Ocean Roe from 2010 to 2024

OCEAW Stock   0.04  0  10.71%   
Ocean Biomedical ROE yearly trend continues to be fairly stable with very little volatility. ROE will likely drop to 0.01 in 2024. During the period from 2010 to 2024, Ocean Biomedical ROE regression line of quarterly data had mean square error of  5.44 and geometric mean of  0.38. View All Fundamentals
 
ROE  
First Reported
2010-12-31
Previous Quarter
0.006235
Current Value
0.005923
Quarterly Volatility
2.26639872
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ocean Biomedical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ocean Biomedical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Selling General Administrative of 34.3 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 3.44. Ocean financial statements analysis is a perfect complement when working with Ocean Biomedical Valuation or Volatility modules.
  
Check out the analysis of Ocean Biomedical Correlation against competitors.
For more information on how to buy Ocean Stock please use our How to Invest in Ocean Biomedical guide.

Latest Ocean Biomedical's Roe Growth Pattern

Below is the plot of the Roe of Ocean Biomedical over the last few years. It is Ocean Biomedical's ROE historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ocean Biomedical's overall financial position and show how it may be relating to other accounts over time.
Roe10 Years Trend
Pretty Stable
   Roe   
       Timeline  

Ocean Roe Regression Statistics

Arithmetic Mean1.27
Geometric Mean0.38
Coefficient Of Variation178.72
Mean Deviation1.08
Median0.88
Standard Deviation2.27
Sample Variance5.14
Range9.3527
R-Value0.13
Mean Square Error5.44
R-Squared0.02
Significance0.65
Slope0.07
Total Sum of Squares71.91

Ocean Roe History

2024 0.005923
2023 0.006235
2022 0.005422
2021 9.36

About Ocean Biomedical Financial Statements

Ocean Biomedical investors use historical fundamental indicators, such as Ocean Biomedical's Roe, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Ocean Biomedical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
ROE 0.01  0.01 

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Additional Tools for Ocean Stock Analysis

When running Ocean Biomedical's price analysis, check to measure Ocean Biomedical'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 Biomedical is operating at the current time. Most of Ocean Biomedical's value examination focuses on studying past and present price action to predict the probability of Ocean Biomedical'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 Biomedical's price. Additionally, you may evaluate how the addition of Ocean Biomedical to your portfolios can decrease your overall portfolio volatility.