Oceaneering Stock Market Value

OII
 Stock
  

USD 8.10  0.22  2.79%   

Oceaneering International's market value is the price at which a share of Oceaneering International stock trades on a public exchange. It measures the collective expectations of Oceaneering International investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Oceaneering International and determine expected loss or profit from investing in Oceaneering International over a given investment horizon. Please check Oceaneering International Correlation, Oceaneering International Volatility and Oceaneering International Alpha and Beta module to complement your research on Oceaneering International.
Symbol


Is Oceaneering International'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 Oceaneering International. If investors know Oceaneering 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 Oceaneering International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Oceaneering International is measured differently than its book value, which is the value of Oceaneering that is recorded on the company's balance sheet. Investors also form their own opinion of Oceaneering International's value that differs from its market value or its book value, called intrinsic value, which is Oceaneering International'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 Oceaneering International's market value can be influenced by many factors that don't directly affect Oceaneering International'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 Oceaneering International's value and its price as these two are different measures arrived at by different means. Investors typically determine Oceaneering International value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceaneering International'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.

Oceaneering International 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Oceaneering International's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Oceaneering International.
0.00
08/31/2022
No Change 0.00  0.0 
In 30 days
09/30/2022
0.00
If you would invest  0.00  in Oceaneering International on August 31, 2022 and sell it all today you would earn a total of 0.00 from holding Oceaneering International or generate 0.0% return on investment in Oceaneering International over 30 days. Oceaneering International is related to or competes with Amazon. Oceaneering International, Inc. provides engineered services, products, and robotic solutions to the offshore energy, de... More

Oceaneering International Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Oceaneering International's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Oceaneering International upside and downside potential and time the market with a certain degree of confidence.

Oceaneering International Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Oceaneering International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oceaneering International's standard deviation. In reality, there are many statistical measures that can use Oceaneering International historical prices to predict the future Oceaneering International's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Oceaneering International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Oceaneering International in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
3.748.0712.40
Details
Intrinsic
Valuation
LowReal ValueHigh
6.0810.4114.74
Details
Naive
Forecast
LowNext ValueHigh
2.596.9211.25
Details
4 Analysts
Consensus
LowTarget PriceHigh
16.5017.3819.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Oceaneering International. Your research has to be compared to or analyzed against Oceaneering International's peers to derive any actionable benefits. When done correctly, Oceaneering International's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Oceaneering International.

Oceaneering International Backtested Returns

Oceaneering International maintains Sharpe Ratio (i.e., Efficiency) of -0.0645, which implies the firm had -0.0645% of return per unit of risk over the last 3 months. Macroaxis standpoint towards forecasting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Oceaneering International exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Oceaneering International risk adjusted performance of (0.08), and Coefficient Of Variation of (1,245) to confirm the risk estimate we provide.
The company holds a Beta of 1.3794, which implies a somewhat significant risk relative to the market. Let's try to break down what Oceaneering's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Oceaneering International will likely underperform. Even though it is essential to pay attention to Oceaneering International current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our philosophy towards forecasting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Oceaneering International exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Oceaneering International has an expected return of -0.28%. Please be advised to check Oceaneering International jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution to decide if Oceaneering International performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.72  

Almost perfect reverse predictability

Oceaneering International has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Oceaneering International time series from 31st of August 2022 to 15th of September 2022 and 15th of September 2022 to 30th of September 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Oceaneering International price movement. The serial correlation of -0.72 indicates that around 72.0% of current Oceaneering International price fluctuation can be explain by its past prices.
Correlation Coefficient-0.72
Spearman Rank Test-0.54
Residual Average0.0
Price Variance0.5

Oceaneering International lagged returns against current returns

Autocorrelation, which is Oceaneering International stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Oceaneering International's stock expected returns. We can calculate the autocorrelation of Oceaneering International returns to help us make a trade decision. For example, suppose you find that Oceaneering International stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Oceaneering International regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Oceaneering International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oceaneering International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oceaneering International stock over time.
   Current vs Lagged Prices   
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       Timeline  

Oceaneering International Lagged Returns

When evaluating Oceaneering International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oceaneering International stock have on its future price. Oceaneering International autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Oceaneering International autocorrelation shows the relationship between Oceaneering International stock current value and its past values and can show if there is a momentum factor associated with investing in Oceaneering International.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Oceaneering International without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Oceaneering International Correlation, Oceaneering International Volatility and Oceaneering International Alpha and Beta module to complement your research on Oceaneering International. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Oceaneering International price analysis, check to measure Oceaneering International'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 Oceaneering International is operating at the current time. Most of Oceaneering International's value examination focuses on studying past and present price action to predict the probability of Oceaneering International's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Oceaneering International's price. Additionally, you may evaluate how the addition of Oceaneering International to your portfolios can decrease your overall portfolio volatility.
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Oceaneering International 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.
A focus of Oceaneering International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oceaneering International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...