Oceaneering International Stock Market Value
| OII Stock | USD 20.47 0.12 0.58% |
| Symbol | Oceaneering |
Oceaneering International Price To Book Ratio
Is Oil & Gas Equipment & Services 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 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.
Quarterly Earnings Growth 2.271 | Earnings Share 1.78 | Revenue Per Share | Quarterly Revenue Growth 0.126 | Return On Assets |
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 if Oceaneering International is a good investment 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.
Oceaneering International 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Oceaneering International's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Oceaneering International.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Oceaneering International on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Oceaneering International or generate 0.0% return on investment in Oceaneering International over 90 days. Oceaneering International is related to or competes with Oil States, Helix Energy, TechnipFMC PLC, Innovex International,, Ranger Energy, and Core Laboratories. Oceaneering International, Inc. provides engineered services, products, and robotic solutions to the offshore energy, de... More
Oceaneering International Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Oceaneering International's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Oceaneering International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.95 | |||
| Information Ratio | 0.0784 | |||
| Maximum Drawdown | 8.86 | |||
| Value At Risk | (3.32) | |||
| Potential Upside | 4.12 |
Oceaneering International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oceaneering International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oceaneering International's standard deviation. In reality, there are many statistical measures that can use Oceaneering International historical prices to predict the future Oceaneering International's volatility.| Risk Adjusted Performance | 0.1414 | |||
| Jensen Alpha | 0.2272 | |||
| Total Risk Alpha | 0.0015 | |||
| Sortino Ratio | 0.0843 | |||
| Treynor Ratio | 0.5676 |
Oceaneering International Backtested Returns
Oceaneering International appears to be very steady, given 3 months investment horizon. Oceaneering International maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Oceaneering International, which you can use to evaluate the volatility of the company. Please evaluate Oceaneering International's Semi Deviation of 1.77, coefficient of variation of 687.32, and Risk Adjusted Performance of 0.1414 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Oceaneering International holds a performance score of 10. The company holds a Beta of 0.52, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Oceaneering International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oceaneering International is expected to be smaller as well. Please check Oceaneering International's jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Oceaneering International's historical price patterns will revert.
Auto-correlation | 0.27 |
Poor predictability
Oceaneering International has poor predictability. Overlapping area represents the amount of predictability between Oceaneering International time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Oceaneering International price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Oceaneering International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
Oceaneering International lagged returns against current returns
Autocorrelation, which is Oceaneering International stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Oceaneering International's stock expected returns. We can calculate the autocorrelation of Oceaneering International returns to help us make a trade decision. For example, suppose you find that Oceaneering International has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Oceaneering International regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Oceaneering International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oceaneering International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oceaneering International stock over time.
Current vs Lagged Prices |
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Oceaneering International Lagged Returns
When evaluating Oceaneering International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oceaneering International stock have on its future price. Oceaneering International autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Oceaneering International autocorrelation shows the relationship between Oceaneering International stock current value and its past values and can show if there is a momentum factor associated with investing in Oceaneering International.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Oceaneering International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oceaneering International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oceaneering International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oceaneering International Stock:Check out Oceaneering International Correlation, Oceaneering International Volatility and Oceaneering International Alpha and Beta module to complement your research on Oceaneering International. For more detail on how to invest in Oceaneering Stock please use our How to Invest in Oceaneering International guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Oceaneering International 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.