Ocean Park Financial Statements From 2010 to 2024
| DUKH Etf | USD 25.54 0.01 0.04% |
Check Ocean Park financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ocean Park'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 Park Valuation or Volatility modules.
Ocean |
Ocean Park High ETF Beta Analysis
Ocean Park's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Ocean Park Beta | 0.08 |
Most of Ocean Park's fundamental indicators, such as Beta, 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 Park High is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Ocean Park High has a Beta of 0.08. This is much higher than that of the family and significantly higher than that of the High Yield Bond category. The beta for all United States etfs is notably lower than that of the firm.
Ocean Park High Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ocean Park's current stock value. Our valuation model uses many indicators to compare Ocean Park value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ocean Park competition to find correlations between indicators driving Ocean Park's intrinsic value. More Info.Ocean Park High is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Ocean Park High is roughly 14.50 . 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 Park's earnings, one of the primary drivers of an investment's value.About Ocean Park Financial Statements
Investors use fundamental indicators, such as Ocean Park's revenue or net income, to determine how well the company is positioned to perform in the future. Although Ocean Park's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. Duke Energy Corporation is headquartered in Charlotte, North Carolina. Duke Energy is traded on New York Stock Exchange in USA.
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When determining whether Ocean Park High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ocean Park's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ocean Park High Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ocean Park High Etf:Check out the analysis of Ocean Park Correlation against competitors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of Ocean Park High 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 Park's value that differs from its market value or its book value, called intrinsic value, which is Ocean Park'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 Park's market value can be influenced by many factors that don't directly affect Ocean Park'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 Ocean Park's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ocean Park is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ocean Park'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.