Ohio Valley Banc Stock Alpha and Beta Analysis
| OVBC Stock | USD 27.75 0.09 0.32% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Ohio Valley Banc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Ohio Valley over a specified time horizon. Remember, high Ohio Valley'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 Ohio Valley's market risk premium analysis include:
Beta 0.66 | Alpha 0.21 | Risk 2.11 | Sharpe Ratio 0.12 | Expected Return 0.26 |
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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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Ohio Valley Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Ohio Valley market risk premium is the additional return an investor will receive from holding Ohio Valley 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 Ohio Valley. 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 Ohio Valley's performance over market.| α | 0.21 | β | 0.66 |
Ohio Valley 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 Ohio Valley's Buy-and-hold return. Our buy-and-hold chart shows how Ohio Valley performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Ohio Valley Market Price Analysis
Market price analysis indicators help investors to evaluate how Ohio Valley stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ohio Valley shares will generate the highest return on investment. By understating and applying Ohio Valley stock market price indicators, traders can identify Ohio Valley position entry and exit signals to maximize returns.
Ohio Valley Return and Market Media
The median price of Ohio Valley for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 24.02 with a coefficient of variation of 4.32. The daily time series for the period is distributed with a sample standard deviation of 1.04, arithmetic mean of 24.08, and mean deviation of 0.7. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Top US Dividend Stocks To Consider In September 2024 - Yahoo Finance | 09/05/2024 |
2 | When Moves Investors should Listen - Stock Traders Daily | 09/24/2024 |
3 | Ohio Valley declares 0.22 dividend | 10/15/2024 |
4 | Ohio Valley Banc Corp. Pays A US0.22 Dividend In Just Three Days | 10/21/2024 |
5 | Acquisition by Barnitz Anna P of tradable shares of Ohio Valley at 23.5609 subject to Rule 16b-3 | 10/25/2024 |
6 | Ohio Valley Banc Q3 Earnings Snapshot | 10/28/2024 |
7 | Acquisition by Bell Edward Allen of 5197 shares of Ohio Valley at 31.171 subject to Rule 16b-3 | 11/07/2024 |
8 | Ohio Valley Banc Now Covered by Analysts at StockNews.com - MarketBeat | 11/18/2024 |
9 | Acquisition by Michael Seth Isaac of tradable shares of Ohio Valley at 25.3354 subject to Rule 16b-3 | 11/22/2024 |
About Ohio Valley 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 Ohio or other stocks. Alpha measures the amount that position in Ohio Valley Banc 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 | 2023 | 2024 (projected) | Dividend Yield | 0.0283 | 0.0444 | 0.0249 | Price To Sales Ratio | 2.79 | 1.94 | 3.19 |
Ohio Valley Upcoming Company Events
As portrayed in its financial statements, the presentation of Ohio Valley's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ohio Valley's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Ohio Valley's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Ohio Valley. Please utilize our Beneish M Score to check the likelihood of Ohio Valley's management manipulating its earnings.
| 25th of April 2024 Upcoming Quarterly Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View |
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Check out Ohio Valley Backtesting, Ohio Valley Valuation, Ohio Valley Correlation, Ohio Valley Hype Analysis, Ohio Valley Volatility, Ohio Valley History and analyze Ohio Valley Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Ohio Valley 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.