O-I Glass Inc (OI)
O-I Glass Inc. is a leading manufacturer of glass containers, supplying innovative and sustainable packaging solutions to the food and beverage industries across the Americas, Europe, and Asia Pacific. With its headquarters in Perrysburg, Ohio, the company leverages advanced technologies and manufacturing processes to cater to the evolving needs of its clients, emphasizing environmental responsibility and product quality. O-I Glass is committed to reducing its carbon footprint and enhancing circularity in packaging, positioning itself as a key player in the global glass manufacturing market.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 29.69% per annum.
- OI price at the close of November 26, 2025 was $13.45 and was higher than the top border of the primary price channel by $3.47 (34.73%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 8.58% per annum.
- OI price at the close of November 26, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of OI price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: January 4, 2023
End date: April 23, 2025
a = 3.8690
b = -0.0010
s = 0.0965
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0010) – 1
= -29.69%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0965) – 1
= 47.09%
January 4, 2023 calculations
Top border of price channel:
Exp(Y528)
= Exp(a + b × X528 + 2 × s)
= Exp(a + b × 768 + 2 × s)
= Exp(3.8690 + -0.0010 × 768 + 2 × 0.0965)
= Exp(3.3209)
= $27.68
Bottom border of price channel:
Exp(Y528)
= Exp(a + b × X528 – 2 × s)
= Exp(a + b × 768 – 2 × s)
= Exp(3.8690 + -0.0010 × 768 – 2 × 0.0965)
= Exp(2.9350)
= $18.82
April 23, 2025 calculations
Top border of price channel:
Exp(Y1,104)
= Exp(a + b × X1,104 + 2 × s)
= Exp(a + b × 1,608 + 2 × s)
= Exp(3.8690 + -0.0010 × 1,608 + 2 × 0.0965)
= Exp(2.5103)
= $12.31
Bottom border of price channel:
Exp(Y1,104)
= Exp(a + b × X1,104 – 2 × s)
= Exp(a + b × 1,608 – 2 × s)
= Exp(3.8690 + -0.0010 × 1,608 – 2 × 0.0965)
= Exp(2.1244)
= $8.37
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 29.69% per annum.
- OI price at the close of November 26, 2025 was $13.45 and was higher than the top border of the primary price channel by $3.47 (34.73%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: May 21, 2024
End date: November 26, 2025
a = 2.1613
b = 0.0002
s = 0.0860
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0002) – 1
= 8.58%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0860) – 1
= 41.06%
May 21, 2024 calculations
Top border of price channel:
Exp(Y874)
= Exp(a + b × X874 + 2 × s)
= Exp(a + b × 1,271 + 2 × s)
= Exp(2.1613 + 0.0002 × 1,271 + 2 × 0.0860)
= Exp(2.6201)
= $13.74
Bottom border of price channel:
Exp(Y874)
= Exp(a + b × X874 – 2 × s)
= Exp(a + b × 1,271 – 2 × s)
= Exp(2.1613 + 0.0002 × 1,271 – 2 × 0.0860)
= Exp(2.2760)
= $9.74
November 26, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(2.1613 + 0.0002 × 1,825 + 2 × 0.0860)
= Exp(2.7451)
= $15.57
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(2.1613 + 0.0002 × 1,825 – 2 × 0.0860)
= Exp(2.4010)
= $11.03
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 8.58% per annum.
- OI price at the close of November 26, 2025 was inside the secondary price channel.