Ocean OTC Stock Market Value

OYIEF -  USA Stock  

USD 4.70  0.01  0.21%

Ocean Yield's market value is the price at which a share of Ocean Yield stock trades on a public exchange. It measures the collective expectations of Ocean Yield investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Ocean Yield and determine expected loss or profit from investing in Ocean Yield over a given investment horizon. Please check Ocean Yield Hype Analysis, Ocean Yield Correlation, Ocean Yield Valuation, Ocean Yield Volatility, as well as analyze Ocean Yield Alpha and Beta and Ocean Yield Performance.
Symbol
Backtest


The market value of Ocean Yield is measured differently than its book value, which is the value of Ocean that is recorded on the company's balance sheet. Investors also form their own opinion of Ocean Yield's value that differs from its market value or its book value, called intrinsic value, which is Ocean Yield'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 Ocean Yield's market value can be influenced by many factors that don't directly affect Ocean Yield underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ocean Yield's value and its price as these two are different measures arrived at by different means. Investors typically determine Ocean Yield value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ocean Yield'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.

Ocean Yield 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ocean Yield's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ocean Yield.
0.00
06/24/2021
No Change 0.00  0.0 
In 3 months and 1 day
09/22/2021
0.00
If you would invest  0.00  in Ocean Yield on June 24, 2021 and sell it all today you would earn a total of 0.00 from holding Ocean Yield or generate 0.0% return on investment in Ocean Yield over 90 days. Ocean Yield is related to or competes with Matson, and Kirby Corp. Ocean Yield ASA, a vessel owning company, invests in vessels on long-term charters in Norway

Ocean Yield Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ocean Yield's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ocean Yield upside and downside potential and time the market with a certain degree of confidence.

Ocean Yield Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ocean Yield's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ocean Yield's standard deviation. In reality, there are many statistical measures that can use Ocean Yield historical prices to predict the future Ocean Yield's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Ocean Yield's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Ocean Yield in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.474.708.93
Details
Intrinsic
Valuation
LowReal ValueHigh
0.895.129.35
Details
Naive
Forecast
LowNext ValueHigh
0.915.149.37
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.994.325.65
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ocean Yield. Your research has to be compared to or analyzed against Ocean Yield's peers to derive any actionable benefits. When done correctly, Ocean Yield's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Ocean Yield.

Ocean Yield Backtested Returns

Ocean Yield appears to be relatively risky, given 3 months investment horizon. Ocean Yield maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had 0.14% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. By analyzing Ocean Yield technical indicators you can presently evaluate if the expected return of 0.61% is justified by implied risk. Please evaluate Ocean Yield's Semi Deviation of 1.69, risk adjusted performance of 0.0829, and Coefficient Of Variation of 901.34 to confirm if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Ocean Yield holds a performance score of 10. The company holds a Beta of -0.986, which implies possible diversification benefits within a given portfolio. Let's try to break down what Ocean's beta means in this case. As the market becomes more bullish, returns on owning Ocean Yield are expected to decrease slowly. On the other hand, during market turmoil, Ocean Yield is expected to outperform it slightly. Although it is vital to follow Ocean Yield current trending patterns, it is good to be conservative about what you can do with the information regarding equity existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-six technical indicators for Ocean Yield, which you can use to evaluate the performance of the company. Please employ Ocean Yield value at risk, kurtosis, and the relationship between the sortino ratio and semi variance to make a quick decision on whether Ocean Yield historical price patterns will revert.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.66)   

Very good reverse predictability

Ocean Yield has very good reverse predictability. Overlapping area represents the amount of predictability between Ocean Yield time series from 24th of June 2021 to 8th of August 2021 and 8th of August 2021 to 22nd of September 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ocean Yield price movement. The serial correlation of -0.66 indicates that around 66.0% of current Ocean Yield price fluctuation can be explain by its past prices. Given that Ocean Yield has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Ocean Yield for similar time interval.
Correlation Coefficient-0.66
Spearman Rank Test-0.74
Residual Average0.0
Price Variance0.31

Ocean Yield lagged returns against current returns

Autocorrelation, which is Ocean Yield otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ocean Yield's otc stock expected returns. We can calculate the autocorrelation of Ocean Yield returns to help us make a trade decision. For example, suppose you find that Ocean Yield otc stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Ocean Yield regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ocean Yield otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ocean Yield otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ocean Yield otc stock over time.
 Current vs Lagged Prices 
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      Timeline 

Ocean Yield Lagged Returns

When evaluating Ocean Yield's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ocean Yield otc stock have on its future price. Ocean Yield autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ocean Yield autocorrelation shows the relationship between Ocean Yield otc stock current value and its past values and can show if there is a momentum factor associated with investing in Ocean Yield.
 Regressed Prices 
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      Timeline 

Ocean Yield Investors Sentiment

The influence of Ocean Yield's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Ocean. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - OYIEF

Ocean Yield Investor Sentiment

Most of Macroaxis users are now bullish on Ocean Yield. What is your perspective on investing in Ocean Yield? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Please check Ocean Yield Hype Analysis, Ocean Yield Correlation, Ocean Yield Valuation, Ocean Yield Volatility, as well as analyze Ocean Yield Alpha and Beta and Ocean Yield Performance. Note that the Ocean Yield information on this page should be used as a complementary analysis to other Ocean Yield'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 Equity Search module to search for activelly traded equities including funds and ETFs from over 30 global markets.

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When running Ocean Yield price analysis, check to measure Ocean Yield's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocean Yield is operating at the current time. Most of Ocean Yield's value examination focuses on studying past and present price action to predict the probability of Ocean Yield's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ocean Yield's price. Additionally, you may evaluate how the addition of Ocean Yield to your portfolios can decrease your overall portfolio volatility.
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Ocean Yield technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Ocean Yield technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ocean Yield trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...