FRO.OL Live signals | Maximize Profits with Getagraph.com

SELL 1266 min ago

@ NOK250.80

Issued: 25 Apr 2024 @ 07:35

Return: 3.07%

Previous signal: Apr 24 - 08:03

Previous signal: Buy

Return: -1.38 %

Live Chart Being Loaded With Signals

Commentary (26 Apr 2024 @ 04:25):
Our systems believe the stock currently is undervalued by 0.10% compare to its pairs and should correct upwards.

Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers...

Stats
Today's Volume	283 745
Average Volume	1.20M
Market Cap	57.55B
EPS	NOK0.360 ( 2023-11-30 )
Last Dividend	NOK0.300 ( 2023-12-14 )
Next Dividend	NOK0 ( N/A )
P/E	6.68
ATR14	NOK4.47 (1.73%)

Correlation (AI algo v.1.1b): Undervalued: 0.10% NOK258.77 paired level. (The Algo Track The Changes Of The Most Correlated Stocks In Realtime And Give An Instant Update)

Volume Correlation

Long: -0.86 (strong negative)

Short: 0.82 (strong)

Signal:(58) Same movement expected

Frontline Ltd. Correlation

10 Most Positive Correlations
SNI.OL	0.926
ODF.OL	0.921
HAFNI.OL	0.892
QFR.OL	0.89
OKEA.OL	0.887
PEN.OL	0.886
VAR.OL	0.872
AKBM.OL	0.864
EQNR.OL	0.858
SSG.OL	0.853

10 Most Negative Correlations
BMA.OL	-0.936
TOM.OL	-0.935
ELK.OL	-0.922
BONHR.OL	-0.918
IDEX.OL	-0.903
EFUEL.OL	-0.898
ANDF.OL	-0.895
NEL.OL	-0.888
TRVX.OL	-0.879
MEDI.OL	-0.878

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Frontline Ltd. Correlation - Currency/Commodity

0.50
( neutral )

0.42
( neutral )

-0.45
( neutral )

0.54
( weak )

0.10
( neutral )

-0.20
( neutral )

Frontline Ltd. Financials

Annual	2023
Revenue:	NOK0
Gross Profit:	NOK0 (0.00 %)
EPS:	NOK0

FY	2023
Revenue:	NOK0
Gross Profit:	NOK0 (0.00 %)
EPS:	NOK0

FY	2022
Revenue:	NOK1.43B
Gross Profit:	NOK481.00M (33.63 %)
EPS:	NOK2.42

FY	2021
Revenue:	NOK749.38M
Gross Profit:	NOK30.61M (4.08 %)
EPS:	NOK-0.0570

Financial Reports:

No articles found.

Frontline Ltd. Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
NOK0.150 (N/A)	NOK0 (N/A)	NOK1.070 (N/A)	NOK0.700 (N/A)	NOK0.800 (N/A)	NOK0.300 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)

Frontline Ltd. Dividend Information - Dividend Knight

Dividend Sustainability Score: 9.40 - good (93.95%) | Divividend Growth Potential Score: 6.44 - Stable (28.79%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	NOK2.00	2001-08-21
Last Dividend	NOK0.300	2023-12-14
Next Dividend	NOK0	N/A
Payout Date	2023-12-29
Next Payout Date	N/A
# dividends	56	--
Total Paid Out	NOK269.67	--
Avg. Dividend % Per Year	0.76%	--
Score	3.74	--
Div. Sustainability Score	9.40
Div.Growth Potential Score	6.44
Div. Directional Score	7.92	--

Next Divdend (Est)
(2024-06-17)

