Oceaneering International Stock Forecast - Price Action Indicator

OII Stock  USD 28.81  0.84  3.00%   
Oceaneering Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Oceaneering International's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Oceaneering International's Asset Turnover is decreasing as compared to previous years. . The Oceaneering International's current Common Stock Shares Outstanding is estimated to increase to about 107.9 M, while Net Income Applicable To Common Shares is projected to decrease to under 23 M.
Oceaneering International has current Price Action Indicator of 1.19. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Oceaneering International Trading Date Momentum

On November 21 2024 Oceaneering International was traded for  28.81  at the closing time. Highest Oceaneering International's price during the trading hours was 28.81  and the lowest price during the day was  27.26 . There was no trading activity during the period 0.0. Lack of trading volume on the 21st of November did not cause price change. The trading delta at closing time to current price is 2.92% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Oceaneering International

For every potential investor in Oceaneering, whether a beginner or expert, Oceaneering International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Oceaneering Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Oceaneering. Basic forecasting techniques help filter out the noise by identifying Oceaneering International's price trends.

Oceaneering International Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Oceaneering International stock to make a market-neutral strategy. Peer analysis of Oceaneering International could also be used in its relative valuation, which is a method of valuing Oceaneering International by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Oceaneering International Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Oceaneering International's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Oceaneering International's current price.

Oceaneering International Market Strength Events

Market strength indicators help investors to evaluate how Oceaneering International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oceaneering International shares will generate the highest return on investment. By undertsting and applying Oceaneering International stock market strength indicators, traders can identify Oceaneering International entry and exit signals to maximize returns.

Oceaneering International Risk Indicators

The analysis of Oceaneering International's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Oceaneering International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting oceaneering stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether Oceaneering International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oceaneering International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oceaneering International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oceaneering International Stock:
Check out Historical Fundamental Analysis of Oceaneering International to cross-verify your projections.
For more detail on how to invest in Oceaneering Stock please use our How to Invest in Oceaneering International guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Oil & Gas Equipment & Services 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 Oceaneering International. If investors know Oceaneering 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 Oceaneering International 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
0.379
Earnings Share
1.32
Revenue Per Share
25.723
Quarterly Revenue Growth
0.07
Return On Assets
0.0578
The market value of Oceaneering International is measured differently than its book value, which is the value of Oceaneering that is recorded on the company's balance sheet. Investors also form their own opinion of Oceaneering International's value that differs from its market value or its book value, called intrinsic value, which is Oceaneering International'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 Oceaneering International's market value can be influenced by many factors that don't directly affect Oceaneering International'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 Oceaneering International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oceaneering International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceaneering International'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.