Stephen Altebrando - OFS Credit Investor Relations

OCCIN Preferred Stock  USD 23.85  0.15  0.62%   

Insider

Stephen Altebrando is Investor Relations of OFS Credit
Phone847-734-2000
Webhttps://www.ofscreditcompany.com

OFS Credit Management Efficiency

The company has return on total asset (ROA) of 0.0667 % which means that it generated a profit of $0.0667 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1343) %, meaning that it generated substantial loss on money invested by shareholders. OFS Credit's management efficiency ratios could be used to measure how well OFS Credit manages its routine affairs as well as how well it operates its assets and liabilities.
OFS Credit has accumulated 62.19 M in total debt with debt to equity ratio (D/E) of 0.67, which is about average as compared to similar companies. OFS Credit has a current ratio of 3.55, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist OFS Credit until it has trouble settling it off, either with new capital or with free cash flow. So, OFS Credit's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like OFS Credit sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for OFS to invest in growth at high rates of return. When we think about OFS Credit's use of debt, we should always consider it together with cash and equity.

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Ofs Credit operates under Asset Management classification in the United States and is traded on NASDAQ Exchange. OFS Credit (OCCIN) is traded on NASDAQ Exchange in USA. It is located in 10 South Wacker Drive, Chicago, IL, United States, 60606 and employs 8 people. OFS Credit is listed under Asset Management category by Fama And French industry classification.

Management Performance

OFS Credit Leadership Team

Elected by the shareholders, the OFS Credit's board of directors comprises two types of representatives: OFS Credit inside directors who are chosen from within the company, and outside directors, selected externally and held independent of OFS. The board's role is to monitor OFS Credit's management team and ensure that shareholders' interests are well served. OFS Credit's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, OFS Credit's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tod JD, Co Sec
Jeffrey JD, Treasurer CFO
Stephen Altebrando, Investor Relations
Ross Teune, Chief Officer
Kenneth Brown, Managing Advisor
Bilal Rashid, Pres Chairman
Mukya Porter, Chief Officer
Glen Ostrander, Managing Advisor

OFS Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred stock is not an easy task. Is OFS Credit a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with OFS Credit

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 OFS Credit 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 OFS Credit will appreciate offsetting losses from the drop in the long position's value.

Moving together with OFS Preferred Stock

  0.78AB AllianceBernsteinPairCorr
  0.85AC Associated CapitalPairCorr
  0.94BK Bank of New York Fiscal Year End 10th of January 2025 PairCorr
  0.89BN Brookfield CorpPairCorr

Moving against OFS Preferred Stock

  0.64JPPYY Jupai HoldingsPairCorr
The ability to find closely correlated positions to OFS Credit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OFS Credit 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 OFS Credit - 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 OFS Credit to buy it.
The correlation of OFS Credit 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 OFS Credit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OFS Credit 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 OFS Credit 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in OFS Preferred Stock

OFS Credit financial ratios help investors to determine whether OFS Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in OFS with respect to the benefits of owning OFS Credit security.