Old Second Bancorp Stock Alpha and Beta Analysis
| OSBC Stock | USD 18.60 0.13 0.69% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Old Second Bancorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Old Second over a specified time horizon. Remember, high Old Second's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Old Second's market risk premium analysis include:
Beta 1.8 | Alpha (0.06) | Risk 2.18 | Sharpe Ratio 0.0777 | Expected Return 0.17 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Old |
Old Second Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Old Second market risk premium is the additional return an investor will receive from holding Old Second long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Old Second. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Old Second's performance over market.| α | -0.06 | β | 1.80 |
Old Second expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Old Second's Buy-and-hold return. Our buy-and-hold chart shows how Old Second performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Old Second Market Price Analysis
Market price analysis indicators help investors to evaluate how Old Second stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Old Second shares will generate the highest return on investment. By understating and applying Old Second stock market price indicators, traders can identify Old Second position entry and exit signals to maximize returns.
Old Second Return and Market Media
The median price of Old Second for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 16.65 with a coefficient of variation of 7.11. The daily time series for the period is distributed with a sample standard deviation of 1.19, arithmetic mean of 16.75, and mean deviation of 0.93. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Gartelmann Richard A Jr of tradable shares of Old Second subject to Rule 16b-3 | 09/30/2024 |
2 | Acquisition by Williams John Jr of 7401 shares of Old Second subject to Rule 16b-3 | 10/11/2024 |
3 | Old Second Bancorp, Inc. Reports Third Quarter 2024 Net Income of 23.0 Million, or 0.50 per Diluted Share | 10/16/2024 |
4 | Old Second Bancorp Inc Shares Up 3.97 percent on Oct 17 | 10/17/2024 |
5 | Earnings call Old Second Bancorp reports strong Q3 2024 results, raises dividend | 10/18/2024 |
| Old Second dividend paid on 4th of November 2024 | 11/04/2024 |
6 | Old Second Bancorp director buys shares worth 419 | 11/05/2024 |
7 | Old Second Bancorp Inc Quarterly 10-Q Report - Quartzy | 11/07/2024 |
8 | Insider Trading | 11/29/2024 |
About Old Second Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Old or other stocks. Alpha measures the amount that position in Old Second Bancorp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.0121 | 0.0124 | 0.0123 | Price To Sales Ratio | 2.85 | 2.92 | 2.89 |
Old Second Upcoming Company Events
As portrayed in its financial statements, the presentation of Old Second's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Old Second's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Old Second's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Old Second. Please utilize our Beneish M Score to check the likelihood of Old Second's management manipulating its earnings.
| 17th of April 2024 Upcoming Quarterly Report | View | |
| 17th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 22nd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Build Portfolio with Old Second
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Old Second Backtesting, Old Second Valuation, Old Second Correlation, Old Second Hype Analysis, Old Second Volatility, Old Second History and analyze Old Second Performance. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Old Second 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.