Ocean Sun Financials
| OSUN Stock | NOK 1.80 0.07 4.05% |
Ocean |
Ocean Sun Stock Summary
Ocean Sun competes with Norwegian Air, Polaris Media, Dolphin Drilling, Odfjell Technology, and BW Offshore. Ocean Sun AS develops floating power system with solar panels. Ocean Sun AS was founded in 2016 and is headquartered Fornebu, Norway with locations in Singapore Shanghai, China. OCEAN SUN is traded on Oslo Stock Exchange in Norway.| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0010887565 |
| Business Address | SnarOeyveien 20, Fornebu, |
| Sector | Utilities |
| Industry | Utilities—Renewable |
| Benchmark | Dow Jones Industrial |
| Website | oceansun.no |
| Currency | NOK - Kroner |
You should never invest in Ocean Sun without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ocean Stock, because this is throwing your money away. Analyzing the key information contained in Ocean Sun's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ocean Sun Key Financial Ratios
There are many critical financial ratios that Ocean Sun's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ocean Sun As reports annually and quarterly.| Return On Equity | -0.25 | |||
| Return On Asset | -0.16 | |||
| Target Price | 25.0 | |||
| Beta | 3.2 |
Ocean Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ocean Sun's current stock value. Our valuation model uses many indicators to compare Ocean Sun value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ocean Sun competition to find correlations between indicators driving Ocean Sun's intrinsic value. More Info.Ocean Sun As is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ocean Sun's earnings, one of the primary drivers of an investment's value.Ocean Sun As Systematic Risk
Ocean Sun's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ocean Sun volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Ocean Sun As correlated with the market. If Beta is less than 0 Ocean Sun generally moves in the opposite direction as compared to the market. If Ocean Sun Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ocean Sun As is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ocean Sun is generally in the same direction as the market. If Beta > 1 Ocean Sun moves generally in the same direction as, but more than the movement of the benchmark.
Ocean Sun December 5, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ocean Sun help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ocean Sun As. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ocean Sun As based on widely used predictive technical indicators. In general, we focus on analyzing Ocean Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ocean Sun's daily price indicators and compare them against related drivers.
| Downside Deviation | 5.3 | |||
| Information Ratio | 0.018 | |||
| Maximum Drawdown | 36.65 | |||
| Value At Risk | (9.52) | |||
| Potential Upside | 10.53 |
Other Information on Investing in Ocean Stock
Ocean Sun financial ratios help investors to determine whether Ocean Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ocean with respect to the benefits of owning Ocean Sun security.