Oceanic Iron Ore Performance
| FEOVFDelisted Stock | USD 0.07 0.00 0.00% |
The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Oceanic Iron are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Oceanic Iron Ore has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Oceanic Iron is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 46.6 K | |
| Total Cashflows From Investing Activities | -114.9 K |
Oceanic |
Oceanic Iron Relative Risk vs. Return Landscape
If you would invest 7.00 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 negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Oceanic, and 99% 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 pink sheets, 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 = 0.0
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Based on monthly moving average Oceanic Iron is not performing at its full potential. However, 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 Oceanic Iron to a well-diversified portfolio.
Oceanic Iron Fundamentals Growth
Oceanic Pink Sheet 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 Pink Sheet performance.
| Return On Equity | 0.0329 | |||
| Return On Asset | -0.0079 | |||
| Current Valuation | 8.66 M | |||
| Shares Outstanding | 98.99 M | |||
| Price To Earning | 5.44 X | |||
| Price To Book | 0.19 X | |||
| EBITDA | 3.46 M | |||
| Cash And Equivalents | 51.44 K | |||
| Total Debt | 1.94 M | |||
| Debt To Equity | 0.08 % | |||
| Book Value Per Share | 0.40 X | |||
| Cash Flow From Operations | (817.12 K) | |||
| Earnings Per Share | 0.01 X | |||
| Total Asset | 44.22 M | |||
| Retained Earnings | (22.1 M) | |||
| Current Asset | 1.9 M | |||
| Current Liabilities | 860 K | |||
About Oceanic Iron Performance
By analyzing Oceanic Iron's fundamental ratios, stakeholders can gain valuable insights into Oceanic Iron's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. 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.
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 Other Industrial Metals Mining classification in the United States and is traded on OTC 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. Pink Sheet 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 not yet fully synchronised with the market data | |
| Oceanic Iron Ore generated a negative expected return over the last 90 days | |
| Oceanic Iron Ore has some characteristics of a very speculative penny stock | |
| Oceanic Iron Ore has a very high chance of going through financial distress in the upcoming years | |
| Oceanic Iron Ore has accumulated 1.94 M in total debt with debt to equity ratio (D/E) of 0.08, which may suggest the company is not taking enough advantage from borrowing. Oceanic Iron Ore has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Oceanic Iron until it has trouble settling it off, either with new capital or with free cash flow. So, Oceanic Iron's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Oceanic Iron Ore sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Oceanic to invest in growth at high rates of return. When we think about Oceanic Iron's use of debt, we should always consider it together with cash and equity. | |
| Oceanic Iron Ore has accumulated about 51.44 K in cash with (817.12 K) of positive cash flow from operations. | |
| Roughly 54.0% of Oceanic Iron 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 pink sheet. These opinions can provide insight into Oceanic Iron's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in Oceanic Pink Sheet
If you are still planning to invest in Oceanic Iron Ore check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Oceanic Iron's history and understand the potential risks before investing.
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