Okeanis Interest Coverage from 2010 to 2026
| ECO Stock | 42.45 1.41 3.44% |
Interest Coverage | First Reported 2010-12-31 | Previous Quarter 2.73 | Current Value 2.2 | Quarterly Volatility 0.84068463 |
Check Okeanis Eco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Okeanis Eco's main balance sheet or income statement drivers, such as Depreciation And Amortization of 36.4 M, Interest Expense of 42 M or Selling General Administrative of 18.7 M, as well as many indicators such as Price To Sales Ratio of 2.06, Dividend Yield of 0.096 or PTB Ratio of 1.0. Okeanis financial statements analysis is a perfect complement when working with Okeanis Eco Valuation or Volatility modules.
Okeanis | Interest Coverage | Build AI portfolio with Okeanis Stock |
Evaluating Okeanis Eco's Interest Coverage across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Okeanis Eco Tankers's fundamental strength.
Latest Okeanis Eco's Interest Coverage Growth Pattern
Below is the plot of the Interest Coverage of Okeanis Eco Tankers over the last few years. It is Okeanis Eco's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Okeanis Eco's overall financial position and show how it may be relating to other accounts over time.
| Interest Coverage | 10 Years Trend |
|
Interest Coverage |
| Timeline |
Okeanis Interest Coverage Regression Statistics
| Arithmetic Mean | 2.12 | |
| Geometric Mean | 1.99 | |
| Coefficient Of Variation | 39.65 | |
| Mean Deviation | 0.70 | |
| Median | 1.62 | |
| Standard Deviation | 0.84 | |
| Sample Variance | 0.71 | |
| Range | 2.93 | |
| R-Value | 0.58 | |
| Mean Square Error | 0.50 | |
| R-Squared | 0.34 | |
| Significance | 0.01 | |
| Slope | 0.1 | |
| Total Sum of Squares | 11.31 |
Okeanis Interest Coverage History
About Okeanis Eco Financial Statements
Okeanis Eco investors utilize fundamental indicators, such as Interest Coverage, to predict how Okeanis Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Interest Coverage | 2.73 | 2.20 |
Pair Trading with Okeanis Eco
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 Okeanis Eco 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 Okeanis Eco will appreciate offsetting losses from the drop in the long position's value.Moving together with Okeanis Stock
| 0.74 | SB | Safe Bulkers Earnings Call This Week | PairCorr |
| 0.63 | 37H | Global Ship Lease | PairCorr |
| 0.83 | DAC | Danaos Earnings Call This Week | PairCorr |
| 0.79 | DSX | Diana Shipping | PairCorr |
Moving against Okeanis Stock
The ability to find closely correlated positions to Okeanis Eco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Okeanis Eco 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 Okeanis Eco - 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 Okeanis Eco Tankers to buy it.
The correlation of Okeanis Eco 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 Okeanis Eco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Okeanis Eco Tankers 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 Okeanis Eco 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.Check out the analysis of Okeanis Eco Correlation against competitors. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Will Marine Transportation sector continue expanding? Could Okeanis diversify its offerings? Factors like these will boost the valuation of Okeanis Eco. Projected growth potential of Okeanis fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Okeanis Eco data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.653 | Dividend Share 2.12 | Earnings Share 2.38 | Revenue Per Share | Quarterly Revenue Growth 0.067 |
Understanding Okeanis Eco Tankers requires distinguishing between market price and book value, where the latter reflects Okeanis's accounting equity. The concept of intrinsic value - what Okeanis Eco's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Okeanis Eco's price substantially above or below its fundamental value.
It's important to distinguish between Okeanis Eco's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Okeanis Eco should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Okeanis Eco's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.