ONEOK (UK) Buy Hold or Sell Recommendation
| 0KCI Stock | 99.85 1.61 1.64% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding ONEOK Inc is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell ONEOK Inc given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for ONEOK Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out ONEOK Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as ONEOK and provide practical buy, sell, or hold advice based on investors' constraints. ONEOK Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
ONEOK |
Execute ONEOK Buy or Sell Advice
The ONEOK recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ONEOK Inc. Macroaxis does not own or have any residual interests in ONEOK Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ONEOK's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
ONEOK Trading Alerts and Improvement Suggestions
| ONEOK Inc is unlikely to experience financial distress in the next 2 years | |
| About 72.0% of the company shares are owned by institutions such as pension funds | |
| Latest headline from news.google.com: Arvest Bank Trust Division Acquires New Stake in ONEOK, Inc. - MarketBeat |
ONEOK Returns Distribution Density
The distribution of ONEOK's historical returns is an attempt to chart the uncertainty of ONEOK's future price movements. The chart of the probability distribution of ONEOK daily returns describes the distribution of returns around its average expected value. We use ONEOK Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ONEOK returns is essential to provide solid investment advice for ONEOK.
| Mean Return | 0.13 | Value At Risk | -3.32 | Potential Upside | 2.81 | Standard Deviation | 1.97 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ONEOK historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
ONEOK Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (10.2M) | 172.3M | (105.0M) | (62.1M) | 118M | 123.9M | |
| Change In Cash | 9.0M | 503.5M | (378.1M) | 73.8M | 118M | 123.9M | |
| Free Cash Flow | (1.9B) | (296.3M) | 1.8B | 1.7B | 2.8B | 3.0B | |
| Other Non Cash Items | 175.0M | 507.2M | 1.1B | 654.2M | (194M) | (184.3M) | |
| Dividends Paid | 1.5B | 1.6B | 1.7B | 1.7B | (1.8B) | (1.7B) | |
| Capital Expenditures | 3.8B | 2.2B | 696.9M | 1.2B | 1.6B | 1.0B | |
| Net Income | 1.3B | 612.8M | 1.5B | 1.7B | 2.7B | 2.8B | |
| End Period Cash Flow | 21.0M | 524.5M | 146.4M | 220.2M | 338M | 354.9M | |
| Depreciation | 476.5M | 578.7M | 621.7M | 626.1M | 769M | 807.5M | |
| Investments | 94.2M | 31.8M | 19.4M | 20.3M | 23.3M | 24.4M | |
| Net Borrowings | 3.3B | 1.6B | (604.9M) | (26.4M) | (23.8M) | (22.6M) | |
| Change To Netincome | 355.6M | 868.1M | 566.6M | 554.2M | 637.3M | 634.0M |
ONEOK Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ONEOK or Commercial Services & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ONEOK's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ONEOK stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 1.97 | |
Ir | Information ratio | 0.05 |
ONEOK Volatility Alert
ONEOK Inc currently demonstrates below-average downside deviation. It has Information Ratio of 0.05 and Jensen Alpha of 0.11. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ONEOK's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ONEOK's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.ONEOK Fundamentals Vs Peers
Comparing ONEOK's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ONEOK's direct or indirect competition across all of the common fundamentals between ONEOK and the related equities. This way, we can detect undervalued stocks with similar characteristics as ONEOK or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ONEOK's fundamental indicators could also be used in its relative valuation, which is a method of valuing ONEOK by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ONEOK to competition |
| Fundamentals | ONEOK | Peer Average |
| Return On Equity | 0.17 | -0.31 |
| Return On Asset | 0.06 | -0.14 |
| Profit Margin | 0.14 % | (1.27) % |
| Operating Margin | 0.23 % | (5.51) % |
| Current Valuation | 85.87 B | 16.62 B |
| Shares Outstanding | 411.36 M | 571.82 M |
| Shares Owned By Insiders | 0.20 % | 10.09 % |
| Shares Owned By Institutions | 71.64 % | 39.21 % |
| Price To Sales | 2.10 X | 11.42 X |
| Revenue | 17.68 B | 9.43 B |
| Gross Profit | 4.48 B | 27.38 B |
| EBITDA | 5.11 B | 3.9 B |
| Net Income | 2.66 B | 570.98 M |
| Total Debt | 21.76 B | 5.32 B |
| Book Value Per Share | 28.91 X | 1.93 K |
| Cash Flow From Operations | 4.42 B | 971.22 M |
| Earnings Per Share | 3.36 X | 3.12 X |
| Number Of Employees | 4.78 K | 18.84 K |
| Beta | 1.63 | -0.15 |
| Market Capitalization | 4.18 T | 19.03 B |
| Total Asset | 44.27 B | 29.47 B |
| Retained Earnings | 868 M | 9.33 B |
| Net Asset | 44.27 B | |
| Last Dividend Paid | 3.96 |
ONEOK Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ONEOK . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About ONEOK Buy or Sell Advice
When is the right time to buy or sell ONEOK Inc? Buying financial instruments such as ONEOK Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having ONEOK in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Coal Thematic Idea Now
Coal
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Coal theme has 13 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Coal Theme or any other thematic opportunities.
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Additional Tools for ONEOK Stock Analysis
When running ONEOK's price analysis, check to measure ONEOK'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 ONEOK is operating at the current time. Most of ONEOK's value examination focuses on studying past and present price action to predict the probability of ONEOK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ONEOK's price. Additionally, you may evaluate how the addition of ONEOK to your portfolios can decrease your overall portfolio volatility.