NOK0.229 Estimate 35.73 %

Dividend Stability

0.71 Good

Dividend Score

3.74

Pay Frequency

Annually

Yearly Payout

Year	Amount	Yield
2001	NOK2.50	0.47%
2002	NOK1.250	0.31%
2003	NOK21.50	7.28%
2004	NOK61.75	7.85%
2005	NOK50.50	4.26%
2006	NOK35.00	2.69%
2007	NOK34.00	3.43%
2008	NOK41.25	3.13%
2009	NOK4.50	0.41%
2010	NOK10.00	1.22%
2011	NOK1.100	0.15%
2012	NOK0	0.00%
2013	NOK0	0.00%
2014	NOK0	0.00%
2015	NOK0.250	0.26%
2016	NOK1.050	0.81%
2017	NOK0.300	0.48%
2018	NOK0	0.00%
2019	NOK0.100	0.21%
2020	NOK1.600	1.41%
2021	NOK0	0.00%
2022	NOK0.150	0.22%
2023	NOK2.87	2.33%
2024	NOK0	0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Top 10 dividend Companies for OSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend	Score
ALNG.OL	Dividend King	2023-11-27	Quarterly	2	6.60%	7.04
OKEA.OL	Dividend Knight	2023-12-01	Quarterly	3	5.65%	6.86
SALM.OL	Dividend Knight	2023-06-09	Annually	17	2.80%	4.97
BWLPG.OL	Dividend Knight	2023-11-17	Quarterly	11	1.68%	4.46
ELK.OL	Dividend Knight	2023-05-02	Annually	6	6.64%	4.31
BWO.OL	Dividend Knight	2023-11-20	Quarterly	14	0.87%	3.96
ATEA.OL	Dividend Knight	2023-11-20	Annually	16	2.97%	3.45
HAFNI.OL	Dividend Knight	2023-11-23	Semi-Annually	5	1.18%	3.31
AKER.OL	Dividend Knight	2023-11-07	Semi-Annually	20	2.99%	3.13
AUSS.OL	Dividend Knight	2023-05-26	Annually	17	3.23%	2.93

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.407	1.500	1.854	2.78	[0 - 0.5]
returnOnAssetsTTM	0.170	1.200	4.34	5.21	[0 - 0.3]
returnOnEquityTTM	0.347	1.500	7.26	10.00	[0.1 - 1]
payoutRatioTTM	0.775	-1.000	2.25	-2.25	[0 - 1]
currentRatioTTM	1.794	0.800	6.03	4.82	[1 - 3]
quickRatioTTM	1.453	0.800	6.16	4.93	[0.8 - 2.5]
cashRatioTTM	0.598	1.500	7.79	10.00	[0.2 - 2]
debtRatioTTM	0.491	-1.500	1.819	-2.73	[0 - 0.6]
interestCoverageTTM	5.63	1.000	9.02	9.02	[3 - 30]
operatingCashFlowPerShareTTM	3.76	2.00	8.75	10.00	[0 - 30]
freeCashFlowPerShareTTM	2.34	2.00	8.83	10.00	[0 - 20]
debtEquityRatioTTM	1.014	-1.500	5.94	-8.91	[0 - 2.5]
grossProfitMarginTTM	0.463	1.000	5.61	5.61	[0.2 - 0.8]
operatingProfitMarginTTM	0.446	1.000	3.08	3.08	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0.371	1.000	9.05	9.05	[0.2 - 2]
assetTurnoverTTM	0.417	0.800	-0.555	-0.444	[0.5 - 2]
Total Score				9.40

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	6.54	1.000	9.44	0	[1 - 100]
returnOnEquityTTM	0.347	2.50	8.24	10.00	[0.1 - 1.5]
freeCashFlowPerShareTTM	2.34	2.00	9.22	10.00	[0 - 30]
dividendYielPercentageTTM	9.46	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	3.76	2.00	8.75	10.00	[0 - 30]
payoutRatioTTM	0.775	1.500	2.25	-2.25	[0 - 1]
pegRatioTTM	0.806	1.500	7.96	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.437	1.000	1.586	0	[0.1 - 0.5]
Total Score				6.44

Frontline Ltd.

Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2021, the company operated a fleet of 70 vessels. It is also involved in the charter, purchase, and sale of vessels. The company was founded in 1985 and is based in Hamilton, Bermuda.