Ocean Bio Chem Performance
The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Ocean Bio are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Ocean Bio Chem has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong fundamental indicators, Ocean Bio is not utilizing all of its potentials. The recent stock price confusion, may contribute to short-horizon losses for the traders. ...more
| Quick Ratio | 3.85 | |
| Fifty Two Week Low | 5.90 | |
| Payout Ratio | 15.66% | |
| Fifty Two Week High | 13.05 | |
| Trailing Annual Dividend Yield | 0.46% |
Ocean |
Ocean Bio Relative Risk vs. Return Landscape
If you would invest (100.00) in Ocean Bio Chem on January 26, 2024 and sell it today you would earn a total of 100.00 from holding Ocean Bio Chem or generate -100.0% return on investment over 90 days. Ocean Bio Chem is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Ocean, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Ocean Bio Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ocean Bio's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ocean Bio Chem, and traders can use it to determine the average amount a Ocean Bio'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 Ocean Bio 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 Ocean Bio by adding Ocean Bio to a well-diversified portfolio.
Ocean Bio Fundamentals Growth
Ocean Stock prices reflect investors' perceptions of the future prospects and financial health of Ocean Bio, and Ocean Bio 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 Ocean Stock performance.
| Return On Equity | 17.34 | |||
| Return On Asset | 11.1 | |||
| Profit Margin | 12.20 % | |||
| Operating Margin | 15.74 % | |||
| Current Valuation | 121.5 M | |||
| Shares Outstanding | 9.49 M | |||
| Price To Earning | 12.82 X | |||
| Price To Book | 3.10 X | |||
| Price To Sales | 1.93 X | |||
| Revenue | 63.9 M | |||
| EBITDA | 11.57 M | |||
| Cash And Equivalents | 10.22 M | |||
| Cash Per Share | 1.07 X | |||
| Total Debt | 8.42 M | |||
| Debt To Equity | 0.17 % | |||
| Book Value Per Share | 4.21 X | |||
| Cash Flow From Operations | 4.06 M | |||
| Earnings Per Share | 1.02 X | |||
| Total Asset | 23.86 M | |||
| Retained Earnings | 16.94 M | |||
| Current Asset | 17.47 M | |||
| Current Liabilities | 2.65 M | |||
Things to note about Ocean Bio Chem performance evaluation
Checking the ongoing alerts about Ocean Bio for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ocean Bio Chem help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ocean Bio Chem is not yet fully synchronised with the market data | |
| Ocean Bio Chem has some characteristics of a very speculative penny stock | |
| Ocean Bio Chem has a very high chance of going through financial distress in the upcoming years | |
| About 62.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Ocean Bio'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 Ocean Bio's stock is overvalued or undervalued compared to its peers.
- Examining Ocean Bio'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 Ocean Bio's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ocean Bio's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ocean Bio's stock. These opinions can provide insight into Ocean Bio'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 tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Ocean Bio Chem information on this page should be used as a complementary analysis to other Ocean Bio's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Other Consideration for investing in Ocean Stock
If you are still planning to invest in Ocean Bio Chem 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 Ocean Bio's history and understand the potential risks before investing.
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