The company holds a Beta of 0.32, which implies possible diversification benefits within a given portfolio. As returns on the market increase, OFX Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding OFX Group is expected to be smaller as well. OFX Group currently holds a risk of 0.0%. Please check OFX Group risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and day median price , to decide if OFX Group will be following its historical price patterns.
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Over the last 90 days OFX Group Ltd has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, OFX Group is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
Begin Period Cash Flow
275.3 M
Total Cashflows From Investing Activities
-15.7 M
OFX
OFX Group Relative Risk vs. Return Landscape
If you would invest 435.00 in OFX Group Ltd on December 2, 2024 and sell it today you would earn a total of 0.00 from holding OFX Group Ltd or generate 0.0% return on investment over 90 days. OFX Group Ltd is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than OFX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
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OFX Group Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for OFX Group's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as OFX Group Ltd, and traders can use it to determine the average amount a OFX Group's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average OFX Group is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of OFX Group by adding OFX Group to a well-diversified portfolio.
OFX Group Fundamentals Growth
OFX Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of OFX Group, and OFX Group fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on OFX Pink Sheet performance.
Evaluating OFX Group's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if OFX Group has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if OFX Group has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
OFX Group Limited provides international payments and foreign exchange services. OFX Group Limited was founded in 1998 and is headquartered in Sydney, Australia. Ofx Group operates under Capital Markets classification in the United States and is traded on OTC Exchange. It employs 450 people.
Things to note about OFX Group performance evaluation
Checking the ongoing alerts about OFX Group for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for OFX Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
OFX Group generated a negative expected return over the last 90 days
Evaluating OFX Group's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate OFX Group's pink sheet performance include:
Analyzing OFX Group's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether OFX Group's stock is overvalued or undervalued compared to its peers.
Examining OFX Group's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
Evaluating OFX Group's management team can have a significant impact on its success or failure. Reviewing the track record and experience of OFX Group's management team can help you assess the Company's leadership.
Pay attention to analyst opinions and ratings of OFX Group's pink sheet. These opinions can provide insight into OFX Group's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating OFX Group's pink sheet performance is not an exact science, and many factors can impact OFX Group's pink sheet market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Additional Tools for OFX Pink Sheet Analysis
When running OFX Group's price analysis, check to measure OFX Group'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 OFX Group is operating at the current time. Most of OFX Group's value examination focuses on studying past and present price action to predict the probability of OFX Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OFX Group's price. Additionally, you may evaluate how the addition of OFX Group to your portfolios can decrease your overall portfolio volatility.