Ofs Credit Preferred Stock Probability of Future Preferred Stock Price Finishing Over 20.44
| OCCIO Preferred Stock | USD 24.55 0.07 0.28% |
OFS |
OFS Credit Target Price Odds to finish over 20.44
The tendency of OFS Preferred Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 20.44 in 90 days |
| 24.55 | 90 days | 20.44 | close to 99 |
Based on a normal probability distribution, the odds of OFS Credit to stay above $ 20.44 in 90 days from now is close to 99 (This OFS Credit probability density function shows the probability of OFS Preferred Stock to fall within a particular range of prices over 90 days) . Probability of OFS Credit price to stay between $ 20.44 and its current price of $24.55 at the end of the 90-day period is about 61.45 .
Assuming the 90 days horizon OFS Credit has a beta of -0.0245. This indicates as returns on the benchmark increase, returns on holding OFS Credit are expected to decrease at a much lower rate. During a bear market, however, OFS Credit is likely to outperform the market. Additionally OFS Credit has an alpha of 0.0222, implying that it can generate a 0.0222 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). OFS Credit Price Density |
| Price |
Predictive Modules for OFS Credit
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OFS Credit. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.OFS Credit Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. OFS Credit is not an exception. The market had few large corrections towards the OFS Credit's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold OFS Credit, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of OFS Credit within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.04 |
OFS Credit Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of OFS Credit for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OFS Credit can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| OFS Credit has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (13.59 M) with profit before overhead, payroll, taxes, and interest of 26.22 M. | |
| OFS Credit has accumulated about 8.68 M in cash with (14.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.0. |
OFS Credit Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of OFS Preferred Stock often depends not only on the future outlook of the current and potential OFS Credit's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. OFS Credit's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.4 M | |
| Dividends Paid | 3.6 M | |
| Forward Annual Dividend Rate | 1.53 |
OFS Credit Technical Analysis
OFS Credit's future price can be derived by breaking down and analyzing its technical indicators over time. OFS Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OFS Credit. In general, you should focus on analyzing OFS Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
OFS Credit Predictive Forecast Models
OFS Credit's time-series forecasting models is one of many OFS Credit's preferred stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary OFS Credit's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the preferred stock market movement and maximize returns from investment trading.
Things to note about OFS Credit
Checking the ongoing alerts about OFS Credit for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OFS Credit help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| OFS Credit has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (13.59 M) with profit before overhead, payroll, taxes, and interest of 26.22 M. | |
| OFS Credit has accumulated about 8.68 M in cash with (14.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.0. |
Other Information on Investing in OFS Preferred Stock
OFS Credit financial ratios help investors to determine whether OFS Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in OFS with respect to the benefits of owning OFS Credit security.