Ofg Bancorp Stock Technical Analysis
| OFG Stock | USD 44.41 0.97 2.23% |
As of the 22nd of November, OFG Bancorp holds the semi deviation of 2.06, and Risk Adjusted Performance of 0.0343. In respect to fundamental indicators, the technical analysis model allows you to check helpful technical drivers of OFG Bancorp, as well as the relationship between them. Please check OFG Bancorp information ratio, as well as the relationship between the value at risk and expected short fall to decide if OFG Bancorp is priced fairly, providing market reflects its current price of 44.41 per share. Given that OFG Bancorp has jensen alpha of (0.12), we recommend you to check out OFG Bancorp's recent market performance to make sure the company can sustain itself in the future.
OFG Bancorp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as OFG, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OFGOFG |
OFG Bancorp Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 37.63 | Strong Buy | 4 | Odds |
Most OFG analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand OFG stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of OFG Bancorp, talking to its executives and customers, or listening to OFG conference calls.
OFG Bancorp 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.
OFG Bancorp Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of OFG Bancorp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
OFG Bancorp Trend Analysis
Use this graph to draw trend lines for OFG Bancorp. You can use it to identify possible trend reversals for OFG Bancorp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual OFG Bancorp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.OFG Bancorp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for OFG Bancorp applied against its price change over selected period. The best fit line has a slop of 0.03 , which may imply that the returns on investment in OFG Bancorp will continue to fail. It has 122 observation points and a regression sum of squares at 24.28, which is the sum of squared deviations for the predicted OFG Bancorp price change compared to its average price change.About OFG Bancorp Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of OFG Bancorp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of OFG Bancorp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on OFG Bancorp price pattern first instead of the macroeconomic environment surrounding OFG Bancorp. By analyzing OFG Bancorp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of OFG Bancorp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to OFG Bancorp specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0155 | 0.0227 | 0.0232 | 0.022 | Price To Sales Ratio | 2.5 | 2.16 | 2.82 | 3.18 |
OFG Bancorp November 22, 2024 Technical Indicators
Most technical analysis of OFG help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for OFG from various momentum indicators to cycle indicators. When you analyze OFG charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0343 | |||
| Market Risk Adjusted Performance | 0.0498 | |||
| Mean Deviation | 1.47 | |||
| Semi Deviation | 2.06 | |||
| Downside Deviation | 2.18 | |||
| Coefficient Of Variation | 2776.29 | |||
| Standard Deviation | 2.44 | |||
| Variance | 5.95 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0398 | |||
| Maximum Drawdown | 17.6 | |||
| Value At Risk | (2.63) | |||
| Potential Upside | 3.27 | |||
| Downside Variance | 4.76 | |||
| Semi Variance | 4.25 | |||
| Expected Short fall | (1.60) | |||
| Skewness | 1.47 | |||
| Kurtosis | 11.44 |
Complementary Tools for OFG Stock analysis
When running OFG Bancorp's price analysis, check to measure OFG Bancorp'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 OFG Bancorp is operating at the current time. Most of OFG Bancorp's value examination focuses on studying past and present price action to predict the probability of OFG Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OFG Bancorp's price. Additionally, you may evaluate how the addition of OFG Bancorp to your portfolios can decrease your overall portfolio volatility.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |