O I Glass Stock Performance
OI Stock | USD 15.66 0.59 3.92% |
O I has a performance score of 4 on a scale of 0 to 100. The firm holds a Beta of 1.75, 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, O I will likely underperform. O I Glass today holds a risk of 3.24%. Please check O I Glass downside variance, and the relationship between the sortino ratio and accumulation distribution , to decide if O I Glass will be following its historical price patterns.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in O I Glass are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite fairly weak forward indicators, O I may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Actual Historical Performance (%)
One Day Return 3.92 | Five Day Return 5.17 | Year To Date Return (3.45) | Ten Year Return (50.79) | All Time Return 49.14 |
Dividend Date 2020-03-16 | Ex Dividend Date 2020-02-27 |
1 | O-I Glass Inc Reports Full Year and Q4 2023 Results A Mixed Glass of Performance | 02/06/2024 |
2 | O-I GLASS TO PRESENT AT BofA SECURITIES 2024 GLOBAL AGRICULTURE AND MATERIALS CONFERENCE | 02/22/2024 |
3 | Jacobs Levy Equity Management Inc. Reduces Stock Position in O-I Glass, Inc. - Defense World | 03/14/2024 |
4 | Acquisition by Samuel Chapin of 10802 shares of O I subject to Rule 16b-3 | 03/18/2024 |
5 | American Century Companies Inc. Buys 121495 Shares of O-I Glass, Inc. - Defense World | 03/20/2024 |
6 | O-I Glass Selected by US Department of Energy to Receive 125 M Investment to Accelerate Industrial Decarbonization Technologies | 03/25/2024 |
7 | O-I Glass to Receive Fund for Decarbonization Project | 03/26/2024 |
8 | O-I Glass names former Bunge exec Hardie as CEO | 04/04/2024 |
9 | O-I Glass Sustainably Transformed and Expanded Zipaquira, Colombia, Plant | 04/17/2024 |
10 | O-I Glass cut at BofA, seeing weak demand for glass-packaged alcohol products | 04/19/2024 |
11 | Semanteon Capital Management LP Makes New Investment in O-I Glass, Inc. - MarketBeat | 04/25/2024 |
Begin Period Cash Flow | 773 M |
O I |
O I Relative Risk vs. Return Landscape
If you would invest 1,456 in O I Glass on January 31, 2024 and sell it today you would earn a total of 110.00 from holding O I Glass or generate 7.55% return on investment over 90 days. O I Glass is generating 0.168% of daily returns and assumes 3.24% volatility on return distribution over the 90 days horizon. Put differently, 28% of stocks are less risky than O I on the basis of their historical return distribution, and some 97% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
Risk |
O I Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for O I's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as O I Glass, and traders can use it to determine the average amount a O I's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0518
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Estimated Market Risk
3.24 actual daily | 28 72% of assets are more volatile |
Expected Return
0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average O I is performing at about 4% 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.
O I Fundamentals Growth
O I Stock prices reflect investors' perceptions of the future prospects and financial health of O I, and O I fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on O I Stock performance.
Return On Equity | -0.052 | ||||
Return On Asset | 0.0565 | ||||
Profit Margin | (0.01) % | ||||
Operating Margin | 0.06 % | ||||
Current Valuation | 6.71 B | ||||
Shares Outstanding | 155.69 M | ||||
Price To Earning | 5.51 X | ||||
Price To Book | 1.48 X | ||||
Price To Sales | 0.34 X | ||||
Revenue | 7.11 B | ||||
Gross Profit | 1.21 B | ||||
EBITDA | 1.34 B | ||||
Net Income | (103 M) | ||||
Cash And Equivalents | 773 M | ||||
Cash Per Share | 4.24 X | ||||
Total Debt | 5.17 B | ||||
Debt To Equity | 3.61 % | ||||
Current Ratio | 1.47 X | ||||
Book Value Per Share | 10.43 X | ||||
Cash Flow From Operations | 796 M | ||||
Earnings Per Share | (0.67) X | ||||
Market Capitalization | 2.35 B | ||||
Total Asset | 9.67 B | ||||
Retained Earnings | 782 M | ||||
Working Capital | 538 M | ||||
Current Asset | 1.89 B | ||||
Current Liabilities | 1.3 B | ||||
About O I Performance
To evaluate O I Glass Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when O I generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare O I Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand O I Glass market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents O I's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for Next Year | ||
Days Of Inventory On Hand | 69.04 | 74.89 | |
Return On Tangible Assets | (0.01) | (0.01) | |
Return On Capital Employed | 0.11 | 0.12 | |
Return On Assets | (0.01) | (0.01) | |
Return On Equity | (0.06) | (0.06) |
Things to note about O I Glass performance evaluation
Checking the ongoing alerts about O I for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for O I Glass help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.O I Glass had very high historical volatility over the last 90 days | |
The company generated the yearly revenue of 7.11 B. Annual Net Loss to common stockholders was (103 M) with gross profit of 1.21 B. | |
Over 99.0% of the company shares are owned by institutional investors | |
Latest headline from news.google.com: Semanteon Capital Management LP Makes New Investment in O-I Glass, Inc. - MarketBeat |
- Analyzing O I's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether O I's stock is overvalued or undervalued compared to its peers.
- Examining O I's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating O I's management team can have a significant impact on its success or failure. Reviewing the track record and experience of O I's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of O I's stock. These opinions can provide insight into O I's potential for growth and whether the stock is currently undervalued or overvalued.
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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.
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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.