Ocean Biomedical Stock Price History

OCEAW Stock   0.04  0.01  14.25%   
If you're considering investing in Ocean Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ocean Biomedical stands at 0.04, as last reported on the 22nd of November, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. Ocean Biomedical is out of control given 3 months investment horizon. Ocean Biomedical maintains Sharpe Ratio (i.e., Efficiency) of 0.098, which implies the firm had a 0.098% return per unit of risk over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 2.74% are justified by taking the suggested risk. Use Ocean Biomedical Coefficient Of Variation of 1188.5, risk adjusted performance of 0.0731, and Semi Deviation of 12.8 to evaluate company specific risk that cannot be diversified away.
  
At this time, Ocean Biomedical's Total Stockholder Equity is fairly stable compared to the past year. Capital Stock is likely to climb to about 133.4 M in 2024, whereas Other Stockholder Equity is likely to drop (4.1 M) in 2024. . At this time, Ocean Biomedical's Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to climb to 3.44 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop (479.98) in 2024. Ocean Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.098

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Estimated Market Risk

 27.97
  actual daily
96
96% of assets are less volatile

Expected Return

 2.74
  actual daily
54
54% of assets have lower returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Ocean Biomedical is performing at about 7% 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 Ocean Biomedical by adding it to a well-diversified portfolio.
Shares Short Prior Month
8.4 K
Shares Short
33 K

Ocean Biomedical Stock Price History Chart

There are several ways to analyze Ocean Stock price data. The simplest method is using a basic Ocean candlestick price chart, which shows Ocean Biomedical price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceAugust 29, 20240.0571
Lowest PriceAugust 28, 20240.0205

Ocean Biomedical November 22, 2024 Stock Price Synopsis

Various analyses of Ocean Biomedical's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Ocean Stock. It can be used to describe the percentage change in the price of Ocean Biomedical from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Ocean Stock.
Ocean Biomedical Price Action Indicator(0.01)
Ocean Biomedical Price Rate Of Daily Change 0.86 
Ocean Biomedical Price Daily Balance Of Power(1.03)

Ocean Biomedical November 22, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Ocean Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Ocean Biomedical intraday prices and daily technical indicators to check the level of noise trading in Ocean Stock and then apply it to test your longer-term investment strategies against Ocean.

