Oceanpal Stock Price To Earnings To Growth
| OP Stock | USD 0.12 0.02 14.29% |
Oceanpal's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Oceanpal Stock price.
Oceanpal | Price To Earnings To Growth | Build AI portfolio with Oceanpal Stock |
Oceanpal Company Price To Earnings To Growth Analysis
Oceanpal's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Oceanpal Price To Earnings To Growth Driver Correlations
Understanding the fundamental principles of building solid financial models for Oceanpal is extremely important. It helps to project a fair market value of Oceanpal Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since Oceanpal's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Oceanpal's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Oceanpal's interrelated accounts and indicators.
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Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
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Oceanpal Price Earnings To Growth Ratio
Price Earnings To Growth Ratio |
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Based on the latest financial disclosure, Oceanpal has a Price To Earnings To Growth of 0.0 times. This is 100.0% lower than that of the Marine Transportation sector and about the same as Industrials (which currently averages 0.0) industry. The price to earnings to growth for all United States stocks is 100.0% higher than that of the company.
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Oceanpal Fundamentals
| Return On Equity | -0.2 | ||||
| Return On Asset | -0.0814 | ||||
| Profit Margin | (0.69) % | ||||
| Operating Margin | (0.55) % | ||||
| Current Valuation | (4.93 M) | ||||
| Shares Outstanding | 18.59 M | ||||
| Shares Owned By Insiders | 8.30 % | ||||
| Shares Owned By Institutions | 0.02 % | ||||
| Number Of Shares Shorted | 1.81 M | ||||
| Price To Book | 0.03 X | ||||
| Price To Sales | 0.09 X | ||||
| Revenue | 25.7 M | ||||
| Gross Profit | 9.41 M | ||||
| EBITDA | (10.55 M) | ||||
| Net Income | (17.86 M) | ||||
| Total Debt | 5.09 M | ||||
| Book Value Per Share | 11.24 X | ||||
| Cash Flow From Operations | (3.53 M) | ||||
| Short Ratio | 0.21 X | ||||
| Earnings Per Share | (2.61) X | ||||
| Beta | 1.18 | ||||
| Market Capitalization | 2.22 M | ||||
| Total Asset | 89.46 M | ||||
| Retained Earnings | (25.91 M) | ||||
| Working Capital | 9.02 M | ||||
| Net Asset | 89.46 M |
About Oceanpal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Oceanpal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oceanpal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oceanpal based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Oceanpal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Oceanpal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Oceanpal will appreciate offsetting losses from the drop in the long position's value.Moving against Oceanpal Stock
The ability to find closely correlated positions to Oceanpal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oceanpal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Oceanpal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Oceanpal to buy it.
The correlation of Oceanpal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Oceanpal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oceanpal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Oceanpal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Oceanpal Stock Analysis
When running Oceanpal's price analysis, check to measure Oceanpal'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 Oceanpal is operating at the current time. Most of Oceanpal's value examination focuses on studying past and present price action to predict the probability of Oceanpal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oceanpal's price. Additionally, you may evaluate how the addition of Oceanpal to your portfolios can decrease your overall portfolio volatility.