Oceana Financials
| OCE Stock | 6,820 50.00 0.73% |
Oceana |
Understanding current and past Oceana Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Oceana's financial statements are interrelated, with each one affecting the others. For example, an increase in Oceana's assets may result in an increase in income on the income statement.
Please note, the presentation of Oceana's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Oceana's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Oceana's management manipulating its earnings.
| Foreign Associate | USA |
| Instrument | South Africa Stock View All |
| Exchange | Johannesburg Exchange |
| ISIN | ZAE000025284 |
| Business Address | Oceana House, Cape |
| Sector | Consumer Defensive |
| Industry | Packaged Foods |
| Benchmark | Dow Jones Industrial |
| Website | www.oceana.co.za |
| Phone | 27 21 410 1453 |
You should never invest in Oceana without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Oceana Stock, because this is throwing your money away. Analyzing the key information contained in Oceana's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Oceana Key Financial Ratios
There are many critical financial ratios that Oceana's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Oceana reports annually and quarterly.| Return On Equity | 0.13 | |||
| Return On Asset | 0.0612 | |||
| Target Price | 72.69 | |||
| Beta | 0.34 | |||
| Z Score | 1.2 |
Oceana Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Oceana's current stock value. Our valuation model uses many indicators to compare Oceana value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Oceana competition to find correlations between indicators driving Oceana's intrinsic value. More Info.Oceana is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.48 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Oceana is roughly 2.06 . 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 Oceana's earnings, one of the primary drivers of an investment's value.Oceana Systematic Risk
Oceana's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Oceana 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Oceana correlated with the market. If Beta is less than 0 Oceana generally moves in the opposite direction as compared to the market. If Oceana Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Oceana is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Oceana is generally in the same direction as the market. If Beta > 1 Oceana moves generally in the same direction as, but more than the movement of the benchmark.
Oceana November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Oceana help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Oceana. We use our internally-developed statistical techniques to arrive at the intrinsic value of Oceana based on widely used predictive technical indicators. In general, we focus on analyzing Oceana Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Oceana's daily price indicators and compare them against related drivers.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 5.64 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.57 |
Complementary Tools for Oceana Stock analysis
When running Oceana's price analysis, check to measure Oceana'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 Oceana is operating at the current time. Most of Oceana's value examination focuses on studying past and present price action to predict the probability of Oceana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oceana's price. Additionally, you may evaluate how the addition of Oceana to your portfolios can decrease your overall portfolio volatility.
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