Ocean Park High Etf Cash Per Share

DUKH Etf  USD 25.64  0.03  0.12%   
Ocean Park High fundamentals help investors to digest information that contributes to Ocean Park's financial success or failures. It also enables traders to predict the movement of Ocean Etf. The fundamental analysis module provides a way to measure Ocean Park'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 Ocean Park etf.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Ocean Park High ETF Cash Per Share Analysis

Ocean Park's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Ocean Park Cash Per Share

    
  0.60 X  
Most of Ocean Park's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ocean Park High is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition
In accordance with the recently published financial statements, Ocean Park High has a Cash Per Share of 0.6 times. This is much higher than that of the family and significantly higher than that of the High Yield Bond category. The cash per share for all United States etfs is notably lower than that of the firm.

Did you try this?

Run Premium Stories Now

   

Premium Stories

Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
All  Next Launch Module

Ocean Fundamentals

About Ocean Park Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ocean Park High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ocean Park using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ocean Park High based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.

Currently Active Assets on Macroaxis

When determining whether Ocean Park High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ocean Park'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 Ocean Park High Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ocean Park High Etf:
Check out Ocean Park Piotroski F Score and Ocean Park Altman Z Score analysis.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
The market value of Ocean Park High is measured differently than its book value, which is the value of Ocean that is recorded on the company's balance sheet. Investors also form their own opinion of Ocean Park's value that differs from its market value or its book value, called intrinsic value, which is Ocean Park's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ocean Park's market value can be influenced by many factors that don't directly affect Ocean Park's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ocean Park's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ocean Park is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ocean Park's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.