Ofs Capital Corp Stock Probability of Future Stock Price Finishing Under 6.61
| OFS Stock | USD 8.15 0.11 1.37% |
OFS |
OFS Capital Target Price Odds to finish below 6.61
The tendency of OFS Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 6.61 or more in 90 days |
| 8.15 | 90 days | 6.61 | near 1 |
Based on a normal probability distribution, the odds of OFS Capital to drop to $ 6.61 or more in 90 days from now is near 1 (This OFS Capital Corp probability density function shows the probability of OFS Stock to fall within a particular range of prices over 90 days) . Probability of OFS Capital Corp price to stay between $ 6.61 and its current price of $8.15 at the end of the 90-day period is about 57.18 .
Considering the 90-day investment horizon OFS Capital has a beta of 0.29. This indicates as returns on the market go up, OFS Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding OFS Capital Corp will be expected to be much smaller as well. Additionally OFS Capital Corp has an alpha of 0.0447, implying that it can generate a 0.0447 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). OFS Capital Price Density |
| Price |
Predictive Modules for OFS Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OFS Capital Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.OFS Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. OFS Capital is not an exception. The market had few large corrections towards the OFS Capital's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold OFS Capital Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of OFS Capital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | -0.02 |
OFS Capital Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of OFS Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OFS Capital Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| OFS Capital Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 45.59 M. Reported Net Loss for the year was (465 K) with profit before taxes, overhead, and interest of 48.74 M. | |
| OFS Capital Corp has a strong financial position based on the latest SEC filings | |
| About 23.0% of the company outstanding shares are owned by corporate insiders | |
| On 30th of September 2024 OFS Capital paid $ 0.34 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Investment Analysis and Advice - Stock Traders Daily |
OFS Capital Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of OFS Stock often depends not only on the future outlook of the current and potential OFS Capital's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. OFS Capital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.4 M | |
| Cash And Short Term Investments | 45.3 M |
OFS Capital Technical Analysis
OFS Capital's future price can be derived by breaking down and analyzing its technical indicators over time. OFS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OFS Capital Corp. In general, you should focus on analyzing OFS Stock price patterns and their correlations with different microeconomic environments and drivers.
OFS Capital Predictive Forecast Models
OFS Capital's time-series forecasting models is one of many OFS Capital's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary OFS Capital's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about OFS Capital Corp
Checking the ongoing alerts about OFS Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OFS Capital Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| OFS Capital Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 45.59 M. Reported Net Loss for the year was (465 K) with profit before taxes, overhead, and interest of 48.74 M. | |
| OFS Capital Corp has a strong financial position based on the latest SEC filings | |
| About 23.0% of the company outstanding shares are owned by corporate insiders | |
| On 30th of September 2024 OFS Capital paid $ 0.34 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Investment Analysis and Advice - Stock Traders Daily |
Additional Tools for OFS Stock Analysis
When running OFS Capital's price analysis, check to measure OFS Capital'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 OFS Capital is operating at the current time. Most of OFS Capital's value examination focuses on studying past and present price action to predict the probability of OFS Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OFS Capital's price. Additionally, you may evaluate how the addition of OFS Capital to your portfolios can decrease your overall portfolio volatility.