Ofs Credit Stock Today

OCCI
 Stock
  

USD 9.45  0.23  2.38%   

Market Performance
0 of 100
Odds Of Distress
Over 74
Ofs Credit is trading at 9.45 as of the 29th of June 2022. This is a -2.38 percent decrease since the beginning of the trading day. The stock's open price was 9.68. Ofs Credit has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Ofs Credit are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of July 2020 and ending today, the 29th of June 2022. Click here to learn more.
CUSIP
67111Q107
Fiscal Year End
October
IPO Date
5th of October 2018
Category
Financial Services
ISIN
US67111Q1076
Ofs Credit operates under Asset Management classification in the United States and is traded on NASDAQ Exchange. The company has 8.84 M outstanding shares of which 7.42 K shares are now shorted by private and institutional investors with about 0.23 trading days to cover. More on Ofs Credit

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Follow Valuation Odds of Bankruptcy
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Ofs Credit Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Ofs Credit's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ofs Credit or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
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 currently holds about 6 M in cash with (65.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.75.
Latest headline from www.wsiltv.com: OFS Credit Company Declares Common and Preferred Stock Distributions - WSIL TV
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Ofs Credit's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Ofs Credit (OCCI) is traded on NASDAQ Exchange in USA . The company currently falls under 'Micro-Cap' category with current market capitalization of 85.55 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ofs Credit's market, we take the total number of its shares issued and multiply it by Ofs Credit's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Ofs Credit conducts business under Financial Services sector and is part of Asset Management industry. The entity has 8.84 M outstanding shares of which 7.42 K shares are now shorted by private and institutional investors with about 0.23 trading days to cover. Ofs Credit currently holds about 6 M in cash with (65.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.75.
Check Ofs Credit Probability Of Bankruptcy
Ownership
Ofs Credit has a total of 8.84 Million outstanding shares. Ofs Credit holds 11.86 pct. if its outstanding shares held by insiders and 11.86 pct. owned by third-party entities . Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Ofs Credit Ownership Details

Ofs Credit Stock Price Odds Analysis

What are Ofs Credit's target price odds to finish over the current price? In reference to a normal probability distribution, the odds of Ofs Credit jumping above the current price in 90 days from now is more than 93.0%. The Ofs Credit probability density function shows the probability of Ofs Credit stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Ofs Credit has a beta of -0.0463. This indicates as returns on benchmark increase, returns on holding Ofs Credit are expected to decrease at a much lower rate. During the bear market, however, Ofs Credit is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Ofs Credit is significantly underperforming DOW.
  Odds Below 9.45HorizonTargetOdds Above 9.45
6.56%90 days
 9.45 
93.39%
Based on a normal probability distribution, the odds of Ofs Credit to move above the current price in 90 days from now is more than 93.0 (This Ofs Credit probability density function shows the probability of Ofs Credit Stock to fall within a particular range of prices over 90 days) .

Ofs Credit Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ofs Credit market risk premium is the additional return an investor will receive from holding Ofs Credit long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ofs Credit. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ofs Credit's alpha and beta are two of the key measurements used to evaluate Ofs Credit's performance over the market, the standard measures of volatility play an important role as well.

Ofs Credit Stock Against Markets

Picking the right benchmark for Ofs Credit stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ofs Credit stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ofs Credit is critical whether you are bullish or bearish towards Ofs Credit at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ofs Credit 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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Investing Ofs Credit

You need to understand the risk of investing before taking a position in Ofs Credit. The danger of trading Ofs Credit is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ofs Credit is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ofs Credit. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ofs Credit is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Your Equity Center. 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Ofs Credit 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.
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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 Ofs Credit 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
Market Capitalization
78.4 M
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 Ofs Credit 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.