Owens Corning Stock Price on December 10, 2024
| OC Stock | USD 169.41 0.09 0.05% |
Below is the normalized historical share price chart for Owens Corning extending back to October 09, 2006. 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 Owens Corning stands at 169.41, as last reported on the 22nd of December, with the highest price reaching 172.53 and the lowest price hitting 168.21 during the day.
If you're considering investing in Owens Stock, it is important to understand the factors that can impact its price. Owens Corning maintains Sharpe Ratio (i.e., Efficiency) of -0.0122, which implies the firm had a -0.0122% return per unit of risk over the last 3 months. Owens Corning exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Owens Corning's Coefficient Of Variation of (3,401), variance of 3.43, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide.
At present, Owens Corning's Common Stock Total Equity is projected to decrease significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 61.3 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 89.1 M. . At present, Owens Corning's Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 2.71, whereas Price To Operating Cash Flows Ratio is forecasted to decline to 6.75. Owens Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of November 2006 | 200 Day MA 175.2441 | 50 Day MA 190.408 | Beta 1.406 |
Owens |
Sharpe Ratio = -0.0122
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OC |
Estimated Market Risk
| 1.85 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Owens Corning 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 Owens Corning by adding Owens Corning to a well-diversified portfolio.
Price Book 2.5845 | Enterprise Value Ebitda 9.0908 | Price Sales 1.3922 | Shares Float 85.1 M | Dividend Share 2.4 |
Related Headline
Trane Technologies Headline on 10th of December 2024
Ingersoll Rand Inc Announces 2024 Sustainability Investor Ca... by gurufocus.com
Ingersoll Rand Inc , a prominent global provider of mission-critical flow creation and life science and industrial solutions, has announced it will host its
Owens Corning Valuation on December 10, 2024
It is possible to determine the worth of Owens Corning on a given historical date. On December 10, 2024 Owens was worth 198.25 at the beginning of the trading date compared to the closed value of 196.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Owens Corning stock. Still, in general, we apply an absolute valuation method to find Owens Corning's 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 Owens Corning where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Owens Corning's related companies.
| Open | High | Low | Close | Volume | |
| 201.83 | 202.20 | 198.72 | 199.05 | 661,311 | |
12/10/2024 | 198.25 | 199.75 | 194.80 | 196.92 | 785,539 |
| 201.56 | 202.15 | 197.74 | 198.56 | 1,646,855 |
| Backtest Owens Corning | | | Owens Corning History | | | Owens Corning Valuation | Previous | Next |
Owens Corning Trading Date Momentum on December 10, 2024
| On December 11 2024 Owens Corning was traded for 198.56 at the closing time. The highest price during the trading period was 202.15 and the lowest recorded bid was listed for 197.74 . The volume for the day was 1.6 M. This history from December 11, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.83% . The trading delta at closing time to the current price is 14.23% . |
Owens Corning Fundamentals Correlations and Trends
By evaluating Owens Corning's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Owens Corning's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Owens financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Owens Corning Stock history
Owens Corning 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 Owens is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Owens Corning 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 Owens Corning stock prices may prove useful in developing a viable investing in Owens Corning
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 91 M | 89.1 M | |
| Net Income Applicable To Common Shares | 1.1 B | 587.7 M |
Owens Corning Quarterly Net Working Capital |
|
Owens Corning Stock Technical Analysis
Owens Corning 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
Owens Corning Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Owens Corning cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Owens Corning December 22, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Owens Corning's price direction in advance. Along with the technical and fundamental analysis of Owens Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Owens 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 | (0.02) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.06) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Owens Stock analysis
When running Owens Corning's price analysis, check to measure Owens Corning'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 Owens Corning is operating at the current time. Most of Owens Corning's value examination focuses on studying past and present price action to predict the probability of Owens Corning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owens Corning's price. Additionally, you may evaluate how the addition of Owens Corning to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |