Ofs Credit Stock Alpha and Beta Analysis
| OCCI Stock | USD 7.07 0.03 0.42% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as OFS Credit. It also helps investors analyze the systematic and unsystematic risks associated with investing in OFS Credit over a specified time horizon. Remember, high OFS Credit's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to OFS Credit's market risk premium analysis include:
Beta 0.18 | Alpha 0.0232 | Risk 1.01 | Sharpe Ratio 0.0426 | Expected Return 0.0431 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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OFS Credit Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. OFS Credit market risk premium is the additional return an investor will receive from holding OFS Credit long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in OFS Credit. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate OFS Credit's performance over market.| α | 0.02 | β | 0.18 |
OFS Credit expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of OFS Credit's Buy-and-hold return. Our buy-and-hold chart shows how OFS Credit performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.OFS Credit Market Price Analysis
Market price analysis indicators help investors to evaluate how OFS Credit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OFS Credit shares will generate the highest return on investment. By understating and applying OFS Credit stock market price indicators, traders can identify OFS Credit position entry and exit signals to maximize returns.
OFS Credit Return and Market Media
The median price of OFS Credit for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 7.11 with a coefficient of variation of 1.95. The daily time series for the period is distributed with a sample standard deviation of 0.14, arithmetic mean of 7.1, and mean deviation of 0.12. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 551 shares by Eagle Point Credit Management Llc of OFS Credit at 24.42 subject to Rule 16b-3 | 08/29/2024 |
| OFS Credit dividend paid on 30th of August 2024 | 08/30/2024 |
3 | Disposition of 129 shares by Eagle Point Credit Management Llc of OFS Credit at 23.3 subject to Rule 16b-3 | 09/10/2024 |
4 | Disposition of 189 shares by Eagle Point Credit Management Llc of OFS Credit at 24.46 subject to Rule 16b-3 | 09/11/2024 |
5 | OFS Credit Company, Inc. Announces Monthly Dividend of 0.12 | 09/19/2024 |
| OFS Credit dividend paid on 20th of September 2024 | 09/20/2024 |
6 | Eagle Point entities sell 32,340 in OFS Credit Company preferred stock | 09/23/2024 |
7 | Insider Trading | 09/25/2024 |
| OFS Credit dividend paid on 30th of September 2024 | 09/30/2024 |
8 | Disposition of 9343 shares by Eagle Point Credit Management Llc of OFS Credit at 22.66 subject to Rule 16b-3 | 10/04/2024 |
9 | Disposition of 1375 shares by Eagle Point Credit Management Llc of OFS Credit at 23.52 subject to Rule 16b-3 | 10/22/2024 |
| OFS Credit dividend paid on 31st of October 2024 | 10/31/2024 |
10 | Karpus Management, Inc. Acquires New Stake in OFS Credit Co Inc - GuruFocus.com | 11/13/2024 |
11 | Disposition of 76601 shares by Eagle Point Credit Management Llc of OFS Credit at 22.84 subject to Rule 16b-3 | 11/18/2024 |
12 | OFS Credit Company, Inc. NT 29 goes ex dividend tomorrow - MSN | 11/20/2024 |
About OFS Credit Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including OFS or other stocks. Alpha measures the amount that position in OFS Credit has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | PTB Ratio | 0.84 | 0.59 | 0.53 | 0.51 | Dividend Yield | 0.0461 | 0.0708 | 0.0814 | 0.084 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards OFS Credit in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, OFS Credit's short interest history, or implied volatility extrapolated from OFS Credit options trading.
Build Portfolio with OFS Credit
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out OFS Credit Backtesting, OFS Credit Valuation, OFS Credit Correlation, OFS Credit Hype Analysis, OFS Credit Volatility, OFS Credit History and analyze OFS Credit Performance. For more detail on how to invest in OFS Stock please use our How to Invest in OFS Credit guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
OFS Credit technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.