Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With OPFI Stock Today?
Oppfi Inc (OPFI) stock is up 2.87% while the S&P 500 is lower by -0.23% as of 11:08 AM on Thursday, Nov 16. OPFI has risen $0.08 from the previous closing price of $2.79 on volume of 121,573 shares. Over the past year the S&P 500 is up 12.55% while OPFI has risen 24.78%. OPFI earned $0.33 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.64.
