OFG Bancorp Story

<div class='circular--portrait' style='background:#FF01C9;color: #FFF8DC;font-size:4em;'>OB</div>
OFG -- USA Stock  

USD 18.06  0.66  3.79%

As many of us are excited about financial services space, it is fair to digest OFG Bancorp within current market trends. As expected, OFG Bancorp is starting to reaffirm its true potential as shareholders are becoming more and more confident in the future outlook. The returns on the market and returns on OFG Bancorp appear slightly-related for the last few months. The appearance of sound fundamental drivers of the firm indicates a shorter-term price swing for shareholders of OFG Bancorp. OFG Bancorp is scheduled to announce its earnings today. The next earnings report is expected on the 3rd of February 2021.
Published over a month ago
View all stories for OFG Bancorp | View All Stories
Our latest technical analysis of OFG Bancorp (NYSE:OFG)
OFG Bancorp's average rating is Buy from 2 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on OFG Bancorp market sentiment investors' perception of the future value of OFG Bancorp. Let us look at a few aspects of OFG Bancorp technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of OFG Bancorp. In general, we focus on analyzing OFG Bancorp stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build OFG Bancorp's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of OFG Bancorp's intrinsic value. In addition to deriving basic predictive indicators for OFG Bancorp, we also check how macroeconomic factors affect OFG Bancorp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does OFG Bancorp Stands against Peers?

Analyzing OFG Bancorp competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to OFG Bancorp across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out OFG Bancorp Competition Details

How OFG Bancorp utilizes its cash?

To perform a cash flow analysis of OFG Bancorp, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash OFG Bancorp is receiving and how much cash it distributes out in a given period. The OFG Bancorp cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. OFG Bancorp Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 109.62 Million

Closer look at OFG Bancorp Downside Variance

OFG Bancorp has current Downside Variance of 4.85. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.

Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.

Downside Variance 
 = 
SUM(RET DEV)2 
N(ER) 
 = 
4.85
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N(ER) = Number of points with returns less than expected return for the period
Let's now compare OFG Bancorp Downside Variance to its closest peers:
OFG
AX
BY
KB
EBMT
OFG4.850886797607904
AX3.36
BY5.98
KB4.7
EBMT3.17

Will price continue to surge in November 2020?

The mean deviation is down to 1.84 as of today. OFG Bancorp currently demonstrates below-verage downside deviation. It has Information Ratio of 0.02 and Jensen Alpha of 0.11. However, we do advice investors to further question OFG Bancorp expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Conclusion on OFG Bancorp

Although other companies under the banks?regional industry are still a bit expensive, OFG Bancorp may offer a potential longer-term growth to shareholders. To summarize, as of the 23rd of October 2020, our analysis shows that OFG Bancorp almost mirrors the market. The firm is fairly valued and projects low probability of financial unrest for the next 2 years. Our overall 30 days 'Buy-vs-Sell' recommendation on the firm is Strong Hold.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of OFG Bancorp. Please refer to our Terms of Use for any information regarding our disclosure principles.

Would you like to provide feedback on the content of this article?

You can get in touch with us directly or send us a quick note via email to editors@macroaxis.com