Offshore Oil (China) Performance
| 600583 Stock | 5.32 0.07 1.30% |
The company holds a Beta of -0.61, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Offshore Oil are expected to decrease at a much lower rate. During the bear market, Offshore Oil is likely to outperform the market. At this point, Offshore Oil Engineering has a negative expected return of -0.0011%. Please make sure to check Offshore Oil's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Offshore Oil Engineering performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Offshore Oil Engineering has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Offshore Oil is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Payout Ratio 0.3267 | Last Split Factor 1.2:1 | Ex Dividend Date 2024-06-18 | Last Split Date 2010-05-07 |
1 | CNOOC Advances High-Pressure Development - Offshore Engineer | 08/26/2024 |
2 | US Offshore Oil Production Reawakens in Wake of Hurricane Francine - Offshore Engineer | 09/13/2024 |
3 | SBM Offshore and Technip Energies to Build TotalEnergies GranMorgu FPSO - Offshore Engineer | 11/14/2024 |
| Begin Period Cash Flow | 2.1 B | |
| Free Cash Flow | 4.3 B |
Offshore |
Offshore Oil Relative Risk vs. Return Landscape
If you would invest 540.00 in Offshore Oil Engineering on August 28, 2024 and sell it today you would lose (8.00) from holding Offshore Oil Engineering or give up 1.48% of portfolio value over 90 days. Offshore Oil Engineering is generating negative expected returns and assumes 2.2392% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Offshore, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Offshore Oil Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Offshore Oil's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Offshore Oil Engineering, and traders can use it to determine the average amount a Offshore Oil's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -5.0E-4
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| Negative Returns | 600583 |
Estimated Market Risk
| 2.24 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Offshore Oil is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Offshore Oil by adding Offshore Oil to a well-diversified portfolio.
Offshore Oil Fundamentals Growth
Offshore Stock prices reflect investors' perceptions of the future prospects and financial health of Offshore Oil, and Offshore Oil fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Offshore Stock performance.
| Return On Equity | 0.0733 | ||||
| Return On Asset | 0.0214 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 8.35 B | ||||
| Shares Outstanding | 4.42 B | ||||
| Price To Book | 0.91 X | ||||
| Price To Sales | 0.78 X | ||||
| Revenue | 30.75 B | ||||
| Gross Profit | 2.64 B | ||||
| EBITDA | 2.98 B | ||||
| Net Income | 1.62 B | ||||
| Total Debt | 16.47 B | ||||
| Book Value Per Share | 5.86 X | ||||
| Cash Flow From Operations | 5.12 B | ||||
| Earnings Per Share | 0.45 X | ||||
| Total Asset | 43.25 B | ||||
| Retained Earnings | 13.96 B | ||||
About Offshore Oil Performance
By analyzing Offshore Oil's fundamental ratios, stakeholders can gain valuable insights into Offshore Oil's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Offshore Oil has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Offshore Oil has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Offshore Oil is entity of China. It is traded as Stock on SHG exchange.Things to note about Offshore Oil Engineering performance evaluation
Checking the ongoing alerts about Offshore Oil for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Offshore Oil Engineering help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Offshore Oil generated a negative expected return over the last 90 days | |
| About 55.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: SBM Offshore and Technip Energies to Build TotalEnergies GranMorgu FPSO - Offshore Engineer |
- Analyzing Offshore Oil's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Offshore Oil's stock is overvalued or undervalued compared to its peers.
- Examining Offshore Oil's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Offshore Oil's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Offshore Oil's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Offshore Oil's stock. These opinions can provide insight into Offshore Oil's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Offshore Stock analysis
When running Offshore Oil's price analysis, check to measure Offshore Oil'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 Offshore Oil is operating at the current time. Most of Offshore Oil's value examination focuses on studying past and present price action to predict the probability of Offshore Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Offshore Oil's price. Additionally, you may evaluate how the addition of Offshore Oil to your portfolios can decrease your overall portfolio volatility.
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