Oceaneering Stock Performance

OII
 Stock
  

USD 8.10  0.22  2.79%   

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.
  
Oceaneering Performance
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Over the last 90 days Oceaneering International has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's forward indicators remain nearly stable which may send shares a bit higher in October 2022. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more

Oceaneering Price Channel

Quick Ratio1.92
Fifty Two Week Low7.25
Target High Price20.00
Fifty Two Week High18.20
Target Low Price12.00

Oceaneering International Relative Risk vs. Return Landscape

If you would invest  1,021  in Oceaneering International on July 2, 2022 and sell it today you would lose (211.00)  from holding Oceaneering International or give up 20.67% of portfolio value over 90 days. Oceaneering International is generating negative expected returns assuming volatility of 4.2842% on return distribution over 90 days investment horizon. In other words, 37% of stocks are less volatile than Oceaneering, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Oceaneering International is expected to under-perform the market. In addition to that, the company is 3.74 times more volatile than its market benchmark. It trades about -0.06 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of volatility.

Oceaneering International Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Oceaneering International's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Oceaneering International, and traders can use it to determine the average amount a Oceaneering International's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0645

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Negative ReturnsOII
Estimated Market Risk
 4.28
  actual daily
 
 37 %
of total potential
 
3737
Expected Return
 -0.28
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 0 %
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Risk-Adjusted Return
 -0.06
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Based on monthly moving average Oceaneering International is performing at about 0% of its full potential. 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 Oceaneering International by adding it to a well-diversified portfolio.

About Oceaneering International Performance

To evaluate Oceaneering International Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Oceaneering International generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Oceaneering Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Oceaneering International market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Oceaneering's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Oceaneering International, Inc. provides engineered services, products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. Oceaneering International, Inc. was founded in 1964 and is headquartered in Houston, Texas. Oceaneering International operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 8500 people.

Things to note about Oceaneering International

Checking the ongoing alerts about Oceaneering International for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Oceaneering International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Oceaneering International Alerts

Equity Alerts and Improvement Suggestions

Oceaneering International generated a negative expected return over the last 90 days
Oceaneering International has high historical volatility and very poor performance
Oceaneering International has high likelihood to experience some financial distress in the next 2 years
The company reported the last year's revenue of 1.9 B. Reported Net Loss for the year was (61.67 M) with profit before taxes, overhead, and interest of 264.06 M.
Over 92.0% of the company shares are owned by institutional investors
Latest headline from www.benzinga.com: Purchase by Steven Webster of 25000 shares of Oceaneering International
Please check Your Equity Center. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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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.