Onity Group Stock Performance
| ONIT Stock | 30.89 0.10 0.32% |
Onity has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of 1.02, which implies a somewhat significant risk relative to the market. Onity returns are very sensitive to returns on the market. As the market goes up or down, Onity is expected to follow. Onity Group right now holds a risk of 2.97%. Please check Onity Group downside variance, and the relationship between the sortino ratio and accumulation distribution , to decide if Onity Group will be following its historical price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Onity Group are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable forward indicators, Onity is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Actual Historical Performance (%)
One Day Return 0.81 | Five Day Return 1.77 | Year To Date Return 25.92 | Ten Year Return 25.92 | All Time Return 25.92 |
Last Split Factor 1:15 | Dividend Date 2020-08-14 | Ex Dividend Date 1999-08-26 | Last Split Date 2020-08-14 |
1 | Comparing Onity Group Nuveen Churchill Direct Lending | 10/15/2024 |
2 | Acquisition by Glen Messina of 14349 shares of Onity subject to Rule 16b-3 | 10/18/2024 |
3 | Onity plans to issue 475M senior notes | 10/21/2024 |
4 | Earnings call Altisource reports growth amid market challenges | 10/25/2024 |
5 | Ocwen Financial Q3 2024 Earnings Preview | 11/04/2024 |
6 | Ocwen Financial GAAP EPS of 2.65 beats by 1.05, revenue of 265.7M beats by 7.3M | 11/05/2024 |
7 | Onity Group Announces Closing of 500 Million of Senior Notes Due 2029 | 11/06/2024 |
8 | 3 Stocks to Buy From Prospering Mortgage Related Services Industry | 11/13/2024 |
9 | Onity Group EPS without NRI 1.31 - GuruFocus.com | 11/20/2024 |
| Begin Period Cash Flow | 274.2 M |
Onity |
Onity Relative Risk vs. Return Landscape
If you would invest 3,003 in Onity Group on August 24, 2024 and sell it today you would earn a total of 86.00 from holding Onity Group or generate 2.86% return on investment over 90 days. Onity Group is currently generating 0.0842% in daily expected returns and assumes 2.9672% risk (volatility on return distribution) over the 90 days horizon. In different words, 26% of stocks are less volatile than Onity, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Onity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Onity's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Onity Group, and traders can use it to determine the average amount a Onity'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 = 0.0284
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | ONIT | High Risk | Huge Risk |
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Estimated Market Risk
| 2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.08 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.
Onity Fundamentals Growth
Onity Stock prices reflect investors' perceptions of the future prospects and financial health of Onity, and Onity 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 Onity Stock performance.
| Return On Equity | 0.0036 | |||
| Return On Asset | 0.0283 | |||
| Profit Margin | 0 % | |||
| Operating Margin | 0.58 % | |||
| Current Valuation | 11.55 B | |||
| Shares Outstanding | 7.85 M | |||
| Price To Book | 0.52 X | |||
| Price To Sales | 0.23 X | |||
| Revenue | 1.14 B | |||
| EBITDA | 666.6 M | |||
| Net Income | (63.7 M) | |||
| Total Debt | 10.93 B | |||
| Book Value Per Share | 56.88 X | |||
| Cash Flow From Operations | 10.4 M | |||
| Market Capitalization | 232.14 M | |||
| Total Asset | 12.51 B | |||
| Retained Earnings | (151.6 M) | |||
| Working Capital | 9.57 B | |||
About Onity Performance
Assessing Onity's fundamental ratios provides investors with valuable insights into Onity's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Onity is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 441.31 | 463.38 | |
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.16) | (0.15) |
Things to note about Onity Group performance evaluation
Checking the ongoing alerts about Onity for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Onity Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Onity Group has high likelihood to experience some financial distress in the next 2 years | |
| Onity Group was previously known as Ocwen Financial and was traded on New York Stock Exchange under the symbol OCN. | |
| The company reported the previous year's revenue of 1.14 B. Net Loss for the year was (63.7 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 21.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Onity Group EPS without NRI 1.31 - GuruFocus.com |
- Analyzing Onity'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 Onity's stock is overvalued or undervalued compared to its peers.
- Examining Onity'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 Onity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Onity's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Onity's stock. These opinions can provide insight into Onity's potential for growth and whether the stock is currently undervalued or overvalued.
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.