OFOS 📈 Exchange Traded Concepts - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • • Equity Energy
OFOS: Offshore, Oil, Services, Production, Exploration, Transportation, Distribution
The index is designed to track the performance of companies that are involved in the offshore oil services ecosystem, particularly in the areas of production, exploration, development, transportation, and distribution. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of offshore oil companies. The fund is non-diversified.
Additional Sources for OFOS ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
OFOS ETF Overview
| Market Cap in USD | 2m |
| Category | Equity Energy |
| TER | 0.85% |
| IPO / Inception | 2024-01-10 |
OFOS ETF Ratings
| Growth 5y | -49.7% |
| Fundamental | - |
| Dividend | - |
| Rel. Strength Industry | -254 |
| Analysts | - |
| Fair Price Momentum | 19.86 USD |
| Fair Price DCF | - |
OFOS Dividends
No Dividends PaidOFOS Growth Ratios
| Growth Correlation 3m | -59.1% |
| Growth Correlation 12m | -38.7% |
| Growth Correlation 5y | -38.7% |
| CAGR 5y | -10.98% |
| CAGR/Mean DD 5y | -1.12 |
| Sharpe Ratio 12m | -0.50 |
| Alpha | -32.21 |
| Beta | 0.78 |
| Volatility | 30.74% |
| Current Volume | 2.5k |
| Average Volume 20d | 1.9k |
What is the price of OFOS stocks?
As of December 22, 2024, the stock is trading at USD 22.26 with a total of 2,500 shares traded.
Over the past week, the price has changed by -4.86%, over one month by -9.62%, over three months by -13.60% and over the past year by -10.98%.
As of December 22, 2024, the stock is trading at USD 22.26 with a total of 2,500 shares traded.
Over the past week, the price has changed by -4.86%, over one month by -9.62%, over three months by -13.60% and over the past year by -10.98%.
Is Exchange Traded Concepts a good stock to buy?
Probably not. Based on ValueRay Analyses, Exchange Traded Concepts (NYSE ARCA:OFOS) is currently (December 2024) not a good stock to buy. It has a ValueRay Growth Rating of -49.65 and therefor a somwhat technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of OFOS as of December 2024 is 19.86. This means that OFOS is currently overvalued and has a potential downside of -10.78%.
Probably not. Based on ValueRay Analyses, Exchange Traded Concepts (NYSE ARCA:OFOS) is currently (December 2024) not a good stock to buy. It has a ValueRay Growth Rating of -49.65 and therefor a somwhat technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of OFOS as of December 2024 is 19.86. This means that OFOS is currently overvalued and has a potential downside of -10.78%.
Is OFOS a buy, sell or hold?
Exchange Traded Concepts has no consensus analysts rating.
Exchange Traded Concepts has no consensus analysts rating.
What are the forecast for OFOS stock price target?
According to ValueRays Forecast Model, OFOS Exchange Traded Concepts will be worth about 21.9 in December 2025. The stock is currently trading at 22.26. This means that the stock has a potential downside of -1.48%.
According to ValueRays Forecast Model, OFOS Exchange Traded Concepts will be worth about 21.9 in December 2025. The stock is currently trading at 22.26. This means that the stock has a potential downside of -1.48%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 21.9 | -1.5% |