about 421.22%, with the expected price after the next announcement by competition of 0.98. The company has 326.56 M in debt with debt to equity (D/E) ratio of 0.16, which may show that the company is not taking advantage of profits from borrowing. Considering the 90-day investment horizon the next projected press release will be in about 11 days. Check out Opko Health Basic Forecasting Models to cross-verify your projections.Opko Health Related Hype Analysis
Having access to credible news sources related to Opko Health's direct competition is more important than ever and may enhance your ability to predict Opko Health's future price movements. Getting to know how Opko Health's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Opko Health may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GH | Guardant Health | 0.81 | 12 per month | 0.00 | (0.06) | 5.84 | (6.57) | 22.73 | |
| DMTK | DermTech | (0.04) | 8 per month | 0.00 | (0.19) | 4.84 | (6.25) | 37.72 | |
| A | Agilent Technologies | (0.24) | 7 per month | 1.33 | 0.02 | 2.12 | (2.26) | 6.31 | |
| TMO | Thermo Fisher Scientific | (8.23) | 8 per month | 0.97 | (0.03) | 1.79 | (1.51) | 6.20 | |
| DHR | Danaher | 2.90 | 9 per month | 1.05 | (0.04) | 1.59 | (1.66) | 9.05 | |
| ILMN | Illumina | (1.96) | 9 per month | 0.00 | (0.19) | 3.50 | (4.57) | 10.41 | |
| WAT | Waters | 1.01 | 11 per month | 1.67 | (0.03) | 2.72 | (2.69) | 7.95 |
Opko Health Additional Predictive Modules
Most predictive techniques to examine Opko price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Opko using various technical indicators. When you analyze Opko charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Opko Health Predictive Indicators
The successful prediction of Opko Health stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Opko Health, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Opko Health based on analysis of Opko Health hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Opko Health's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Opko Health's related companies. | 2023 | 2024 (projected) | Dividend Yield | 0.001157 | 0.001099 | Price To Sales Ratio | 1.31 | 1.25 |
Story Coverage note for Opko Health
The number of cover stories for Opko Health depends on current market conditions and Opko Health's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Opko Health is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Opko Health's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Opko Health Short Properties
Opko Health's future price predictability will typically decrease when Opko Health's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Opko Health often depends not only on the future outlook of the potential Opko Health's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Opko Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 751.8 M | |
| Cash And Short Term Investments | 95.9 M |
Check out Opko Health Basic Forecasting Models to cross-verify your projections. For more information on how to buy Opko Stock please use our How to buy in Opko Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Opko Stock analysis
When running Opko Health's price analysis, check to measure Opko Health'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 Opko Health is operating at the current time. Most of Opko Health's value examination focuses on studying past and present price action to predict the probability of Opko Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opko Health's price. Additionally, you may evaluate how the addition of Opko Health to your portfolios can decrease your overall portfolio volatility.
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Is Opko Health's industry 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 Opko Health. If investors know Opko 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 Opko Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.191 | Earnings Share (0.25) | Revenue Per Share 1.08 | Quarterly Revenue Growth (0.27) | Return On Assets (0.06) |
The market value of Opko Health is measured differently than its book value, which is the value of Opko that is recorded on the company's balance sheet. Investors also form their own opinion of Opko Health's value that differs from its market value or its book value, called intrinsic value, which is Opko Health's 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 Opko Health's market value can be influenced by many factors that don't directly affect Opko Health's 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 Opko Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opko Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opko Health's 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.