Owens Corning Stock Statistic Functions Beta

OC Stock  USD 120.57  0.64  0.53%   
Owens Corning statistic functions tool provides the execution environment for running the Beta function and other technical functions against Owens Corning. Owens Corning value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Owens Corning statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Owens Corning correlated with the market. If Beta is less than 0 Owens Corning generally moves in the opposite direction as compared to the market. If Owens Corning Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Owens Corning is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Owens Corning is generally in the same direction as the market. If Beta > 1 Owens Corning moves generally in the same direction as, but more than the movement of the benchmark.

Owens Corning Technical Analysis Modules

Most technical analysis of Owens Corning help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Owens from various momentum indicators to cycle indicators. When you analyze Owens charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Owens Corning Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Owens Corning. We use our internally-developed statistical techniques to arrive at the intrinsic value of Owens Corning based on widely used predictive technical indicators. In general, we focus on analyzing Owens Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Owens Corning's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Owens Corning's intrinsic value. In addition to deriving basic predictive indicators for Owens Corning, we also check how macroeconomic factors affect Owens Corning price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 2026 (projected)
Dividend Yield0.01410.0140.00968
Price To Sales Ratio1.381.351.28
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Owens Corning's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
118.22120.57122.92
Details
Intrinsic
Valuation
LowRealHigh
104.96107.31132.63
Details
Naive
Forecast
LowNextHigh
112.16114.51116.86
Details
18 Analysts
Consensus
LowTargetHigh
124.78137.12152.21
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Owens Corning in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Owens Corning's short interest history, or implied volatility extrapolated from Owens Corning options trading.

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owens Corning. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Will Building Products sector continue expanding? Could Owens diversify its offerings? Factors like these will boost the valuation of Owens Corning. Anticipated expansion of Owens directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Owens Corning data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.312
Dividend Share
2.76
Earnings Share
(0.86)
Revenue Per Share
137.124
Quarterly Revenue Growth
(0.03)
Understanding Owens Corning requires distinguishing between market price and book value, where the latter reflects Owens's accounting equity. The concept of intrinsic value—what Owens Corning's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Owens Corning's price substantially above or below its fundamental value.
It's important to distinguish between Owens Corning's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Owens Corning should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Owens Corning's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.