Oceana OTC Stock Alpha and Beta Analysis

OCGPF
 Stock
  

USD 3.15  0.00  0.00%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Oceana Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Oceana over a specified time horizon. Remember, high Oceana'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.
Please check Oceana Backtesting, Oceana Valuation, Oceana Correlation, Oceana Hype Analysis, Oceana Volatility, Oceana History and analyze Oceana Performance.
  
Please note that although Oceana alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Oceana did 0.07  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Oceana Group stock's relative risk over its benchmark. Oceana Group has a beta of 0.22  . Let's try to break down what Oceana's beta means in this case. As returns on the market increase, returns on owning Oceana are expected to decrease at a much lower rate. During the bear market, Oceana is likely to outperform the market.
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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.

Oceana Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Oceana market risk premium is the additional return an investor will receive from holding Oceana 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 Oceana. 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 Oceana's performance over market.
α0.07   β-0.22
90 days against DJI

Oceana 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 Oceana's Buy-and-hold return. Our buy-and-hold chart shows how Oceana performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Oceana Market Price Analysis

Market price analysis indicators help investors to evaluate how Oceana otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oceana shares will generate the highest return on investment. By understating and applying Oceana otc stock market price indicators, traders can identify Oceana position entry and exit signals to maximize returns.

Oceana Return and Market Media

The median price of Oceana for the period between Sat, May 14, 2022 and Fri, Aug 12, 2022 is 3.15 with a coefficient of variation of 7.67. The daily time series for the period is distributed with a sample standard deviation of 0.25, arithmetic mean of 3.28, and mean deviation of 0.23. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
NOAA says status report shows US fisheries on track with reb...05/18/2022
2
Amazon shareholders approve 212M payout to CEO Jassy, reject...05/25/2022
3
Oceana Group Is Paying Out Less In Dividends Than Last Year ...06/07/2022
4
Oceana Canada supports Standing Committee on Fisheries and O...06/22/2022
5
Weekly Small Cap and IPO Wrap The selling was telling but th...06/30/2022
6
Mazars Takes On Audit of South Africas Oceana After PwC Resi...07/21/2022

About Oceana 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 equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Oceana 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.

Oceana Investors Sentiment

The influence of Oceana's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Oceana. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 Oceana 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, Oceana's short interest history, or implied volatility extrapolated from Oceana options trading.

Build Portfolio with Oceana

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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Align your risk with return expectations

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Oceana Backtesting, Oceana Valuation, Oceana Correlation, Oceana Hype Analysis, Oceana Volatility, Oceana History and analyze Oceana Performance. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Oceana OTC Stock analysis

When running Oceana Group price analysis, check to measure Oceana's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oceana is operating at the current time. Most of Oceana's value examination focuses on studying past and present price action to predict the probability of Oceana's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Oceana's price. Additionally, you may evaluate how the addition of Oceana to your portfolios can decrease your overall portfolio volatility.
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Oceana technical otc 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.
A focus of Oceana technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oceana trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...