Ocwen Financial Corp. (NYSE:OCN): Stochastic Analysis


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Ocwen Financial Corp. (NYSE:OCN) for the period of 9-Day stands at 14.26% while the stochastic %D for the same period stands at 13.43%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Ocwen Financial Corp. (NYSE:OCN) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Ocwen Financial Corp. (NYSE:OCN) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Ocwen Financial Corp. (NYSE:OCN)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Ocwen Financial Corporation is a financial services holding company engaged in asset acquisition and resolution, residential finance, commercial finance, investment management and hotel operations. The Company primarily specializes in the aquisition and resolution of non-performing or underperforming loans.

Previous Day Activity Analysis

On the last trading day, Ocwen Financial Corp. (NYSE:OCN) opened the session at $3.1 and after going down -0.64% closed at $3.11. The stock gained 0.01 points in the last trade.

Ocwen Financial Corp. (NYSE:OCN)’s stock fluctuated in the range of $3.02 and $3.17 during the previous active session. Ocwen Financial Corp. (NYSE:OCN) traded with the volume of 1.26 Million with average volume of 1.44 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 1.56 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.17 and 31.68 respectively.

Currently the Insider Ownership of the shares of Ocwen Financial Corp. (NYSE:OCN) is at 0.2% and the shares outstanding are 131.69 Million.

Important Ratio Analysis

Some important ratios to consider here for Ocwen Financial Corp. (NYSE:OCN) are discussed below:

Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 0.

The Price to Sale P/S and Price to Book P/B shows the value of 0.33 and 0.68 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 1.37 and 0.78 correspondingly.

Return on Assets ROA of Ocwen Financial Corp. (NYSE:OCN) is at -1.2% whereas, Return on Equity ROE and Return of Investment ROI of Ocwen Financial Corp. (NYSE:OCN) stand at -15.4% and 2.5% respectively.

Stock Performance Analysis

The stock performance of Ocwen Financial Corp. (NYSE:OCN) on the basis of 5 day trade show the dip of -5.76% whereas, the monthly performance of the stock shows decrease of -14.79%.

The quarterly performance of the stock remained in green zone with the value of 11.47% while six month performance of the shares of Ocwen Financial Corp. (NYSE:OCN) remained bullish with the count of 15.19%.

The yearly and YTD performance of Ocwen Financial Corp. (NYSE:OCN) remained down at -34.25% and -42.3% respectively.