Golden Stock Analysis

GOGL
 Stock
  

USD 8.28  0.41  4.72%   

The big decline in price over the last few months for Golden Oceanmay raise some interest from stakeholders. The stock closed today at a share price of 8.28 on 2,996,500 in trading volume. The company executives failed to add value to investors and position the firm supply of money to exploit market volatility in August. However, diversifying your holdings with Golden Ocean Gp or similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.34. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Golden Ocean Gp partners.
Please check Risk vs Return Analysis.
  
The Golden Ocean stock analysis report makes it easy to digest most publicly released information about Golden Ocean and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Golden Stock analysis module also helps to analyze the Golden Ocean price relationship with some important fundamental indicators such as market cap and management efficiency.

Golden Stock Analysis Notes

About 39.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.87. Some equities with similar Price to Book (P/B) outperform the market in the long run. Golden Ocean Gp recorded a loss per share of 0.96. The entity last dividend was issued on the 31st of May 2022. The firm had 1:5 split on the 1st of August 2016. Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. As of March 23, 2022, it owned a fleet of 81 dry bulk vessels. Golden Ocean operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. It employs 37 people. To learn more about Golden Ocean Gp call Herman Billung at 441 295 6935 or check out https://www.goldenocean.bm.

Golden Ocean Gp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Golden Ocean's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Golden Ocean Gp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Golden Ocean Gp generated a negative expected return over the last 90 days
Golden Ocean Gp has high historical volatility and very poor performance
About 39.0% of the company shares are held by company insiders
On 14th of September 2022 Golden Ocean paid $ 0.6 per share dividend to its current shareholders
Latest headline from www.irishmirror.ie: Just Good Friends star Paul Nicholas says his heartthrob days are over - Irish Mirror

Golden Ocean Gp Upcoming and Recent Events

Earnings reports are used by Golden Ocean to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Golden Ocean previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report17th of February 2022
Next Financial Report19th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End17th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Golden Ocean SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Golden Ocean prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Golden Ocean investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Golden Ocean Gp specific information freely available to individual and institutional investors to make a timely investment decision.
30th of August 2022
Other Events
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18th of July 2022
Other Events
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20th of May 2022
Other Events
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16th of February 2022
Other Events
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1st of February 2022
Unclassified Corporate Event
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Golden Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Golden Ocean is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Golden Ocean Gp backward and forwards among themselves. Golden Ocean's institutional investor refers to the entity that pools money to purchase Golden Ocean's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
FolketrygdfondetCommon Shares7.6 M88.5 M
Goldman Sachs Group IncCommon SharesM81.4 M
Blackrock IncCommon Shares6.3 M73.5 M
Acadian Asset Management LlcCommon Shares5.2 M61.1 M
Renaissance Technologies LlcCommon Shares2.7 M30.9 M
Fmr LlcCommon SharesM23.5 M
State Street CorpCommon Shares1.7 M19.4 M
Peak6 Investments LlcPut Options856.9 K10 M
Note, although Golden Ocean's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Golden Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 1.66 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Golden Ocean's market, we take the total number of its shares issued and multiply it by Golden Ocean's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Golden Profitablity

Golden Ocean's profitability indicators refer to fundamental financial ratios that showcase Golden Ocean's ability to generate income relative to its revenue or operating costs. If, let's say, Golden Ocean is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Golden Ocean's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Golden Ocean's profitability requires more research than a typical breakdown of Golden Ocean's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 48.11 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 54.66 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.55.

Management Efficiency

The entity has return on total asset (ROA) of 11.5 % which means that it generated profit of $11.5 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 34.92 %, meaning that it created $34.92 on every $100 dollars invested by stockholders. Golden Ocean management efficiency ratios could be used to measure how well golden ocean gp manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 24th of September, Golden Ocean retains the market risk adjusted performance of (0.72), and Risk Adjusted Performance of (0.15). Golden Ocean technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Golden Ocean Gp, which can be compared to its competitors. Please check out Golden Ocean Gp information ratio, as well as the relationship between the value at risk and expected short fall to decide if Golden Ocean is priced fairly, providing market reflects its last-minute price of 8.28 per share. Given that Golden Ocean Gp has jensen alpha of (0.44), we strongly advise you to confirm Golden Ocean Gp's regular market performance to make sure the company can sustain itself at a future point.

Golden Ocean Gp Price Movement Analysis

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Golden Ocean Predictive Daily Indicators

Golden Ocean intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Golden Ocean stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Golden Ocean Forecast Models

Golden Ocean time-series forecasting models is one of many Golden Ocean's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Golden Ocean's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Golden Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Golden Ocean prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Golden shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Golden Ocean. By using and applying Golden Stock analysis, traders can create a robust methodology for identifying Golden entry and exit points for their positions.
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. As of March 23, 2022, it owned a fleet of 81 dry bulk vessels. Golden Ocean operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. It employs 37 people.

Current Golden Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Golden analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Golden analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
12.5Buy2Odds
Golden Ocean Gp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Golden analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Golden stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Golden Ocean Gp, talking to its executives and customers, or listening to Golden conference calls.
Golden Analyst Advice Details

Golden Stock Analysis Indicators

Golden Ocean Gp stock analysis indicators help investors evaluate how Golden Ocean stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Golden Ocean shares will generate the highest return on investment. By understating and applying Golden Ocean stock analysis, traders can identify Golden Ocean position entry and exit signals to maximize returns.
Quick Ratio0.44
Trailing Annual Dividend Rate1.60
Fifty Two Week Low7.59
Revenue Growth66.80%
Payout Ratio77.88%
Average Daily Volume Last 10 Day3.28M
Shares Short Prior Month3.55M
Average Daily Volume In Three Month3.6M
Earnings Growth342.90%
Shares Percent Shares Out3.42%
Earnings Quarterly Growth431.50%
Gross Margins56.07%
Forward Price Earnings0.44
Short Percent Of Float5.63%
Float Shares121.94M
Fifty Two Week High16.46
Fifty Day Average10.25
Enterprise Value To Ebitda4.85
Two Hundred Day Average11.26
Enterprise Value To Revenue2.65
Trailing Annual Dividend Yield18.41%
Please check Risk vs Return Analysis. Note that the Golden Ocean Gp information on this page should be used as a complementary analysis to other Golden Ocean'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 Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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When running Golden Ocean Gp price analysis, check to measure Golden Ocean'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 Golden Ocean is operating at the current time. Most of Golden Ocean's value examination focuses on studying past and present price action to predict the probability of Golden Ocean's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Golden Ocean's price. Additionally, you may evaluate how the addition of Golden Ocean to your portfolios can decrease your overall portfolio volatility.
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Is Golden Ocean's industry 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 Golden Ocean. If investors know Golden 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 Golden Ocean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Golden Ocean Gp is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Ocean's value that differs from its market value or its book value, called intrinsic value, which is Golden Ocean'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 Golden Ocean's market value can be influenced by many factors that don't directly affect Golden Ocean'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 Golden Ocean's value and its price as these two are different measures arrived at by different means. Investors typically determine Golden Ocean value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Ocean'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.