Ohio Valley Stock Forecast - Period Momentum Indicator

OVBC Stock  USD 27.75  0.09  0.32%   
Ohio Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ohio Valley stock prices and determine the direction of Ohio Valley Banc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ohio Valley's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Ohio Valley's Asset Turnover is projected to slightly decrease based on the last few years of reporting. . The current year's Common Stock Shares Outstanding is expected to grow to about 4.9 M, whereas Net Income Applicable To Common Shares is forecasted to decline to about 8.4 M.
Ohio Valley Banc has current Period Momentum Indicator of (0.09). Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Ohio Valley Trading Date Momentum

On November 23 2024 Ohio Valley Banc was traded for  27.75  at the closing time. The top price for the day was 27.75  and the lowest listed price was  26.57 . There was no trading activity during the period 0.0. Lack of trading volume on November 23, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.33% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Ohio Valley

For every potential investor in Ohio, whether a beginner or expert, Ohio Valley's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ohio Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ohio. Basic forecasting techniques help filter out the noise by identifying Ohio Valley's price trends.

Ohio Valley Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ohio Valley stock to make a market-neutral strategy. Peer analysis of Ohio Valley could also be used in its relative valuation, which is a method of valuing Ohio Valley by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Ohio Valley Banc Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Ohio Valley's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Ohio Valley's current price.

Ohio Valley Market Strength Events

Market strength indicators help investors to evaluate how Ohio Valley stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ohio Valley shares will generate the highest return on investment. By undertsting and applying Ohio Valley stock market strength indicators, traders can identify Ohio Valley Banc entry and exit signals to maximize returns.

Ohio Valley Risk Indicators

The analysis of Ohio Valley's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Ohio Valley's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ohio stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Ohio Valley Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ohio Valley's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ohio Valley Banc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ohio Valley Banc Stock:
Check out Historical Fundamental Analysis of Ohio Valley to cross-verify your projections.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Ohio Valley. If investors know Ohio 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 Ohio Valley 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
0.224
Dividend Share
0.88
Earnings Share
2.47
Revenue Per Share
12.065
Quarterly Revenue Growth
0.112
The market value of Ohio Valley Banc is measured differently than its book value, which is the value of Ohio that is recorded on the company's balance sheet. Investors also form their own opinion of Ohio Valley's value that differs from its market value or its book value, called intrinsic value, which is Ohio Valley'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 Ohio Valley's market value can be influenced by many factors that don't directly affect Ohio Valley'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 Ohio Valley's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ohio Valley is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ohio Valley'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.