Okea ASA (Norway) Analysis
| OKEA Stock | NOK 19.99 0.09 0.45% |
Okea ASA is overvalued with Real Value of 17.65 and Hype Value of 19.99. The main objective of Okea ASA stock analysis is to determine its intrinsic value, which is an estimate of what Okea ASA is worth, separate from its market price. There are two main types of Okea ASA's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Okea ASA's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Okea ASA's stock to identify patterns and trends that may indicate its future price movements.
The Okea ASA stock is traded in Norway on Oslo Stock Exchange, with the market opening at 09:00:00 and closing at 16:20:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Norway.
Okea |
Okea Stock Analysis Notes
About 71.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.99. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Okea ASA recorded earning per share (EPS) of 6.07. The entity last dividend was issued on the 2nd of March 2023. OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian continental shelf. The company was incorporated in 2015 and is headquartered in Trondheim, Norway. OKEA ASA is traded on Oslo Stock Exchange in Norway. To find out more about Okea ASA contact Erik Haugane at 47 73 52 52 22 or learn more at https://okea.no.Okea ASA Investment Alerts
| Okea ASA generated a negative expected return over the last 90 days | |
| About 71.0% of the company outstanding shares are owned by corporate insiders |
Okea Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Okea ASA's market, we take the total number of its shares issued and multiply it by Okea ASA's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Okea Profitablity
Okea ASA's profitability indicators refer to fundamental financial ratios that showcase Okea ASA's ability to generate income relative to its revenue or operating costs. If, let's say, Okea ASA is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Okea ASA's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Okea ASA's profitability requires more research than a typical breakdown of Okea ASA's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.1 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.55 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.55. Technical Drivers
As of the 2nd of December, Okea ASA holds the Risk Adjusted Performance of (0.03), variance of 5.55, and Coefficient Of Variation of (2,047). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Okea ASA, as well as the relationship between them. Please check Okea ASA standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Okea ASA is priced some-what accurately, providing market reflects its current price of 19.99 per share.Okea ASA Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Okea ASA middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Okea ASA. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Okea ASA Outstanding Bonds
Okea ASA issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Okea ASA uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Okea bonds can be classified according to their maturity, which is the date when Okea ASA has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Okea ASA Predictive Daily Indicators
Okea ASA intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Okea ASA stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Okea ASA Forecast Models
Okea ASA's time-series forecasting models are one of many Okea ASA's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Okea ASA's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Okea Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Okea ASA prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Okea shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Okea ASA. By using and applying Okea Stock analysis, traders can create a robust methodology for identifying Okea entry and exit points for their positions.
OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian continental shelf. The company was incorporated in 2015 and is headquartered in Trondheim, Norway. OKEA ASA is traded on Oslo Stock Exchange in Norway.
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Other Information on Investing in Okea Stock
Okea ASA financial ratios help investors to determine whether Okea 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 Okea with respect to the benefits of owning Okea ASA security.