Oblong Inc Stock Price on November 15, 2024
| OBLG Stock | USD 3.39 0.10 3.04% |
Below is the normalized historical share price chart for Oblong Inc extending back to June 16, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Oblong stands at 3.39, as last reported on the 25th of November, with the highest price reaching 3.45 and the lowest price hitting 3.13 during the day.
If you're considering investing in Oblong Stock, it is important to understand the factors that can impact its price. Oblong appears to be extremely dangerous, given 3 months investment horizon. Oblong Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.0462, which implies the firm had a 0.0462% return per unit of risk over the last 3 months. By analyzing Oblong's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please evaluate Oblong's Semi Deviation of 8.49, coefficient of variation of 2039.16, and Risk Adjusted Performance of 0.0471 to confirm if our risk estimates are consistent with your expectations.
At this time, Oblong's Common Stock is most likely to decrease significantly in the upcoming years. The Oblong's current Preferred Stock And Other Adjustments is estimated to increase to about 972 K, while Other Stockholder Equity is projected to decrease to roughly 156.2 M. . At this time, Oblong's Price Fair Value is most likely to drop in the upcoming years. Oblong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of June 1995 | 200 Day MA 5.5453 | 50 Day MA 3.926 | Beta 3.212 |
Oblong |
Sharpe Ratio = 0.0462
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Estimated Market Risk
| 13.93 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Oblong is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Oblong by adding it to a well-diversified portfolio.
Price Book 0.8309 | Enterprise Value Ebitda 0.0234 | Price Sales 1.4068 | Shares Float 1.1 M | Wall Street Target Price 15 |
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Oblong Valuation on November 15, 2024
It is possible to determine the worth of Oblong on a given historical date. On November 15, 2024 Oblong was worth 3.94 at the beginning of the trading date compared to the closed value of 3.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oblong stock. Still, in general, we apply an absolute valuation method to find Oblong's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Oblong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oblong's related companies.
| Open | High | Low | Close | Volume | |
| 3.90 | 4.07 | 3.88 | 4.03 | 18,389 | |
11/15/2024 | 3.94 | 3.97 | 3.56 | 3.77 | 33,842 |
| 3.71 | 3.73 | 2.96 | 2.97 | 74,826 |
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Oblong Trading Date Momentum on November 15, 2024
| On November 18 2024 Oblong Inc was traded for 2.97 at the closing time. The top price for the day was 3.73 and the lowest listed price was 2.96 . The trading volume for the day was 74.8 K. The trading history from November 18, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 21.22% . The trading delta at closing time against the current closing price is 15.12% . |
Oblong Inc Fundamentals Correlations and Trends
By evaluating Oblong's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Oblong's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oblong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oblong Stock history
Oblong investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Oblong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oblong Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Oblong stock prices may prove useful in developing a viable investing in Oblong
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 139.9 K | 146.9 K | |
| Net Loss | -19.7 M | -18.8 M |
Oblong Stock Technical Analysis
Oblong technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Oblong Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Oblong Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Oblong November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Oblong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oblong shares will generate the highest return on investment. By undertsting and applying Oblong stock market strength indicators, traders can identify Oblong Inc entry and exit signals to maximize returns
Oblong Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oblong's price direction in advance. Along with the technical and fundamental analysis of Oblong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oblong to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0471 | |||
| Jensen Alpha | 0.3762 | |||
| Total Risk Alpha | (1.51) | |||
| Sortino Ratio | 0.0597 | |||
| Treynor Ratio | 0.2761 |
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Complementary Tools for Oblong Stock analysis
When running Oblong's price analysis, check to measure Oblong'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 Oblong is operating at the current time. Most of Oblong's value examination focuses on studying past and present price action to predict the probability of Oblong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oblong's price. Additionally, you may evaluate how the addition of Oblong to your portfolios can decrease your overall portfolio volatility.
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