OFS Capital Skewness
| OFS Stock | | | USD 3.77 -0.02 -0.53% |
Skewness describes asymmetry of returns from the normal distribution. It can come in the form of negative skewness or positive skewness, depending on whether data points are skewed to the left (negative skew) or to the right (positive skew) of the data average. Below is OFS Capital's current Skewness with peer comparisons and related risk metrics.
Current Skewness Value
The current Skewness of 0.7069 places OFS Capital at moderate positive skew — the return distribution leans toward larger upside moves. OFS Capital's returns show a greater frequency or magnitude of positive outliers relative to negative ones.
Skewness Peers Comparison
The peer group averages 0.13 for Skewness, with OFS Capital at 0.7069 falling above that level. Readings span -0.6808 (Fifth District Bancorp) to 1.14 (Income Opportunity Realty). OFS Capital's positive skew relative to peers indicates a higher frequency of large upside moves.
Skewness Relative To Other Indicators
The chart below plots Skewness against Maximum Drawdown for OFS Capital and its peers. Each point represents one equity — position along the horizontal axis shows Skewness while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Comparing Skewness (
0.71 ) to Maximum Drawdown (
17.27 ) for OFS Capital yields a
24.44 multiple. This indicates Maximum Drawdown substantially exceeds Skewness for OFS Capital.
Methodology, Assumptions & Data Sources
The current Skewness for OFS Capital is 0.7069. The Skewness for OFS Capital is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. OFS Capital operates in the financial services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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