Okeanis Eco Tankers Stock Performance
| ECO Stock | 19.97 0.78 4.06% |
The company holds a Beta of 0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, Okeanis Eco's returns are expected to increase less than the market. However, during the bear market, the loss of holding Okeanis Eco is expected to be smaller as well. At this point, Okeanis Eco Tankers has a negative expected return of -0.72%. Please make sure to check Okeanis Eco's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if Okeanis Eco Tankers performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Okeanis Eco Tankers has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's fundamental indicators remain very healthy which may send shares a bit higher in January 2025. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Actual Historical Performance (%)
One Day Return 4.06 | Five Day Return (7.46) | Year To Date Return (27.38) | Ten Year Return 190.68 | All Time Return 190.68 |
Forward Dividend Yield 0.1657 | Payout Ratio 0.9115 | Forward Dividend Rate 3.31 | Dividend Date 2024-12-04 | Ex Dividend Date 2024-11-18 |
1 | Analyzing Okeanis Eco Tankers The Competition | 10/01/2024 |
2 | Sch Environnement volution de la gouvernance dECO | 11/04/2024 |
3 | Okeanis Eco Tankers Corp. Invitation to Q3 2024 Results Conference Call and Webcast | 11/05/2024 |
4 | Okeanis Eco Tankers Corp. Key Information relating to Q3 2024 dividend | 11/08/2024 |
5 | Okeanis Eco Tankers Corp Stock Price Up 3.67 percent on Nov 13 | 11/13/2024 |
6 | Okeanis Eco Tankers Corp. Analysts Are More Bearish Than They Used To Be - Simply Wall St | 11/18/2024 |
7 | Okeanis Eco Tankers Corp Shares Down 3.15 percent on Dec 4 | 12/04/2024 |
8 | 2025 Toyota 4Runners Starting Price Is Just 120 More Than The Outgoing Generation | 12/11/2024 |
9 | Eco Oil Gas Shares Up 8.5 percent Should You Buy | 12/12/2024 |
| Begin Period Cash Flow | 81.3 M |
Okeanis |
Okeanis Eco Relative Risk vs. Return Landscape
If you would invest 3,270 in Okeanis Eco Tankers on September 16, 2024 and sell it today you would lose (1,273) from holding Okeanis Eco Tankers or give up 38.93% of portfolio value over 90 days. Okeanis Eco Tankers is generating negative expected returns assuming volatility of 2.6867% on return distribution over 90 days investment horizon. In other words, 23% of stocks are less volatile than Okeanis, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Okeanis Eco Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Okeanis Eco's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Okeanis Eco Tankers, and traders can use it to determine the average amount a Okeanis Eco's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.268
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| Negative Returns | ECO |
Estimated Market Risk
| 2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.72 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.27 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Okeanis Eco is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Okeanis Eco by adding Okeanis Eco to a well-diversified portfolio.
Okeanis Eco Fundamentals Growth
Okeanis Stock prices reflect investors' perceptions of the future prospects and financial health of Okeanis Eco, and Okeanis Eco fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Okeanis Stock performance.
| Return On Equity | 0.29 | ||||
| Return On Asset | 0.095 | ||||
| Profit Margin | 0.29 % | ||||
| Operating Margin | 0.32 % | ||||
| Current Valuation | 1.23 B | ||||
| Shares Outstanding | 32.19 M | ||||
| Price To Book | 1.56 X | ||||
| Price To Sales | 1.61 X | ||||
| Revenue | 413.1 M | ||||
| Gross Profit | 161.15 M | ||||
| EBITDA | 241.51 M | ||||
| Net Income | 145.25 M | ||||
| Total Debt | 693.28 M | ||||
| Book Value Per Share | 12.79 X | ||||
| Cash Flow From Operations | 174.03 M | ||||
| Earnings Per Share | 3.63 X | ||||
| Market Capitalization | 642.92 M | ||||
| Total Asset | 1.13 B | ||||
| Retained Earnings | 291.65 M | ||||
| Working Capital | 32.33 M | ||||
About Okeanis Eco Performance
By examining Okeanis Eco's fundamental ratios, stakeholders can obtain critical insights into Okeanis Eco's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Okeanis Eco is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 61.16 | 64.22 | |
| Return On Tangible Assets | 0.13 | 0.14 | |
| Return On Capital Employed | 0.20 | 0.21 | |
| Return On Assets | 0.13 | 0.14 | |
| Return On Equity | 0.36 | 0.37 |
Things to note about Okeanis Eco Tankers performance evaluation
Checking the ongoing alerts about Okeanis Eco for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Okeanis Eco Tankers help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Okeanis Eco Tankers generated a negative expected return over the last 90 days | |
| About 83.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Eco Oil Gas Shares Up 8.5 percent Should You Buy |
- Analyzing Okeanis Eco's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Okeanis Eco's stock is overvalued or undervalued compared to its peers.
- Examining Okeanis Eco's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Okeanis Eco's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Okeanis Eco's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Okeanis Eco's stock. These opinions can provide insight into Okeanis Eco's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 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 main economic indicators. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Okeanis Eco. If investors know Okeanis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Okeanis Eco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.25) | Earnings Share 3.63 | Revenue Per Share 12.416 | Quarterly Revenue Growth (0.05) | Return On Assets 0.095 |
The market value of Okeanis Eco Tankers is measured differently than its book value, which is the value of Okeanis that is recorded on the company's balance sheet. Investors also form their own opinion of Okeanis Eco's value that differs from its market value or its book value, called intrinsic value, which is Okeanis Eco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Okeanis Eco's market value can be influenced by many factors that don't directly affect Okeanis Eco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Okeanis Eco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Okeanis Eco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Okeanis Eco'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.