Okeanis Eco (Norway) Buy Hold or Sell Recommendation
| OET Stock | NOK 242.00 1.00 0.41% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding Okeanis Eco Tankers is 'Strong Sell'. The recommendation algorithm takes into account all of Okeanis Eco's available fundamental, technical, and predictive indicators you will find on this site.
Check out Okeanis Eco Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Okeanis and provide practical buy, sell, or hold advice based on investors' constraints. 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.
Okeanis |
Execute Okeanis Eco Buy or Sell Advice
The Okeanis recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Okeanis Eco Tankers. Macroaxis does not own or have any residual interests in Okeanis Eco Tankers or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Okeanis Eco's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Okeanis Eco Trading Alerts and Improvement Suggestions
| Okeanis Eco Tankers generated a negative expected return 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 Eco Returns Distribution Density
The distribution of Okeanis Eco's historical returns is an attempt to chart the uncertainty of Okeanis Eco's future price movements. The chart of the probability distribution of Okeanis Eco daily returns describes the distribution of returns around its average expected value. We use Okeanis Eco Tankers price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Okeanis Eco returns is essential to provide solid investment advice for Okeanis Eco.
| Mean Return | -0.37 | Value At Risk | -4.66 | Potential Upside | 3.41 | Standard Deviation | 2.33 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Okeanis Eco historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Okeanis Eco Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Okeanis Eco or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Okeanis Eco's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Okeanis stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.37 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 2.34 | |
Ir | Information ratio | -0.21 |
Okeanis Eco Volatility Alert
Okeanis Eco Tankers exhibits very low volatility with skewness of -0.15 and kurtosis of 0.91. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Okeanis Eco's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Okeanis Eco's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Okeanis Eco Fundamentals Vs Peers
Comparing Okeanis Eco's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Okeanis Eco's direct or indirect competition across all of the common fundamentals between Okeanis Eco and the related equities. This way, we can detect undervalued stocks with similar characteristics as Okeanis Eco or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Okeanis Eco's fundamental indicators could also be used in its relative valuation, which is a method of valuing Okeanis Eco by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Okeanis Eco to competition |
| Fundamentals | Okeanis Eco | Peer Average |
| Return On Equity | 0.11 | -0.31 |
| Return On Asset | 0.0297 | -0.14 |
| Profit Margin | 0.21 % | (1.27) % |
| Operating Margin | 0.28 % | (5.51) % |
| Current Valuation | 12.48 B | 16.62 B |
| Shares Outstanding | 32.19 M | 571.82 M |
| Shares Owned By Insiders | 67.94 % | 10.09 % |
| Shares Owned By Institutions | 13.02 % | 39.21 % |
| Price To Earning | 15.70 X | 28.72 X |
| Price To Book | 1.48 X | 9.51 X |
| Price To Sales | 29.18 X | 11.42 X |
| Revenue | 169 M | 9.43 B |
| Gross Profit | 83.3 M | 27.38 B |
| EBITDA | 64.85 M | 3.9 B |
| Net Income | (902.9 K) | 570.98 M |
| Cash And Equivalents | 38.18 M | 2.7 B |
| Cash Per Share | 0.78 X | 5.01 X |
| Total Debt | 534.78 M | 5.32 B |
| Debt To Equity | 1.62 % | 48.70 % |
| Current Ratio | 1.17 X | 2.16 X |
| Book Value Per Share | 11.92 X | 1.93 K |
| Cash Flow From Operations | 28.59 M | 971.22 M |
| Earnings Per Share | 13.00 X | 3.12 X |
| Target Price | 245.62 | |
| Number Of Employees | 13 | 18.84 K |
| Beta | 0.13 | -0.15 |
| Market Capitalization | 6.54 B | 19.03 B |
| Total Asset | 954.59 M | 29.47 B |
| Z Score | 7.2 | 8.72 |
| Annual Yield | 0.05 % | |
| Net Asset | 954.59 M |
Okeanis Eco Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Okeanis . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Okeanis Eco Buy or Sell Advice
When is the right time to buy or sell Okeanis Eco Tankers? Buying financial instruments such as Okeanis Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Okeanis Eco in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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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 Okeanis Eco Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.