Ocean GeoLoop (Norway) Today
| OCEAN Stock | 8.90 0.05 0.56% |
Performance11 of 100
| Odds Of DistressLess than 9
|
Ocean GeoLoop is selling at 8.90 as of the 3rd of May 2024; that is 0.56 percent increase since the beginning of the trading day. The stock's open price was 8.85. Ocean GeoLoop has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Ocean GeoLoop AS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
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Ocean Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ocean GeoLoop's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ocean GeoLoop or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Pollution & Treatment Controls, Industrials (View all Sectors) |
Ocean GeoLoop AS (OCEAN) is traded on Oslo Stock Exchange in Norway and employs 7 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 999.4 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ocean GeoLoop's market, we take the total number of its shares issued and multiply it by Ocean GeoLoop'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. Ocean GeoLoop AS operates under Industrials sector and is part of Pollution & Treatment Controls industry. The entity has 49.97 M outstanding shares.
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Ownership AllocationOcean GeoLoop owns a total of 49.97 Million outstanding shares. Ocean GeoLoop holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 74.8 pct. of Ocean GeoLoop AS outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Ocean Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Ocean GeoLoop jumping above the current price in 90 days from now is near 1%. The Ocean GeoLoop AS probability density function shows the probability of Ocean GeoLoop stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Ocean GeoLoop AS has a beta of -0.7361. This indicates as returns on the benchmark increase, returns on holding Ocean GeoLoop are expected to decrease at a much lower rate. During a bear market, however, Ocean GeoLoop AS is likely to outperform the market. Additionally, ocean GeoLoop AS has an alpha of 0.5577, implying that it can generate a 0.56 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Ocean GeoLoop to move above the current price in 90 days from now is near 1 (This Ocean GeoLoop AS probability density function shows the probability of Ocean Stock to fall within a particular range of prices over 90 days) .
Ocean GeoLoop AS Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ocean GeoLoop market risk premium is the additional return an investor will receive from holding Ocean GeoLoop long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ocean GeoLoop. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ocean GeoLoop's alpha and beta are two of the key measurements used to evaluate Ocean GeoLoop's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.31 | |||
| Semi Deviation | 1.86 | |||
| Standard Deviation | 3.76 | |||
| Variance | 14.17 |
Ocean Stock Against Markets
Picking the right benchmark for Ocean GeoLoop stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ocean GeoLoop stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ocean GeoLoop is critical whether you are bullish or bearish towards Ocean GeoLoop AS at a given time. Please also check how Ocean GeoLoop's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ocean GeoLoop without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Ocean GeoLoop Corporate Management
Elected by the shareholders, the Ocean GeoLoop's board of directors comprises two types of representatives: Ocean GeoLoop inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ocean. The board's role is to monitor Ocean GeoLoop's management team and ensure that shareholders' interests are well served. Ocean GeoLoop's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ocean GeoLoop's outside directors are responsible for providing unbiased perspectives on the board's policies.
| OddGeir Lademo | Chief Officer | Profile | |
| Viggo Iversen | Chief Officer | Profile | |
| Lars Strom | Chief Officer | Profile | |
| Jan Berg | Chief Officer | Profile | |
| Carlos Delgado | Chief Officer | Profile | |
| Ove Lande | Chief Officer | Profile | |
| Maria Hosen | Chief Officer | Profile |
How to buy Ocean Stock?
Before investing in Ocean GeoLoop, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ocean GeoLoop. To buy Ocean GeoLoop stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ocean GeoLoop. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ocean GeoLoop stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ocean GeoLoop AS stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ocean GeoLoop AS stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ocean GeoLoop AS, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Ocean GeoLoop AS?
The danger of trading Ocean GeoLoop AS is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ocean GeoLoop is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ocean GeoLoop. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ocean GeoLoop AS is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocean GeoLoop AS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Ocean Stock analysis
When running Ocean GeoLoop's price analysis, check to measure Ocean GeoLoop'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 Ocean GeoLoop is operating at the current time. Most of Ocean GeoLoop's value examination focuses on studying past and present price action to predict the probability of Ocean GeoLoop's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean GeoLoop's price. Additionally, you may evaluate how the addition of Ocean GeoLoop to your portfolios can decrease your overall portfolio volatility.
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