OI vs. MSTR
OI (O-I Glass, Inc.) and MSTR (Strategy Inc) are both stocks. OI operates in Packaging & Containers (Consumer Cyclical), while MSTR operates in Software - Application (Technology). Over the past 10 years, OI returned -5.94%/yr vs 17.27%/yr for MSTR. At a 0.25 correlation, their price movements are largely independent.
Performance
OI vs. MSTR - Performance Comparison
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Returns By Period
In the year-to-date period, OI achieves a -34.96% return, which is significantly higher than MSTR's -39.39% return. Over the past 10 years, OI has underperformed MSTR with an annualized return of -5.94%, while MSTR has yielded a comparatively higher 17.27% annualized return.
OI
- 1D
- -0.83%
- 1M
- 4.69%
- 6M
- -38.30%
- YTD
- -34.96%
- 1Y
- -37.70%
- 3Y*
- -24.92%
- 5Y*
- -9.35%
- 10Y*
- -5.94%
MSTR
- 1D
- -2.68%
- 1M
- -25.71%
- 6M
- -43.23%
- YTD
- -39.39%
- 1Y
- -78.81%
- 3Y*
- 26.14%
- 5Y*
- 10.45%
- 10Y*
- 17.27%
OI vs. MSTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OI O-I Glass, Inc. | -34.96% | 36.16% | -33.82% | -1.15% | 37.74% | 1.09% | 0.16% | -29.69% | -22.24% | 27.34% |
MSTR Strategy Inc | -39.39% | -47.53% | 358.54% | 346.15% | -74.00% | 40.13% | 172.42% | 11.65% | -2.70% | -33.49% |
Correlation
The correlation between OI and MSTR is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jun 11, 1998 | 0.25 |
The correlation between OI and MSTR shifts across timeframes, from 0.13 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.
Fundamentals
OI:
$1.47B
MSTR:
$27.36B
OI:
-$0.96
MSTR:
-$39.78
OI:
0.23
MSTR:
58.33
OI:
0.65
MSTR:
0.84
OI:
$6.40B
MSTR:
$490.47M
OI:
$1.03B
MSTR:
$334.08M
OI:
$657.00M
MSTR:
$466.93M
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Return for Risk
OI vs. MSTR — Risk / Return Rank
OI
MSTR
OI vs. MSTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for O-I Glass, Inc. (OI) and Strategy Inc (MSTR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OI | MSTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.26 | ||
| Sortino ratioReturn per unit of downside risk | +1.37 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 0.76 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | -0.96 | +0.24 |
| Martin ratioReturn relative to average drawdown | -1.39 | -1.38 | -0.01 |
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Drawdowns
OI vs. MSTR - Drawdown Comparison
The maximum OI drawdown since its inception was -94.73%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for OI and MSTR.
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Drawdown Indicators
| OI | MSTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.73% | -99.86% | +5.13% |
Max Drawdown (1Y)Largest decline over 1 year | -52.44% | -81.95% | +29.51% |
Max Drawdown (3Y)Largest decline over 3 years | -66.14% | -82.63% | +16.49% |
Max Drawdown (5Y)Largest decline over 5 years | -66.25% | -84.11% | +17.86% |
Max Drawdown (10Y)Largest decline over 10 years | -81.56% | -89.27% | +7.71% |
Current DrawdownCurrent decline from peak | -83.65% | -80.56% | -3.09% |
Average DrawdownAverage peak-to-trough decline | -53.28% | -86.43% | +33.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.34% | 57.18% | -29.84% |
Volatility
OI vs. MSTR - Volatility Comparison
The current volatility for O-I Glass, Inc. (OI) is 12.86%, while Strategy Inc (MSTR) has a volatility of 26.76%. This indicates that OI experiences smaller price fluctuations and is considered to be less risky than MSTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OI | MSTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.86% | 26.76% | -13.90% |
Volatility (6M)Calculated over the trailing 6-month period | 37.26% | 61.05% | -23.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.27% | 74.29% | -27.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.38% | 90.78% | -46.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.38% | 74.25% | -25.87% |
Dividends
OI vs. MSTR - Dividend Comparison
Neither OI nor MSTR has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
MSTR Strategy Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OI O-I Glass, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.42% | 1.68% |
Financials
OI vs. MSTR - Financials Comparison
This section allows you to compare key financial metrics between O-I Glass, Inc. and Strategy Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
OI and MSTR have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTR has higher volatility (26.76%) compared to OI (12.86%). In terms of maximum drawdown, OI dropped -94.73% vs MSTR's -99.86%.
OI currently has the higher Sharpe Ratio (-0.80 vs -1.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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