Ofs Capital Corp Stock Probability of Future Stock Price Finishing Under 8.14

OFS Stock  USD 8.58  0.08  0.94%   
OFS Capital's future price is the expected price of OFS Capital instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of OFS Capital Corp performance during a given time horizon utilizing its historical volatility. Check out OFS Capital Backtesting, OFS Capital Valuation, OFS Capital Correlation, OFS Capital Hype Analysis, OFS Capital Volatility, OFS Capital History as well as OFS Capital Performance.
For more information on how to buy OFS Stock please use our How to Invest in OFS Capital guide.
  
At this time, OFS Capital's Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 3.76 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (320.26). Please specify OFS Capital's target price for which you would like OFS Capital odds to be computed.

OFS Capital Target Price Odds to finish below 8.14

The tendency of OFS Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 8.14  or more in 90 days
 8.58 90 days 8.14 
about 37.78
Based on a normal probability distribution, the odds of OFS Capital to drop to $ 8.14  or more in 90 days from now is about 37.78 (This OFS Capital Corp probability density function shows the probability of OFS Stock to fall within a particular range of prices over 90 days) . Probability of OFS Capital Corp price to stay between $ 8.14  and its current price of $8.58 at the end of the 90-day period is about 58.92 .
Considering the 90-day investment horizon OFS Capital Corp has a beta of -0.0502. This indicates as returns on the benchmark increase, returns on holding OFS Capital are expected to decrease at a much lower rate. During a bear market, however, OFS Capital Corp is likely to outperform the market. Additionally OFS Capital Corp has an alpha of 0.14, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   OFS Capital Price Density   
       Price  

Predictive Modules for OFS Capital

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OFS Capital Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
7.258.589.91
Details
Intrinsic
Valuation
LowRealHigh
7.628.9510.28
Details
2 Analysts
Consensus
LowTargetHigh
10.0111.0012.21
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.290.280.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as OFS Capital. Your research has to be compared to or analyzed against OFS Capital's peers to derive any actionable benefits. When done correctly, OFS Capital's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in OFS Capital Corp.

OFS Capital Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. OFS Capital is not an exception. The market had few large corrections towards the OFS Capital's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold OFS Capital Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of OFS Capital within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.14
β
Beta against Dow Jones-0.05
σ
Overall volatility
0.20
Ir
Information ratio 0.02

OFS Capital Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of OFS Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OFS Capital Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
OFS Capital Corp has high likelihood to experience some financial distress in the next 2 years
The company reported the last year's revenue of 45.59 M. Reported Net Loss for the year was (465 K) with profit before taxes, overhead, and interest of 48.74 M.
OFS Capital Corp has a strong financial position based on the latest SEC filings
About 23.0% of the company outstanding shares are owned by corporate insiders
Latest headline from businesswire.com: Acquisition by Pittson Glenn R. of 10000 shares of OFS Capital at 12.75 subject to Rule 16b-3

OFS Capital Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of OFS Stock often depends not only on the future outlook of the current and potential OFS Capital's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. OFS Capital's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding13.4 M
Cash And Short Term Investments45.3 M

OFS Capital Technical Analysis

OFS Capital's future price can be derived by breaking down and analyzing its technical indicators over time. OFS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OFS Capital Corp. In general, you should focus on analyzing OFS Stock price patterns and their correlations with different microeconomic environments and drivers.

OFS Capital Predictive Forecast Models

OFS Capital's time-series forecasting models is one of many OFS Capital's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary OFS Capital's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about OFS Capital Corp

Checking the ongoing alerts about OFS Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OFS Capital Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
OFS Capital Corp has high likelihood to experience some financial distress in the next 2 years
The company reported the last year's revenue of 45.59 M. Reported Net Loss for the year was (465 K) with profit before taxes, overhead, and interest of 48.74 M.
OFS Capital Corp has a strong financial position based on the latest SEC filings
About 23.0% of the company outstanding shares are owned by corporate insiders
Latest headline from businesswire.com: Acquisition by Pittson Glenn R. of 10000 shares of OFS Capital at 12.75 subject to Rule 16b-3

Additional Tools for OFS Stock Analysis

When running OFS Capital's price analysis, check to measure OFS Capital'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 Capital is operating at the current time. Most of OFS Capital's value examination focuses on studying past and present price action to predict the probability of OFS Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OFS Capital's price. Additionally, you may evaluate how the addition of OFS Capital to your portfolios can decrease your overall portfolio volatility.