O I Glass Stock Alpha and Beta Analysis
| OI Stock | USD 12.97 0.04 0.31% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as O I Glass. It also helps investors analyze the systematic and unsystematic risks associated with investing in O I over a specified time horizon. Remember, high O I's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to O I's market risk premium analysis include:
Beta 2.12 | Alpha (0.16) | Risk 2.77 | Sharpe Ratio 0.0184 | Expected Return 0.051 |
O I Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
O I |
O I Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. O I market risk premium is the additional return an investor will receive from holding O I long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in O I. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate O I's performance over market.| α | -0.16 | β | 2.12 |
O I expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of O I's Buy-and-hold return. Our buy-and-hold chart shows how O I performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.O I Market Price Analysis
Market price analysis indicators help investors to evaluate how O I stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading O I shares will generate the highest return on investment. By understating and applying O I stock market price indicators, traders can identify O I position entry and exit signals to maximize returns.
O I Return and Market Media
The median price of O I for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 12.8 with a coefficient of variation of 4.03. The daily time series for the period is distributed with a sample standard deviation of 0.51, arithmetic mean of 12.66, and mean deviation of 0.4. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Moyano Currarino of 3152 shares of O I subject to Rule 16b-3 | 08/30/2024 |
2 | O-I Glass Inc Trading Down 3.7 percent on Sep 11 | 09/11/2024 |
3 | Acquisition by Catherine Slater of 10802 shares of O I subject to Rule 16b-3 | 09/13/2024 |
4 | Insider Trading | 10/01/2024 |
5 | Is OI Glass Stock Undervalued Right Now | 10/16/2024 |
6 | This Illumina Analyst Turns Bullish Here Are Top 5 Upgrades For Thursday | 10/17/2024 |
7 | Glass Manufacturing Market to Reach USD 210.1 Billion by 2032 Driven by Rising Spending on Residential and Commercial Construction Report by SNS Insider | 10/21/2024 |
8 | O-I Glass Q3 2024 Earnings Preview | 10/28/2024 |
9 | O-I Glass slides after swinging to Q3 loss, cutting full-year guidance | 10/29/2024 |
10 | O-I Glass Inc Shares Down 5.06 percent on Oct 30 | 10/30/2024 |
11 | O-I Glass Third Quarter 2024 Earnings Misses Expectations | 10/31/2024 |
12 | O-I Glass Issues Earnings Results, Misses Estimates By 0.08 EPS | 11/01/2024 |
13 | Acquisition by Randolph Burns of 13000 shares of O I at 11.3802 subject to Rule 16b-3 | 11/04/2024 |
14 | Is O-I Glass The Hidden Gem in Sustainable Packaging Stocks | 11/08/2024 |
15 | COOPER CREEK PARTNERS MANAGEMENT LLC Increases Stake in Genius Sports Ltd | 11/20/2024 |
About O I Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including O I or other stocks. Alpha measures the amount that position in O I Glass has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.00493 | 0.004684 | Price To Sales Ratio | 0.36 | 0.56 |
O I Upcoming Company Events
As portrayed in its financial statements, the presentation of O I's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, O I's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of O I's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of O I. Please utilize our Beneish M Score to check the likelihood of O I's management manipulating its earnings.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out O I Backtesting, O I Valuation, O I Correlation, O I Hype Analysis, O I Volatility, O I History and analyze O I Performance. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
O I 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.