Owens Corning Stock Performance
| OC Stock | USD 197.58 3.46 1.78% |
On a scale of 0 to 100, Owens Corning holds a performance score of 10. The company holds a Beta of 1.18, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Owens Corning will likely underperform. Please check Owens Corning's jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Owens Corning's historical price patterns will revert.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Owens Corning are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of rather uncertain fundamental indicators, Owens Corning exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 2.05 | Five Day Return 1.91 | Year To Date Return 33.15 | Ten Year Return 445.7 | All Time Return 640.52 |
Forward Dividend Yield 0.0124 | Payout Ratio 0.1517 | Forward Dividend Rate 2.4 | Dividend Date 2024-11-04 | Ex Dividend Date 2024-10-18 |
1 | Disposition of 213 shares by Ball Christopher O of Owens Corning at 157.15 subject to Rule 16b-3 | 09/06/2024 |
2 | Owens Corning Inc is Attracting Investor Attention Here is What You Should Know | 09/16/2024 |
3 | Owens Cornings investors will be pleased with their strong 221 percent return over the last five years | 10/08/2024 |
4 | Disposition of 101 shares by Mendez-andino Jose of Owens Corning at 151.67 subject to Rule 16b-3 | 10/18/2024 |
5 | Owens Corning Rating Increased to Buy at StockNews.com | 10/25/2024 |
| Owens Corning dividend paid on 4th of November 2024 | 11/04/2024 |
6 | Owens Corning Delivers Net Sales of 3.0 Billion Generates Net Earnings of 321 Million and Adjusted EBIT of 582 Million | 11/06/2024 |
7 | Owens-Corning Inc Q3 2024 Earnings Call Highlights Strong Margins Amid Market Challenges | 11/07/2024 |
8 | Owens Corning Sets New 52-Week High Following Analyst Upgrade | 11/08/2024 |
9 | Owens Corning Upgraded by StockNews.com to Buy Rating | 11/13/2024 |
10 | Heres Why Owens Corning is a Strong Value Stock | 11/15/2024 |
11 | HABITAT FOR HUMANITY OC CELEBRATES INAUGURAL KEYS TO 100 GALA | 11/20/2024 |
| Begin Period Cash Flow | 1.1 B |
Owens |
Owens Corning Relative Risk vs. Return Landscape
If you would invest 17,086 in Owens Corning on August 24, 2024 and sell it today you would earn a total of 2,672 from holding Owens Corning or generate 15.64% return on investment over 90 days. Owens Corning is generating 0.2469% of daily returns and assumes 1.8028% volatility on return distribution over the 90 days horizon. Put differently, 16% of stocks are less risky than Owens on the basis of their historical return distribution, and some 96% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Owens Corning Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Owens Corning's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Owens Corning, and traders can use it to determine the average amount a Owens Corning's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1369
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| Small Returns | OC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.8 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Owens Corning is performing at about 10% 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 Owens Corning by adding it to a well-diversified portfolio.
Owens Corning Fundamentals Growth
Owens Stock prices reflect investors' perceptions of the future prospects and financial health of Owens Corning, and Owens Corning fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Owens Stock performance.
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0867 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 22.11 B | ||||
| Shares Outstanding | 85.78 M | ||||
| Price To Earning | 13.22 X | ||||
| Price To Book | 2.96 X | ||||
| Price To Sales | 1.60 X | ||||
| Revenue | 9.68 B | ||||
| Gross Profit | 2.66 B | ||||
| EBITDA | 2.17 B | ||||
| Net Income | 1.19 B | ||||
| Cash And Equivalents | 1.1 B | ||||
| Cash Per Share | 7.80 X | ||||
| Total Debt | 3.27 B | ||||
| Debt To Equity | 0.68 % | ||||
| Current Ratio | 1.77 X | ||||
| Book Value Per Share | 65.54 X | ||||
| Cash Flow From Operations | 1.72 B | ||||
| Earnings Per Share | 11.78 X | ||||
| Market Capitalization | 16.65 B | ||||
| Total Asset | 11.24 B | ||||
| Retained Earnings | 4.79 B | ||||
| Working Capital | 1.59 B | ||||
| Current Asset | 1.51 B | ||||
| Current Liabilities | 1.08 B | ||||
About Owens Corning Performance
By analyzing Owens Corning's fundamental ratios, stakeholders can gain valuable insights into Owens Corning's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Owens Corning has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Owens Corning has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 62.52 | 47.09 | |
| Return On Tangible Assets | 0.14 | 0.15 | |
| Return On Capital Employed | 0.20 | 0.21 | |
| Return On Assets | 0.11 | 0.11 | |
| Return On Equity | 0.23 | 0.24 |
Things to note about Owens Corning performance evaluation
Checking the ongoing alerts about Owens Corning for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Owens Corning help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Owens Corning has a strong financial position based on the latest SEC filings | |
| Over 97.0% of the company shares are owned by institutional investors | |
| On 4th of November 2024 Owens Corning paid $ 0.6 per share dividend to its current shareholders | |
| Latest headline from prnewswire.com: HABITAT FOR HUMANITY OC CELEBRATES INAUGURAL KEYS TO 100 GALA |
- Analyzing Owens Corning's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Owens Corning's stock is overvalued or undervalued compared to its peers.
- Examining Owens Corning's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Owens Corning's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Owens Corning's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Owens Corning's stock. These opinions can provide insight into Owens Corning's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Owens Stock analysis
When running Owens Corning's price analysis, check to measure Owens Corning'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 Owens Corning is operating at the current time. Most of Owens Corning's value examination focuses on studying past and present price action to predict the probability of Owens Corning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owens Corning's price. Additionally, you may evaluate how the addition of Owens Corning to your portfolios can decrease your overall portfolio volatility.
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