Oceanfirst Stock Buy Hold or Sell Recommendation

OCFCP
 Stock
  

USD 26.02  0.02  0.08%   

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Oceanfirst Financial Corp is 'Cautious Hold'. Macroaxis provides Oceanfirst Financial buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OCFCP positions. The advice algorithm takes into account all of Oceanfirst Financial's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from Oceanfirst Financial's buy-and-hold perspective. Please check Oceanfirst Financial 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 Oceanfirst and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Oceanfirst Financial Corp.

Execute Oceanfirst Financial Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Oceanfirst FinancialBuy Oceanfirst Financial
Cautious Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

HighDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon Oceanfirst Financial Corp has a Mean Deviation of 0.9879, Semi Deviation of 1.45, Standard Deviation of 1.49, Variance of 2.23, Downside Variance of 3.17 and Semi Variance of 2.11
Our recommendation module complements current analysts and expert consensus on Oceanfirst Financial. It analyzes the company potential to grow using all fundamental, technical, and market related data available at the time. To make sure Oceanfirst Financial is not overpriced, please check all Oceanfirst Financial Corp fundamentals, including its cash and equivalents, and the relationship between the price to book and cash flow from operations . Given that Oceanfirst Financial Corp has a net income of 99.12 M, we recommend you to check out Oceanfirst Financial Corp 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.

Oceanfirst Financial Trading Alerts and Improvement Suggestions

Oceanfirst Financial has high likelihood to experience some financial distress in the next 2 years

Oceanfirst Financial Returns Distribution Density

The distribution of Oceanfirst Financial's historical returns is an attempt to chart the future uncertainty of Oceanfirst Financial's future price movements. The chart of the probability distribution of Oceanfirst Financial stock daily returns describes the distribution of returns around its average expected value. We use Oceanfirst Financial Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Oceanfirst Financial returns is essential to provide solid investment advice for Oceanfirst Financial stock.
Mean Return0.0087Value At Risk-3.02
Potential Upside2.42Standard Deviation1.49
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Oceanfirst Financial 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.

Oceanfirst Financial 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 Oceanfirst Financial 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 Oceanfirst Financial 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 Oceanfirst 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
0.040684
β
Beta against DOW0.28
σ
Overall volatility
1.52
Ir
Information ratio 0.10

Oceanfirst Financial Volatility Alert

Oceanfirst Financial Corp has relatively low volatility with skewness of -0.33 and kurtosis of 2.07. However, we advise all investors to independently investigate Oceanfirst Financial Corp to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Oceanfirst Financial'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 Oceanfirst Financial'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.

Oceanfirst Financial Implied Volatility

Oceanfirst Financial's implied volatility exposes the market's sentiment of Oceanfirst Financial Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Oceanfirst Financial'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 Oceanfirst Financial stock will not fluctuate a lot when Oceanfirst Financial's options are near their expiration.

Oceanfirst Financial Fundamentals Vs Peers

Comparing Oceanfirst Financial'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 Oceanfirst Financial's direct or indirect competition across all of the common fundamentals between Oceanfirst Financial and the related equities. This way, we can detect undervalued stocks with similar characteristics as Oceanfirst Financial or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Oceanfirst Financial's fundamental indicators could also be used in its relative valuation, which is a method of valuing Oceanfirst Financial by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Oceanfirst Financial to competition
FundamentalsOceanfirst FinancialPeer Average
Return On Equity6.84 %(0.31) %
Return On Asset0.87 %(0.14) %
Profit Margin28.24 %(1.27) %
Operating Margin43.49 %(5.51) %
Current Valuation1.71 B16.62 B
Number of Shares Shorted6144.71 M
Price to Earning15.58 X28.72 X
Price to Book1.01 X9.51 X
Revenue365.27 M9.43 B
Gross Profit369.1 M27.38 B
Net Income99.12 M570.98 M
Cash and Equivalents256.53 M2.7 B
Cash per Share4.35 X5.01 X
Total Debt447.54 M5.32 B
Book Value Per Share25.75 X1.93 K
Cash Flow from Operations180.74 M971.22 M
Short Ratio0.18 X4.00 X
Earnings Per Share1.67 X3.12 X
Number of Employees89418.84 K
Beta0.84-0.15
Last Dividend Paid1.75

Oceanfirst Financial Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Oceanfirst . 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 Distribution0.38
Daily Balance Of Power2.0
Rate Of Daily Change1.0
Day Median Price26.02
Day Typical Price26.02
Market Facilitation Index0.0
Price Action Indicator0.015

About Oceanfirst Financial Buy or Sell Advice

When is the right time to buy or sell Oceanfirst Financial Corp? Buying financial instruments such as Oceanfirst 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 Oceanfirst Financial 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 Oceanfirst Financial 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.

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Precious Metals
Precious Metals Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Precious Metals theme has 61 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 Precious Metals Theme or any other thematic opportunities.
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Please check Oceanfirst Financial 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 Oceanfirst Financial Corp information on this page should be used as a complementary analysis to other Oceanfirst Financial'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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running Oceanfirst Financial Corp price analysis, check to measure Oceanfirst Financial'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 Oceanfirst Financial is operating at the current time. Most of Oceanfirst Financial's value examination focuses on studying past and present price action to predict the probability of Oceanfirst Financial's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Oceanfirst Financial's price. Additionally, you may evaluate how the addition of Oceanfirst Financial to your portfolios can decrease your overall portfolio volatility.
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Is Oceanfirst Financial'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 Oceanfirst Financial. If investors know Oceanfirst 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 Oceanfirst Financial 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
-0.21
Quarterly Revenue Growth YOY
-0.04
Return On Assets
0.0087
Return On Equity
0.0684
The market value of Oceanfirst Financial Corp is measured differently than its book value, which is the value of Oceanfirst that is recorded on the company's balance sheet. Investors also form their own opinion of Oceanfirst Financial's value that differs from its market value or its book value, called intrinsic value, which is Oceanfirst Financial'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 Oceanfirst Financial's market value can be influenced by many factors that don't directly affect Oceanfirst Financial'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 Oceanfirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine Oceanfirst Financial value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceanfirst Financial'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.