Golden Ocean (Germany) Today

KT31 -  Germany Stock  

EUR 8.03  0.01  0.12%

Golden Ocean is trading at 8.03 as of the 24th of July 2021, a 0.12 percent up since the beginning of the trading day. The stock's lowest day price was 8.03. Golden Ocean has more than 68 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Golden Ocean Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of April 2021 and ending today, the 24th of July 2021. Click here to learn more.
 Market Performance
6 of 100
  Odds Of Distress
Over 68
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Golden Ocean Stock Profile

Golden Ocean Group Limited, a shipping company, engages in the transportation of bulk commodities worldwide. As of March 20, 2018, it owned 68 dry bulk vessels, as well as had 10 chartered-in vessels. Golden Ocean operates under Shipping Ports classification in Germany and traded on Stuttgart Stock Exchange. It employs 32 people. more on Golden Ocean
Golden Ocean Group has very high historical volatility over the last 90 days
Golden Ocean Group has high likelihood to experience some financial distress in the next 2 years
Golden Ocean Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company reported the revenue of 463.9 M. Net Loss for the year was (2.35 M) with profit before overhead, payroll, taxes, and interest of 142.1 M.
On 1st of June 2021 Golden Ocean paid € 0.25 per share dividend to its current shareholders
Legal NameGolden Ocean Group
CEOBirgitte Vartdal  (View All)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Golden Ocean's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Golden Ocean Group (KT31) is traded on Stuttgart Stock Exchange in Germany and employs 32 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.18 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 Ocean Group has 132.37 M outstanding shares. Golden Ocean Group has accumulated about 328.19 M in cash with 93.54 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.28.
Check Golden Ocean Probability Of Bankruptcy

Golden Stock Price Odds Analysis

What are Golden Ocean's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Golden Ocean jumping above the current price in 90 days from now is about 60.7%. The Golden Ocean Group probability density function shows the probability of Golden Ocean stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Golden Ocean has a beta of 0.5229. This indicates as returns on the market go up, Golden Ocean average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Golden Ocean Group will be expected to be much smaller as well. Additionally, the company has an alpha of 0.2995, implying that it can generate a 0.3 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 8.03HorizonTargetOdds Up 8.03 
39.15%90 days
 8.03 
60.70%
Based on a normal probability distribution, the odds of Golden Ocean to move above the current price in 90 days from now is about 60.7 (This Golden Ocean Group probability density function shows the probability of Golden Stock to fall within a particular range of prices over 90 days) .

Golden Ocean Group Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Golden Ocean market risk premium is the additional return an investor will receive from holding Golden Ocean long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Golden Ocean. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Golden Ocean's alpha and beta are two of the key measurements used to evaluate Golden Ocean's performance over the market, the standard measures of volatility play an important role as well.

Golden Stock Against Markets

Picking the right benchmark for Golden Ocean stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Golden Ocean stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Golden Ocean is critical whether you are bullish or bearish towards Golden Ocean Group at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Golden Ocean without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Golden Ocean Corporate Management

Elected by the shareholders, the Golden Ocean's board of directors comprises two types of representatives: Golden Ocean inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Golden. The board's role is to monitor Golden Ocean's management team and ensure that shareholders' interests are well served. Golden Ocean's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Golden Ocean's outside directors are responsible for providing unbiased perspectives on the board's policies.
James OShaughnessy - Independent DirectorProfile
Thomas Semino - Chief Commercial Officer - Golden Ocean Management Asia Pte LtdProfile
Marius Hermansen - DirectorProfile
Lars Svensen - Chief Commercial Officer - Golden Ocean Management ASProfile
Ulrika Laurin - Independent DirectorProfile
Please see Stocks Correlation. Note that the Golden Ocean Group 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Other Tools for Golden Stock

When running Golden Ocean Group 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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