Blue Ocean Acquisition Stock Performance
| BOCN Stock | USD 11.37 0.34 2.90% |
Blue Ocean has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Blue Ocean are expected to decrease at a much lower rate. During the bear market, Blue Ocean is likely to outperform the market. Blue Ocean Acquisition right now shows a risk of 3.24%. Please confirm Blue Ocean Acquisition semi variance, and the relationship between the maximum drawdown and accumulation distribution , to decide if Blue Ocean Acquisition will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Blue Ocean Acquisition are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy fundamental indicators, Blue Ocean is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return (2.49) | Five Day Return (6.19) | Year To Date Return 5.28 | Ten Year Return 15.55 | All Time Return 15.55 |
1 | Glazer Capital LLC Trims Stock Position in Blue Ocean Acquisition Corp. - MarketBeat | 09/24/2024 |
2 | Meteora Capital, LLC Adjusts Stake in Blue Ocean Acquisition Corp | 11/15/2024 |
| Begin Period Cash Flow | 627.6 K |
Blue |
Blue Ocean Relative Risk vs. Return Landscape
If you would invest 1,140 in Blue Ocean Acquisition on September 4, 2024 and sell it today you would lose (3.00) from holding Blue Ocean Acquisition or give up 0.26% of portfolio value over 90 days. Blue Ocean Acquisition is currently generating 0.0461% in daily expected returns and assumes 3.2374% risk (volatility on return distribution) over the 90 days horizon. In different words, 28% of stocks are less volatile than Blue, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Blue Ocean Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blue Ocean's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Blue Ocean Acquisition, and traders can use it to determine the average amount a Blue 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 = 0.0142
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Estimated Market Risk
| 3.24 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Blue Ocean is performing at about 1% of its full potential. 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 Blue Ocean by adding it to a well-diversified portfolio.
Blue Ocean Fundamentals Growth
Blue Stock prices reflect investors' perceptions of the future prospects and financial health of Blue Ocean, and Blue 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 Blue Stock performance.
| Return On Asset | -0.0237 | ||||
| Current Valuation | 77.47 M | ||||
| Shares Outstanding | 6.59 M | ||||
| Price To Book | 14.42 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) | ||||
| Earnings Per Share | (0.10) X | ||||
| Market Capitalization | 74.88 M | ||||
| Total Asset | 67.34 M | ||||
| Retained Earnings | (12.03 M) | ||||
| Working Capital | (4.2 M) | ||||
About Blue Ocean Performance
By examining Blue Ocean's fundamental ratios, stakeholders can obtain critical insights into Blue Ocean'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 Blue Ocean 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.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.06 | |
| Return On Capital Employed | (0.07) | (0.06) | |
| Return On Assets | 0.07 | 0.06 | |
| Return On Equity | 0.08 | 0.06 |
Things to note about Blue Ocean Acquisition performance evaluation
Checking the ongoing alerts about Blue Ocean for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Blue Ocean Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Blue Ocean had very high historical volatility over the last 90 days | |
| Blue Ocean Acquisition currently holds about 747.99 K in cash with (1.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Blue Ocean has a frail financial position based on the latest SEC disclosures | |
| Roughly 68.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Meteora Capital, LLC Adjusts Stake in Blue Ocean Acquisition Corp |
- Analyzing Blue 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 Blue Ocean's stock is overvalued or undervalued compared to its peers.
- Examining Blue 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 Blue Ocean's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Blue Ocean's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Blue Ocean's stock. These opinions can provide insight into Blue Ocean's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Ocean Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blue Ocean. If investors know Blue will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blue Ocean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.044 | Earnings Share (0.10) | Return On Assets (0.02) |
The market value of Blue Ocean Acquisition is measured differently than its book value, which is the value of Blue that is recorded on the company's balance sheet. Investors also form their own opinion of Blue Ocean's value that differs from its market value or its book value, called intrinsic value, which is Blue Ocean'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 Blue Ocean's market value can be influenced by many factors that don't directly affect Blue Ocean'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 Blue Ocean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blue Ocean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Ocean'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.