OCN Financial Statements From 2010 to 2025
| OCNDelisted Stock | USD 34.94 0.82 2.40% |
Check OCN Old financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OCN Old's main balance sheet or income statement drivers, such as , as well as many indicators such as . OCN financial statements analysis is a perfect complement when working with OCN Old Valuation or Volatility modules.
OCN |
OCN Old Company Return On Equity Analysis
OCN Old's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current OCN Old Return On Equity | 0.0156 |
Most of OCN Old's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, OCN Old is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, OCN Old has a Return On Equity of 0.0156. This is 98.92% lower than that of the Financial Services sector and significantly higher than that of the Financials industry. The return on equity for all United States stocks is 105.03% lower than that of the firm.
OCN Old Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining OCN Old's current stock value. Our valuation model uses many indicators to compare OCN Old value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across OCN Old competition to find correlations between indicators driving OCN Old's intrinsic value. More Info.OCN Old is rated below average in return on equity category among its peers. It is regarded second in return on asset category among its peers reporting about 2.00 of Return On Asset per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the OCN Old's earnings, one of the primary drivers of an investment's value.About OCN Old Financial Statements
OCN Old investors utilize fundamental indicators, such as revenue or net income, to predict how OCN Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Ocwen Financial Corporation, a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. The company was founded in 1988 and is headquartered in West Palm Beach, Florida. Ocwen Financial operates under Mortgage Finance classification in the United States and is traded on New York Stock Exchange. It employs 5600 people.
Pair Trading with OCN Old
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OCN Old position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OCN Old will appreciate offsetting losses from the drop in the long position's value.Moving together with OCN Stock
Moving against OCN Stock
| 0.81 | AA | Alcoa Corp | PairCorr |
| 0.64 | DD | Dupont De Nemours Earnings Call This Week | PairCorr |
| 0.57 | TRV | The Travelers Companies | PairCorr |
| 0.43 | PG | Procter Gamble | PairCorr |
| 0.41 | JNJ | Johnson Johnson | PairCorr |
The ability to find closely correlated positions to OCN Old could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OCN Old when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OCN Old - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OCN Old to buy it.
The correlation of OCN Old is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OCN Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OCN Old moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for OCN Old can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Other Consideration for investing in OCN Stock
If you are still planning to invest in OCN Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the OCN Old's history and understand the potential risks before investing.
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