Ofs Credit Preferred Stock Current Valuation
| OCCIN Preferred Stock | USD 23.85 0.15 0.62% |
Valuation analysis of OFS Credit helps investors to measure OFS Credit's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that OFS Credit's price fluctuation is very steady at this time. Calculation of the real value of OFS Credit is based on 3 months time horizon. Increasing OFS Credit's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since OFS Credit is currently traded on the exchange, buyers and sellers on that exchange determine the market value of OFS Preferred Stock. However, OFS Credit's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 23.85 | Real 19.85 | Hype 23.85 | Naive 24.01 |
The intrinsic value of OFS Credit's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence OFS Credit's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of OFS Credit helps investors to forecast how OFS preferred stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of OFS Credit more accurately as focusing exclusively on OFS Credit's fundamentals will not take into account other important factors: OFS Credit Company Current Valuation Analysis
OFS Credit's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, OFS Credit has a Current Valuation of 0.0. This is 100.0% lower than that of the Financial Services sector and 100.0% lower than that of the Asset Management industry. The current valuation for all United States preferred stocks is 100.0% higher than that of the company.
OFS Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses OFS Credit's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of OFS Credit could also be used in its relative valuation, which is a method of valuing OFS Credit by comparing valuation metrics of similar companies.OFS Credit is currently under evaluation in current valuation category among its peers.
OFS Fundamentals
| Return On Equity | -0.13 | ||||
| Return On Asset | 0.0667 | ||||
| Profit Margin | (0.52) % | ||||
| Operating Margin | 0.66 % | ||||
| Shares Owned By Institutions | 4.91 % | ||||
| Number Of Shares Shorted | 502 | ||||
| Price To Earning | 8.36 X | ||||
| Revenue | (10.38 M) | ||||
| Gross Profit | 26.22 M | ||||
| Net Income | (13.59 M) | ||||
| Cash And Equivalents | 8.68 M | ||||
| Cash Per Share | 1.00 X | ||||
| Total Debt | 62.19 M | ||||
| Debt To Equity | 0.67 % | ||||
| Current Ratio | 3.62 X | ||||
| Book Value Per Share | 9.98 X | ||||
| Cash Flow From Operations | (14.6 M) | ||||
| Short Ratio | 0.44 X | ||||
| Earnings Per Share | 0.50 X | ||||
| Beta | 1.51 | ||||
| Total Asset | 159.03 M | ||||
| Annual Yield | 0.06 % | ||||
| Net Asset | 159.03 M | ||||
| Last Dividend Paid | 2.2 |
About OFS Credit Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze OFS Credit's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OFS Credit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OFS Credit based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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
| 0.78 | AB | AllianceBernstein | PairCorr |
| 0.85 | AC | Associated Capital | PairCorr |
| 0.94 | BK | Bank of New York Fiscal Year End 10th of January 2025 | PairCorr |
| 0.89 | BN | Brookfield Corp | PairCorr |
Moving against OFS Preferred Stock
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.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.