Ohio Valley Banc Stock Price on August 14, 2023

OVBC Stock  USD 27.05  0.65  2.46%   
Below is the normalized historical share price chart for Ohio Valley Banc extending back to July 24, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ohio Valley stands at 27.05, as last reported on the 13th of December 2024, with the highest price reaching 27.27 and the lowest price hitting 26.03 during the day.
IPO Date
9th of February 1996
200 Day MA
23.5527
50 Day MA
24.127
Beta
0.02
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Ohio Stock, it is important to understand the factors that can impact its price. Ohio Valley appears to be very steady, given 3 months investment horizon. Ohio Valley Banc maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ohio Valley Banc, which you can use to evaluate the volatility of the company. Please evaluate Ohio Valley's Risk Adjusted Performance of 0.0941, semi deviation of 1.14, and Coefficient Of Variation of 829.21 to confirm if our risk estimates are consistent with your expectations.
  
At present, Ohio Valley's Capital Stock is projected to increase significantly based on the last few years of reporting. . At present, Ohio Valley's Price Earnings Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Sales Ratio is expected to grow to 3.19, whereas Price Book Value Ratio is forecasted to decline to 0.72. Ohio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1255

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Estimated Market Risk

 2.13
  actual daily
18
82% of assets are more volatile

Expected Return

 0.27
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
9
91% of assets perform better
Based on monthly moving average Ohio Valley is performing at about 9% 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 Ohio Valley by adding it to a well-diversified portfolio.
Price Book
0.8174
Price Sales
2.2224
Shares Float
3.7 M
Dividend Share
0.88
Earnings Share
2.47

Related Headline

HV Bancorp Headline on 16th of June 2023

Citizens Financial Services, Inc. , the holding company for First Citizens Community Bank , completed its merger with HV Bancorp, Inc. and FCCB completed its merger with HVBCs subsidiary bank, Huntingdon Valley Bank . Under the terms of the merger agreement, HVBC merged with and into CZFS with CZFS as the surviving corporation and HVB merged with and into FCCB with FCCB as the surviving institution.

Ohio Valley Valuation on August 14, 2023

It is possible to determine the worth of Ohio Valley on a given historical date. On August 14, 2023 Ohio was worth 23.99 at the beginning of the trading date compared to the closed value of 23.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ohio Valley stock. Still, in general, we apply an absolute valuation method to find Ohio Valley'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 Ohio Valley where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ohio Valley's related companies.
 Open High Low Close Volume
  23.87    24.35    23.87    23.87    6,197  
08/14/2023
  23.99    23.99    23.99    23.99    237.00  
  24.02    24.44    23.34    23.78    3,535  
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Open Value
23.99
23.99
Closing Value
30.39
Upside

Ohio Valley Trading Date Momentum on August 14, 2023

On August 15 2023 Ohio Valley Banc was traded for  23.78  at the closing time. The top price for the day was 24.44  and the lowest listed price was  23.34 . The trading volume for the day was 3.5 K. The trading history from August 15, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.88% . The trading delta at closing time against the current closing price is 0.50% .

Ohio Valley Banc Fundamentals Correlations and Trends

By evaluating Ohio Valley'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 Ohio Valley's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ohio financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Ohio Valley Stock history

Ohio Valley 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 Ohio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ohio Valley Banc 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 Ohio Valley stock prices may prove useful in developing a viable investing in Ohio Valley
Last ReportedProjected for Next Year
Common Stock Shares Outstanding4.8 M4.9 M
Net Income Applicable To Common Shares15.3 M8.4 M

Ohio Valley Stock Technical Analysis

Ohio Valley 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 Ohio Valley technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ohio Valley 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...

Price Boundaries

Ohio Valley Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Ohio Valley Banc 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.

Ohio Valley December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Ohio Valley stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ohio Valley shares will generate the highest return on investment. By undertsting and applying Ohio Valley stock market strength indicators, traders can identify Ohio Valley Banc entry and exit signals to maximize returns

Ohio Valley Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ohio Valley's price direction in advance. Along with the technical and fundamental analysis of Ohio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ohio 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.

Complementary Tools for Ohio Stock analysis

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