Okeanis Eco Financials
| OET Stock | NOK 244.50 2.00 0.82% |
Okeanis |
Okeanis Eco Stock Summary
Okeanis Eco competes with Havila Shipping, Shelf Drilling, Solstad Offsho, and Eidesvik Offshore. Okeanis Eco Tankers Corp. owns, charters out, and operates tanker vessels. The company was incorporated in 2018 and is based in Piraeus, Greece. OKEANIS ECO operates under Marine Shipping classification in Norway and is traded on Oslo Stock Exchange.| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | MHY641771016 |
| Business Address | Ethnarchou Makariou av, |
| Sector | Industrials |
| Industry | Marine Shipping |
| Benchmark | Dow Jones Industrial |
| Website | www.okeanisecotankers.com |
| Phone | 30 2 10 48 042 00 |
| Currency | NOK - Kroner |
You should never invest in Okeanis Eco without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Okeanis Stock, because this is throwing your money away. Analyzing the key information contained in Okeanis Eco's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Okeanis Eco Key Financial Ratios
There are many critical financial ratios that Okeanis Eco's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Okeanis Eco Tankers reports annually and quarterly.| Return On Equity | 0.11 | |||
| Return On Asset | 0.0297 | |||
| Target Price | 245.62 | |||
| Number Of Employees | 13 | |||
| Beta | 0.13 |
Okeanis Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Okeanis Eco's current stock value. Our valuation model uses many indicators to compare Okeanis Eco value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Okeanis Eco competition to find correlations between indicators driving Okeanis Eco's intrinsic value. More Info.Okeanis Eco Tankers is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.27 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Okeanis Eco Tankers is roughly 3.66 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Okeanis Eco's earnings, one of the primary drivers of an investment's value.Okeanis Eco Tankers Systematic Risk
Okeanis Eco's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Okeanis Eco volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Okeanis Eco Tankers correlated with the market. If Beta is less than 0 Okeanis Eco generally moves in the opposite direction as compared to the market. If Okeanis Eco Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Okeanis Eco Tankers is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Okeanis Eco is generally in the same direction as the market. If Beta > 1 Okeanis Eco moves generally in the same direction as, but more than the movement of the benchmark.
Okeanis Eco December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Okeanis Eco help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Okeanis Eco Tankers. We use our internally-developed statistical techniques to arrive at the intrinsic value of Okeanis Eco Tankers based on widely used predictive technical indicators. In general, we focus on analyzing Okeanis Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Okeanis Eco's daily price indicators and compare them against related drivers.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 12.71 | |||
| Value At Risk | (4.66) | |||
| Potential Upside | 3.41 |
Additional Information and Resources on Investing in Okeanis Stock
When determining whether Okeanis Eco Tankers offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Okeanis Eco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Okeanis Eco Tankers Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Okeanis Eco Tankers Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Okeanis Eco Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.