Ocean Park Financials
| DUKH Etf | USD 25.26 0.04 0.16% |
Ocean |
The data published in Ocean Park's official financial statements typically reflect Ocean Park's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Ocean Park's quantitative information. For example, before you start analyzing numbers published by Ocean accountants, it's essential to understand Ocean Park's liquidity, profitability, and earnings quality within the context of the High Yield Bond space in which it operates.
Ocean Park Etf Summary
Ocean Park competes with TCW ETF, IShares JP, Fidelity High, and Federated Hermes. 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.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| CUSIP | 66538J290 |
| Region | Global |
| Investment Issuer | Ocean Park Asset Management |
| Location | Ohio; U.S.A |
| Business Address | 550 South Tryon |
| Fund Category | Broad Debt |
| Portfolio Concentration | High Yield |
| Benchmark | Dow Jones Industrial |
| Website | www.duke-energy.com |
| Phone | 704 382 3853 |
| Currency | USD - US Dollar |
Ocean Park Key Financial Ratios
Ocean Financial Ratios 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 rated # 2 ETF in price to earning as compared to similar ETFs. It also is rated # 2 ETF 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.Ocean Park High Systematic Risk
Ocean Park's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ocean Park volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourty-five with a total number of output elements of sixteen. The Beta measures systematic risk based on how returns on Ocean Park High correlated with the market. If Beta is less than 0 Ocean Park generally moves in the opposite direction as compared to the market. If Ocean Park Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ocean Park High is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ocean Park is generally in the same direction as the market. If Beta > 1 Ocean Park moves generally in the same direction as, but more than the movement of the benchmark.
About Ocean Park Financials
What exactly are Ocean Park Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Ocean Park's income statement, its balance sheet, and the statement of cash flows. Potential Ocean Park investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Ocean Park investors may use each financial statement separately, they are all related. The changes in Ocean Park's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ocean Park's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Ocean Park Thematic Clasifications
Ocean Park High is part of several thematic ideas from High Yield ETFs to Broad Debt ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasOcean Park January 31, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ocean Park help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ocean Park High. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ocean Park High based on widely used predictive technical indicators. In general, we focus on analyzing Ocean Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ocean Park's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2285 | |||
| Information Ratio | (0.45) | |||
| Maximum Drawdown | 1.15 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 0.3939 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ocean Park High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Stocks Directory module to find actively traded stocks across global markets.
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.