Onity Group Stock Price on June 17, 2024

ONIT Stock   30.86  0.10  0.32%   
Below is the normalized historical share price chart for Onity Group extending back to September 25, 1996. 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 Onity stands at 30.86, as last reported on the 26th of November, with the highest price reaching 31.12 and the lowest price hitting 30.68 during the day.
IPO Date
25th of September 1996
200 Day MA
26.5457
50 Day MA
26.9786
Beta
1.839
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Onity Stock, it is important to understand the factors that can impact its price. Currently, Onity Group is very steady. Onity Group maintains Sharpe Ratio (i.e., Efficiency) of 0.0307, which implies the firm had a 0.0307% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Onity Group, which you can use to evaluate the volatility of the company. Please check Onity's Risk Adjusted Performance of 0.0334, coefficient of variation of 2942.87, and Semi Deviation of 1.6 to confirm if the risk estimate we provide is consistent with the expected return of 0.091%.
  
At this time, Onity's Sale Purchase Of Stock is comparatively stable compared to the past year. Stock Based Compensation To Revenue is likely to gain to 0.01 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 381.7 M in 2024. . At this time, Onity's Price Book Value Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 19.00 in 2024, whereas Price Earnings To Growth Ratio is likely to drop 0.01 in 2024. Onity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0307

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskONITHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.97
  actual daily
26
74% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Onity is performing at about 2% 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 Onity by adding it to a well-diversified portfolio.
Price Book
0.5202
Enterprise Value Ebitda
46.64
Price Sales
0.228
Shares Float
5.9 M
Wall Street Target Price
41.67

Related Headline

JBG SMITH Headline on 17th of June 2024

Filed transaction by JBG SMITH Properties Officer: Chief Strategy Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Onity Valuation on June 17, 2024

It is possible to determine the worth of Onity on a given historical date. On June 17, 2024 Onity was worth 24.14 at the beginning of the trading date compared to the closed value of 24.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Onity stock. Still, in general, we apply an absolute valuation method to find Onity'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 Onity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Onity's related companies.
 Open High Low Close Volume
  24.15    24.15    23.52    23.78    8,800  
06/17/2024
  24.14    24.21    23.69    24.21    6,100  
  24.22    24.27    23.51    23.51    12,451  
Backtest Onity  |  Onity History  |  Onity Valuation   PreviousNext  
Open Value
24.14
24.21
Closing Value
33.04
Upside

Onity Trading Date Momentum on June 17, 2024

On June 18 2024 Onity Group was traded for  23.51  at the closing time. The top price for the day was 24.27  and the lowest listed price was  23.51 . The trading volume for the day was 12.5 K. The trading history from June 18, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.89% . The trading delta at closing time against the current closing price is 5.00% .

Onity Group Fundamentals Correlations and Trends

By evaluating Onity'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 Onity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Onity financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Onity Stock history

Onity 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 Onity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Onity Group 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 Onity stock prices may prove useful in developing a viable investing in Onity
Last ReportedProjected for Next Year
Common Stock Shares Outstanding7.6 M6.9 M

Onity Quarterly Net Working Capital

10.12 Billion

Onity Stock Technical Analysis

Onity 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.
A focus of Onity technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Onity trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Onity Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Onity Group 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.

Onity November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Onity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Onity shares will generate the highest return on investment. By undertsting and applying Onity stock market strength indicators, traders can identify Onity Group entry and exit signals to maximize returns

Onity Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Onity's price direction in advance. Along with the technical and fundamental analysis of Onity Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Onity 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.

Additional Tools for Onity Stock Analysis

When running Onity's price analysis, check to measure Onity'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 Onity is operating at the current time. Most of Onity's value examination focuses on studying past and present price action to predict the probability of Onity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onity's price. Additionally, you may evaluate how the addition of Onity to your portfolios can decrease your overall portfolio volatility.