Oceanfirst Financial Corp Stock Price on November 7, 2024
| OCFC Stock | USD 20.47 0.20 0.99% |
Below is the normalized historical share price chart for OceanFirst Financial Corp extending back to July 03, 1996. 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 OceanFirst Financial stands at 20.47, as last reported on the 4th of December, with the highest price reaching 20.72 and the lowest price hitting 20.25 during the day.
If you're considering investing in OceanFirst Stock, it is important to understand the factors that can impact its price. OceanFirst Financial appears to be not too volatile, given 3 months investment horizon. OceanFirst Financial Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for OceanFirst Financial Corp, which you can use to evaluate the volatility of the company. Please evaluate OceanFirst Financial's Coefficient Of Variation of 1172.23, risk adjusted performance of 0.0725, and Semi Deviation of 1.73 to confirm if our risk estimates are consistent with your expectations.
At present, OceanFirst Financial's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 14.2 B, whereas Common Stock Total Equity is forecasted to decline to about 381.5 K. . The current year's Price Earnings Ratio is expected to grow to 13.04, whereas Price To Sales Ratio is forecasted to decline to 2.52. OceanFirst Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of July 1996 | 200 Day MA 16.6957 | 50 Day MA 19.029 | Beta 0.997 |
OceanFirst |
Sharpe Ratio = 0.1107
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Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average OceanFirst Financial is performing at about 8% 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 OceanFirst Financial by adding it to a well-diversified portfolio.
Price Book 0.6997 | Price Sales 3.1107 | Shares Float 56.4 M | Dividend Share 0.8 | Wall Street Target Price 21.2143 |
OceanFirst Financial Valuation on November 7, 2024
It is possible to determine the worth of OceanFirst Financial on a given historical date. On November 7, 2024 OceanFirst was worth 20.94 at the beginning of the trading date compared to the closed value of 20.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OceanFirst Financial stock. Still, in general, we apply an absolute valuation method to find OceanFirst Financial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of OceanFirst Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OceanFirst Financial's related companies.
| Open | High | Low | Close | Volume | |
| 19.80 | 21.21 | 19.65 | 21.04 | 893,726 | |
11/07/2024 | 20.94 | 21.05 | 20.11 | 20.20 | 395,212 |
| 20.30 | 20.64 | 20.02 | 20.16 | 280,283 |
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OceanFirst Financial Trading Date Momentum on November 7, 2024
| On November 08 2024 OceanFirst Financial Corp was traded for 20.16 at the closing time. The top price for the day was 20.64 and the lowest listed price was 20.02 . The trading volume for the day was 280.3 K. The trading history from November 8, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.20% . The trading delta at closing time against the current closing price is 1.19% . |
OceanFirst Financial Corp Fundamentals Correlations and Trends
By evaluating OceanFirst Financial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among OceanFirst Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OceanFirst financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OceanFirst Financial Stock history
OceanFirst Financial 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 OceanFirst is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OceanFirst Financial Corp 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 OceanFirst Financial stock prices may prove useful in developing a viable investing in OceanFirst Financial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 59 M | 61.9 M | |
| Net Income Applicable To Common Shares | 164 M | 172.2 M |
OceanFirst Financial Stock Technical Analysis
OceanFirst Financial 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.
Price Boundaries
OceanFirst Financial Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
OceanFirst Financial Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
OceanFirst Financial December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how OceanFirst Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OceanFirst Financial shares will generate the highest return on investment. By undertsting and applying OceanFirst Financial stock market strength indicators, traders can identify OceanFirst Financial Corp entry and exit signals to maximize returns
OceanFirst Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OceanFirst Financial's price direction in advance. Along with the technical and fundamental analysis of OceanFirst Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OceanFirst 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 | 0.0725 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0693 | |||
| Treynor Ratio | 0.0871 |
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Complementary Tools for OceanFirst Stock analysis
When running OceanFirst Financial's price analysis, check to measure OceanFirst Financial'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 OceanFirst Financial is operating at the current time. Most of OceanFirst Financial's value examination focuses on studying past and present price action to predict the probability of OceanFirst Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OceanFirst Financial's price. Additionally, you may evaluate how the addition of OceanFirst Financial to your portfolios can decrease your overall portfolio volatility.
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