Ohio Valley Banc Stock Price on December 3, 2024
If you're considering investing in Ohio Stock, it is important to understand the factors that can impact its price. At this point, Ohio Valley is very steady. Ohio Valley Banc maintains Sharpe Ratio (i.e., Efficiency) of 0.0851, which implies the firm had a 0.0851% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Ohio Valley Banc, which you can use to evaluate the volatility of the company. Please check Ohio Valley's Semi Deviation of 1.29, coefficient of variation of 1175.55, and Risk Adjusted Performance of 0.0714 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
Ohio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ohio |
Sharpe Ratio = 0.0851
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Estimated Market Risk
| 2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Ohio Valley is performing at about 6% 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Ohio Valley Period Price Range
Low | December 4, 2024
| 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 4, 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.
| Risk Adjusted Performance | 0.0714 | |||
| Jensen Alpha | 0.1171 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0446 | |||
| Treynor Ratio | 0.3173 |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Tools for Ohio Stock
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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