Ofg Bancorp Stock Alpha and Beta Analysis
| OFG Stock | USD 46.72 1.20 2.64% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as OFG Bancorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in OFG Bancorp over a specified time horizon. Remember, high OFG Bancorp'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 OFG Bancorp's market risk premium analysis include:
Beta 1.96 | Alpha (0.15) | Risk 2.48 | Sharpe Ratio 0.0317 | Expected Return 0.0786 |
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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.
OFG |
OFG Bancorp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. OFG Bancorp market risk premium is the additional return an investor will receive from holding OFG Bancorp 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 OFG Bancorp. 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 OFG Bancorp's performance over market.| α | -0.15 | β | 1.96 |
OFG Bancorp 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 OFG Bancorp's Buy-and-hold return. Our buy-and-hold chart shows how OFG Bancorp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.OFG Bancorp Market Price Analysis
Market price analysis indicators help investors to evaluate how OFG Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OFG Bancorp shares will generate the highest return on investment. By understating and applying OFG Bancorp stock market price indicators, traders can identify OFG Bancorp position entry and exit signals to maximize returns.
OFG Bancorp Return and Market Media
The median price of OFG Bancorp for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 43.78 with a coefficient of variation of 4.2. The daily time series for the period is distributed with a sample standard deviation of 1.82, arithmetic mean of 43.26, and mean deviation of 1.49. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Insider Trading | 09/20/2024 |
2 | Disposition of 500 shares by Jose Fernandez of OFG Bancorp subject to Rule 16b-3 | 09/26/2024 |
3 | Disposition of 122 shares by Gonzalez Hugh of OFG Bancorp at 35.55 subject to Rule 16b-3 | 10/02/2024 |
| OFG Bancorp dividend paid on 15th of October 2024 | 10/15/2024 |
4 | OFG Bancorp Q3 2024 Earnings EPS at 1.00, Revenue Hits 174.1 Million, Surpassing Estimates | 10/16/2024 |
5 | OFG Bancorp Third Quarter 2024 Earnings Misses Expectations | 10/17/2024 |
6 | OFG Bancorp Price Target Lowered to 47.00 at Piper Sandler | 10/18/2024 |
7 | Thursdays big stock stories Whats likely to move the market in the next trading session | 10/24/2024 |
8 | OFG Bancorp Announces New 50 Million Share Repurchase Plan | 10/28/2024 |
9 | Disposition of 237 shares by Gonzalez Hugh of OFG Bancorp at 35.71 subject to Rule 16b-3 | 11/01/2024 |
10 | Disposition of 10000 shares by Colon Jorge of OFG Bancorp at 46.4018 subject to Rule 16b-3 | 11/06/2024 |
11 | Insider Selling Director Jorge Colon Sells 10,000 Shares of OFG Bancorp | 11/08/2024 |
About OFG Bancorp 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 OFG or other stocks. Alpha measures the amount that position in OFG 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 | 2023 | 2024 (projected) | Dividend Yield | 0.0155 | 0.0227 | 0.0232 | 0.022 | Price To Sales Ratio | 2.5 | 2.16 | 2.82 | 3.18 |
OFG Bancorp Upcoming Company Events
As portrayed in its financial statements, the presentation of OFG Bancorp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, OFG Bancorp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of OFG Bancorp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of OFG Bancorp. Please utilize our Beneish M Score to check the likelihood of OFG Bancorp's management manipulating its earnings.
| 18th of April 2024 Upcoming Quarterly Report | View | |
| 18th 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 OFG Bancorp
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 OFG Bancorp Backtesting, OFG Bancorp Valuation, OFG Bancorp Correlation, OFG Bancorp Hype Analysis, OFG Bancorp Volatility, OFG Bancorp History and analyze OFG Bancorp Performance. For more detail on how to invest in OFG Stock please use our How to Invest in OFG Bancorp guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
OFG Bancorp 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.