Ofs Credit Stock Price History
| OCCI Stock | USD 7.61 0.22 2.98% |
Below is the normalized historical share price chart for OFS Credit extending back to October 05, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of OFS Credit stands at 7.61, as last reported on the 17th of May 2024, with the highest price reaching 7.62 and the lowest price hitting 7.40 during the day.
If you're considering investing in OFS Stock, it is important to understand the factors that can impact its price. OFS Credit appears to be not too volatile, given 3 months investment horizon. OFS Credit maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for OFS Credit, which you can use to evaluate the volatility of the company. Please evaluate OFS Credit's Semi Deviation of 0.8363, market risk adjusted performance of (3.67), and Risk Adjusted Performance of 0.0986 to confirm if our risk estimates are consistent with your expectations.
As of now, OFS Credit's Issuance Of Capital Stock is increasing as compared to previous years. . As of now, OFS Credit's Price To Book Ratio is decreasing as compared to previous years. The OFS Credit's current Price Sales Ratio is estimated to increase to 90.08, while Price Earnings Ratio is forecasted to increase to (40.82). OFS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of October 2018 | 200 Day MA 6.9896 | 50 Day MA 7.1196 | Beta 1.361 |
OFS |
Sharpe Ratio = 0.1967
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | OCCI | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average OFS Credit is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of OFS Credit by adding it to a well-diversified portfolio.
Price Book 0.9541 | Price Sales 3.5951 | Dividend Share 1.95 | Wall Street Target Price 7.5 | Earnings Share (0.16) |
OFS Credit Stock Price History Chart
There are several ways to analyze OFS Stock price data. The simplest method is using a basic OFS candlestick price chart, which shows OFS Credit price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | May 15, 2024 | 7.61 |
| Lowest Price | February 22, 2024 | 6.52 |
OFS Credit May 17, 2024 Stock Price Synopsis
Various analyses of OFS Credit's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell OFS Stock. It can be used to describe the percentage change in the price of OFS Credit from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of OFS Stock.| OFS Credit Price Rate Of Daily Change | 1.03 | |
| OFS Credit Price Action Indicator | 0.21 | |
| OFS Credit Price Daily Balance Of Power | 1.00 |
OFS Credit May 17, 2024 Stock Price Analysis
OFS Stock Price History Data
The price series of OFS Credit for the period between Sat, Feb 17, 2024 and Fri, May 17, 2024 has a statistical range of 1.09 with a coefficient of variation of 3.35. The daily prices for the period are spread out with arithmetic mean of 6.96. The median price for the last 90 days is 6.99. The company issued dividends to stockholders on 2024-05-20.| Open | High | Low | Close | Volume | ||
05/17/2024 | 7.40 | 7.62 | 7.40 | 7.61 | ||
| 05/15/2024 | 7.40 | 7.62 | 7.40 | 7.61 | 259,576 | |
| 05/14/2024 | 7.45 | 7.48 | 7.39 | 7.39 | 121,890 | |
| 05/13/2024 | 7.45 | 7.49 | 7.40 | 7.42 | 187,997 | |
| 05/10/2024 | 7.43 | 7.48 | 7.40 | 7.43 | 80,179 | |
| 05/09/2024 | 7.40 | 7.49 | 7.25 | 7.44 | 254,100 | |
| 05/08/2024 | 7.32 | 7.50 | 7.32 | 7.37 | 202,243 | |
| 05/07/2024 | 7.28 | 7.32 | 7.24 | 7.32 | 196,616 | |
| 05/06/2024 | 7.15 | 7.30 | 7.13 | 7.20 | 328,459 | |
| 05/03/2024 | 7.01 | 7.15 | 7.01 | 7.12 | 197,192 | |
| 05/02/2024 | 7.08 | 7.10 | 7.00 | 7.01 | 249,046 | |
| 05/01/2024 | 7.01 | 7.06 | 7.00 | 7.01 | 133,996 | |
| 04/30/2024 | 7.10 | 7.10 | 7.01 | 7.02 | 125,413 | |
| 04/29/2024 | 7.07 | 7.09 | 7.03 | 7.05 | 65,785 | |
| 04/26/2024 | 7.05 | 7.10 | 7.02 | 7.04 | 61,573 | |
| 04/25/2024 | 7.02 | 7.08 | 6.99 | 6.99 | 82,970 | |
