Ocean Sun (Norway) Performance
| OSUN Stock | NOK 1.89 0.02 1.05% |
On a scale of 0 to 100, Ocean Sun holds a performance score of 3. The company holds a Beta of 0.32, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Ocean Sun's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ocean Sun is expected to be smaller as well. Please check Ocean Sun's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Ocean Sun's historical price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Ocean Sun As are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting essential indicators, Ocean Sun disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 95.1 M | |
| Free Cash Flow | -18 M |
Ocean |
Ocean Sun Relative Risk vs. Return Landscape
If you would invest 177.00 in Ocean Sun As on September 1, 2024 and sell it today you would earn a total of 12.00 from holding Ocean Sun As or generate 6.78% return on investment over 90 days. Ocean Sun As is generating 0.2861% of daily returns and assumes 6.295% volatility on return distribution over the 90 days horizon. Simply put, 56% of stocks are less volatile than Ocean, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ocean Sun Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ocean Sun's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ocean Sun As, and traders can use it to determine the average amount a Ocean Sun'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 = 0.0454
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Estimated Market Risk
| 6.3 actual daily | 56 56% of assets are less volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Ocean Sun is performing at about 3% 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 Sun by adding it to a well-diversified portfolio.
Ocean Sun Fundamentals Growth
Ocean Stock prices reflect investors' perceptions of the future prospects and financial health of Ocean Sun, and Ocean Sun 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 Ocean Stock performance.
| Return On Equity | -0.25 | |||
| Return On Asset | -0.16 | |||
| Operating Margin | (5.45) % | |||
| Current Valuation | 257.35 M | |||
| Shares Outstanding | 44.99 M | |||
| Price To Book | 4.81 X | |||
| Price To Sales | 109.61 X | |||
| Revenue | 238.4 K | |||
| EBITDA | (18.74 M) | |||
| Cash And Equivalents | 76.99 M | |||
| Cash Per Share | 1.99 X | |||
| Book Value Per Share | 1.81 X | |||
| Cash Flow From Operations | (18.05 M) | |||
| Earnings Per Share | (0.45) X | |||
| Total Asset | 87.79 M | |||
About Ocean Sun Performance
By examining Ocean Sun's fundamental ratios, stakeholders can obtain critical insights into Ocean Sun'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 Ocean Sun 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.
Ocean Sun AS develops floating power system with solar panels. Ocean Sun AS was founded in 2016 and is headquartered Fornebu, Norway with locations in Singapore Shanghai, China. OCEAN SUN is traded on Oslo Stock Exchange in Norway.Things to note about Ocean Sun As performance evaluation
Checking the ongoing alerts about Ocean Sun for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ocean Sun As help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ocean Sun As had very high historical volatility over the last 90 days | |
| Ocean Sun As may become a speculative penny stock | |
| Ocean Sun As has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 238.4 K. Net Loss for the year was (18.76 M) with profit before overhead, payroll, taxes, and interest of 3.37 M. | |
| Ocean Sun As has accumulated about 76.99 M in cash with (18.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.99, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 72.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Ocean Sun'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 Ocean Sun's stock is overvalued or undervalued compared to its peers.
- Examining Ocean Sun'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 Ocean Sun's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ocean Sun's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ocean Sun's stock. These opinions can provide insight into Ocean Sun's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Ocean Stock
Ocean Sun financial ratios help investors to determine whether Ocean Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ocean with respect to the benefits of owning Ocean Sun security.