OFS Credit Stock Forecast - Accumulation Distribution
| OCCI Stock | USD 7.41 0.04 0.54% |
OFS Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast OFS Credit stock prices and determine the direction of OFS Credit's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of OFS Credit's historical fundamentals, such as revenue growth or operating cash flow patterns. Although OFS Credit's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of OFS Credit's systematic risk associated with finding meaningful patterns of OFS Credit fundamentals over time.
Check out Historical Fundamental Analysis of OFS Credit to cross-verify your projections. OFS |
Most investors in OFS Credit cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the OFS Credit's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets OFS Credit's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which OFS Credit is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of OFS Credit to determine if accumulation or reduction is taking place in the market. This value is adjusted by OFS Credit trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 1827.52 | 2887.94 |
| Check OFS Credit Volatility | Backtest OFS Credit | Trend Details |
OFS Credit Trading Date Momentum
| On March 01 2024 OFS Credit was traded for 6.99 at the closing time. The top price for the day was 7.49 and the lowest listed price was 6.93 . The trading volume for the day was 211 K. The trading history from March 1, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 4.17% . The trading delta at closing time against the current closing price is 7.45% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare OFS Credit to competition |
Other Forecasting Options for OFS Credit
For every potential investor in OFS, whether a beginner or expert, OFS Credit's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. OFS Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in OFS. Basic forecasting techniques help filter out the noise by identifying OFS Credit's price trends.OFS Credit Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with OFS Credit stock to make a market-neutral strategy. Peer analysis of OFS Credit could also be used in its relative valuation, which is a method of valuing OFS Credit by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
OFS Credit Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of OFS Credit's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of OFS Credit's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
OFS Credit Market Strength Events
Market strength indicators help investors to evaluate how OFS Credit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OFS Credit shares will generate the highest return on investment. By undertsting and applying OFS Credit stock market strength indicators, traders can identify OFS Credit entry and exit signals to maximize returns.
OFS Credit Risk Indicators
The analysis of OFS Credit's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in OFS Credit's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ofs stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.9296 | |||
| Semi Deviation | 0.8595 | |||
| Standard Deviation | 1.21 | |||
| Variance | 1.47 | |||
| Downside Variance | 1.23 | |||
| Semi Variance | 0.7388 | |||
| Expected Short fall | (1.11) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether OFS Credit offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OFS Credit'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 Ofs Credit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ofs Credit Stock:Check out Historical Fundamental Analysis of OFS Credit to cross-verify your projections. For more detail on how to invest in OFS Stock please use our How to Invest in OFS Credit guide.Note that the OFS Credit information on this page should be used as a complementary analysis to other OFS Credit's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for OFS Stock analysis
When running OFS Credit's price analysis, check to measure OFS Credit'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 OFS Credit is operating at the current time. Most of OFS Credit's value examination focuses on studying past and present price action to predict the probability of OFS Credit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OFS Credit's price. Additionally, you may evaluate how the addition of OFS Credit to your portfolios can decrease your overall portfolio volatility.
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Is OFS Credit'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 OFS Credit. If investors know OFS 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 OFS Credit 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 14.596 | Dividend Share 1.95 | Earnings Share (0.16) | Revenue Per Share 2.003 | Quarterly Revenue Growth 0.173 |
The market value of OFS Credit is measured differently than its book value, which is the value of OFS that is recorded on the company's balance sheet. Investors also form their own opinion of OFS Credit's value that differs from its market value or its book value, called intrinsic value, which is OFS Credit'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 OFS Credit's market value can be influenced by many factors that don't directly affect OFS Credit'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 OFS Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine if OFS Credit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OFS Credit'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.