| 04/24/2024 | 6.96 | 7.09 | 6.96 | 7.02 | 72,779 | |
| 04/23/2024 | 7.00 | 7.04 | 6.96 | 7.00 | 72,950 | |
| 04/22/2024 | 7.00 | 7.04 | 6.96 | 6.98 | 97,705 | |
| 04/19/2024 | 7.02 | 7.06 | 7.00 | 7.01 | 86,642 | |
| 04/18/2024 | 7.06 | 7.11 | 7.00 | 7.03 | 127,212 | |
| 04/17/2024 | 7.30 | 7.32 | 7.09 | 7.09 | 164,900 | |
| 04/16/2024 | 7.28 | 7.36 | 7.09 | 7.09 | 120,300 | |
| 04/15/2024 | 7.35 | 7.36 | 7.16 | 7.16 | 139,700 | |
| 04/12/2024 | 7.26 | 7.45 | 7.09 | 7.09 | 154,772 | |
| 04/11/2024 | 7.25 | 7.29 | 7.15 | 7.15 | 105,506 | |
| 04/10/2024 | 7.23 | 7.24 | 7.07 | 7.07 | 122,652 | |
| 04/09/2024 | 7.24 | 7.38 | 7.14 | 7.14 | 121,608 | |
| 04/08/2024 | 7.14 | 7.40 | 7.14 | 7.14 | 179,398 | |
| 04/05/2024 | 7.08 | 7.24 | 7.06 | 7.06 | 93,211 | |
| 04/04/2024 | 7.03 | 7.25 | 6.99 | 6.99 | 159,971 | |
| 04/03/2024 | 7.03 | 7.05 | 6.93 | 6.93 | 82,868 | |
| 04/02/2024 | 7.06 | 7.08 | 6.90 | 6.90 | 108,685 | |
| 04/01/2024 | 7.15 | 7.21 | 6.96 | 6.96 | 207,986 | |
| 03/28/2024 | 7.20 | 7.23 | 7.06 | 7.06 | 125,278 | |
| 03/27/2024 | 7.00 | 7.20 | 6.98 | 7.05 | 182,582 | |
| 03/26/2024 | 6.90 | 7.00 | 6.88 | 6.88 | 111,575 | |
| 03/25/2024 | 6.98 | 6.98 | 6.79 | 6.79 | 121,228 | |
| 03/22/2024 | 6.83 | 6.94 | 6.79 | 6.79 | 70,629 | |
| 03/21/2024 | 6.87 | 6.92 | 6.73 | 6.73 | 147,352 | |
| 03/20/2024 | 6.99 | 6.99 | 6.74 | 6.74 | 127,474 | |
| 03/19/2024 | 7.10 | 7.16 | 6.89 | 6.89 | 160,000 | |
| 03/18/2024 | 7.00 | 7.11 | 6.99 | 6.99 | 211,332 | |
| 03/15/2024 | 7.03 | 7.20 | 6.85 | 6.85 | 167,055 | |
| 03/14/2024 | 7.05 | 7.12 | 6.83 | 6.83 | 116,624 | |
| 03/13/2024 | 7.02 | 7.09 | 6.84 | 6.84 | 99,226 | |
| 03/12/2024 | 7.01 | 7.10 | 6.88 | 6.88 | 88,146 | |
| 03/11/2024 | 6.86 | 7.10 | 6.80 | 6.82 | 131,151 | |
| 03/08/2024 | 7.03 | 7.18 | 6.71 | 6.71 | 219,674 | |
| 03/07/2024 | 7.10 | 7.24 | 6.83 | 6.83 | 94,852 | |
| 03/06/2024 | 7.21 | 7.36 | 6.94 | 6.94 | 73,661 | |
| 03/05/2024 | 7.21 | 7.23 | 6.92 | 6.92 | 39,713 | |
| 03/04/2024 | 7.29 | 7.32 | 7.10 | 7.10 | 98,781 | |
| 03/01/2024 | 6.93 | 7.49 | 6.93 | 7.09 | 210,964 | |
| 02/29/2024 | 6.90 | 7.00 | 6.80 | 6.80 | 69,709 | |
| 02/28/2024 | 6.80 | 6.90 | 6.69 | 6.69 | 42,033 | |
| 02/27/2024 | 6.80 | 6.85 | 6.64 | 6.64 | 28,428 | |
| 02/26/2024 | 6.78 | 6.84 | 6.60 | 6.60 | 50,177 | |
| 02/23/2024 | 6.71 | 6.79 | 6.59 | 6.59 | 80,431 | |
| 02/22/2024 | 6.75 | 6.81 | 6.52 | 6.52 | 85,051 | |
| 02/21/2024 | 6.80 | 6.85 | 6.53 | 6.53 | 80,059 |
About OFS Credit Stock history
OFS Credit investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for OFS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OFS Credit will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing OFS Credit stock prices may prove useful in developing a viable investing in OFS Credit
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 13.1 M | 13.8 M | |
| Net Loss | -12.2 M | -11.6 M |
OFS Credit Stock Technical Analysis
OFS Credit 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.
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OFS Credit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OFS Credit's price direction in advance. Along with the technical and fundamental analysis of OFS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OFS to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0986 | |||
| Jensen Alpha | 0.1813 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.071 | |||
| Treynor Ratio | (3.68) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OFS Credit. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. 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 Correlations module to find global opportunities by holding instruments from different markets.
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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.