Oceanic Iron Ore Stock Performance
| FEO Stock | CAD 0.14 0.01 6.67% |
On a scale of 0 to 100, Oceanic Iron holds a performance score of 3. The company holds a Beta of 2.0, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Oceanic Iron will likely underperform. Please check Oceanic Iron's information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Oceanic Iron's historical price patterns will revert.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Oceanic Iron Ore are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, Oceanic Iron showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:10 | Last Split Date 2014-07-02 |
1 | OCEANIC ANNOUNCES SETTLEMENT OF DEBENTURE INTEREST FOR COMMON SHARES - Yahoo Finance | 10/01/2024 |
| Begin Period Cash Flow | 662.8 K |
Oceanic |
Oceanic Iron Relative Risk vs. Return Landscape
If you would invest 14.00 in Oceanic Iron Ore on September 20, 2024 and sell it today you would earn a total of 0.00 from holding Oceanic Iron Ore or generate 0.0% return on investment over 90 days. Oceanic Iron Ore is currently producing 0.5503% returns and takes up 10.8815% volatility of returns over 90 trading days. Put another way, 96% of traded stocks are less volatile than Oceanic, and 90% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Oceanic Iron Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oceanic Iron's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Oceanic Iron Ore, and traders can use it to determine the average amount a Oceanic Iron'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 = 0.0506
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FEO | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 10.88 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Oceanic Iron is performing at about 3% of its full potential. 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 Oceanic Iron by adding it to a well-diversified portfolio.
Oceanic Iron Fundamentals Growth
Oceanic Stock prices reflect investors' perceptions of the future prospects and financial health of Oceanic Iron, and Oceanic Iron 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 Oceanic Stock performance.
| Return On Equity | -0.0602 | ||||
| Return On Asset | -0.0079 | ||||
| Current Valuation | 24.59 M | ||||
| Shares Outstanding | 113.26 M | ||||
| Price To Earning | (3.21) X | ||||
| Price To Book | 0.45 X | ||||
| Gross Profit | (27.83 K) | ||||
| EBITDA | (605.45 K) | ||||
| Net Income | 51.6 K | ||||
| Cash And Equivalents | 1.28 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 92.65 K | ||||
| Debt To Equity | 9.90 % | ||||
| Book Value Per Share | 0.37 X | ||||
| Cash Flow From Operations | (231.13 K) | ||||
| Earnings Per Share | (0.06) X | ||||
| Total Asset | 44.74 M | ||||
| Retained Earnings | (33.87 M) | ||||
About Oceanic Iron Performance
Evaluating Oceanic Iron's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Oceanic Iron 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 Oceanic Iron has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Oceanic Iron Ore Corp., an exploration stage company, acquires and explores for iron ore properties in Qubec, Canada. Oceanic Iron Ore Corp. was incorporated in 1986 and is headquartered in Vancouver, Canada. OCEANIC IRON operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.Things to note about Oceanic Iron Ore performance evaluation
Checking the ongoing alerts about Oceanic Iron for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Oceanic Iron Ore help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Oceanic Iron Ore is way too risky over 90 days horizon | |
| Oceanic Iron Ore has some characteristics of a very speculative penny stock | |
| Oceanic Iron Ore appears to be risky and price may revert if volatility continues | |
| Oceanic Iron Ore has high likelihood to experience some financial distress in the next 2 years | |
| Oceanic Iron Ore has accumulated about 1.28 M in cash with (231.13 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 56.0% of the company shares are held by company insiders |
- Analyzing Oceanic Iron'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 Oceanic Iron's stock is overvalued or undervalued compared to its peers.
- Examining Oceanic Iron'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 Oceanic Iron's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Oceanic Iron's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Oceanic Iron's stock. These opinions can provide insight into Oceanic Iron's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Oceanic Stock Analysis
When running Oceanic Iron's price analysis, check to measure Oceanic Iron'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 Oceanic Iron is operating at the current time. Most of Oceanic Iron's value examination focuses on studying past and present price action to predict the probability of Oceanic Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oceanic Iron's price. Additionally, you may evaluate how the addition of Oceanic Iron to your portfolios can decrease your overall portfolio volatility.