OFG Bancorp Stock Forecast - Relative Strength Index
OFG Stock | USD 45.42 0.57 1.24% |
OFG Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of OFG Bancorp's historical fundamentals, such as revenue growth or operating cash flow patterns.
OFG |
Previous Relative Strength Index | Relative Strength Index | Trend |
60.93 | 60.93 |
Check OFG Bancorp Volatility | Backtest OFG Bancorp | Trend Details |
OFG Bancorp Trading Date Momentum
On November 26 2024 OFG Bancorp was traded for 46.12 at the closing time. Highest OFG Bancorp's price during the trading hours was 46.57 and the lowest price during the day was 45.88 . The net volume was 294.8 K. The overall trading history on the 26th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.28% . The trading delta at closing time to current price is 1.18% . |
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Other Forecasting Options for OFG Bancorp
For every potential investor in OFG, whether a beginner or expert, OFG Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. OFG Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in OFG. Basic forecasting techniques help filter out the noise by identifying OFG Bancorp's price trends.View OFG Bancorp Related Equities
Risk & Return | Correlation |
OFG Bancorp 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 OFG Bancorp'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 OFG Bancorp's current price.Cycle Indicators | ||
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Momentum Indicators | ||
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Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
OFG Bancorp Market Strength Events
Market strength 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 undertsting and applying OFG Bancorp stock market strength indicators, traders can identify OFG Bancorp entry and exit signals to maximize returns.
Accumulation Distribution | 6022.64 | |||
Daily Balance Of Power | (0.42) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 45.86 | |||
Day Typical Price | 45.71 | |||
Price Action Indicator | (0.72) | |||
Period Momentum Indicator | (0.57) | |||
Relative Strength Index | 60.93 |
OFG Bancorp Risk Indicators
The analysis of OFG Bancorp'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 OFG Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ofg 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.
Mean Deviation | 1.49 | |||
Semi Deviation | 2.07 | |||
Standard Deviation | 2.43 | |||
Variance | 5.91 | |||
Downside Variance | 4.57 | |||
Semi Variance | 4.27 | |||
Expected Short fall | (1.67) |
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.
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When determining whether OFG Bancorp is a strong investment it is important to analyze OFG Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OFG Bancorp's future performance. For an informed investment choice regarding OFG Stock, refer to the following important reports:Check out Historical Fundamental Analysis of OFG Bancorp to cross-verify your projections. 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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 OFG Bancorp. If investors know OFG 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 OFG Bancorp 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 0.053 | Dividend Share 0.97 | Earnings Share 4.13 | Revenue Per Share 13.63 | Quarterly Revenue Growth (0.02) |
The market value of OFG Bancorp is measured differently than its book value, which is the value of OFG that is recorded on the company's balance sheet. Investors also form their own opinion of OFG Bancorp's value that differs from its market value or its book value, called intrinsic value, which is OFG Bancorp'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 OFG Bancorp's market value can be influenced by many factors that don't directly affect OFG Bancorp'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 OFG Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if OFG Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OFG Bancorp'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.