Oceanagold Stock Analysis

OceanaGold Pink Sheet Analysis Notes

About 59.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.87. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. OceanaGold last dividend was issued on the 5th of March 2019. OceanaGold Corporation, a gold producer, engages in the exploration, development, and operation of mineral properties. OceanaGold Corporation was founded in 2003 and is based in South Brisbane, Australia. Oceanagold Corp operates under Gold classification in the United States and is traded on OTC Exchange.The quote for OceanaGold is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about OceanaGold contact BCom BComm at 61 3 9656 5300 or learn more at https://oceanagold.com.

OceanaGold Investment Alerts

OceanaGold Thematic Classifications

OceanaGold Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate OceanaGold's market, we take the total number of its shares issued and multiply it by OceanaGold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 21st of March, OceanaGold holds the Coefficient Of Variation of (21,980), variance of 10.03, and Risk Adjusted Performance of 0.0032. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of OceanaGold, as well as the relationship between them. Please check OceanaGold information ratio, as well as the relationship between the value at risk and kurtosis to decide if OceanaGold is priced some-what accurately, providing market reflects its current price of 3.05 per share. Given that OceanaGold has information ratio of 0.0159, we recommend you to check out OceanaGold's recent market performance to make sure the company can sustain itself at a future point.

OceanaGold Price Movement Analysis

OceanaGold Outstanding Bonds

OceanaGold Predictive Daily Indicators

OceanaGold Forecast Models

OceanaGold's time-series forecasting models are one of many OceanaGold's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary OceanaGold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how OceanaGold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling OceanaGold shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as OceanaGold. By using and applying OceanaGold Pink Sheet analysis, traders can create a robust methodology for identifying OceanaGold entry and exit points for their positions.

When running OceanaGold's price analysis, check to measure OceanaGold'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 OceanaGold is operating at the current time. Most of OceanaGold's value examination focuses on studying past and present price action to predict the probability of OceanaGold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OceanaGold's price. Additionally, you may evaluate how the addition of OceanaGold to your portfolios can decrease your overall portfolio volatility.