Oceanfirst Financial Corp Stock Alpha and Beta Analysis
| OCFC Stock | USD 20.68 0.16 0.77% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as OceanFirst Financial Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in OceanFirst Financial over a specified time horizon. Remember, high OceanFirst Financial's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to OceanFirst Financial's market risk premium analysis include:
Beta 2.69 | Alpha 0.005001 | Risk 2.93 | Sharpe Ratio 0.11 | Expected Return 0.31 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
OceanFirst |
OceanFirst Financial Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. OceanFirst Financial market risk premium is the additional return an investor will receive from holding OceanFirst Financial long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in OceanFirst Financial. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate OceanFirst Financial's performance over market.| α | 0.01 | β | 2.69 |
OceanFirst Financial expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of OceanFirst Financial's Buy-and-hold return. Our buy-and-hold chart shows how OceanFirst Financial performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.OceanFirst Financial Market Price Analysis
Market price analysis indicators help investors to evaluate how OceanFirst Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OceanFirst Financial shares will generate the highest return on investment. By understating and applying OceanFirst Financial stock market price indicators, traders can identify OceanFirst Financial position entry and exit signals to maximize returns.
OceanFirst Financial Return and Market Media
The median price of OceanFirst Financial for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 17.96 with a coefficient of variation of 7.16. The daily time series for the period is distributed with a sample standard deviation of 1.32, arithmetic mean of 18.46, and mean deviation of 1.1. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 13022 shares by Christopher Maher of OceanFirst Financial at 23.14 subject to Rule 16b-3 | 09/20/2024 |
2 | OceanFirst Bank Secures 50,000 in Small Business Recovery Grants from Federal Home Loan Bank to Benefit Ten Local Nonprofit Organizations | 10/07/2024 |
3 | Acquisition by Walsh John E of 3354 shares of OceanFirst Financial subject to Rule 16b-3 | 10/15/2024 |
4 | OceanFirst Financial Corp Q3 2024 Everything You Need To Know Ahead Of Earnings | 10/17/2024 |
5 | OceanFirst Financial Has Affirmed Its Dividend Of 0.20 | 10/21/2024 |
6 | OceanFirst Financial Corp. and OceanFirst Bank N.A. Receive Moodys Investment Grade Ratings | 11/06/2024 |
7 | Disposition of 1500 shares by Murphy Joseph M. Jr. of OceanFirst Financial at 20.03 subject to Rule 16b-3 | 11/11/2024 |
| OceanFirst Financial dividend paid on 15th of November 2024 | 11/15/2024 |
8 | OceanFirst Financial Corp Trading 3.82 percent Higher on Nov 22 | 11/22/2024 |
9 | Disposition of 11250 shares by Lebel Joseph Iii of OceanFirst Financial at 14.55 subject to Rule 16b-3 | 11/29/2024 |
About OceanFirst Financial Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including OceanFirst or other stocks. Alpha measures the amount that position in OceanFirst Financial Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0338 | 0.0381 | 0.0501 | 0.0274 | Price To Sales Ratio | 3.75 | 2.89 | 2.65 | 2.52 |
OceanFirst Financial Upcoming Company Events
As portrayed in its financial statements, the presentation of OceanFirst Financial's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, OceanFirst Financial's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of OceanFirst Financial's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of OceanFirst Financial. Please utilize our Beneish M Score to check the likelihood of OceanFirst Financial's management manipulating its earnings.
| 18th of April 2024 Upcoming Quarterly Report | View | |
| 18th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 16th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
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Check out OceanFirst Financial Backtesting, OceanFirst Financial Valuation, OceanFirst Financial Correlation, OceanFirst Financial Hype Analysis, OceanFirst Financial Volatility, OceanFirst Financial History and analyze OceanFirst Financial Performance. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
OceanFirst Financial 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.