Onity Group Stock Price on October 4, 2024
| ONIT Stock | 30.87 0.04 0.13% |
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 30.87, as last reported on the 30th of November, with the highest price reaching 31.08 and the lowest price hitting 30.67 during the day.
If you're considering investing in Onity Stock, it is important to understand the factors that can impact its price. Onity appears to be very steady, given 3 months investment horizon. Onity Group maintains Sharpe Ratio (i.e., Efficiency) of 0.0681, which implies the firm had a 0.0681% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Onity Group, which you can use to evaluate the volatility of the company. Please evaluate Onity's Coefficient Of Variation of 3291.33, risk adjusted performance of 0.0306, and Semi Deviation of 1.6 to confirm if our risk estimates are consistent with your expectations.
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.
IPO Date 25th of September 1996 | 200 Day MA 26.5457 | 50 Day MA 26.9786 | Beta 1.839 |
Onity |
Sharpe Ratio = 0.0681
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ONIT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Onity is performing at about 5% 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 |
Onity Valuation on October 4, 2024
It is possible to determine the worth of Onity on a given historical date. On October 4, 2024 Onity was worth 30.68 at the beginning of the trading date compared to the closed value of 30.83. 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 | |
| 31.04 | 31.04 | 29.87 | 30.03 | 35,893 | |
10/04/2024 | 30.68 | 31.30 | 30.68 | 30.83 | 15,706 |
| 32.53 | 32.61 | 29.91 | 30.75 | 35,187 |
| Backtest Onity | | | Onity History | | | Onity Valuation | Previous | Next |
Onity Trading Date Momentum on October 4, 2024
| On October 07 2024 Onity Group was traded for 30.75 at the closing time. The top price for the day was 32.61 and the lowest listed price was 29.91 . The trading volume for the day was 35.2 K. The trading history from October 7, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.26% . The trading delta at closing time against the current closing price is 2.21% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7.6 M | 6.9 M |
Onity Quarterly Net Working Capital |
|
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.
Price Boundaries
Onity Period Price Range
Low | November 30, 2024
| 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 30, 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.
| Risk Adjusted Performance | 0.0306 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0998 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.