NORTHERN OCEAN (Germany) Performance
| 4JO Stock | EUR 0.57 0.01 1.79% |
The company secures a Beta (Market Risk) of 0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NORTHERN OCEAN's returns are expected to increase less than the market. However, during the bear market, the loss of holding NORTHERN OCEAN is expected to be smaller as well. At this point, NORTHERN OCEAN LTD has a negative expected return of -0.14%. Please make sure to verify NORTHERN OCEAN's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if NORTHERN OCEAN LTD performance from the past will be repeated at future time.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days NORTHERN OCEAN LTD has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
NORTHERN |
NORTHERN OCEAN Relative Risk vs. Return Landscape
If you would invest 63.00 in NORTHERN OCEAN LTD on December 23, 2024 and sell it today you would lose (6.00) from holding NORTHERN OCEAN LTD or give up 9.52% of portfolio value over 90 days. NORTHERN OCEAN LTD is currently producing negative expected returns and takes up 2.3751% volatility of returns over 90 trading days. Put another way, 21% of traded stocks are less volatile than NORTHERN, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
NORTHERN OCEAN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NORTHERN OCEAN's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NORTHERN OCEAN LTD, and traders can use it to determine the average amount a NORTHERN OCEAN'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 = -0.0574
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| Negative Returns | 4JO |
Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NORTHERN OCEAN 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 NORTHERN OCEAN by adding NORTHERN OCEAN to a well-diversified portfolio.
NORTHERN OCEAN Fundamentals Growth
NORTHERN Stock prices reflect investors' perceptions of the future prospects and financial health of NORTHERN OCEAN, and NORTHERN OCEAN 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 NORTHERN Stock performance.
| Return On Equity | -0.0411 | |||
| Return On Asset | -0.0297 | |||
| Profit Margin | (0.66) % | |||
| Operating Margin | (1.68) % | |||
| Shares Outstanding | 181.62 M | |||
| Revenue | 28.93 M | |||
| EBITDA | (7.98 M) | |||
| Cash And Equivalents | 31.8 M | |||
| Cash Per Share | 0.50 X | |||
| Total Debt | 468.06 M | |||
| Debt To Equity | 0.94 % | |||
| Book Value Per Share | 3.61 X | |||
| Cash Flow From Operations | 1.5 M | |||
| Earnings Per Share | (0.18) X | |||
About NORTHERN OCEAN Performance
By analyzing NORTHERN OCEAN's fundamental ratios, stakeholders can gain valuable insights into NORTHERN OCEAN's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NORTHERN OCEAN has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if NORTHERN OCEAN has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Northern Ocean Ltd., together with its subsidiaries, provides offshore contract drilling services for the oil and gas industry worldwide. The company was incorporated in 2017 and is based in Hamilton, Bermuda. NORTHERN OCEAN is traded on Frankfurt Stock Exchange in Germany.Things to note about NORTHERN OCEAN LTD performance evaluation
Checking the ongoing alerts about NORTHERN OCEAN for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NORTHERN OCEAN LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NORTHERN OCEAN LTD generated a negative expected return over the last 90 days | |
| NORTHERN OCEAN LTD has some characteristics of a very speculative penny stock | |
| NORTHERN OCEAN LTD has high likelihood to experience some financial distress in the next 2 years | |
| NORTHERN OCEAN LTD has accumulated 468.06 M in total debt with debt to equity ratio (D/E) of 0.94, which is about average as compared to similar companies. NORTHERN OCEAN LTD has a current ratio of 0.16, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist NORTHERN OCEAN until it has trouble settling it off, either with new capital or with free cash flow. So, NORTHERN OCEAN's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NORTHERN OCEAN LTD sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NORTHERN to invest in growth at high rates of return. When we think about NORTHERN OCEAN's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 28.93 M. Net Loss for the year was (32.7 M) with profit before overhead, payroll, taxes, and interest of 6.12 M. | |
| About 44.0% of NORTHERN OCEAN shares are owned by insiders or employees |
- Analyzing NORTHERN OCEAN'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 NORTHERN OCEAN's stock is overvalued or undervalued compared to its peers.
- Examining NORTHERN OCEAN'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 NORTHERN OCEAN's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NORTHERN OCEAN's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NORTHERN OCEAN's stock. These opinions can provide insight into NORTHERN OCEAN's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NORTHERN Stock analysis
When running NORTHERN OCEAN's price analysis, check to measure NORTHERN OCEAN's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NORTHERN OCEAN is operating at the current time. Most of NORTHERN OCEAN's value examination focuses on studying past and present price action to predict the probability of NORTHERN OCEAN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NORTHERN OCEAN's price. Additionally, you may evaluate how the addition of NORTHERN OCEAN to your portfolios can decrease your overall portfolio volatility.
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