Oceanfirst Financial Corp Stock Probability of Future Stock Price Finishing Under 6.27
| OCFC Stock | USD 20.47 0.20 0.99% |
OceanFirst |
OceanFirst Financial Target Price Odds to finish below 6.27
The tendency of OceanFirst 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 drop to $ 6.27 or more in 90 days |
| 20.47 | 90 days | 6.27 | near 1 |
Based on a normal probability distribution, the odds of OceanFirst Financial to drop to $ 6.27 or more in 90 days from now is near 1 (This OceanFirst Financial Corp probability density function shows the probability of OceanFirst Stock to fall within a particular range of prices over 90 days) . Probability of OceanFirst Financial Corp price to stay between $ 6.27 and its current price of $20.47 at the end of the 90-day period is about 91.37 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.72 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, OceanFirst Financial will likely underperform. Additionally OceanFirst Financial Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. OceanFirst Financial Price Density |
| Price |
Predictive Modules for OceanFirst Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OceanFirst Financial Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.OceanFirst Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. OceanFirst Financial is not an exception. The market had few large corrections towards the OceanFirst Financial'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 OceanFirst Financial Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of OceanFirst Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 2.72 | |
σ | Overall volatility | 1.37 | |
Ir | Information ratio | 0.05 |
OceanFirst Financial 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 OceanFirst Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OceanFirst Financial Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| OceanFirst Financial has a poor financial position based on the latest SEC disclosures | |
| About 74.0% of the company shares are owned by institutional investors | |
| On 15th of November 2024 OceanFirst Financial paid $ 0.2 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: OceanFirst Financial Corp Trading 3.82 percent Higher on Nov 22 |
OceanFirst Financial 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 OceanFirst Stock often depends not only on the future outlook of the current and potential OceanFirst Financial'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. OceanFirst Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 59 M | |
| Cash And Short Term Investments | 153.7 M |
OceanFirst Financial Technical Analysis
OceanFirst Financial's future price can be derived by breaking down and analyzing its technical indicators over time. OceanFirst Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OceanFirst Financial Corp. In general, you should focus on analyzing OceanFirst Stock price patterns and their correlations with different microeconomic environments and drivers.
OceanFirst Financial Predictive Forecast Models
OceanFirst Financial's time-series forecasting models is one of many OceanFirst Financial's 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 OceanFirst Financial'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 stock market movement and maximize returns from investment trading.
Things to note about OceanFirst Financial Corp
Checking the ongoing alerts about OceanFirst Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OceanFirst Financial Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| OceanFirst Financial has a poor financial position based on the latest SEC disclosures | |
| About 74.0% of the company shares are owned by institutional investors | |
| On 15th of November 2024 OceanFirst Financial paid $ 0.2 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: OceanFirst Financial Corp Trading 3.82 percent Higher on Nov 22 |
Check out OceanFirst Financial Backtesting, OceanFirst Financial Valuation, OceanFirst Financial Correlation, OceanFirst Financial Hype Analysis, OceanFirst Financial Volatility, OceanFirst Financial History as well as OceanFirst Financial Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Regional Banks space 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 OceanFirst Financial. If investors know OceanFirst 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 OceanFirst Financial 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 0.258 | Dividend Share 0.8 | Earnings Share 1.75 | Revenue Per Share 6.515 | Quarterly Revenue Growth 0.054 |
The market value of OceanFirst Financial Corp is measured differently than its book value, which is the value of OceanFirst that is recorded on the company's balance sheet. Investors also form their own opinion of OceanFirst Financial's value that differs from its market value or its book value, called intrinsic value, which is OceanFirst Financial'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 OceanFirst Financial's market value can be influenced by many factors that don't directly affect OceanFirst Financial'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 OceanFirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if OceanFirst Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OceanFirst Financial'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.