Ofs Capital Corp Stock Technical Analysis
| OFS Stock | USD 8.12 0.03 0.37% |
As of the 25th of November, OFS Capital holds the Market Risk Adjusted Performance of 0.2404, semi deviation of 1.34, and Risk Adjusted Performance of 0.0506. Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of OFS Capital, as well as the relationship between them. Please check OFS Capital Corp information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if OFS Capital Corp is priced more or less accurately, providing market reflects its current price of 8.12 per share. Given that OFS Capital has jensen alpha of 0.0365, we recommend you to check out OFS Capital Corp's recent market performance to make sure the company can sustain itself at some point in the future.
OFS Capital Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as OFS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OFSOFS |
OFS Capital Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 11.0 | Hold | 2 | Odds |
Most OFS 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 OFS stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of OFS Capital Corp, talking to its executives and customers, or listening to OFS conference calls.
OFS Capital 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.
OFS Capital Corp Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 OFS Capital Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
OFS Capital Corp Trend Analysis
Use this graph to draw trend lines for OFS Capital Corp. You can use it to identify possible trend reversals for OFS Capital 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 OFS Capital price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.OFS Capital Best Fit Change Line
The following chart estimates an ordinary least squares regression model for OFS Capital Corp applied against its price change over selected period. The best fit line has a slop of 0.0028 , which may imply that the returns on investment in OFS Capital Corp will continue to fail. It has 122 observation points and a regression sum of squares at 0.29, which is the sum of squared deviations for the predicted OFS Capital price change compared to its average price change.About OFS Capital 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 OFS Capital Corp 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 OFS Capital Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on OFS Capital Corp price pattern first instead of the macroeconomic environment surrounding OFS Capital Corp. By analyzing OFS Capital'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 OFS Capital'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 OFS Capital specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2024 (projected) | Dividend Yield | 0.0826 | 0.088 | Price To Sales Ratio | 2.14 | 3.27 |
OFS Capital November 25, 2024 Technical Indicators
Most technical analysis of OFS 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 OFS from various momentum indicators to cycle indicators. When you analyze OFS 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 | 0.0506 | |||
| Market Risk Adjusted Performance | 0.2404 | |||
| Mean Deviation | 0.991 | |||
| Semi Deviation | 1.34 | |||
| Downside Deviation | 1.58 | |||
| Coefficient Of Variation | 1670.15 | |||
| Standard Deviation | 1.45 | |||
| Variance | 2.09 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | 0.0365 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.2304 | |||
| Maximum Drawdown | 9.3 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 2.26 | |||
| Downside Variance | 2.5 | |||
| Semi Variance | 1.78 | |||
| Expected Short fall | (1.21) | |||
| Skewness | (0.41) | |||
| Kurtosis | 2.57 |
OFS Capital November 25, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as OFS stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 442.00 | ||
| Daily Balance Of Power | (0.43) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 8.14 | ||
| Day Typical Price | 8.13 | ||
| Price Action Indicator | (0.03) |
Additional Tools for OFS Stock Analysis
When running OFS Capital's price analysis, check to measure OFS Capital'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 OFS Capital is operating at the current time. Most of OFS Capital's value examination focuses on studying past and present price action to predict the probability of OFS Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OFS Capital's price. Additionally, you may evaluate how the addition of OFS Capital to your portfolios can decrease your overall portfolio volatility.