Ocean GeoLoop (Norway) Performance
| OCEAN Stock | 3.90 0.40 9.30% |
The company holds a Beta of -0.0086, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ocean GeoLoop are expected to decrease at a much lower rate. During the bear market, Ocean GeoLoop is likely to outperform the market. At this point, Ocean GeoLoop AS has a negative expected return of -0.34%. Please make sure to check Ocean GeoLoop's skewness, and the relationship between the total risk alpha and day median price , to decide if Ocean GeoLoop AS performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Ocean GeoLoop AS has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of conflicting performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in February 2025. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Ocean |
Ocean GeoLoop Relative Risk vs. Return Landscape
If you would invest 660.00 in Ocean GeoLoop AS on October 10, 2024 and sell it today you would lose (270.00) from holding Ocean GeoLoop AS or give up 40.91% of portfolio value over 90 days. Ocean GeoLoop AS is generating negative expected returns and assumes 11.0757% volatility on return distribution over the 90 days horizon. Simply put, 98% of stocks are less volatile than Ocean, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ocean GeoLoop Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ocean GeoLoop's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ocean GeoLoop AS, and traders can use it to determine the average amount a Ocean GeoLoop's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0304
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| Negative Returns | OCEAN |
Estimated Market Risk
| 11.08 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ocean GeoLoop is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ocean GeoLoop by adding Ocean GeoLoop to a well-diversified portfolio.
Ocean GeoLoop Fundamentals Growth
Ocean Stock prices reflect investors' perceptions of the future prospects and financial health of Ocean GeoLoop, and Ocean GeoLoop fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ocean Stock performance.
| Current Valuation | 1.06 B | |||
| Shares Outstanding | 49.97 M | |||
| Price To Book | 8.21 X | |||
| Price To Sales | 24.13 X | |||
About Ocean GeoLoop Performance
By examining Ocean GeoLoop's fundamental ratios, stakeholders can obtain critical insights into Ocean GeoLoop's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Ocean GeoLoop is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Ocean GeoLoop AS performance evaluation
Checking the ongoing alerts about Ocean GeoLoop for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ocean GeoLoop AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ocean GeoLoop AS generated a negative expected return over the last 90 days | |
| Ocean GeoLoop AS has high historical volatility and very poor performance | |
| About 75.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Ocean GeoLoop's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ocean GeoLoop's stock is overvalued or undervalued compared to its peers.
- Examining Ocean GeoLoop's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ocean GeoLoop's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ocean GeoLoop's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ocean GeoLoop's stock. These opinions can provide insight into Ocean GeoLoop's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Ocean Stock
Ocean GeoLoop financial ratios help investors to determine whether Ocean Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ocean with respect to the benefits of owning Ocean GeoLoop security.