Olin Stock Forecast - Market Risk Adjusted Performance
| OLN Stock | USD 42.81 0.79 1.88% |
Olin Stock Forecast is based on your current time horizon. Although Olin's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Olin's systematic risk associated with finding meaningful patterns of Olin fundamentals over time.
Olin |
| Check Olin Volatility | Backtest Olin | Information Ratio |
Olin Trading Date Momentum
| On November 22 2024 Olin Corporation was traded for 42.81 at the closing time. Highest Olin's price during the trading hours was 42.81 and the lowest price during the day was 40.74 . There was no trading activity during the period 0.0. Lack of trading volume on the 22nd of November did not cause price change. The trading delta at closing time to current price is 1.85% . |
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Other Forecasting Options for Olin
For every potential investor in Olin, whether a beginner or expert, Olin's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Olin Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Olin. Basic forecasting techniques help filter out the noise by identifying Olin's price trends.Olin 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 Olin stock to make a market-neutral strategy. Peer analysis of Olin could also be used in its relative valuation, which is a method of valuing Olin by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Olin 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 Olin'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 Olin's current price.| Cycle Indicators | ||
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Olin Market Strength Events
Market strength indicators help investors to evaluate how Olin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Olin shares will generate the highest return on investment. By undertsting and applying Olin stock market strength indicators, traders can identify Olin Corporation entry and exit signals to maximize returns.
Olin Risk Indicators
The analysis of Olin'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 Olin's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting olin 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.
| Mean Deviation | 1.57 | |||
| Standard Deviation | 2.21 | |||
| Variance | 4.91 |
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.
Pair Trading with Olin
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Olin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Olin will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Olin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Olin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Olin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Olin Corporation to buy it.
The correlation of Olin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Olin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Olin moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Olin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Olin to cross-verify your projections. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Commodity Chemicals 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 Olin. If investors know Olin 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 Olin 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 (0.45) | Dividend Share 0.8 | Earnings Share 1.26 | Revenue Per Share 54.448 | Quarterly Revenue Growth (0.05) |
The market value of Olin is measured differently than its book value, which is the value of Olin that is recorded on the company's balance sheet. Investors also form their own opinion of Olin's value that differs from its market value or its book value, called intrinsic value, which is Olin'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 Olin's market value can be influenced by many factors that don't directly affect Olin'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 Olin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olin'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.