O I Stock Forecast - Day Typical Price

OI Stock  USD 15.09  0.09  0.59%   
O I Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast O I stock prices and determine the direction of O I Glass's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of O I's historical fundamentals, such as revenue growth or operating cash flow patterns. Although O I's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of O I's systematic risk associated with finding meaningful patterns of O I fundamentals over time.
Check out Historical Fundamental Analysis of O I to cross-verify your projections.
  
The O I's current Payables Turnover is estimated to increase to 7.38, while Inventory Turnover is projected to decrease to 4.34. . The O I's current Common Stock Shares Outstanding is estimated to increase to about 167.1 M. The O I's current Net Income Applicable To Common Shares is estimated to increase to about 705.2 M.

Open Interest Against 2024-04-19 O I Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast O I's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in O I's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for O I stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current O I's open interest, investors have to compare it to O I's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of O I is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in O I. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
O I Glass has current Day Typical Price of 15.25.
Most investors in O I cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the O I's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets O I's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
Check O I VolatilityBacktest O IInformation Ratio  

O I Trading Date Momentum

On April 19 2024 O I Glass was traded for  15.09  at the closing time. The highest price during the trading period was 15.57  and the lowest recorded bid was listed for  15.09 . There was no trading activity during the period 0.0. Lack of trading volume on April 19, 2024 did not cause price change. The trading delta at closing time to the current price is 1.59% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for O I

For every potential investor in O I, whether a beginner or expert, O I's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. O I Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in O I. Basic forecasting techniques help filter out the noise by identifying O I's price trends.

O I Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with O I stock to make a market-neutral strategy. Peer analysis of O I could also be used in its relative valuation, which is a method of valuing O I by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

O I Glass Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of O I's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of O I's current price.

O I Market Strength Events

Market strength 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 undertsting and applying O I stock market strength indicators, traders can identify O I Glass entry and exit signals to maximize returns.

O I Risk Indicators

The analysis of O I's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in O I's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting o i stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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When determining whether O I Glass offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of O I'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 O I Glass Stock. Outlined below are crucial reports that will aid in making a well-informed decision on O I Glass Stock:
Check out Historical Fundamental Analysis of O I to cross-verify your projections.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for O I Stock analysis

When running O I's price analysis, check to measure O I'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 O I is operating at the current time. Most of O I's value examination focuses on studying past and present price action to predict the probability of O I's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move O I's price. Additionally, you may evaluate how the addition of O I to your portfolios can decrease your overall portfolio volatility.
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Is O I's 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 O I. If investors know O I 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 O I 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
(0.78)
Earnings Share
(0.67)
Revenue Per Share
45.942
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0565
The market value of O I Glass is measured differently than its book value, which is the value of O I that is recorded on the company's balance sheet. Investors also form their own opinion of O I's value that differs from its market value or its book value, called intrinsic value, which is O I'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 O I's market value can be influenced by many factors that don't directly affect O I'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 O I's value and its price as these two are different measures arrived at by different means. Investors typically determine if O I is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, O I'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.