Ocean Stock Price History Data

The price series of Ocean Biomedical for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 has a statistical range of 0.04 with a coefficient of variation of 16.8. The daily prices for the period are spread out with arithmetic mean of 0.04. The median price for the last 90 days is 0.04.
OpenHighLowCloseVolume
11/22/2024
 0.04  0.04  0.04  0.04 
11/20/2024 0.04  0.04  0.04  0.04  7,046 
11/19/2024 0.04  0.04  0.04  0.04  127.00 
11/14/2024 0.04  0.04  0.04  0.04  900.00 
11/12/2024 0.04  0.05  0.04  0.04  4,075 
11/11/2024 0.03  0.03  0.03  0.03  210.00 
11/08/2024 0.05  0.05  0.05  0.05  464.00 
11/07/2024 0.03  0.04  0.03  0.04  600.00 
11/06/2024 0.03  0.04  0.03  0.04  2,797 
11/05/2024 0.04  0.04  0.04  0.04  852.00 
11/04/2024 0.05  0.05  0.03  0.05  32,437 
11/01/2024 0.04  0.04  0.04  0.04  2,744 
10/30/2024 0.05  0.05  0.04  0.04  578.00 
10/29/2024 0.04  0.04  0.04  0.04  100.00 
10/28/2024 0.05  0.05  0.04  0.04  6,453 
10/25/2024 0.05  0.05  0.04  0.04  8,498 
10/24/2024 0.05  0.05  0.05  0.05  19,677 
10/23/2024 0.05  0.05  0.04  0.05  14,580 
10/22/2024 0.04  0.05  0.04  0.04  47,977 
10/21/2024 0.04  0.04  0.03  0.04  42,511 
10/18/2024 0.04  0.04  0.04  0.04  16,654 
10/17/2024 0.04  0.04  0.03  0.04  119,541 
10/16/2024 0.04  0.05  0.03  0.04  225,520 
10/15/2024 0.03  0.04  0.03  0.03  29,487 
10/14/2024 0.04  0.04  0.02  0.04  44,075 
10/11/2024 0.04  0.04  0.02  0.04  22,529 
10/10/2024 0.03  0.04  0.02  0.04  47,157 
10/09/2024 0.04  0.04  0.04  0.04  12,268 
10/08/2024 0.04  0.04  0.04  0.04  5,383 
10/07/2024 0.04  0.05  0.04  0.04  10,612 
10/04/2024 0.05  0.05  0.04  0.05  8,550 
10/03/2024 0.04  0.04  0.04  0.04  12,708 
10/02/2024 0.04  0.04  0.04  0.04  46,157 
10/01/2024 0.04  0.05  0.04  0.05  21,960 
09/30/2024 0.05  0.05  0.04  0.05  39,567 
09/27/2024 0.05  0.05  0.04  0.05  38,094 
09/26/2024 0.05  0.05  0.03  0.04  57,301 
09/25/2024 0.04  0.05  0.04  0.04  293,133 
09/24/2024 0.04  0.04  0.04  0.04  11,341 
09/23/2024 0.03  0.03  0.03  0.03  10,673 
09/20/2024 0.04  0.04  0.03  0.03  6,166 
09/19/2024 0.04  0.04  0.03  0.03  15,471 
09/18/2024 0.04  0.04  0.03  0.04  21,670 
09/17/2024 0.04  0.04  0.04  0.04  169.00 
09/16/2024 0.04  0.04  0.03  0.04  169.00 
09/13/2024 0.03  0.04  0.03  0.04  41,355 
09/12/2024 0.04  0.04  0.04  0.04  6,973 
09/11/2024 0.04  0.04  0.03  0.04  38,138 
09/10/2024 0.04  0.04  0.03  0.04  25,098 
09/09/2024 0.05  0.05  0.05  0.05  18,151 
09/06/2024 0.05  0.05  0.04  0.05  27,868 
09/05/2024 0.04  0.05  0.04  0.05  135,673 
09/04/2024 0.06  0.08  0.04  0.04  542,492 
09/03/2024 0.04  0.04  0.03  0.04  102,522 
08/30/2024 0.06  0.06  0.04  0.05  94,064 
08/29/2024 0.03  0.06  0.03  0.06  481,725 
08/28/2024 0.03  0.03  0.02  0.02  11,907 
08/27/2024 0.03  0.03  0.02  0.02  243,616 
08/26/2024 0.04  0.04  0.02  0.03  10,062 
08/23/2024 0.04  0.04  0.04  0.04  15,577 
08/22/2024 0.04  0.04  0.04  0.04  23,092 

About Ocean Biomedical Stock history

Ocean Biomedical investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ocean is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ocean Biomedical will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ocean Biomedical stock prices may prove useful in developing a viable investing in Ocean Biomedical
Last ReportedProjected for Next Year
Common Stock Shares Outstanding42 M24.8 M

Ocean Biomedical Stock Technical Analysis

Ocean Biomedical technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Ocean Biomedical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ocean Biomedical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Ocean Biomedical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ocean Biomedical's price direction in advance. Along with the technical and fundamental analysis of Ocean Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ocean to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Ocean Stock Analysis

When running Ocean Biomedical's price analysis, check to measure Ocean Biomedical'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 Ocean Biomedical is operating at the current time. Most of Ocean Biomedical's value examination focuses on studying past and present price action to predict the probability of Ocean Biomedical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Biomedical's price. Additionally, you may evaluate how the addition of Ocean Biomedical to your portfolios can decrease your overall portfolio volatility.