Owens Corning Stock Falls Amid Market Uptick What Investors Need to Know
OC Stock | USD 168.77 2.43 1.42% |
About 75% of Owens Corning's investor base is looking to short. The analysis of overall sentiment of trading Owens Corning stock suggests that many investors are alarmed at this time. The current market sentiment, together with Owens Corning's historical and current headlines, can help investors time the market. In addition, many technical investors use Owens Corning stock news signals to limit their universe of possible portfolio assets.
Owens |
Owens Corning closed at 169.41 in the latest trading session, marking a -0.05 percent move from the prior day.
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Owens Corning Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Owens Corning can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Owens Corning Maximum Pain Price Across January 17th 2025 Option Contracts
Owens Corning's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Owens Corning close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Owens Corning's options.
Owens Corning Fundamental Analysis
We analyze Owens Corning's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Owens Corning using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Owens Corning based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Owens Corning is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Owens Corning Potential Pair-trading
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 Owens Corning stock to make a market-neutral strategy. Peer analysis of Owens Corning could also be used in its relative valuation, which is a method of valuing Owens Corning by comparing valuation metrics with similar companies.
Peers
Owens Corning Related Equities
JELD | Jeld Wen | 1.14 | ||||
LII | Lennox International | 0.21 | ||||
JCI | Johnson Controls | 0.13 | ||||
FBIN | Fortune Brands | 0.47 | ||||
NX | Quanex Building | 0.77 | ||||
ROCK | Gibraltar Industries | 0.86 | ||||
TT | Trane Technologies | 0.93 | ||||
WMS | Advanced Drainage | 0.98 | ||||
AWI | Armstrong World | 1.26 | ||||
CSL | Carlisle Companies | 1.51 | ||||
BLDR | Builders FirstSource | 1.60 | ||||
MAS | Masco | 1.92 | ||||
AZEK | Azek | 4.28 | ||||
TREX | Trex | 5.25 | ||||
APOG | Apogee Enterprises | 19.02 |
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.
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