Ocean Research Development from 2010 to 2026

RUOC Stock  EUR 0.30  0.01  3.23%   
Ocean Power's Research Development is increasing over the last several years with slightly volatile swings. Research Development is predicted to flatten to about 6.1 M. During the period from 2010 to 2026 Ocean Power Technologies Research Development regressed destribution of quarterly values had coefficient of variationof  36.80 and r-value of  0.69. View All Fundamentals
 
Research Development  
First Reported
2010-12-31
Previous Quarter
11 M
Current Value
6.1 M
Quarterly Volatility
2.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Ocean Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ocean Power's main balance sheet or income statement drivers, such as Net Interest Income of 51.3 K, Interest Expense of 0.0 or Selling General Administrative of 8.8 M, as well as many indicators such as . Ocean financial statements analysis is a perfect complement when working with Ocean Power Valuation or Volatility modules.
  
This module can also supplement various Ocean Power Technical models . Check out the analysis of Ocean Power Correlation against competitors.
The Research Development trend for Ocean Power Technologies offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Ocean Power is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Ocean Power's Research Development Growth Pattern

Below is the plot of the Research Development of Ocean Power Technologies over the last few years. It is Ocean Power's Research Development historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ocean Power's overall financial position and show how it may be relating to other accounts over time.
Research Development10 Years Trend
Slightly volatile
   Research Development   
       Timeline  

Ocean Research Development Regression Statistics

Arithmetic Mean6,419,082
Geometric Mean6,069,256
Coefficient Of Variation36.80
Mean Deviation2,044,175
Median5,029,000
Standard Deviation2,362,049
Sample Variance5.6T
Range6.7M
R-Value0.69
Mean Square Error3.1T
R-Squared0.48
Significance0
Slope323,979
Total Sum of Squares89.3T

Ocean Research Development History

20266.1 M
202511 M
20219.6 M
20204.7 M
20194.3 M
2018M
20174.3 M

About Ocean Power Financial Statements

Ocean Power stakeholders use historical fundamental indicators, such as Ocean Power's Research Development, to determine how well the company is positioned to perform in the future. Although Ocean Power investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ocean Power's assets and liabilities are reflected in the revenues and expenses on Ocean Power's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ocean Power Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Research Development11 M6.1 M

Currently Active Assets on Macroaxis

When determining whether Ocean Power Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ocean Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ocean Power Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Ocean Power Technologies Stock:
Check out the analysis of Ocean Power Correlation against competitors.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
It's important to distinguish between Ocean Power's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Ocean Power should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Ocean Power's market price signifies the transaction level at which participants voluntarily complete trades.