Oxford Lane Capital Stock Price on May 29, 2024
| OXLCN Stock | USD 24.02 0.07 0.29% |
If you're considering investing in Oxford Stock, it is important to understand the factors that can impact its price. As of today, the current price of Oxford Lane stands at 24.02, as last reported on the 23rd of December, with the highest price reaching 24.04 and the lowest price hitting 23.90 during the day. As of now, Oxford Stock is very steady. Oxford Lane Capital maintains Sharpe Ratio (i.e., Efficiency) of 0.0163, which implies the firm had a 0.0163% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Oxford Lane Capital, which you can use to evaluate the volatility of the company. Please check Oxford Lane's Semi Deviation of 0.6476, risk adjusted performance of 0.0021, and Coefficient Of Variation of 13857.42 to confirm if the risk estimate we provide is consistent with the expected return of 0.0096%.
At this time, Oxford Lane's Total Stockholder Equity is very stable compared to the past year. As of the 23rd of December 2024, Common Stock Shares Outstanding is likely to grow to about 220.4 M, while Common Stock is likely to drop about 2.3 M. . As of the 23rd of December 2024, Price To Sales Ratio is likely to drop to 3.48. In addition to that, Price Earnings Ratio is likely to drop to 4.30. Oxford Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Oxford |
Sharpe Ratio = 0.0163
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Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Oxford Lane is performing at about 1% 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 Oxford Lane by adding it to a well-diversified portfolio.
Book Value 4.761 | Enterprise Value 8.4 B | Shares Short Prior Month 9.1 K | Dividend Share 0.99 | Earnings Share 0.871 |
Oxford Lane Valuation on May 29, 2024
It is possible to determine the worth of Oxford Lane on a given historical date. On May 29, 2024 Oxford was worth 22.89 at the beginning of the trading date compared to the closed value of 22.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oxford Lane stock. Still, in general, we apply an absolute valuation method to find Oxford Lane'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 Oxford Lane where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oxford Lane's related companies.
| Open | High | Low | Close | Volume | |
| 22.85 | 22.95 | 22.83 | 22.95 | 2,700 | |
05/29/2024 | 22.89 | 22.96 | 22.89 | 22.95 | 1,300 |
| 22.96 | 22.96 | 22.94 | 22.94 | 1,700 |
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Oxford Lane Trading Date Momentum on May 29, 2024
| On May 30 2024 Oxford Lane Capital was traded for 22.94 at the closing time. The highest daily price throughout the period was 22.96 and the lowest price was 22.94 . The daily volume was 1.7 K. The net trading volume on 05/30/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.04% . The trading delta at closing time to current closing price is 0.57% . |
Oxford Lane Capital Fundamentals Correlations and Trends
By evaluating Oxford Lane'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 Oxford Lane's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oxford financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oxford Lane Stock history
Oxford Lane 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 Oxford is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oxford Lane Capital 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 Oxford Lane stock prices may prove useful in developing a viable investing in Oxford Lane
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 209.9 M | 220.4 M | |
| Net Income Applicable To Common Shares | 144.8 M | 152 M |
Oxford Lane Stock Technical Analysis
Oxford Lane 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
Oxford Lane Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Oxford Lane Capital 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.
Oxford Lane December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Oxford Lane stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oxford Lane shares will generate the highest return on investment. By undertsting and applying Oxford Lane stock market strength indicators, traders can identify Oxford Lane Capital entry and exit signals to maximize returns
Oxford Lane Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oxford Lane's price direction in advance. Along with the technical and fundamental analysis of Oxford Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oxford 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 | 0.0021 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.04) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oxford Lane Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Asset Management & Custody Banks 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 Oxford Lane. If investors know Oxford 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 Oxford Lane 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 (0.65) | Dividend Share 0.99 | Earnings Share 0.871 | Revenue Per Share 1.058 | Quarterly Revenue Growth 0.345 |
The market value of Oxford Lane Capital is measured differently than its book value, which is the value of Oxford that is recorded on the company's balance sheet. Investors also form their own opinion of Oxford Lane's value that differs from its market value or its book value, called intrinsic value, which is Oxford Lane'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 Oxford Lane's market value can be influenced by many factors that don't directly affect Oxford Lane'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 Oxford Lane's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oxford Lane is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oxford Lane'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.