Okeanis Eco Tankers Stock Statistic Functions Linear Regression

ECO Stock   23.58  0.25  1.07%   
Okeanis Eco statistic functions tool provides the execution environment for running the Linear Regression function and other technical functions against Okeanis Eco. Okeanis Eco value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Linear Regression function function is designed to identify and follow existing trends. Okeanis Eco statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Linear Regression model generates relationship between price series of Okeanis Eco Tankers and its peer or benchmark and helps predict Okeanis Eco future price from its past values.

Okeanis Eco Technical Analysis Modules

Most technical analysis of Okeanis Eco help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Okeanis from various momentum indicators to cycle indicators. When you analyze Okeanis charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Okeanis Eco Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Okeanis Eco Tankers. We use our internally-developed statistical techniques to arrive at the intrinsic value of Okeanis Eco Tankers based on widely used predictive technical indicators. In general, we focus on analyzing Okeanis Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Okeanis Eco's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Okeanis Eco's intrinsic value. In addition to deriving basic predictive indicators for Okeanis Eco, we also check how macroeconomic factors affect Okeanis Eco price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2024 (projected)
Dividend Yield0.01240.180.14
Price To Sales Ratio1.542.062.1
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Okeanis Eco's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
20.7623.3325.90
Details
Intrinsic
Valuation
LowRealHigh
17.9620.5325.66
Details
Naive
Forecast
LowNextHigh
22.2024.7727.34
Details
1 Analysts
Consensus
LowTargetHigh
40.0444.0048.84
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Okeanis Eco in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Okeanis Eco's short interest history, or implied volatility extrapolated from Okeanis Eco options trading.

Trending Themes

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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 Investing Opportunities 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 main economic indicators.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Okeanis Eco. If investors know Okeanis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Okeanis Eco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Earnings Share
3.78
Revenue Per Share
12.416
Quarterly Revenue Growth
(0.05)
Return On Assets
0.095
The market value of Okeanis Eco Tankers is measured differently than its book value, which is the value of Okeanis that is recorded on the company's balance sheet. Investors also form their own opinion of Okeanis Eco's value that differs from its market value or its book value, called intrinsic value, which is Okeanis Eco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Okeanis Eco's market value can be influenced by many factors that don't directly affect Okeanis Eco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Okeanis Eco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Okeanis Eco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Okeanis Eco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.