Ofs Credit Stock Technical Analysis
| OCCI Stock | USD 7.59 0.01 0.13% |
As of the 8th of June, OFS Credit holds the Semi Deviation of 0.7838, market risk adjusted performance of 2.28, and Risk Adjusted Performance of 0.1019. Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of OFS Credit, as well as the relationship between them.
OFS Credit Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as OFS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OFSOFS |
OFS Credit Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 9.0 | Strong Buy | 1 | Odds |
Most OFS analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand OFS stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of OFS Credit, talking to its executives and customers, or listening to OFS conference calls.
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.
OFS Credit Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of OFS Credit volatility. High ATR values indicate high volatility, and low values indicate low volatility.
OFS Credit Trend Analysis
Use this graph to draw trend lines for OFS Credit. You can use it to identify possible trend reversals for OFS Credit as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual OFS Credit price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.OFS Credit Best Fit Change Line
The following chart estimates an ordinary least squares regression model for OFS Credit applied against its price change over selected period. The best fit line has a slop of 0.01 , which means OFS Credit will continue generating value for investors. It has 122 observation points and a regression sum of squares at 8.39, which is the sum of squared deviations for the predicted OFS Credit price change compared to its average price change.About OFS Credit Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of OFS Credit on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of OFS Credit based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on OFS Credit price pattern first instead of the macroeconomic environment surrounding OFS Credit. By analyzing OFS Credit's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of OFS Credit's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to OFS Credit specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | PTB Ratio | 0.84 | 0.59 | 0.68 | 0.87 | Dividend Yield | 0.0461 | 0.0708 | 0.0814 | 0.084 |
OFS Credit June 8, 2024 Technical Indicators
Most technical analysis of OFS help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for OFS from various momentum indicators to cycle indicators. When you analyze OFS charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1019 | |||
| Market Risk Adjusted Performance | 2.28 | |||
| Mean Deviation | 0.832 | |||
| Semi Deviation | 0.7838 | |||
| Downside Deviation | 1.03 | |||
| Coefficient Of Variation | 636.39 | |||
| Standard Deviation | 1.05 | |||
| Variance | 1.11 | |||
| Information Ratio | 0.1405 | |||
| Jensen Alpha | 0.1549 | |||
| Total Risk Alpha | 0.1427 | |||
| Sortino Ratio | 0.1441 | |||
| Treynor Ratio | 2.27 | |||
| Maximum Drawdown | 4.72 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 1.82 | |||
| Downside Variance | 1.05 | |||
| Semi Variance | 0.6143 | |||
| Expected Short fall | (0.97) | |||
| Skewness | 0.0614 | |||
| Kurtosis | 0.0574 |
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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