Offerpad Competitors
| OPAD Stock | USD 1.03 0.13 11.21% |
Offerpad Solutions Correlation With Market
Very good diversification
The correlation between Offerpad Solutions and DJI is -0.45 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Offerpad Solutions and DJI in the same portfolio, assuming nothing else is changed.
Moving against Offerpad Stock
Offerpad Solutions Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Offerpad Solutions and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Offerpad and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Offerpad Solutions does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Offerpad Stock performing well and Offerpad Solutions Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Offerpad Solutions' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MAYS | 0.73 | 0.26 | 0.00 | (1.83) | 0.00 | 3.67 | 4.33 | |||
| RFL | 2.03 | (0.13) | 0.00 | 0.32 | 0.00 | 4.92 | 31.43 | |||
| FTHM | 4.53 | (0.59) | 0.00 | (0.22) | 0.00 | 10.38 | 32.95 | |||
| AFCG | 3.30 | (0.53) | 0.00 | (0.44) | 0.00 | 6.16 | 25.20 | |||
| STHO | 1.79 | (0.05) | (0.02) | 0.01 | 2.29 | 3.91 | 12.93 | |||
| OMH | 4.79 | 0.35 | 0.06 | 0.19 | 6.08 | 10.90 | 40.47 | |||
| LODE | 3.94 | 0.34 | 0.06 | 0.53 | 4.89 | 8.36 | 25.76 | |||
| ASPS | 3.28 | (1.04) | 0.00 | 5.02 | 0.00 | 4.77 | 19.75 | |||
| SACH | 1.53 | (0.01) | (0.01) | 0.03 | 2.00 | 3.00 | 13.97 |
Offerpad Solutions Competitive Analysis
The better you understand Offerpad Solutions competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Offerpad Solutions' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Offerpad Solutions' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Offerpad Solutions Competition Performance Charts
Five steps to successful analysis of Offerpad Solutions Competition
Offerpad Solutions' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Offerpad Solutions in relation to its competition. Offerpad Solutions' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Offerpad Solutions in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Offerpad Solutions' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Offerpad Solutions, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Offerpad Solutions Correlation with its peers. For information on how to trade Offerpad Stock refer to our How to Trade Offerpad Stock guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Will Stock sector continue expanding? Could Offerpad diversify its offerings? Factors like these will boost the valuation of Offerpad Solutions. Anticipated expansion of Offerpad directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Offerpad Solutions data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
The market value of Offerpad Solutions is measured differently than its book value, which is the value of Offerpad that is recorded on the company's balance sheet. Investors also form their own opinion of Offerpad Solutions' value that differs from its market value or its book value, called intrinsic value, which is Offerpad Solutions' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Offerpad Solutions' market value can be influenced by many factors that don't directly affect Offerpad Solutions' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Offerpad Solutions' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Offerpad Solutions should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Offerpad Solutions' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.