OneSpan Inc risk profile
38 Normal where most of the sector sits
Measured 21 October 2026 from OSPN's filed statements. Recomputed nightly.
38 (Normal), driven by Concentration at 44, over 6 weighted categories on the SOFTWARE profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 36 | Normal | Volatile | One-year price volatility — 45.5% |
| Operating pressure | 21 | Normal | Worsening | Costs outgrowing revenue — -0.5 percentage points |
| Cash conversion | 30 | Normal | Stable | Cash conversion — 0.82x |
| Leverage and coverage | 15 | Contained | Stable | Current ratio — 1.50x |
| Competitive position | 42 | Elevated | Stable | Revenue-growth gap against peers — -15.6 percentage points |
| Concentration | 44 | Elevated | Stable | Geographic concentration — 3,670 HHI |
These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.