Oil States International Stock Price on April 26, 2024
| OIS Stock | USD 4.72 0.12 2.61% |
Below is the normalized historical share price chart for Oil States International extending back to February 09, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Oil States stands at 4.72, as last reported on the 18th of May 2024, with the highest price reaching 4.73 and the lowest price hitting 4.58 during the day.
If you're considering investing in Oil Stock, it is important to understand the factors that can impact its price. Oil States International maintains Sharpe Ratio (i.e., Efficiency) of -0.0874, which implies the firm had a -0.0874% return per unit of risk over the last 3 months. Oil States International exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oil States' Variance of 13.44, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,319) to confirm the risk estimate we provide.
At this time, Oil States' Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 1.8 B in 2024, whereas Other Stockholder Equity is likely to drop slightly above 358.2 M in 2024. . At this time, Oil States' Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 34.67 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.13). Oil Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 9th of February 2001 | 200 Day MA 6.6871 | 50 Day MA 5.4286 | Beta 2.628 |
Oil |
Sharpe Ratio = -0.0874
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| Negative Returns | OIS |
Estimated Market Risk
| 3.71 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Oil States is not performing at its full potential. However, 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 Oil States by adding Oil States to a well-diversified portfolio.
Price Book 0.5312 | Enterprise Value Ebitda 5.6997 | Price Sales 0.4818 | Shares Float 60.7 M | Wall Street Target Price 7.4 |
Oil States Main Headline on 26th of April 2024
Oil States Announces First Quarter 2024 Results by businesswire.com
Oil States International, Inc. Three Months Ended percent Change March 31, 2024 Decem
Oil States Valuation on April 26, 2024
It is possible to determine the worth of Oil States on a given historical date. On April 26, 2024 Oil was worth 4.98 at the beginning of the trading date compared to the closed value of 4.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oil States stock. Still, in general, we apply an absolute valuation method to find Oil States' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Oil States where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oil States' related companies.
| Open | High | Low | Close | Volume | |
| 5.25 | 5.32 | 5.15 | 5.32 | 1,734,059 | |
04/26/2024 | 4.98 | 5.16 | 4.22 | 4.31 | 6,593,460 |
| 4.25 | 4.29 | 3.98 | 4.05 | 3,453,481 |
| Backtest Oil States | | | Oil States History | | | Oil States Valuation | Previous | Next |
Oil States Trading Date Momentum on April 26, 2024
| On April 29 2024 Oil States International was traded for 4.05 at the closing time. Highest Oil States's price during the trading hours was 4.29 and the lowest price during the day was 3.98 . The net volume was 3.5 M. The overall trading history on the 29th of April contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 6.03% . The trading delta at closing time to current price is 2.09% . |
Oil States International Fundamentals Correlations and Trends
By evaluating Oil States' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Oil States' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oil financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oil States Stock history
Oil States investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Oil is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oil States International will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Oil States stock prices may prove useful in developing a viable investing in Oil States
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 63.2 M | 55.2 M | |
| Net Loss | -8.6 M | -8.2 M |
Oil States Quarterly Net Working Capital |
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Oil States Stock Technical Analysis
Oil States 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.
Price Boundaries
Oil States Period Price Range
Low | April 26, 2024
| High |
4.98 | 4.31 |
Oil States May 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Oil States stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oil States shares will generate the highest return on investment. By undertsting and applying Oil States stock market strength indicators, traders can identify Oil States International entry and exit signals to maximize returns
| Accumulation Distribution | 1.2 M | |||
| Daily Balance Of Power | (0.71) | |||
| Rate Of Daily Change | 0.87 | |||
| Day Median Price | 4.69 | |||
| Day Typical Price | 4.56 | |||
| Price Action Indicator | (0.72) | |||
| Period Momentum Indicator | 0.41 |
Oil States Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oil States' price direction in advance. Along with the technical and fundamental analysis of Oil Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oil to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.85) | |||
| Treynor Ratio | (0.16) |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oil States International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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When running Oil States' price analysis, check to measure Oil States' 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 Oil States is operating at the current time. Most of Oil States' value examination focuses on studying past and present price action to predict the probability of Oil States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oil States' price. Additionally, you may evaluate how the addition of Oil States to your portfolios can decrease your overall portfolio volatility.
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Is Oil States' industry 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 Oil States. If investors know Oil 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 Oil States 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 1.017 | Earnings Share (0.04) | Revenue Per Share 12.032 | Quarterly Revenue Growth (0.15) | Return On Assets 0.0092 |
The market value of Oil States International is measured differently than its book value, which is the value of Oil that is recorded on the company's balance sheet. Investors also form their own opinion of Oil States' value that differs from its market value or its book value, called intrinsic value, which is Oil States' 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 Oil States' market value can be influenced by many factors that don't directly affect Oil States' 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 Oil States' value and its price as these two are different measures arrived at by different means. Investors typically determine if Oil States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oil States' 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.