Oceana OTC Stock Buy Hold or Sell Recommendation

OCGPF
 Stock
  

USD 3.65  0.55  17.74%   

Assuming the 90 days horizon and your highly speculative risk level, our recommendation regarding Oceana Group is 'Hold'. Macroaxis provides Oceana buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Oceana positions. The advice algorithm takes into account all of Oceana's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from Oceana's buy-and-hold perspective. Please check Oceana Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Oceana and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Oceana Group.

Execute Oceana Buy or Sell Advice

The Oceana recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Oceana Group. Macroaxis does not own or have any residual interests in Oceana Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Oceana's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell OceanaBuy Oceana
Hold

Volatility

Abnormally volatileDetails

Hype Condition

Over hypedDetails

Current Valuation

OvervaluedDetails

Odds of Distress

Below AverageDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon Oceana Group has a Risk Adjusted Performance of 0.2101, Jensen Alpha of 3.72, Total Risk Alpha of 6.55 and Treynor Ratio of (55.54)
We provide trade recommendations to complement the recent expert consensus on Oceana Group. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure Oceana is not overpriced, please check all Oceana Group fundamentals, including its shares owned by institutions, cash and equivalents, number of employees, as well as the relationship between the revenue and current ratio . Given that Oceana Group has a price to earning of 9.17 X, we recommend you to check out Oceana Group market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Oceana Trading Alerts and Improvement Suggestions

Oceana Group is way too risky over 90 days horizon
Oceana Group appears to be risky and price may revert if volatility continues
About 31.0% of the company outstanding shares are owned by corporate insiders
Latest headline from www.benzinga.com: Oceana Canada supports Standing Committee on Fisheries and Oceans recommendation that Canada implement b - Benzinga

Oceana Returns Distribution Density

The distribution of Oceana's historical returns is an attempt to chart the future uncertainty of Oceana's future price movements. The chart of the probability distribution of Oceana stock daily returns describes the distribution of returns around its average expected value. We use Oceana Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Oceana returns is essential to provide solid investment advice for Oceana stock.
Mean Return3.74Value At Risk0.00
Potential Upside15.91Standard Deviation26.51
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Oceana historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Oceana Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Oceana is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Oceana Group backward and forwards among themselves. Oceana's institutional investor refers to the entity that pools money to purchase Oceana's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Blair William CoCommon Shares387.5 K3.3 M
Note, although Oceana's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Oceana Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Oceana or Oceana Group sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Oceana stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Oceana stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
3.72
β
Beta against DOW-0.07
σ
Overall volatility
27.17
Ir
Information ratio 0.15

Oceana Volatility Alert

Oceana Group is displaying above-average volatility over the selected time horizon. Investors should scrutinize Oceana Group independently to ensure intended market timing strategies are aligned with expectations about Oceana volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Oceana's otc stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Oceana's otc stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Oceana Implied Volatility

Oceana's implied volatility exposes the market's sentiment of Oceana Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Oceana's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Oceana stock will not fluctuate a lot when Oceana's options are near their expiration.

Oceana Fundamentals Vs Peers

Comparing Oceana's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Oceana's direct or indirect competition across all of the common fundamentals between Oceana and the related equities. This way, we can detect undervalued stocks with similar characteristics as Oceana or determine the otc stocks which would be an excellent addition to an existing portfolio. Peer analysis of Oceana's fundamental indicators could also be used in its relative valuation, which is a method of valuing Oceana by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Oceana to competition
FundamentalsOceanaPeer Average
Return On Equity12.55 %(0.31) %
Return On Asset5.76 %(0.14) %
Profit Margin8.86 %(1.27) %
Operating Margin14.47 %(5.51) %
Current Valuation3.62 B16.62 B
Shares Outstanding116.75 M571.82 M
Shares Owned by Insiders31.05 %10.09 %
Shares Owned by Institutions48.46 %39.21 %
Price to Earning9.17 X28.72 X
Price to Book0.09 X9.51 X
Price to Sales0.06 X11.42 X
Revenue7.63 B9.43 B
Gross Profit2.57 B27.38 B
EBITDA1.36 B3.9 B
Net Income676.28 M570.98 M
Cash and Equivalents933.61 M2.7 B
Cash per Share7.69 X5.01 X
Total Debt3.92 B5.32 B
Debt to Equity0.71 %48.70 %
Current Ratio1.47 X2.16 X
Book Value Per Share42.31 X1.93 K
Cash Flow from Operations937.38 M971.22 M
Earnings Per Share0.40 X3.12 X
Number of Employees1.96 K18.84 K
Beta0.21-0.15
Market Capitalization426.13 M19.03 B
Total Asset11.11 B29.47 B
Retained Earnings2.22 B9.33 B
Working Capital2.39 B1.48 B
Current Asset4.37 B9.34 B
Current Liabilities1.98 B7.9 B
Last Dividend Paid0.25

About Oceana Buy or Sell Advice

When is the right time to buy or sell Oceana Group? Buying financial instruments such as Oceana OTC Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Oceana investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Oceana in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Corporate Bonds Thematic Idea Now

Corporate Bonds
Corporate Bonds Theme
Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds theme has 40 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Corporate Bonds Theme or any other thematic opportunities.
View All  Next Launch Corporate Bonds
Please check Oceana Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Oceana Group information on this page should be used as a complementary analysis to other Oceana's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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Is Oceana's industry 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 Oceana. If investors know Oceana 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 Oceana 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 YOY
-0.54
Market Capitalization
443.1 M
Quarterly Revenue Growth YOY
-0.11
Return On Assets
0.0456
Return On Equity
0.1
The market value of Oceana Group is measured differently than its book value, which is the value of Oceana that is recorded on the company's balance sheet. Investors also form their own opinion of Oceana's value that differs from its market value or its book value, called intrinsic value, which is Oceana'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 Oceana's market value can be influenced by many factors that don't directly affect Oceana'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 Oceana's value and its price as these two are different measures arrived at by different means. Investors typically determine Oceana value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceana'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.