ONEOK Graham Number from 2010 to 2024

OKE Stock  USD 111.52  5.53  4.72%   
ONEOK's Graham Number is increasing over the years with slightly volatile fluctuation. Overall, Graham Number is expected to go to 68.09 this year. During the period from 2010 to 2024 ONEOK Graham Number annual values regression line had geometric mean of  20.13 and mean square error of  145.64. View All Fundamentals
 
Graham Number  
First Reported
2010-12-31
Previous Quarter
64.84362143
Current Value
68.09
Quarterly Volatility
19.12286069
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ONEOK financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ONEOK's main balance sheet or income statement drivers, such as Interest Expense of 909.3 M, Total Revenue of 18.6 B or Gross Profit of 3.9 B, as well as many indicators such as Price To Sales Ratio of 2.02, Dividend Yield of 0.0402 or PTB Ratio of 1.96. ONEOK financial statements analysis is a perfect complement when working with ONEOK Valuation or Volatility modules.
  
Check out the analysis of ONEOK Correlation against competitors.

Latest ONEOK's Graham Number Growth Pattern

Below is the plot of the Graham Number of ONEOK Inc over the last few years. It is ONEOK's Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ONEOK's overall financial position and show how it may be relating to other accounts over time.
Graham Number10 Years Trend
Slightly volatile
   Graham Number   
       Timeline  

ONEOK Graham Number Regression Statistics

Arithmetic Mean26.32
Geometric Mean20.13
Coefficient Of Variation72.65
Mean Deviation14.19
Median21.17
Standard Deviation19.12
Sample Variance365.68
Range62.8875
R-Value0.79
Mean Square Error145.64
R-Squared0.63
Significance0.0004
Slope3.39
Total Sum of Squares5,120

ONEOK Graham Number History

2024 68.09
2023 64.84
2022 35.45
2021 31.92
2020 21.17
2019 32.36
2018 31.73

About ONEOK Financial Statements

ONEOK stakeholders use historical fundamental indicators, such as ONEOK's Graham Number, to determine how well the company is positioned to perform in the future. Although ONEOK investors may analyze each financial statement separately, they are all interrelated. For example, changes in ONEOK's assets and liabilities are reflected in the revenues and expenses on ONEOK's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ONEOK Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Graham Number 64.84  68.09 

Also Currently Popular

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.
When determining whether ONEOK Inc is a strong investment it is important to analyze ONEOK's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ONEOK's future performance. For an informed investment choice regarding ONEOK Stock, refer to the following important reports:
Check out the analysis of ONEOK Correlation against competitors.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Oil & Gas Storage & Transportation 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 ONEOK. If investors know ONEOK 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 ONEOK 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
0.192
Dividend Share
3.96
Earnings Share
4.72
Revenue Per Share
34.116
Quarterly Revenue Growth
0.199
The market value of ONEOK Inc is measured differently than its book value, which is the value of ONEOK that is recorded on the company's balance sheet. Investors also form their own opinion of ONEOK's value that differs from its market value or its book value, called intrinsic value, which is ONEOK'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 ONEOK's market value can be influenced by many factors that don't directly affect ONEOK'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 ONEOK's value and its price as these two are different measures arrived at by different means. Investors typically determine if ONEOK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ONEOK'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.