Onity Group Stock Analysis

ONIT Stock   24.63  0.69  2.73%   
Onity Group is fairly valued with Real Value of 24.89 and Hype Value of 25.32. The main objective of Onity stock analysis is to determine its intrinsic value, which is an estimate of what Onity Group is worth, separate from its market price. There are two main types of Onity's stock analysis: fundamental analysis and technical analysis.
The Onity stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Onity is usually not traded on Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day. Onity Stock trading window is adjusted to America/New York timezone.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onity Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Onity Stock Analysis Notes

The company had not issued any dividends in recent years.

Onity Quarterly Total Revenue

256.6 Million

Onity Group Investment Alerts

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.
Latest headline from simplywall.st: Positive week for Onity Group Inc. institutional investors who lost 21 percent over the past year

Technical Drivers

As of the 18th of July 2024, Onity holds the Semi Deviation of 2.45, risk adjusted performance of 0.0398, and Coefficient Of Variation of 1908.61. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Onity, as well as the relationship between them.

Onity Group Price Movement Analysis

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The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Onity middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Onity Group. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Onity Predictive Daily Indicators

Onity intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Onity stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Onity Forecast Models

Onity's time-series forecasting models are one of many Onity's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Onity's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Onity Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Onity prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Onity shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Onity. By using and applying Onity Stock analysis, traders can create a robust methodology for identifying Onity entry and exit points for their positions.
Onity is entity of United States. It is traded as Stock on NYSE exchange.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Onity to your portfolios without increasing risk or reducing expected return.

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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.