Olin Debt To Equity from 2010 to 2024
| OLN Stock | USD 42.89 0.14 0.33% |
Debt To Equity | First Reported 2010-12-31 | Previous Quarter 1.22710984 | Current Value 0.73 | Quarterly Volatility 0.56676323 |
Check Olin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Olin's main balance sheet or income statement drivers, such as Depreciation And Amortization of 560.1 M, Interest Expense of 190.2 M or Total Revenue of 7.2 B, as well as many indicators such as Price To Sales Ratio of 1.04, Dividend Yield of 0.0141 or PTB Ratio of 1.58. Olin financial statements analysis is a perfect complement when working with Olin Valuation or Volatility modules.
Olin | Debt To Equity |
Latest Olin's Debt To Equity Growth Pattern
Below is the plot of the Debt To Equity of Olin Corporation over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Olin's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Olin's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.16 % | 10 Years Trend |
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Debt To Equity |
| Timeline |
Olin Debt To Equity Regression Statistics
| Arithmetic Mean | 1.13 | |
| Geometric Mean | 1.02 | |
| Coefficient Of Variation | 50.16 | |
| Mean Deviation | 0.41 | |
| Median | 1.08 | |
| Standard Deviation | 0.57 | |
| Sample Variance | 0.32 | |
| Range | 2.1691 | |
| R-Value | 0.39 | |
| Mean Square Error | 0.29 | |
| R-Squared | 0.15 | |
| Significance | 0.15 | |
| Slope | 0.05 | |
| Total Sum of Squares | 4.50 |
Olin Debt To Equity History
About Olin Financial Statements
Olin investors utilize fundamental indicators, such as Debt To Equity, to predict how Olin Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 1.23 | 0.73 |
Pair Trading with Olin
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Olin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Olin will appreciate offsetting losses from the drop in the long position's value.Moving together with Olin Stock
| 0.61 | DOW | Dow Inc Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Olin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Olin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Olin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Olin Corporation to buy it.
The correlation of Olin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Olin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Olin moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Olin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Olin Correlation against competitors. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Commodity Chemicals space 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 Olin. If investors know Olin 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 Olin 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 (0.45) | Dividend Share 0.8 | Earnings Share 1.26 | Revenue Per Share 54.448 | Quarterly Revenue Growth (0.05) |
The market value of Olin is measured differently than its book value, which is the value of Olin that is recorded on the company's balance sheet. Investors also form their own opinion of Olin's value that differs from its market value or its book value, called intrinsic value, which is Olin'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 Olin's market value can be influenced by many factors that don't directly affect Olin'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 Olin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olin'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.