Ocean Financial Statements From 2010 to 2025
| CPWR Stock | USD 0.01 0.01 36.36% |
Check Ocean Thermal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ocean Thermal's main balance sheet or income statement drivers, such as , as well as many indicators such as . Ocean financial statements analysis is a perfect complement when working with Ocean Thermal Valuation or Volatility modules.
Ocean |
Ocean Thermal Energy Company Shares Owned By Insiders Analysis
Ocean Thermal's Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
More About Shares Owned By Insiders | All Equity Analysis
Insiders Shares | = | Executives Shares | + | Employees |
Current Ocean Thermal Shares Owned By Insiders | 5.11 % |
Most of Ocean Thermal's fundamental indicators, such as Shares Owned By Insiders, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ocean Thermal Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
| Competition |
Based on the latest financial disclosure, 5.11% of Ocean Thermal Energy are shares owned by insiders. This is 57.17% lower than that of the Utilities sector and significantly higher than that of the Utilities—Renewable industry. The shares owned by insiders for all United States stocks is 49.36% higher than that of the company.
Ocean Thermal Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ocean Thermal's current stock value. Our valuation model uses many indicators to compare Ocean Thermal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ocean Thermal competition to find correlations between indicators driving Ocean Thermal's intrinsic value. More Info.Ocean Thermal Energy is rated below average in return on asset category among its peers. It is rated third in current valuation category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ocean Thermal's earnings, one of the primary drivers of an investment's value.About Ocean Thermal Financial Statements
Ocean Thermal shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Ocean Thermal investors may analyze each financial statement separately, they are all interrelated. The changes in Ocean Thermal's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ocean Thermal's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Ocean Thermal Energy Corporation, together with its subsidiaries, engages in the development of projects for renewable power generation, desalinated water production, and air conditioning worldwide. The company was founded in 1998 and is headquartered in Lancaster, Pennsylvania. Ocean Thermal operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange. It employs 3 people.
Pair Trading with Ocean Thermal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ocean Thermal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ocean Thermal will appreciate offsetting losses from the drop in the long position's value.Moving against Ocean Pink Sheet
| 0.53 | OEZVF | VERBUND AG | PairCorr |
| 0.42 | CLPXY | China Longyuan Power | PairCorr |
| 0.31 | DNNGY | Orsted AS ADR | PairCorr |
| 0.31 | CZAVF | CEZ a s | PairCorr |
The ability to find closely correlated positions to Ocean Thermal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ocean Thermal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ocean Thermal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ocean Thermal Energy to buy it.
The correlation of Ocean Thermal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ocean Thermal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ocean Thermal Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ocean Thermal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Ocean Pink Sheet Analysis
When running Ocean Thermal's price analysis, check to measure Ocean Thermal'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 Thermal is operating at the current time. Most of Ocean Thermal's value examination focuses on studying past and present price action to predict the probability of Ocean Thermal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Thermal's price. Additionally, you may evaluate how the addition of Ocean Thermal to your portfolios can decrease your overall portfolio volatility.