OFS Competitors
| OCCI Stock | USD 4.59 0.31 6.33% |
OFS Credit vs Richmond Mutual Correlation
Poor diversification
The correlation between OFS Credit and RMBI is 0.62 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding OFS Credit and RMBI in the same portfolio, assuming nothing else is changed.
Moving together with OFS Stock
Moving against OFS Stock
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of OFS Credit's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
OFS Credit Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between OFS Credit and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of OFS and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of OFS Credit does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between OFS Stock performing well and OFS Credit Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze OFS Credit's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OFS | 2.16 | (0.03) | 0.00 | (0.15) | 0.00 | 4.63 | 13.27 | |||
| BCIC | 1.05 | 0.12 | 0.06 | 0.28 | 1.64 | 1.99 | 8.92 | |||
| SAMG | 1.20 | 0.05 | 0.03 | 0.09 | 1.62 | 2.52 | 12.71 | |||
| PDCC | 0.75 | (0.20) | 0.00 | 1.40 | 0.00 | 1.14 | 6.04 | |||
| BANX | 0.73 | 0.08 | 0.03 | (0.72) | 1.18 | 1.49 | 8.19 | |||
| LAFAU | 0.17 | 0.02 | (0.05) | (0.75) | 0.15 | 0.40 | 1.29 | |||
| PELI | 0.53 | 0.08 | 0.04 | (0.36) | 0.76 | 1.17 | 8.20 | |||
| RMBI | 1.27 | 0.08 | 0.06 | 0.14 | 1.27 | 3.33 | 7.33 |
OFS Credit Competitive Analysis
The better you understand OFS Credit competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, OFS Credit's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across OFS Credit's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
OFS Credit Competition Performance Charts
Five steps to successful analysis of OFS Credit Competition
OFS Credit's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by OFS Credit in relation to its competition. OFS Credit's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of OFS Credit in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact OFS Credit's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to OFS Credit, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out OFS Credit Correlation with its peers. For more detail on how to invest in OFS Stock please use our How to Invest in OFS Credit guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is there potential for Asset Management & Custody Banks market expansion? Will OFS introduce new products? Factors like these will boost the valuation of OFS Credit. Anticipated expansion of OFS directly elevates investor willingness to pay premium valuations. Understanding fair value requires weighing current performance against future potential. All the valuation information about OFS Credit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Understanding OFS Credit requires distinguishing between market price and book value, where the latter reflects OFS's accounting equity. The concept of intrinsic value—what OFS Credit's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push OFS Credit's price substantially above or below its fundamental value.
It's important to distinguish between OFS Credit's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding OFS Credit should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, OFS Credit's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.