OceanFirst Stock Market Value

OCFC
 Stock
  

USD 21.42  0.05  0.23%   

OceanFirst Financial's market value is the price at which a share of OceanFirst Financial stock trades on a public exchange. It measures the collective expectations of OceanFirst Financial Corp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of OceanFirst Financial Corp and determine expected loss or profit from investing in OceanFirst Financial over a given investment horizon. Please check OceanFirst Financial Hype Analysis, OceanFirst Financial Correlation, OceanFirst Financial Valuation, OceanFirst Financial Volatility, as well as analyze OceanFirst Financial Alpha and Beta and OceanFirst Financial Performance.
Symbol


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
-0.041
Market Capitalization
1.3 B
Quarterly Revenue Growth YOY
0.052
Return On Assets
0.0085
Return On Equity
0.0674
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.

OceanFirst Financial 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to OceanFirst Financial's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of OceanFirst Financial.
0.00
06/18/2022
No Change 0.00  0.0 
In 2 months and 2 days
08/17/2022
0.00
If you would invest  0.00  in OceanFirst Financial on June 18, 2022 and sell it all today you would earn a total of 0.00 from holding OceanFirst Financial Corp or generate 0.0% return on investment in OceanFirst Financial over 60 days. OceanFirst Financial is related to or competes with Atai Life. OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.AMore

OceanFirst Financial Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure OceanFirst Financial's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess OceanFirst Financial Corp upside and downside potential and time the market with a certain degree of confidence.

OceanFirst Financial Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for OceanFirst Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OceanFirst Financial's standard deviation. In reality, there are many statistical measures that can use OceanFirst Financial historical prices to predict the future OceanFirst Financial's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of OceanFirst Financial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of OceanFirst Financial in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
19.9921.3222.65
Details
Intrinsic
Valuation
LowReal ValueHigh
19.2825.3826.71
Details
Naive
Forecast
LowNext ValueHigh
20.3421.6723.01
Details
8 Analysts
Consensus
LowTarget PriceHigh
24.5026.4431.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as OceanFirst Financial. Your research has to be compared to or analyzed against OceanFirst Financial's peers to derive any actionable benefits. When done correctly, OceanFirst Financial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in OceanFirst Financial Corp.

OceanFirst Financial Corp Backtested Returns

OceanFirst Financial appears to be very steady, given 3 months investment horizon. OceanFirst Financial Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had 0.18% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for OceanFirst Financial Corp, which you can use to evaluate the future volatility of the company. Please evaluate OceanFirst Financial's Risk Adjusted Performance of 0.2009, coefficient of variation of 624.23, and Semi Deviation of 1.18 to confirm if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, OceanFirst Financial holds a performance score of 13. The company holds a Beta of 0.7664, which implies possible diversification benefits within a given portfolio. Let's try to break down what OceanFirst's beta means in this case. As returns on the market increase, OceanFirst Financial returns are expected to increase less than the market. However, during the bear market, the loss on holding OceanFirst Financial will be expected to be smaller as well. Although it is important to respect OceanFirst Financial Corp current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing OceanFirst Financial Corp technical indicators, you can presently evaluate if the expected return of 0.24% will be sustainable into the future. Please employ OceanFirst Financial Corp information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance to make a quick decision on whether OceanFirst Financial historical price patterns will revert.

Auto-correlation

    
  0.12  

Insignificant predictability

OceanFirst Financial Corp has insignificant predictability. Overlapping area represents the amount of predictability between OceanFirst Financial time series from 18th of June 2022 to 18th of July 2022 and 18th of July 2022 to 17th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of OceanFirst Financial Corp price movement. The serial correlation of 0.12 indicates that less than 12.0% of current OceanFirst Financial price fluctuation can be explain by its past prices.
Correlation Coefficient0.12
Spearman Rank Test0.22
Residual Average0.0
Price Variance0.29

OceanFirst Financial Corp lagged returns against current returns

Autocorrelation, which is OceanFirst Financial stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting OceanFirst Financial's stock expected returns. We can calculate the autocorrelation of OceanFirst Financial returns to help us make a trade decision. For example, suppose you find that OceanFirst Financial stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

OceanFirst Financial regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If OceanFirst Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OceanFirst Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OceanFirst Financial stock over time.
   Current vs Lagged Prices   
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       Timeline  

OceanFirst Financial Lagged Returns

When evaluating OceanFirst Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OceanFirst Financial stock have on its future price. OceanFirst Financial autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, OceanFirst Financial autocorrelation shows the relationship between OceanFirst Financial stock current value and its past values and can show if there is a momentum factor associated with investing in OceanFirst Financial Corp.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in OceanFirst Financial without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check OceanFirst Financial Hype Analysis, OceanFirst Financial Correlation, OceanFirst Financial Valuation, OceanFirst Financial Volatility, as well as analyze OceanFirst Financial Alpha and Beta and OceanFirst Financial Performance. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for OceanFirst Stock analysis

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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OceanFirst Financial 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.
A focus of OceanFirst Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of OceanFirst Financial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...