Golden Non Recurring from 2010 to 2024

GOGL Stock  USD 11.14  0.05  0.45%   
Golden Ocean Non Recurring yearly trend continues to be quite stable with very little volatility. The value of Non Recurring is projected to decrease to about 911.4 K. From the period between 2010 and 2024, Golden Ocean, Non Recurring regression line of its data series had standard deviation of  79,157,385 and standard deviation of  79,157,385. View All Fundamentals
 
Non Recurring  
First Reported
2000-03-31
Previous Quarter
0.0
Current Value
0.0
Quarterly Volatility
25.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Golden Ocean financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden Ocean's main balance sheet or income statement drivers, such as Depreciation And Amortization of 142.3 M, Interest Expense of 108.8 M or Selling General Administrative of 19 M, as well as many indicators such as Price To Sales Ratio of 4.27, Dividend Yield of 0.0487 or PTB Ratio of 1.22. Golden financial statements analysis is a perfect complement when working with Golden Ocean Valuation or Volatility modules.
  
Check out the analysis of Golden Ocean Correlation against competitors.

Latest Golden Ocean's Non Recurring Growth Pattern

Below is the plot of the Non Recurring of Golden Ocean Group over the last few years. It is Golden Ocean's Non Recurring historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Golden Ocean's overall financial position and show how it may be relating to other accounts over time.
Non Recurring10 Years Trend
Slightly volatile
   Non Recurring   
       Timeline  

Golden Non Recurring Regression Statistics

Arithmetic Mean63,667,189
Geometric Mean8,233,661
Coefficient Of Variation124.33
Mean Deviation74,927,049
Median1,066,000
Standard Deviation79,157,385
Sample Variance6265.9T
Range156.4M
R-Value(0.85)
Mean Square Error1849.8T
R-Squared0.73
Significance0.000055
Slope(15,080,216)
Total Sum of Squares87722.5T

Golden Non Recurring History

2024911.4 K
2023959.4 K
20171.1 M
20162.8 M

About Golden Ocean Financial Statements

Golden Ocean investors utilize fundamental indicators, such as Non Recurring, to predict how Golden 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 ReportedProjected for Next Year
Non Recurring959.4 K911.4 K

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Golden Ocean Group is a strong investment it is important to analyze Golden Ocean's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Golden Ocean's future performance. For an informed investment choice regarding Golden Stock, refer to the following important reports:
Check out the analysis of Golden Ocean Correlation against competitors.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Marine Transportation space 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.
Quarterly Earnings Growth
0.822
Dividend Share
1
Earnings Share
1.07
Revenue Per Share
4.871
Quarterly Revenue Growth
0.172
The market value of Golden Ocean Group 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 if Golden Ocean is a good investment 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.