Opko Health, Inc. (OPK) Financial Stocks under R
Post# of 22755
Opko Health, Inc. (OPK) Financial Stocks under Risk Factor Limelight: Pain Therapeutics, Inc. (PTIE)
Opko Health, Inc. (NASDAQ:OPK) along with Pain Therapeutics, Inc. (NASDAQTIE) having a set of lucrative trading activity and it’s been a clear from an assessment of the charts that traders are now aware of company’s key metrics. OPK having beta value of 1.83 and second company’s beta stand at 1.83.
The Beta coefficient, in terms of finance and investing, is a measure of a stock’s (or portfolio’s) volatility in relation to the rest of the market. Beta is calculated for individual companies using regression analysis. The beta coefficient is a key parameter in CAPM (capital asset pricing model). It measures part of the asset’s statistical variance that cannot be mitigated by the diversification provided by the portfolio of many risky assets, because it is correlated with the return of the other assets that are in the portfolio.
Beta < 0: Negative Beta - not likely
Beta = 0: Cash in the bank
Beta Between 0 and 1: Low-volatility
Beta = 1: Matching the market
Beta > 1: More volatile than the market.
Opko Health, Inc. (NASDAQ:OPK) shares collapsed -3.46% with final value of $7.25. About 5.41 Million shares changed at hands as compared to average capacity of 4184.34 shares. The company has 3.42 values in price to sale ratio while price to book ratio was recorded as 2.00. The beta factor of OPK is stands at 1.83. Beta is a number that measures the risk of an individual stock relative to the overall market. The overall market is assigned a beta of 1.0. Stocks that are volatile and move more than the overall market have a beta greater than 1 while stocks with price swings less than the market have a beta less than 1.0. The company has 557.11 shares outstanding and 24.20% shares of the company were owned by institutional investors. To dig out factors, always good to learn who else owns shares, the institutional owner includes mutual funds and pension funds are major players. They buy or sell in enormous chunks. Whether a stock is in or out of their favor can have a big effect on its price.
Shares of Pain Therapeutics, Inc. (NASDAQTIE) showed fell movement during previous trade. It traded with the volume of 2.11 Million shares in the last trading session as compared to average volume of 1183.54 shares. The stock on fell -23.51% and finished the day at $0.62. The one month performance of the stock was 5.14% and it fluctuates about -4.21% in a week. Its 48.21 million shares were outstanding. Having said that, the firm has divers set of ownership, PTIE has institution ownership of 42.00% and Insider Ownership was seen as 23.38%, so it’s been fact that if insider holdings are generally a good thing. Executives who own 30% of a company, for example, are more motivated to make it succeed. ROE was recorded as -60.00%, while beta factor was 2.38.
NASDAQ DIP and RIP
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