Olin Corporation Stock Price on November 21, 2024
| OLN Stock | USD 42.87 0.85 2.02% |
Below is the normalized historical share price chart for Olin Corporation extending back to November 05, 1984. 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 Olin stands at 42.87, as last reported on the 25th of November, with the highest price reaching 42.98 and the lowest price hitting 42.07 during the day.
If you're considering investing in Olin Stock, it is important to understand the factors that can impact its price. Olin maintains Sharpe Ratio (i.e., Efficiency) of -0.0083, which implies the firm had a -0.0083% return per unit of risk over the last 3 months. Olin exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Olin's Semi Deviation of 2.1, risk adjusted performance of 0.0186, and Coefficient Of Variation of 6351.97 to confirm the risk estimate we provide.
At this time, Olin's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 25th of November 2024, Stock Based Compensation is likely to grow to about 19.5 M, while Total Stockholder Equity is likely to drop about 1.2 B. . At this time, Olin's Price To Sales Ratio is very stable compared to the past year. As of the 25th of November 2024, Price Earnings Ratio is likely to grow to 15.50, while Price Book Value Ratio is likely to drop 1.58. Olin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of December 1987 | 200 Day MA 49.0516 | 50 Day MA 44.5148 | Beta 1.423 |
Olin |
Sharpe Ratio = -0.0083
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| Negative Returns | OLN |
Estimated Market Risk
| 2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Olin is not performing at its full potential. However, 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 Olin by adding Olin to a well-diversified portfolio.
Price Book 2.4303 | Enterprise Value Ebitda 8.9054 | Price Sales 0.771 | Shares Float 116 M | Dividend Share 0.8 |
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Olin Valuation on November 21, 2024
It is possible to determine the worth of Olin on a given historical date. On November 21, 2024 Olin was worth 40.91 at the beginning of the trading date compared to the closed value of 42.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Olin stock. Still, in general, we apply an absolute valuation method to find Olin'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 Olin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Olin's related companies.
| Open | High | Low | Close | Volume | |
| 40.66 | 40.99 | 40.52 | 40.81 | 837,142 | |
11/21/2024 | 40.91 | 42.09 | 40.74 | 42.02 | 1,130,689 |
| 42.16 | 42.98 | 42.07 | 42.87 | 821,148 |
| Backtest Olin | | | Olin History | | | Olin Valuation | Previous | Next |
Olin Trading Date Momentum on November 21, 2024
| On November 22 2024 Olin Corporation was traded for 42.87 at the closing time. Highest Olin's price during the trading hours was 42.98 and the lowest price during the day was 42.07 . The net volume was 821.1 K. The overall trading history on the 22nd of November contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 2.02% . The trading delta at closing time to current price is 0.33% . |
Olin Fundamentals Correlations and Trends
By evaluating Olin'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 Olin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Olin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Olin Stock history
Olin 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 Olin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Olin 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 Olin stock prices may prove useful in developing a viable investing in Olin
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 128.8 M | 87 M | |
| Net Income Applicable To Common Shares | 1.5 B | 1.6 B |
Olin Quarterly Net Working Capital |
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Olin Stock Technical Analysis
Olin 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
Olin Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Olin Corporation cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Olin November 25, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Olin's price direction in advance. Along with the technical and fundamental analysis of Olin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Olin 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 | 0.0186 | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.014 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olin Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.