Oaktree Specialty Lending Stock Price on June 4, 2024
| OCSL Stock | USD 15.26 0.05 0.33% |
If you're considering investing in Oaktree Stock, it is important to understand the factors that can impact its price. As of today, the current price of Oaktree Specialty stands at 15.26, as last reported on the 30th of December, with the highest price reaching 15.30 and the lowest price hitting 15.15 during the day. Oaktree Specialty Lending maintains Sharpe Ratio (i.e., Efficiency) of -0.041, which implies the firm had a -0.041% return per unit of risk over the last 3 months. Oaktree Specialty Lending exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oaktree Specialty's Variance of 1.05, risk adjusted performance of (0.03), and Coefficient Of Variation of (2,438) to confirm the risk estimate we provide.
Oaktree Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Oaktree |
Sharpe Ratio = -0.041
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Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Oaktree Specialty is not performing at its full potential. However, 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 Oaktree Specialty by adding Oaktree Specialty to a well-diversified portfolio.
Oaktree Specialty Valuation on June 4, 2024
It is possible to determine the worth of Oaktree Specialty on a given historical date. On June 4, 2024 Oaktree was worth 17.86 at the beginning of the trading date compared to the closed value of 17.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oaktree Specialty stock. Still, in general, we apply an absolute valuation method to find Oaktree Specialty's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Oaktree Specialty where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oaktree Specialty's related companies.
| Open | High | Low | Close | Volume | |
| 17.81 | 17.95 | 17.74 | 17.84 | 800,752 | |
06/04/2024 | 17.86 | 17.88 | 17.75 | 17.80 | 358,391 |
| 17.83 | 17.89 | 17.64 | 17.89 | 462,458 |
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Oaktree Specialty Trading Date Momentum on June 4, 2024
| On June 05 2024 Oaktree Specialty Lending was traded for 17.89 at the closing time. The top price for the day was 17.89 and the lowest listed price was 17.64 . The trading volume for the day was 462.5 K. The trading history from June 5, 2024 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 0.51% . The trading delta at closing time against the current closing price is 0.73% . |
Oaktree Specialty Lending Fundamentals Correlations and Trends
By evaluating Oaktree Specialty's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Oaktree Specialty's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oaktree financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oaktree Specialty Stock history
Oaktree Specialty investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Oaktree is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oaktree Specialty Lending will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Oaktree Specialty stock prices may prove useful in developing a viable investing in Oaktree Specialty
Oaktree Specialty Lending Corporation is a business development company specializing in investments in middle market, bridge financing, first and second lien debt financing, unsecured and mezzanine loan, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, preferred equity and management buyouts in small and mid-sized companies. The fund seeks to be a lead investor in its portfolio companies. Oaktree Specialty operates under Credit Services classification in the United States and is traded on NASDAQ Exchange.
Oaktree Specialty Stock Technical Analysis
Oaktree Specialty 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.
Price Boundaries
Oaktree Specialty Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Oaktree Specialty Lending cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Oaktree Specialty December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Oaktree Specialty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oaktree Specialty shares will generate the highest return on investment. By undertsting and applying Oaktree Specialty stock market strength indicators, traders can identify Oaktree Specialty Lending entry and exit signals to maximize returns
Oaktree Specialty Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oaktree Specialty's price direction in advance. Along with the technical and fundamental analysis of Oaktree Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oaktree to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.1) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oaktree Specialty Lending. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Trading space 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 Oaktree Specialty. If investors know Oaktree 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 Oaktree Specialty 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 Oaktree Specialty Lending is measured differently than its book value, which is the value of Oaktree that is recorded on the company's balance sheet. Investors also form their own opinion of Oaktree Specialty's value that differs from its market value or its book value, called intrinsic value, which is Oaktree Specialty'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 Oaktree Specialty's market value can be influenced by many factors that don't directly affect Oaktree Specialty'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 Oaktree Specialty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oaktree Specialty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oaktree Specialty'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.