Owens Minor Stock Market Value

OMI Stock  USD 14.60  0.32  2.14%   
Owens Minor's market value is the price at which a share of Owens Minor trades on a public exchange. It measures the collective expectations of Owens Minor investors about its performance. Owens Minor is trading at 14.60 as of the 30th of January 2025. This is a 2.14 percent decrease since the beginning of the trading day. The stock's open price was 14.92.
With this module, you can estimate the performance of a buy and hold strategy of Owens Minor and determine expected loss or profit from investing in Owens Minor over a given investment horizon. Check out Owens Minor Correlation, Owens Minor Volatility and Owens Minor Alpha and Beta module to complement your research on Owens Minor.
For more detail on how to invest in Owens Stock please use our How to Invest in Owens Minor guide.
Symbol

Owens Minor Price To Book Ratio

Is Health Care Providers & Services 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 Owens Minor. If investors know Owens 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 Owens Minor 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
(0.72)
Earnings Share
(0.63)
Revenue Per Share
139.342
Quarterly Revenue Growth
0.05
Return On Assets
0.0402
The market value of Owens Minor is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Minor's value that differs from its market value or its book value, called intrinsic value, which is Owens Minor'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 Owens Minor's market value can be influenced by many factors that don't directly affect Owens Minor'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 Owens Minor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owens Minor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Minor'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.

Owens Minor 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Owens Minor's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Owens Minor.
0.00
12/31/2024
No Change 0.00  0.0 
In 31 days
01/30/2025
0.00
If you would invest  0.00  in Owens Minor on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding Owens Minor or generate 0.0% return on investment in Owens Minor over 30 days. Owens Minor is related to or competes with Henry Schein, Cardinal Health, Zynex, Patterson Companies, and McKesson. Owens Minor, Inc., together with its subsidiaries, operates as a healthcare solutions company in the United States and i... More

Owens Minor Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Owens Minor's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Owens Minor upside and downside potential and time the market with a certain degree of confidence.

Owens Minor Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Owens Minor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Owens Minor's standard deviation. In reality, there are many statistical measures that can use Owens Minor historical prices to predict the future Owens Minor's volatility.
Hype
Prediction
LowEstimatedHigh
10.9714.7418.51
Details
Intrinsic
Valuation
LowRealHigh
10.3814.1517.92
Details
Naive
Forecast
LowNextHigh
10.4214.2017.97
Details
6 Analysts
Consensus
LowTargetHigh
15.0216.5018.32
Details

Owens Minor Backtested Returns

Owens Minor appears to be somewhat reliable, given 3 months investment horizon. Owens Minor maintains Sharpe Ratio (i.e., Efficiency) of 0.0574, which implies the firm had a 0.0574 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Owens Minor, which you can use to evaluate the volatility of the company. Please evaluate Owens Minor's Semi Deviation of 3.31, coefficient of variation of 1484.97, and Risk Adjusted Performance of 0.0643 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Owens Minor holds a performance score of 4. The company holds a Beta of -0.0057, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Owens Minor are expected to decrease at a much lower rate. During the bear market, Owens Minor is likely to outperform the market. Please check Owens Minor's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Owens Minor's historical price patterns will revert.

Auto-correlation

    
  0.62  

Good predictability

Owens Minor has good predictability. Overlapping area represents the amount of predictability between Owens Minor time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Owens Minor price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Owens Minor price fluctuation can be explain by its past prices.
Correlation Coefficient0.62
Spearman Rank Test0.45
Residual Average0.0
Price Variance0.03

Owens Minor lagged returns against current returns

Autocorrelation, which is Owens Minor stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Owens Minor's stock expected returns. We can calculate the autocorrelation of Owens Minor returns to help us make a trade decision. For example, suppose you find that Owens Minor has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Owens Minor regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Owens Minor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Owens Minor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Owens Minor stock over time.
   Current vs Lagged Prices   
       Timeline  

Owens Minor Lagged Returns

When evaluating Owens Minor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Owens Minor stock have on its future price. Owens Minor autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Owens Minor autocorrelation shows the relationship between Owens Minor stock current value and its past values and can show if there is a momentum factor associated with investing in Owens Minor.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

When determining whether Owens Minor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Owens Minor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Owens Minor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Owens Minor Stock:
Check out Owens Minor Correlation, Owens Minor Volatility and Owens Minor Alpha and Beta module to complement your research on Owens Minor.
For more detail on how to invest in Owens Stock please use our How to Invest in Owens Minor guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Owens Minor 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 Owens Minor technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Owens Minor 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...