Oceanfirst Financial Corp Stock Technical Analysis
| OCFC Stock | USD 15.47 0.03 0.19% |
As of the 25th of April, OceanFirst Financial holds the Coefficient Of Variation of (1,190), risk adjusted performance of (0.05), and Variance of 5.8. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of OceanFirst Financial, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for OceanFirst Financial Corp, which can be compared to its competitors. Please check OceanFirst Financial Corp information ratio, as well as the relationship between the value at risk and kurtosis to decide if OceanFirst Financial Corp is priced some-what accurately, providing market reflects its current price of 15.47 per share. Given that OceanFirst Financial has information ratio of (0.12), we recommend you to check out OceanFirst Financial Corp's recent market performance to make sure the company can sustain itself at a future point.
OceanFirst Financial Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as OceanFirst, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OceanFirstOceanFirst |
OceanFirst Financial Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 18.83 | Buy | 7 | Odds |
Most OceanFirst analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand OceanFirst stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of OceanFirst Financial Corp, talking to its executives and customers, or listening to OceanFirst conference calls.
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.
OceanFirst Financial Corp Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of OceanFirst Financial Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
OceanFirst Financial Corp Trend Analysis
Use this graph to draw trend lines for OceanFirst Financial Corp. You can use it to identify possible trend reversals for OceanFirst Financial as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual OceanFirst Financial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.OceanFirst Financial Best Fit Change Line
The following chart estimates an ordinary least squares regression model for OceanFirst Financial Corp applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that OceanFirst Financial Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.79, which is the sum of squared deviations for the predicted OceanFirst Financial price change compared to its average price change.About OceanFirst Financial Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of OceanFirst Financial Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of OceanFirst Financial Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on OceanFirst Financial Corp price pattern first instead of the macroeconomic environment surrounding OceanFirst Financial Corp. By analyzing OceanFirst Financial's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of OceanFirst Financial's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to OceanFirst Financial specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0338 | 0.0381 | 0.0501 | 0.0277 | Price To Sales Ratio | 3.75 | 2.89 | 1.6 | 1.52 |
OceanFirst Financial April 25, 2024 Technical Indicators
Most technical analysis of OceanFirst help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for OceanFirst from various momentum indicators to cycle indicators. When you analyze OceanFirst charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.10) | |||
| Mean Deviation | 1.79 | |||
| Coefficient Of Variation | (1,190) | |||
| Standard Deviation | 2.41 | |||
| Variance | 5.8 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 14.46 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 4.04 | |||
| Skewness | 0.0867 | |||
| Kurtosis | 1.67 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OceanFirst Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the OceanFirst Financial Corp information on this page should be used as a complementary analysis to other OceanFirst Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for OceanFirst Stock analysis
When running OceanFirst Financial's price analysis, check to measure OceanFirst Financial'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 OceanFirst Financial is operating at the current time. Most of OceanFirst Financial's value examination focuses on studying past and present price action to predict the probability of OceanFirst Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OceanFirst Financial's price. Additionally, you may evaluate how the addition of OceanFirst Financial to your portfolios can decrease your overall portfolio volatility.
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Is OceanFirst Financial's industry 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 OceanFirst Financial. If investors know OceanFirst 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 OceanFirst Financial 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 0.028 | Dividend Share 0.8 | Earnings Share 1.71 | Revenue Per Share 6.543 | Quarterly Revenue Growth 0.001 |
The market value of OceanFirst Financial Corp is measured differently than its book value, which is the value of OceanFirst that is recorded on the company's balance sheet. Investors also form their own opinion of OceanFirst Financial's value that differs from its market value or its book value, called intrinsic value, which is OceanFirst Financial'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 OceanFirst Financial's market value can be influenced by many factors that don't directly affect OceanFirst Financial'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 OceanFirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if OceanFirst Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OceanFirst Financial'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.