Owens Corning Stock Forecast - Accumulation Distribution

OC Stock  USD 205.10  0.00  0.00%   
Owens Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Owens Corning stock prices and determine the direction of Owens Corning's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Owens Corning's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Owens Corning's Receivables Turnover is projected to increase slightly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 2.66, whereas Payables Turnover is forecasted to decline to 5.38. . As of November 28, 2024, Common Stock Shares Outstanding is expected to decline to about 89.1 M. In addition to that, Net Income Applicable To Common Shares is expected to decline to about 587.7 M.
On November 20, 2024 Owens Corning had Accumulation Distribution of 10300.92. The accumulation distribution (A/D) indicator shows the degree to which Owens Corning is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Owens Corning to determine if accumulation or reduction is taking place in the market. This value is adjusted by Owens Corning trading volume to give more weight to distributions with higher volume over lower volume.
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Owens Corning Trading Date Momentum

On November 21 2024 Owens Corning was traded for  197.58  at the closing time. The highest price during the trading period was 198.42  and the lowest recorded bid was listed for  194.00 . The volume for the day was 544.9 K. This history from November 21, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 1.78% . The trading delta at closing time to the current price is 5.71% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Owens Corning

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

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Owens Corning 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 Owens Corning'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 Owens Corning's current price.

Owens Corning Market Strength Events

Market strength indicators help investors to evaluate how Owens Corning stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Owens Corning shares will generate the highest return on investment. By undertsting and applying Owens Corning stock market strength indicators, traders can identify Owens Corning entry and exit signals to maximize returns.

Owens Corning Risk Indicators

The analysis of Owens Corning'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 Owens Corning's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting owens 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Historical Fundamental Analysis of Owens Corning to cross-verify your projections.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Building Products space 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 Owens Corning. If investors know Owens 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 Owens Corning 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
(0.02)
Dividend Share
2.4
Earnings Share
11.79
Revenue Per Share
119.235
Quarterly Revenue Growth
0.229
The market value of Owens Corning is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Corning's value that differs from its market value or its book value, called intrinsic value, which is Owens Corning'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 Owens Corning's market value can be influenced by many factors that don't directly affect Owens Corning'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 Owens Corning's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owens Corning is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Corning'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.