Blue Ocean Acquisition Stock Filter Stocks by Fundamentals
| BOCN Stock | USD 10.72 0.20 1.90% |
Blue Ocean Acquisition fundamentals help investors to digest information that contributes to Blue Ocean's financial success or failures. It also enables traders to predict the movement of Blue Stock. The fundamental analysis module provides a way to measure Blue Ocean's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Blue Ocean stock.
Blue |
Blue Ocean ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Blue Ocean's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Blue Ocean's managers, analysts, and investors.Environmental | Governance | Social |
Blue Ocean Institutional Holders
Institutional Holdings refers to the ownership stake in Blue Ocean that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Blue Ocean's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Blue Ocean's value.| Shares | Moore Capital Management, Lp | 2024-09-30 | 40 K | Periscope Capital Inc. | 2024-06-30 | 0.0 | Atlas Merchant Capital Llc | 2024-06-30 | 0.0 | Apollo Management Holdings Lp | 2024-06-30 | 0.0 | Bck Capital Management Lp | 2024-06-30 | 0.0 | Centiva Capital Lp | 2024-06-30 | 0.0 | Westchester Capital Management Llc | 2024-06-30 | 0.0 | Radcliffe Group Inc | 2024-06-30 | 0.0 | Polar Asset Management Partners | 2024-06-30 | 0.0 | Meteora Capital, Llc | 2024-09-30 | 571.4 K | First Trust Capital Management L.p. | 2024-09-30 | 344.1 K |
Blue Fundamentals
| Return On Asset | -0.0237 | ||||
| Current Valuation | 73.16 M | ||||
| Shares Outstanding | 6.59 M | ||||
| Shares Owned By Insiders | 67.85 % | ||||
| Shares Owned By Institutions | 28.46 % | ||||
| Number Of Shares Shorted | 2.51 K | ||||
| Price To Book | 13.59 X | ||||
| EBITDA | 4.44 M | ||||
| Net Income | 4.42 M | ||||
| Cash And Equivalents | 747.99 K | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 1.25 M | ||||
| Debt To Equity | 2.52 % | ||||
| Current Ratio | 8.85 X | ||||
| Book Value Per Share | (1.10) X | ||||
| Cash Flow From Operations | (1.56 M) | ||||
| Short Ratio | 0.09 X | ||||
| Earnings Per Share | (0.10) X | ||||
| Market Capitalization | 70.57 M | ||||
| Total Asset | 67.34 M | ||||
| Retained Earnings | (12.03 M) | ||||
| Working Capital | (4.2 M) | ||||
| Net Asset | 67.34 M |
About Blue Ocean Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blue Ocean Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blue Ocean using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blue Ocean Acquisition based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Blue Ocean
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blue Ocean position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blue Ocean will appreciate offsetting losses from the drop in the long position's value.Moving against Blue Stock
The ability to find closely correlated positions to Blue Ocean could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Ocean when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blue Ocean - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blue Ocean Acquisition to buy it.
The correlation of Blue Ocean is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blue Ocean moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Ocean Acquisition moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blue Ocean can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Blue Stock
Blue Ocean financial ratios help investors to determine whether Blue 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 Blue with respect to the benefits of owning Blue Ocean security.