Teza Capital Management LLC Sells 35297 Shares of Golden Ocean Group Limited - Defense World
| GOGL Stock | NOK 110.90 0.05 0.05% |
About 62% of Golden Ocean's investor base is looking to short. The analysis of current outlook of investing in Golden Ocean Group suggests that many traders are alarmed regarding Golden Ocean's prospects. Golden Ocean's investing sentiment shows overall attitude of investors towards Golden Ocean Group.
Golden Ocean stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Golden daily returns and investor perception about the current price of Golden Ocean Group as well as its diversification or hedging effects on your existing portfolios.
Golden |
Teza Capital Management LLC Sells 35297 Shares of Golden Ocean Group Limited Defense World
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Golden Ocean Fundamental Analysis
We analyze Golden Ocean's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Golden Ocean using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Golden Ocean 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.
Beta
Beta Comparative Analysis
Golden Ocean is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Golden Ocean Group 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 Golden Ocean stock to make a market-neutral strategy. Peer analysis of Golden Ocean could also be used in its relative valuation, which is a method of valuing Golden Ocean by comparing valuation metrics with similar companies.
Peers
Golden Ocean Related Equities
| JIN | Jinhui Shipping | 4.70 | ||||
| DNORD | Dampskibsselskabet | 1.24 | ||||
| FLNG | FLEX LNG | 0.60 | ||||
| BWLPG | BW LPG | 1.69 | ||||
| FRO | Frontline | 2.51 |
Additional Information and Resources on Investing in Golden Stock
When determining whether Golden Ocean Group is a strong investment it is important to analyze Golden Ocean's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Golden Ocean's future performance. For an informed investment choice regarding Golden Stock, refer to the following important reports:Check out Golden Ocean Hype Analysis, Golden Ocean Correlation and Golden Ocean Performance. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.