Golden Ocean Group Stock Alpha and Beta Analysis
| GOGL Stock | USD 9.26 0.06 0.65% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Golden Ocean Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Golden Ocean over a specified time horizon. Remember, high Golden Ocean's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Golden Ocean's market risk premium analysis include:
Beta 0.23 | Alpha (0.18) | Risk 2.2 | Sharpe Ratio (0.08) | Expected Return (0.17) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Golden |
Golden Ocean Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Golden Ocean market risk premium is the additional return an investor will receive from holding Golden Ocean long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Golden Ocean. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Golden Ocean's performance over market.| α | -0.18 | β | 0.23 |
Golden Ocean expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Golden Ocean's Buy-and-hold return. Our buy-and-hold chart shows how Golden Ocean performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Golden Ocean Market Price Analysis
Market price analysis indicators help investors to evaluate how Golden Ocean stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Golden Ocean shares will generate the highest return on investment. By understating and applying Golden Ocean stock market price indicators, traders can identify Golden Ocean position entry and exit signals to maximize returns.
Golden Ocean Return and Market Media
The median price of Golden Ocean for the period between Fri, Nov 1, 2024 and Thu, Jan 30, 2025 is 9.45 with a coefficient of variation of 9.97. The daily time series for the period is distributed with a sample standard deviation of 0.98, arithmetic mean of 9.81, and mean deviation of 0.86. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Theres Been No Shortage Of Growth Recently For Golden Ocean Groups Returns On Capital | 11/19/2024 |
2 | HP, CrowdStrike And 3 Stocks To Watch Heading Into Wednesday | 11/27/2024 |
| Golden Ocean dividend paid on 18th of December 2024 | 12/18/2024 |
4 | Is There Now An Opportunity In Golden Ocean Group Limited | 01/03/2025 |
5 | TFG Marine forms bunkering joint venture in Oman | 01/16/2025 |
About Golden Ocean Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Golden or other stocks. Alpha measures the amount that position in Golden Ocean Group has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 | 2025 (projected) | Dividend Yield | 0.27 | 0.0513 | 0.0589 | 0.056 | Price To Sales Ratio | 1.57 | 2.2 | 2.53 | 4.27 |
Golden Ocean Upcoming Company Events
As portrayed in its financial statements, the presentation of Golden Ocean's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Golden Ocean's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Golden Ocean's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Golden Ocean. Please utilize our Beneish M Score to check the likelihood of Golden Ocean's management manipulating its earnings.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 21st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Golden Ocean Backtesting, Golden Ocean Valuation, Golden Ocean Correlation, Golden Ocean Hype Analysis, Golden Ocean Volatility, Golden Ocean History and analyze Golden Ocean Performance. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Golden Ocean technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.