Oceanteam ASA (Norway) Today

OTS Stock  NOK 1.33  0.03  2.31%   

Performance

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Odds Of Distress

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Oceanteam ASA is selling for 1.33 as of the 28th of March 2024. This is a 2.31 percent increase since the beginning of the trading day. The stock's lowest day price was 1.25. Oceanteam ASA has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Oceanteam ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Oceanteam ASA operates as an offshore shipping company in the Gulf of Mexico, Latin America, West Africa, and the Asia-Pacific. The company was founded in 2005 and is headquartered in Bergen, Norway. OCEANTEAM ASA operates under Oil And Gas Equipment And Services classification in Norway and is traded on Oslo Stock Exchange.. The company has 34.21 M outstanding shares. More on Oceanteam ASA

Moving against Oceanteam Stock

  0.61KOG Kongsberg Gruppen ASAPairCorr
  0.57MOWI Mowi ASAPairCorr
Follow Valuation Odds of Bankruptcy
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Oceanteam 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. Oceanteam ASA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Oceanteam ASA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOLeidus Bosman
Business ConcentrationEnergy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors)
Oceanteam ASA (OTS) is traded on Oslo Stock Exchange in Norway and employs 9 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 50.12 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Oceanteam ASA's market, we take the total number of its shares issued and multiply it by Oceanteam ASA'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. Oceanteam ASA operates under Energy Equipment & Services sector and is part of Energy industry. The entity has 34.21 M outstanding shares. Oceanteam ASA has accumulated about 2.75 M in cash with (7.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Oceanteam ASA Probability Of Bankruptcy
Ownership Allocation
Oceanteam ASA has a total of 34.21 Million outstanding shares. Oceanteam ASA has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Oceanteam Ownership Details

Oceanteam Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Oceanteam ASA jumping above the current price in 90 days from now is about 50.0%. The Oceanteam ASA probability density function shows the probability of Oceanteam ASA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Oceanteam ASA has a beta of -0.4823. This indicates as returns on benchmark increase, returns on holding Oceanteam ASA are expected to decrease at a much lower rate. During the bear market, however, Oceanteam ASA is likely to outperform the market. Additionally, oceanteam ASA has an alpha of 0.1288, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 1.33HorizonTargetOdds Above 1.33
49.82%90 days
 1.33 
50.00%
Based on a normal probability distribution, the odds of Oceanteam ASA to move above the current price in 90 days from now is about 50.0 (This Oceanteam ASA probability density function shows the probability of Oceanteam Stock to fall within a particular range of prices over 90 days) .

Oceanteam ASA Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Oceanteam ASA market risk premium is the additional return an investor will receive from holding Oceanteam ASA 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 Oceanteam ASA. 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 Oceanteam ASA's alpha and beta are two of the key measurements used to evaluate Oceanteam ASA's performance over the market, the standard measures of volatility play an important role as well.

Oceanteam Stock Against Markets

Picking the right benchmark for Oceanteam ASA 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 Oceanteam ASA 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 Oceanteam ASA is critical whether you are bullish or bearish towards Oceanteam ASA at a given time. Please also check how Oceanteam ASA'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 Oceanteam ASA 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.

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Oceanteam ASA Corporate Directors

Oceanteam ASA corporate directors refer to members of an Oceanteam ASA board of directors. The board of directors generally takes responsibility for the Oceanteam ASA's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Oceanteam ASA's board members must vote for the resolution. The Oceanteam ASA board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Oceanteam Stock?

Before investing in Oceanteam ASA, 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 Oceanteam ASA. To buy Oceanteam ASA stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Oceanteam ASA. 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 Oceanteam ASA stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Oceanteam ASA 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 Oceanteam ASA 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 Oceanteam ASA, 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 Oceanteam ASA?

The danger of trading Oceanteam ASA 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 Oceanteam ASA 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 Oceanteam ASA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Oceanteam ASA 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 Oceanteam ASA. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Oceanteam ASA's price analysis, check to measure Oceanteam ASA'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 Oceanteam ASA is operating at the current time. Most of Oceanteam ASA's value examination focuses on studying past and present price action to predict the probability of Oceanteam ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oceanteam ASA's price. Additionally, you may evaluate how the addition of Oceanteam ASA to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Oceanteam ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oceanteam ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceanteam ASA'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.