Oceanpal Stock Net Income
| SVRN Stock | 1.27 0.01 0.79% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess OceanPal's long-term financial health and intrinsic value.
| Last Reported | Projected for Next Year | ||
| Net Loss | -16.1 M | -15.3 M | |
| Net Loss | -16.1 M | -15.3 M | |
| Net Loss | (53.84) | (56.53) |
OceanPal | Net Income | Build AI portfolio with OceanPal Stock |
OceanPal Company Net Income Analysis
OceanPal's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current OceanPal Net Income | (17.86 M) |
Most of OceanPal's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, OceanPal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
OceanPal Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for OceanPal is extremely important. It helps to project a fair market value of OceanPal Stock properly, considering its historical fundamentals such as Net Income. Since OceanPal's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of OceanPal's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of OceanPal's interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
OceanPal Operating Income
Based on the recorded statements, OceanPal reported net income of (17.86 Million). This is 106.88% lower than that of the Industrials sector and significantly lower than that of the Marine Shipping industry. The net income for all United States stocks is 103.13% higher than that of the company.
OceanPal Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses OceanPal's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of OceanPal could also be used in its relative valuation, which is a method of valuing OceanPal by comparing valuation metrics of similar companies.OceanPal is currently under evaluation in net income category among its peers.
OceanPal Fundamentals
| Revenue | 25.7 M | ||||
| EBITDA | (10.55 M) | ||||
| Net Income | (17.86 M) | ||||
| Total Debt | 5.09 M | ||||
| Cash Flow From Operations | (3.53 M) | ||||
| Total Asset | 89.46 M | ||||
| Retained Earnings | (25.91 M) | ||||
| Working Capital | 9.02 M | ||||
| Net Asset | 89.46 M |
About OceanPal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze OceanPal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OceanPal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OceanPal based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with OceanPal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OceanPal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OceanPal will appreciate offsetting losses from the drop in the long position's value.Moving against OceanPal Stock
| 0.75 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.63 | OROVF | Orient Overseas | PairCorr |
| 0.59 | KB | KB Financial Group | PairCorr |
| 0.53 | AMKBF | AP Mller | PairCorr |
| 0.49 | CICOY | COSCO SHIPPING Holdings | PairCorr |
The ability to find closely correlated positions to OceanPal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OceanPal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OceanPal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OceanPal to buy it.
The correlation of OceanPal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OceanPal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OceanPal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for OceanPal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out OceanPal Piotroski F Score and OceanPal Altman Z Score analysis. To learn how to invest in OceanPal Stock, please use our How to Invest in OceanPal guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Marine Shipping space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OceanPal. If investors know OceanPal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OceanPal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of OceanPal is measured differently than its book value, which is the value of OceanPal that is recorded on the company's balance sheet. Investors also form their own opinion of OceanPal's value that differs from its market value or its book value, called intrinsic value, which is OceanPal'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 OceanPal's market value can be influenced by many factors that don't directly affect OceanPal'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 OceanPal's value and its price as these two are different measures arrived at by different means. Investors typically determine if OceanPal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OceanPal'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.