Okeanis Eco (Norway) Analysis
| OET Stock | NOK 236.00 2.00 0.84% |
Okeanis Eco Tankers is overvalued with Real Value of 195.16 and Hype Value of 238.0. The main objective of Okeanis Eco stock analysis is to determine its intrinsic value, which is an estimate of what Okeanis Eco Tankers is worth, separate from its market price. There are two main types of Okeanis Eco's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Okeanis Eco's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Okeanis Eco's stock to identify patterns and trends that may indicate its future price movements.
The Okeanis Eco stock is traded in Norway on Oslo Stock Exchange, with the market opening at 09:00:00 and closing at 16:20:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Norway.
Okeanis |
Okeanis Stock Analysis Notes
About 68.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.48. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Okeanis Eco Tankers recorded earning per share (EPS) of 13.0. The entity last dividend was issued on the 5th of December 2022. Okeanis Eco Tankers Corp. owns, charters out, and operates tanker vessels. The company was incorporated in 2018 and is based in Piraeus, Greece. OKEANIS ECO operates under Marine Shipping classification in Norway and is traded on Oslo Stock Exchange. To find out more about Okeanis Eco Tankers contact Ioannis Alafouzos at 30 2 10 48 042 00 or learn more at https://www.okeanisecotankers.com.Okeanis Eco Tankers Investment Alerts
| Okeanis Eco Tankers had very high historical volatility over the last 90 days | |
| The company reported the revenue of 169 M. Net Loss for the year was (902.9 K) with profit before overhead, payroll, taxes, and interest of 83.3 M. | |
| About 68.0% of the company outstanding shares are owned by corporate insiders |
Okeanis Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.54 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Okeanis Eco's market, we take the total number of its shares issued and multiply it by Okeanis Eco'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.Okeanis Profitablity
Okeanis Eco's profitability indicators refer to fundamental financial ratios that showcase Okeanis Eco's ability to generate income relative to its revenue or operating costs. If, let's say, Okeanis Eco is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Okeanis Eco's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Okeanis Eco's profitability requires more research than a typical breakdown of Okeanis Eco's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.21 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.28 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.28. Technical Drivers
As of the 25th of March, Okeanis Eco holds the Risk Adjusted Performance of 0.0685, semi deviation of 2.63, and Coefficient Of Variation of 1470.33. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Okeanis Eco, as well as the relationship between them. Please check Okeanis Eco Tankers standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Okeanis Eco Tankers is priced some-what accurately, providing market reflects its current price of 236.0 per share.Okeanis Eco Tankers Price Movement Analysis
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Okeanis Eco Outstanding Bonds
Okeanis Eco issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Okeanis Eco Tankers uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Okeanis bonds can be classified according to their maturity, which is the date when Okeanis Eco Tankers has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Okeanis Eco Predictive Daily Indicators
Okeanis Eco intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Okeanis Eco stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 519.21 | |||
| Daily Balance Of Power | (0.36) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 238.75 | |||
| Day Typical Price | 237.83 | |||
| Market Facilitation Index | 2.0E-4 | |||
| Price Action Indicator | (3.75) | |||
| Period Momentum Indicator | (2.00) |
Okeanis Eco Forecast Models
Okeanis Eco's time-series forecasting models are one of many Okeanis Eco's stock 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 Okeanis Eco'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.About Okeanis Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Okeanis Eco 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 Okeanis shares will generate the highest return on investment. We also built our stock 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 Stock such as Okeanis Eco. By using and applying Okeanis Stock analysis, traders can create a robust methodology for identifying Okeanis entry and exit points for their positions.
Okeanis Eco Tankers Corp. owns, charters out, and operates tanker vessels. The company was incorporated in 2018 and is based in Piraeus, Greece. OKEANIS ECO operates under Marine Shipping classification in Norway and is traded on Oslo Stock Exchange.
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Additional Information and Resources on Investing in Okeanis Stock
When determining whether Okeanis Eco Tankers offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Okeanis Eco'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 Okeanis Eco Tankers Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Okeanis Eco Tankers Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Okeanis Eco Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.