Owens Stock Performance

OMI
 Stock
  

USD 20.40  0.21  1.02%   

The company holds a Beta of 1.6555, which implies a somewhat significant risk relative to the market. Let's try to break down what Owens'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, Owens Minor will likely underperform. Even though it is essential to pay attention to Owens Minor 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. Owens Minor exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Owens Minor has an expected return of -0.27%. Please be advised to check Owens Minor potential upside, and the relationship between the total risk alpha and kurtosis to decide if Owens Minor performance from the past will be repeated at some point in the near future.
  
Owens Performance
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Over the last 90 days Owens Minor has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's primary indicators remain nearly stable which may send shares a bit higher in January 2023. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
5.0E-4
Payout Ratio
9.0E-4
Last Split Factor
3:2
Forward Annual Dividend Rate
0.01
Dividend Date
2021-12-31
Ex Dividend Date
2021-12-14

Owens Price Channel

Begin Period Cash Flow134506000.00
Total Cashflows From Investing Activities-53630000.00

Owens Minor Relative Risk vs. Return Landscape

If you would invest  2,719  in Owens Minor on September 2, 2022 and sell it today you would lose (679.00)  from holding Owens Minor or give up 24.97% of portfolio value over 90 days. Owens Minor is generating negative expected returns assuming volatility of 5.6506% on return distribution over 90 days investment horizon. In other words, 49% of stocks are less volatile than Owens, 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 Owens Minor is expected to under-perform the market. In addition to that, the company is 3.75 times more volatile than its market benchmark. It trades about -0.05 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.08 per unit of volatility.

Owens Minor Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Owens Minor's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Owens Minor, and traders can use it to determine the average amount a Owens Minor'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 = -0.0477

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Negative ReturnsOMI
Estimated Market Risk
 5.65
  actual daily
 
 49 %
of total potential
 
4949
Expected Return
 -0.27
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.05
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Owens Minor 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 Owens Minor by adding it to a well-diversified portfolio.

About Owens Minor Performance

To evaluate Owens Minor 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 Owens Minor 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 Owens 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 Owens Minor market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Owens'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.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-2.4 M-2.5 M
Return on Investment 20.56  17.05 
Return on Average Assets 6.45  6.96 
Return on Average Equity 26.85  28.97 
Return on Invested Capital 0.0081  0.008313 
Return on Sales 0.0027  0.002771 

Things to note about Owens Minor

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

Owens Minor Alerts

Equity Alerts and Improvement Suggestions

Owens Minor generated a negative expected return over the last 90 days
Owens Minor has high historical volatility and very poor performance
Over 97.0% of the company shares are owned by institutional investors
Please check Your Equity Center. You can also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Owens Minor price analysis, check to measure Owens Minor'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 Minor is operating at the current time. Most of Owens Minor's value examination focuses on studying past and present price action to predict the probability of Owens Minor's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Owens Minor's price. Additionally, you may evaluate how the addition of Owens Minor to your portfolios can decrease your overall portfolio volatility.
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Is Owens Minor'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 Owens Minor. 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 Minor 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 YOY
(0.72) 
Market Capitalization
1.6 B
Quarterly Revenue Growth YOY
(0.002) 
Return On Assets
0.0438
Return On Equity
0.13
The market value of Owens Minor 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 Minor's value that differs from its market value or its book value, called intrinsic value, which is Owens Minor'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 Minor's market value can be influenced by many factors that don't directly affect Owens Minor'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 Minor's value and its price as these two are different measures arrived at by different means. Investors typically determine Owens Minor value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Minor'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.