Ollies Stock Performance

OLLI
 Stock
  

USD 56.55  5.08  9.87%   

The company holds a Beta of 1.4354, which implies a somewhat significant risk relative to the market. Let's try to break down what Ollies's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ollies Bargain will likely underperform. Even though it is essential to pay attention to Ollies Bargain CS current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our philosophy towards forecasting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Ollies Bargain CS exposes twenty-one different technical indicators, which can help you to evaluate its performance. Ollies Bargain CS has an expected return of -0.37%. Please be advised to check Ollies Bargain CS jensen alpha, as well as the relationship between the potential upside and skewness to decide if Ollies Bargain CS performance from the past will be repeated at some point in the near future.
  
Ollies Performance
0 of 100
Over the last 90 days Ollies Bargain CS has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's essential indicators remain nearly stable which may send shares a bit higher in October 2022. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more

Ollies Price Channel

Quick Ratio0.87
Fifty Two Week Low37.67
Target High Price79.00
Fifty Two Week High75.27
Target Low Price50.00

Ollies Bargain Relative Risk vs. Return Landscape

If you would invest  6,626  in Ollies Bargain CS on July 2, 2022 and sell it today you would lose (1,479)  from holding Ollies Bargain CS or give up 22.32% of portfolio value over 90 days. Ollies Bargain CS is currently does not generate positive expected returns and assumes 2.886% risk (volatility on return distribution) over the 90 days horizon. In different words, 25% of stocks are less volatile than Ollies, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Ollies Bargain is expected to under-perform the market. In addition to that, the company is 2.52 times more volatile than its market benchmark. It trades about -0.13 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of volatility.

Ollies Bargain Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ollies Bargain's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ollies Bargain CS, and traders can use it to determine the average amount a Ollies Bargain's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1265

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsOLLI
Estimated Market Risk
 2.89
  actual daily
 
 25 %
of total potential
 
2525
Expected Return
 -0.37
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.13
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Ollies Bargain is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ollies Bargain by adding it to a well-diversified portfolio.

About Ollies Bargain Performance

To evaluate Ollies Bargain CS Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Ollies Bargain generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Ollies Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Ollies Bargain CS market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Ollies's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Ollies Bargain Outlet Holdings, Inc. operates as a retailer of brand name merchandise. Ollies Bargain Outlet Holdings, Inc. was founded in 1982 and is headquartered in Harrisburg, Pennsylvania. Ollies Bargain operates under Discount Stores classification in the United States and is traded on NASDAQ Exchange. It employs 4700 people.

Things to note about Ollies Bargain CS

Checking the ongoing alerts about Ollies Bargain for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ollies Bargain CS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Ollies Bargain Alerts

Equity Alerts and Improvement Suggestions

Ollies Bargain CS generated a negative expected return over the last 90 days
Please check Your Equity Center. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for analysis

When running Ollies Bargain CS price analysis, check to measure Ollies Bargain'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 Ollies Bargain is operating at the current time. Most of Ollies Bargain's value examination focuses on studying past and present price action to predict the probability of Ollies Bargain's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ollies Bargain's price. Additionally, you may evaluate how the addition of Ollies Bargain to your portfolios can decrease your overall portfolio volatility.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Is Ollies Bargain'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 Ollies Bargain. If investors know Ollies 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 Ollies Bargain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Ollies Bargain CS is measured differently than its book value, which is the value of Ollies that is recorded on the company's balance sheet. Investors also form their own opinion of Ollies Bargain's value that differs from its market value or its book value, called intrinsic value, which is Ollies Bargain'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 Ollies Bargain's market value can be influenced by many factors that don't directly affect Ollies Bargain'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 Ollies Bargain's value and its price as these two are different measures arrived at by different means. Investors typically determine Ollies Bargain value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ollies Bargain'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.