Okeanis Eco (Norway) Performance
| OET Stock | NOK 253.00 1.00 0.39% |
The company holds a Beta of 0.15, which implies not very significant fluctuations relative to the market. As returns on the market increase, Okeanis Eco's returns are expected to increase less than the market. However, during the bear market, the loss of holding Okeanis Eco is expected to be smaller as well. At this point, Okeanis Eco Tankers has a negative expected return of -0.29%. Please make sure to check Okeanis Eco's total risk alpha, kurtosis, market facilitation index, as well as the relationship between the value at risk and rate of daily change , to decide if Okeanis Eco Tankers performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Okeanis Eco Tankers has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unfluctuating performance in the last few months, the Stock's basic indicators remain quite persistent which may send shares a bit higher in December 2024. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
| Begin Period Cash Flow | 23.3 M | |
| Total Cashflows From Investing Activities | 285.7 M | |
| Free Cash Flow | 8.2 M |
Okeanis |
Okeanis Eco Relative Risk vs. Return Landscape
If you would invest 31,075 in Okeanis Eco Tankers on August 28, 2024 and sell it today you would lose (5,775) from holding Okeanis Eco Tankers or give up 18.58% of portfolio value over 90 days. Okeanis Eco Tankers is producing return of less than zero assuming 2.4105% volatility of returns over the 90 days investment horizon. Simply put, 21% of all stocks have less volatile historical return distribution than Okeanis Eco, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Okeanis Eco Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Okeanis Eco's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Okeanis Eco Tankers, and traders can use it to determine the average amount a Okeanis Eco'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 = -0.1191
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Estimated Market Risk
| 2.41 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Okeanis Eco 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 Okeanis Eco by adding Okeanis Eco to a well-diversified portfolio.
Okeanis Eco Fundamentals Growth
Okeanis Stock prices reflect investors' perceptions of the future prospects and financial health of Okeanis Eco, and Okeanis Eco 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 Okeanis Stock performance.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0297 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.28 % | |||
| Current Valuation | 12.48 B | |||
| Shares Outstanding | 32.19 M | |||
| Price To Earning | 15.70 X | |||
| Price To Book | 1.48 X | |||
| Price To Sales | 29.18 X | |||
| Revenue | 169 M | |||
| EBITDA | 64.85 M | |||
| Cash And Equivalents | 38.18 M | |||
| Cash Per Share | 0.78 X | |||
| Total Debt | 534.78 M | |||
| Debt To Equity | 1.62 % | |||
| Book Value Per Share | 11.92 X | |||
| Cash Flow From Operations | 28.59 M | |||
| Earnings Per Share | 13.00 X | |||
| Total Asset | 954.59 M | |||
About Okeanis Eco Performance
By examining Okeanis Eco's fundamental ratios, stakeholders can obtain critical insights into Okeanis Eco's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Okeanis Eco is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Okeanis Eco Tankers Corp. owns, charters out, and operates tanker vessels. The company was incorporated in 2018 and is based in Piraeus, Greece. OKEANIS ECO operates under Marine Shipping classification in Norway and is traded on Oslo Stock Exchange.Things to note about Okeanis Eco Tankers performance evaluation
Checking the ongoing alerts about Okeanis Eco for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Okeanis Eco Tankers help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Okeanis Eco Tankers generated a negative expected return over the last 90 days | |
| The company reported the revenue of 169 M. Net Loss for the year was (902.9 K) with profit before overhead, payroll, taxes, and interest of 83.3 M. | |
| About 68.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Okeanis Eco'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 Okeanis Eco's stock is overvalued or undervalued compared to its peers.
- Examining Okeanis Eco'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 Okeanis Eco's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Okeanis Eco's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Okeanis Eco's stock. These opinions can provide insight into Okeanis Eco's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Information and Resources on Investing in Okeanis Stock
When determining whether Okeanis Eco Tankers offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Okeanis Eco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Okeanis Eco Tankers Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Okeanis Eco Tankers Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Okeanis Eco Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.