As returns on market increase, Ocwen returns are expected to increase less than the market. However during bear market, the loss on holding Ocwen will be expected to be smaller as well.
William Erbey Executive Chairman and Chairman of Executive Committee, MBA
Timothy Hayes Executive Vice President General Counsel, Secretary, MBA
Ocwen Price and Market Media
The median price of Ocwen for the period between Fri, Apr 19, 2013 and Sun, May 19, 2013 is 37.22 with a coefficient of variation of 7.89. The daily time series for the period is distributed with a sample standard deviation of 3.07, arithmetic mean of 38.95, and mean deviation of 2.69. The Stock received substential amount of media coverage during this period.
Ocwen Financial Corp [OCN] is traded on New York Stock Exchange in USA. It is located in Atlanta, GA and employs 7,641 people. The company currently falls under 'Mid-Cap' category with total capitalization of 4.7 B. Ocwen Financial Corp runs under Financial sector within Savings and Loans industry. This company has 135.64 M outstanding shares of which 2.5 M shares are now shorted by investors with about 1.1 days to cover shorted positions.
Ocwen Financial Corporationration, through its subsidiaries, engages in the servicing and origination of mortgage loans in the United States and internationally. more
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