OCI NV (Netherlands) Price on August 30, 2024
OCI Stock | EUR 11.14 0.09 0.80% |
If you're considering investing in OCI Stock, it is important to understand the factors that can impact its price. As of today, the current price of OCI NV stands at 11.14, as last reported on the 12th of December 2024, with the highest price reaching 11.26 and the lowest price hitting 11.09 during the day. OCI NV maintains Sharpe Ratio (i.e., Efficiency) of -0.0624, which implies the company had a -0.0624% return per unit of volatility over the last 3 months. OCI NV exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OCI NV's market risk adjusted performance of (0.58), and Variance of 2.14 to confirm the risk estimate we provide.
OCI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OCI |
Sharpe Ratio = -0.0624
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Estimated Market Risk
1.46 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OCI NV 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 OCI NV by adding OCI NV to a well-diversified portfolio.
OCI NV Valuation on August 30, 2024
It is possible to determine the worth of OCI NV on a given historical date. On August 30, 2024 OCI was worth 12.65 at the beginning of the trading date compared to the closed value of 12.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OCI NV stock. Still, in general, we apply an absolute valuation method to find OCI NV'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 OCI NV where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OCI NV's related companies.
Open | High | Low | Close | Volume | |
11.99 | 12.42 | 11.99 | 12.36 | 620,677 | |
08/30/2024 | 12.65 | 12.80 | 12.54 | 12.57 | 1,181,198 |
12.59 | 12.76 | 12.59 | 12.76 | 333,602 |
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OCI NV Trading Date Momentum on August 30, 2024
On September 02 2024 OCI NV was traded for 12.76 at the closing time. The maximum traded price for the trading interval was 12.76 and the lowest daily price was 12.59 . The daily volume was recorded at 333.6 K. The volume of trading on 2nd of September 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.51% . The trading delta at closing time to the closing price today is 4.85% . |
OCI NV Fundamentals Correlations and Trends
By evaluating OCI NV'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 OCI NV's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OCI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OCI NV Stock history
OCI NV 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 OCI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OCI NV 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 OCI NV stock prices may prove useful in developing a viable investing in OCI NV
OCI N.V. produces and distributes natural gas-based fertilizers and industrial chemicals to agricultural and industrial customers. OCI N.V. has a strategic partnership with Abu Dhabi National Oil Company. OCI N operates under Agricultural Chemicals And Fertilisers classification in Netherlands and is traded on Amsterdam Stock Exchange. It employs 2933 people.
OCI NV Stock Technical Analysis
OCI NV 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
OCI NV Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
OCI NV cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Amsterdam. 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.
OCI NV December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how OCI NV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OCI NV shares will generate the highest return on investment. By undertsting and applying OCI NV stock market strength indicators, traders can identify OCI NV entry and exit signals to maximize returns
OCI NV Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OCI NV's price direction in advance. Along with the technical and fundamental analysis of OCI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OCI 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 | (0.07) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | (0.59) |
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Additional Tools for OCI Stock Analysis
When running OCI NV's price analysis, check to measure OCI NV'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 OCI NV is operating at the current time. Most of OCI NV's value examination focuses on studying past and present price action to predict the probability of OCI NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OCI NV's price. Additionally, you may evaluate how the addition of OCI NV to your portfolios can decrease your overall portfolio volatility.