Vistra Gains 13.6 percent Since Q3 Earnings How Should You Play the Stock?
| DUKH Etf | USD 25.42 0.01 0.04% |
Under 62% of Ocean Park's investor base is looking to short. The current sentiment regarding investing in Ocean Park High etf implies that many traders are alarmed. Ocean Park's investing sentiment shows overall attitude of investors towards Ocean Park High.
Ocean |
VST is expected to gain from a likely increase in clean power demand in the region it operates. Hence, it may be wise to remain invested in this stock.
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Ocean Park Fundamental Analysis
We analyze Ocean Park's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ocean Park using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ocean Park based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Ocean Park is currently under evaluation in probability of bankruptcy as compared to similar ETFs. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Ocean Park High Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ocean Park etf to make a market-neutral strategy. Peer analysis of Ocean Park could also be used in its relative valuation, which is a method of valuing Ocean Park by comparing valuation metrics with similar companies.
Peers
Ocean Park Related Equities
| DMBS | Doubleline Etf | 0.20 | ||||
| DIAL | Columbia Diversified | 0.06 | ||||
| MINT | PIMCO Enhanced | 0.02 | ||||
| VCRB | Vanguard Core | 0.01 | ||||
| MBSF | Valued Advisers | 0.04 | ||||
| IG | Principal Exchange | 0.05 | ||||
| VABS | Virtus Newfleet | 0.08 | ||||
| VBND | Vident Core | 0.16 |
Check out Ocean Park Hype Analysis, Ocean Park Correlation and Ocean Park Performance. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.