O I Glass Stock Price on December 31, 2023
| OI Stock | USD 15.52 0.45 2.99% |
Below is the normalized historical share price chart for O I Glass extending back to December 11, 1991. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of O I stands at 15.52, as last reported on the 29th of April, with the highest price reaching 15.52 and the lowest price hitting 14.82 during the day.
If you're considering investing in O I Stock, it is important to understand the factors that can impact its price. We consider O I not too volatile. O I Glass maintains Sharpe Ratio (i.e., Efficiency) of 0.0291, which implies the company had a 0.0291% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for O I Glass, which you can use to evaluate the volatility of the entity. Please check O I's market risk adjusted performance of 0.0466, and Coefficient Of Variation of 4251.08 to confirm if the risk estimate we provide is consistent with the expected return of 0.0933%.
As of now, O I's Stock Based Compensation is decreasing as compared to previous years. The O I's current Stock Based Compensation To Revenue is estimated to increase to 0.01, while Total Stockholder Equity is projected to decrease to under 891.9 M. . As of now, O I's Price To Free Cash Flows Ratio is decreasing as compared to previous years. The O I's current Price To Book Ratio is estimated to increase to 2.72, while Price Earnings Ratio is forecasted to increase to (23.36). O I Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of December 1991 | 200 Day MA 16.8234 | 50 Day MA 16.0038 | Beta 1.353 |
O I |
Sharpe Ratio = 0.0291
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | OI | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.21 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average O I is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of O I by adding it to a well-diversified portfolio.
Price Book 1.4804 | Enterprise Value Ebitda 7.1917 | Price Sales 0.3353 | Shares Float 151.2 M | Wall Street Target Price 20.89 |
O I Valuation on December 31, 2023
It is possible to determine the worth of O I on a given historical date. On December 31, 2023 O I was worth 16.58 at the beginning of the trading date compared to the closed value of 16.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of O I stock. Still, in general, we apply an absolute valuation method to find O I's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of O I where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against O I's related companies.
| Open | High | Low | Close | Volume | |
| 16.90 | 16.98 | 16.56 | 16.65 | 910,472 | |
12/29/2023 | 16.58 | 16.61 | 16.29 | 16.38 | 977,330 |
| 16.17 | 16.59 | 16.10 | 16.22 | 1,082,501 |
| Backtest O I | | | O I History | | | O I Valuation | Previous | Next |
O I Trading Date Momentum on December 31, 2023
| On January 02 2024 O I Glass was traded for 16.22 at the closing time. The highest price during the trading period was 16.59 and the lowest recorded bid was listed for 16.10 . The volume for the day was 1.1 M. This history from January 2, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.98% . The trading delta at closing time to the current price is 5.92% . |
O I Glass Fundamentals Correlations and Trends
By evaluating O I's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among O I's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. O I financial account trend analysis is a perfect complement when working with valuation or volatility modules.About O I Stock history
O I investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for O I is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in O I Glass will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing O I stock prices may prove useful in developing a viable investing in O I
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 154.7 M | 167.1 M | |
| Net Income Applicable To Common Shares | 671.6 M | 705.2 M |
O I Quarterly Net Working Capital |
|
O I Stock Technical Analysis
O I technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
O I Period Price Range
Low | December 29, 2023
| High |
16.58 | 16.38 |
O I April 29, 2024 Market Strength
Market strength indicators help investors to evaluate how O I stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading O I shares will generate the highest return on investment. By undertsting and applying O I stock market strength indicators, traders can identify O I Glass entry and exit signals to maximize returns
| Accumulation Distribution | 18828.75 | |||
| Daily Balance Of Power | (0.62) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 16.45 | |||
| Day Typical Price | 16.43 | |||
| Price Action Indicator | (0.17) | |||
| Period Momentum Indicator | (0.86) |
O I Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for O I's price direction in advance. Along with the technical and fundamental analysis of O I Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of O I to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0227 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0366 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in O I Glass. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for O I Stock analysis
When running O I's price analysis, check to measure O I'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 O I is operating at the current time. Most of O I's value examination focuses on studying past and present price action to predict the probability of O I's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move O I's price. Additionally, you may evaluate how the addition of O I to your portfolios can decrease your overall portfolio volatility.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |
Is O I'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 O I. If investors know O I 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 O I 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 (0.78) | Earnings Share (0.67) | Revenue Per Share 45.942 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0565 |
The market value of O I Glass is measured differently than its book value, which is the value of O I that is recorded on the company's balance sheet. Investors also form their own opinion of O I's value that differs from its market value or its book value, called intrinsic value, which is O I'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 O I's market value can be influenced by many factors that don't directly affect O I'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 O I's value and its price as these two are different measures arrived at by different means. Investors typically determine if O I is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, O I'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.