Oneok Inc Stock Price on December 31, 2023
| OKE Stock | USD 76.95 0.03 0.04% |
Below is the normalized historical share price chart for ONEOK Inc extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ONEOK stands at 76.95, as last reported on the 3rd of May, with the highest price reaching 78.19 and the lowest price hitting 76.66 during the day.
If you're considering investing in ONEOK Stock, it is important to understand the factors that can impact its price. ONEOK appears to be very steady, given 3 months investment horizon. ONEOK Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.22, which implies the firm had a 0.22% return per unit of risk over the last 3 months. We have found thirty technical indicators for ONEOK Inc, which you can use to evaluate the volatility of the company. Please evaluate ONEOK's Mean Deviation of 0.7506, risk adjusted performance of 0.1124, and Semi Deviation of 0.793 to confirm if our risk estimates are consistent with your expectations.
At present, ONEOK's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 49.7 B, whereas Treasury Stock is forecasted to decline to (691.8 M). . At present, ONEOK's Price Earnings Ratio is projected to drop based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.41, whereas Price To Operating Cash Flows Ratio is forecasted to decline to 7.23. ONEOK Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of July 1985 | 200 Day MA 69.9272 | 50 Day MA 78.0528 | Beta 1.625 |
ONEOK |
Sharpe Ratio = 0.2223
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Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average ONEOK is performing at about 17% 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 ONEOK by adding it to a well-diversified portfolio.
Price Book 2.7865 | Enterprise Value Ebitda 13.1252 | Price Sales 2.5984 | Shares Float 581.6 M | Dividend Share 3.89 |
Related Headline
Hess Midstream Headline on 29th of December 2023
Exercise or conversion by Jonathan Stein of 3721 shares of H... by Jonathan Stein
Filed transaction by Hess Midstream Lp officer. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3
ONEOK Valuation on December 31, 2023
It is possible to determine the worth of ONEOK on a given historical date. On December 31, 2023 ONEOK was worth 70.71 at the beginning of the trading date compared to the closed value of 68.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ONEOK stock. Still, in general, we apply an absolute valuation method to find ONEOK'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 ONEOK where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ONEOK's related companies.
| Open | High | Low | Close | Volume | |
| 70.81 | 71.19 | 68.68 | 68.68 | 1,654,080 | |
12/29/2023 | 70.71 | 70.71 | 68.39 | 68.39 | 2,244,872 |
| 70.54 | 71.44 | 69.17 | 69.17 | 2,854,425 |
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ONEOK Trading Date Momentum on December 31, 2023
| On January 02 2024 ONEOK Inc was traded for 69.17 at the closing time. Highest ONEOK's price during the trading hours was 71.44 and the lowest price during the day was 69.17 . The net volume was 2.9 M. The overall trading history on the 2nd of January contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 1.14% . The trading delta at closing time to current price is 3.13% . |
ONEOK Inc Fundamentals Correlations and Trends
By evaluating ONEOK'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 ONEOK's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ONEOK financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ONEOK Stock history
ONEOK 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 ONEOK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ONEOK Inc 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 ONEOK stock prices may prove useful in developing a viable investing in ONEOK
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 485.4 M | 509.7 M | |
| Net Income Applicable To Common Shares | 2 B | 2.1 B |
ONEOK Stock Technical Analysis
ONEOK 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
ONEOK Period Price Range
Low | December 29, 2023
| High |
70.71 | 68.39 |
ONEOK May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how ONEOK stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ONEOK shares will generate the highest return on investment. By undertsting and applying ONEOK stock market strength indicators, traders can identify ONEOK Inc entry and exit signals to maximize returns
| Accumulation Distribution | 73654.41 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 69.55 | |||
| Day Typical Price | 69.16 | |||
| Price Action Indicator | (2.32) | |||
| Period Momentum Indicator | 8.56 | |||
| Relative Strength Index | 53.11 |
ONEOK Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ONEOK's price direction in advance. Along with the technical and fundamental analysis of ONEOK Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ONEOK 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 | 0.1124 | |||
| Jensen Alpha | 0.1245 | |||
| Total Risk Alpha | 0.0899 | |||
| Sortino Ratio | 0.1141 | |||
| Treynor Ratio | 0.1998 |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ONEOK Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for ONEOK Stock analysis
When running ONEOK's price analysis, check to measure ONEOK'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 ONEOK is operating at the current time. Most of ONEOK's value examination focuses on studying past and present price action to predict the probability of ONEOK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ONEOK's price. Additionally, you may evaluate how the addition of ONEOK to your portfolios can decrease your overall portfolio volatility.
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Is ONEOK'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 ONEOK. If investors know ONEOK 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 ONEOK 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 (0.53) | Dividend Share 3.89 | Earnings Share 4.23 | Revenue Per Share 34.606 | Quarterly Revenue Growth 0.058 |
The market value of ONEOK Inc is measured differently than its book value, which is the value of ONEOK that is recorded on the company's balance sheet. Investors also form their own opinion of ONEOK's value that differs from its market value or its book value, called intrinsic value, which is ONEOK'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 ONEOK's market value can be influenced by many factors that don't directly affect ONEOK'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 ONEOK's value and its price as these two are different measures arrived at by different means. Investors typically determine if ONEOK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ONEOK'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.