Open Text Corp Stock Market Value
| OTEX Stock | USD 30.86 1.37 4.65% |
| Symbol | Open |
Is Application Software 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 Open Text. If investors know Open 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 Open Text listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Open Text Corp is measured differently than its book value, which is the value of Open that is recorded on the company's balance sheet. Investors also form their own opinion of Open Text's value that differs from its market value or its book value, called intrinsic value, which is Open Text'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 Open Text's market value can be influenced by many factors that don't directly affect Open Text'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 Open Text's value and its price as these two are different measures arrived at by different means. Investors typically determine if Open Text is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Open Text'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.
Open Text 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Open Text's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Open Text.
| 05/16/2025 |
| 08/14/2025 |
If you would invest 0.00 in Open Text on May 16, 2025 and sell it all today you would earn a total of 0.00 from holding Open Text Corp or generate 0.0% return on investment in Open Text over 90 days. Open Text is related to or competes with Docebo, Descartes Systems, Manhattan Associates, SSC Technologies, Progress Software, and Pegasystems. Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions More
Open Text Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Open Text's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Open Text Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.0264 | |||
| Maximum Drawdown | 12.26 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 3.24 |
Open Text Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Open Text's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Open Text's standard deviation. In reality, there are many statistical measures that can use Open Text historical prices to predict the future Open Text's volatility.| Risk Adjusted Performance | 0.0766 | |||
| Jensen Alpha | 0.0252 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0307 | |||
| Treynor Ratio | 0.1426 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Open Text'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.
Open Text Corp Backtested Returns
At this stage we consider Open Stock to be very steady. Open Text Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0887, which implies the firm had a 0.0887 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Open Text Corp, which you can use to evaluate the volatility of the company. Please check Open Text's Risk Adjusted Performance of 0.0766, coefficient of variation of 1127.86, and Semi Deviation of 1.71 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Open Text has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of 1.25, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Open Text will likely underperform. Open Text Corp right now holds a risk of 2.13%. Please check Open Text Corp sortino ratio, as well as the relationship between the semi variance and rate of daily change , to decide if Open Text Corp will be following its historical price patterns.
Auto-correlation | 0.39 |
Below average predictability
Open Text Corp has below average predictability. Overlapping area represents the amount of predictability between Open Text time series from 16th of May 2025 to 30th of June 2025 and 30th of June 2025 to 14th of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Open Text Corp price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Open Text price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.71 |
Open Text Corp lagged returns against current returns
Autocorrelation, which is Open Text stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Open Text's stock expected returns. We can calculate the autocorrelation of Open Text returns to help us make a trade decision. For example, suppose you find that Open Text has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Open Text regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Open Text stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Open Text stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Open Text stock over time.
Current vs Lagged Prices |
| Timeline |
Open Text Lagged Returns
When evaluating Open Text's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Open Text stock have on its future price. Open Text autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Open Text autocorrelation shows the relationship between Open Text stock current value and its past values and can show if there is a momentum factor associated with investing in Open Text Corp.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Open Stock Analysis
When running Open Text's price analysis, check to measure Open Text'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 Open Text is operating at the current time. Most of Open Text's value examination focuses on studying past and present price action to predict the probability of Open Text's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Open Text's price. Additionally, you may evaluate how the addition of Open Text to your portfolios can decrease your overall portfolio volatility.