O I Glass Stock Price Prediction

OI Stock  USD 12.93  0.08  0.62%   
As of 22nd of November 2024, The relative strength index (RSI) of O I's share price is at 54. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling O I, making its price go up or down.

Oversold Vs Overbought

54

 
Oversold
 
Overbought
The successful prediction of O I's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with O I Glass, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting O I's stock price prediction:
Quarterly Earnings Growth
(0.48)
EPS Estimate Next Quarter
0.2
EPS Estimate Current Year
0.7863
EPS Estimate Next Year
1.4918
Wall Street Target Price
15.7
Using O I hype-based prediction, you can estimate the value of O I Glass from the perspective of O I response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in O I to buy its stock at a price that has no basis in reality. In that case, they are not buying O I because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

O I after-hype prediction price

    
  USD 12.85  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out O I Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
11.5715.7518.50
Details
Naive
Forecast
LowNextHigh
9.7812.5315.28
Details
10 Analysts
Consensus
LowTargetHigh
22.5224.7527.47
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.180.200.21
Details

O I After-Hype Price Prediction Density Analysis

As far as predicting the price of O I at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in O I or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of O I, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

O I Estimiated After-Hype Price Volatility

In the context of predicting O I's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on O I's historical news coverage. O I's after-hype downside and upside margins for the prediction period are 10.10 and 15.60, respectively. We have considered O I's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
12.93
12.85
After-hype Price
15.60
Upside
O I is not too volatile at this time. Analysis and calculation of next after-hype price of O I Glass is based on 3 months time horizon.

O I Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as O I is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading O I backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with O I, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.03 
2.75
 0.00  
 0.00  
11 Events / Month
5 Events / Month
In about 11 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
12.93
12.85
0.00 
2,115  
Notes

O I Hype Timeline

As of November 22, 2024 O I Glass is listed for 12.93. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. O I is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at 0.03%. %. The volatility of related hype on O I is about 3928.57%, with the expected price after the next announcement by competition of 12.93. About 96.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.44. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. O I Glass has Price/Earnings To Growth (PEG) ratio of 0.83. The entity recorded a loss per share of 2.73. The firm last dividend was issued on the 27th of February 2020. Allowing for the 90-day total investment horizon the next forecasted press release will be in about 11 days.
Check out O I Basic Forecasting Models to cross-verify your projections.

O I Related Hype Analysis

Having access to credible news sources related to O I's direct competition is more important than ever and may enhance your ability to predict O I's future price movements. Getting to know how O I's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how O I may potentially react to the hype associated with one of its peers.

O I Additional Predictive Modules

Most predictive techniques to examine O I price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for O I using various technical indicators. When you analyze O I charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About O I Predictive Indicators

The successful prediction of O I stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as O I Glass, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of O I based on analysis of O I hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to O I's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to O I's related companies.
 2023 2024 (projected)
Dividend Yield0.004930.004684
Price To Sales Ratio0.360.56

Story Coverage note for O I

The number of cover stories for O I depends on current market conditions and O I's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that O I is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about O I's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

O I Short Properties

O I's future price predictability will typically decrease when O I's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of O I Glass often depends not only on the future outlook of the potential O I's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. O I's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding154.7 M
Cash And Short Term Investments913 M

Complementary Tools for O I Stock analysis

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