OCCIO Stock Buy Hold or Sell Recommendation

OCCIO -  USA Stock  

USD 24.23  0.05  0.21%

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Ofs Credit is 'Hold'. Macroaxis provides Ofs Credit buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OCCIO positions. The advice algorithm takes into account all of Ofs Credit's available fundamental, technical, and predictive indicators you will find on this site.
  
Refresh
The advice is provided from Ofs Credit's buy-and-hold perspective. Please check Ofs Credit Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as OCCIO and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Ofs Credit.

Execute Ofs Credit Buy or Sell Advice

The OCCIO recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ofs Credit. Macroaxis does not own or have any residual interests in Ofs Credit or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ofs Credit's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Ofs CreditBuy Ofs Credit
Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

HighDetails

Economic Sensitivity

Ignores market trendsDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon Ofs Credit has a Risk Adjusted Performance of (0.06) and Total Risk Alpha of 0.0134
Our recommendation module complements current analysts and expert consensus on Ofs Credit. It analyzes the company potential to grow using all fundamental, technical, and market related data available at the time. To make sure Ofs Credit is not overpriced, please check all Ofs Credit fundamentals, including its price to book, cash per share, as well as the relationship between the Cash per Share and cash flow from operations . Given that Ofs Credit has a shares owned by institutions of 3.86 %, we recommend you to check out Ofs Credit market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Ofs Credit Trading Alerts and Improvement Suggestions

Ofs Credit generated a negative expected return over the last 90 days
Ofs Credit has high likelihood to experience some financial distress in the next 2 years
Ofs Credit has accumulated about 8.31 M in cash with (54.77 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.0.
Latest headline from www.benzinga.com: OFS Credit Company Provides May 2022 Net Asset Value Update - Benzinga

Ofs Credit Returns Distribution Density

The distribution of Ofs Credit's historical returns is an attempt to chart the future uncertainty of Ofs Credit's future price movements. The chart of the probability distribution of Ofs Credit stock daily returns describes the distribution of returns around its average expected value. We use Ofs Credit price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ofs Credit returns is essential to provide solid investment advice for Ofs Credit stock.
Mean Return-0.01Value At Risk-0.85
Potential Upside0.73Standard Deviation0.47
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ofs Credit historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Ofs Credit Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Ofs Credit or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Ofs Credit stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a OCCIO stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
0.00
β
Beta against DOW0.00
σ
Overall volatility
0.45
Ir
Information ratio 0.16

Ofs Credit Volatility Alert

Ofs Credit exhibits very low volatility with skewness of -0.43 and kurtosis of 2.08. However, we advise investors to further study Ofs Credit technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ofs Credit's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ofs Credit's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Ofs Credit Implied Volatility

Ofs Credit's implied volatility exposes the market's sentiment of Ofs Credit stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Ofs Credit's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Ofs Credit stock will not fluctuate a lot when Ofs Credit's options are near their expiration.

Ofs Credit Fundamentals Vs Peers

Comparing Ofs Credit's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Ofs Credit's direct or indirect competition across all of the common fundamentals between Ofs Credit and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ofs Credit or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ofs Credit's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ofs Credit by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Ofs Credit to competition
FundamentalsOfs CreditPeer Average
Return On Equity4.62 %(0.31) %
Return On Asset5.86 %(0.14) %
Profit Margin18.97 %(1.27) %
Operating Margin62.94 %(5.51) %
Current Valuation255.46 M16.62 B
Shares Owned by Institutions3.86 %39.21 %
Number of Shares Shorted2.51 K4.71 M
Price to Earning48.50 X28.72 X
Price to Book1.95 X9.51 X
Revenue21.9 M9.43 B
Gross Profit15.55 M27.38 B
Net Income4.15 M570.98 M
Cash and Equivalents8.31 M2.7 B
Cash per Share1.00 X5.01 X
Total Debt62.08 M5.32 B
Debt to Equity0.60 %48.70 %
Current Ratio4.12 X2.16 X
Book Value Per Share12.44 X1.93 K
Cash Flow from Operations(54.77 M)971.22 M
Short Ratio0.45 X4.00 X
Earnings Per Share0.50 X3.12 X
Beta1.61-0.15
Last Dividend Paid1.53

Ofs Credit Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as OCCIO . With many 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 Distribution19.69
Daily Balance Of Power0.3125
Rate Of Daily Change1.0
Day Median Price24.3
Day Typical Price24.28
Market Facilitation Index1.0E-4
Price Action Indicator(0.045)

About Ofs Credit Buy or Sell Advice

When is the right time to buy or sell Ofs Credit? Buying financial instruments such as OCCIO Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Ofs Credit investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Ofs Credit in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Airlines Thematic Idea Now

Airlines
Airlines Theme
Domestic and international airlines and airline services. The Airlines theme has 30 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Airlines Theme or any other thematic opportunities.
View All  Next Launch Airlines
Please check Ofs Credit Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Ofs Credit information on this page should be used as a complementary analysis to other Ofs Credit's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for OCCIO Stock analysis

When running Ofs Credit price analysis, check to measure Ofs Credit'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 Credit is operating at the current time. Most of Ofs Credit's value examination focuses on studying past and present price action to predict the probability of Ofs Credit's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ofs Credit's price. Additionally, you may evaluate how the addition of Ofs Credit to your portfolios can decrease your overall portfolio volatility.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Is Ofs Credit's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ofs Credit. If investors know OCCIO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ofs Credit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.91
Quarterly Revenue Growth YOY
1.18
Return On Assets
0.0586
Return On Equity
0.0462
The market value of Ofs Credit is measured differently than its book value, which is the value of OCCIO that is recorded on the company's balance sheet. Investors also form their own opinion of Ofs Credit's value that differs from its market value or its book value, called intrinsic value, which is Ofs Credit's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ofs Credit's market value can be influenced by many factors that don't directly affect Ofs Credit's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ofs Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine Ofs Credit value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ofs Credit's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.