Okeanis Eco Tankers Performance
| OKENFDelisted Stock | USD 22.55 0.00 0.00% |
The company holds a Beta of -0.37, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Okeanis Eco are expected to decrease at a much lower rate. During the bear market, Okeanis Eco is likely to outperform the market. Okeanis Eco Tankers right now holds a risk of 0.0%. Please check Okeanis Eco Tankers coefficient of variation, jensen alpha, as well as the relationship between the Jensen Alpha and kurtosis , to decide if Okeanis Eco Tankers will be following its historical price patterns.
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. Despite nearly stable basic indicators, Okeanis Eco is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 23.3 M | |
| Total Cashflows From Investing Activities | 285.7 M | |
| Free Cash Flow | 8.2 M |
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Okeanis Eco Relative Risk vs. Return Landscape
If you would invest 2,255 in Okeanis Eco Tankers on September 15, 2024 and sell it today you would earn a total of 0.00 from holding Okeanis Eco Tankers or generate 0.0% return on investment over 90 days. Okeanis Eco Tankers is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Okeanis, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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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 pink sheets, 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 = 0.0
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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 Pink Sheet 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 Pink Sheet performance.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0297 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.28 % | |||
| Current Valuation | 1.25 B | |||
| Shares Outstanding | 32.19 M | |||
| Price To Earning | 23.18 X | |||
| Price To Book | 1.04 X | |||
| Price To Sales | 2.35 X | |||
| Revenue | 169 M | |||
| EBITDA | 64.85 M | |||
| Cash And Equivalents | 65.37 M | |||
| Cash Per Share | 2.03 X | |||
| Total Debt | 534.78 M | |||
| Debt To Equity | 2.05 % | |||
| Book Value Per Share | 11.92 X | |||
| Cash Flow From Operations | 28.59 M | |||
| Earnings Per Share | 1.26 X | |||
| Total Asset | 954.59 M | |||
About Okeanis Eco Performance
By analyzing Okeanis Eco's fundamental ratios, stakeholders can gain valuable insights into Okeanis Eco's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Okeanis Eco has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Okeanis Eco has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Okeanis Eco Tankers Corp., a tanker company, engages in the ownership, chartering and operation of oil tanker vessels worldwide. The company was incorporated in 2018 and is based in Piraeus, Greece. Okeanis Eco operates under Marine Shipping classification in the United States and is traded on OTC Exchange.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. Pink Sheet 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 is not yet fully synchronised with the market data | |
| Okeanis Eco Tankers has a very high chance of going through financial distress in the upcoming years | |
| 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 |
- 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 pink sheet. These opinions can provide insight into Okeanis Eco's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios. 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. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in Okeanis Pink Sheet
If you are still planning to invest in Okeanis Eco Tankers check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Okeanis Eco's history and understand the potential risks before investing.
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