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

SELL 1192 min ago

@ NOK143.80

Issued: 19 Apr 2024 @ 08:50

Return: 0.90%

Previous signal: Apr 19 - 08:18

Previous signal: Buy

Return: 0.28 %

Live Chart Being Loaded With Signals

Commentary (19 Apr 2024 @ 10:25):
Our systems believe the stock currently is overvalued by 0.31% compare to its pairs and should correct downwards.

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide...

Stats
Today's Volume	223 549
Average Volume	680 646
Market Cap	28.97B
EPS	NOK0.0800 ( 2023-11-21 )
Last Dividend	NOK0.100 ( 2023-12-05 )
Next Dividend	NOK0 ( N/A )
P/E	23.90
ATR14	NOK1.741 (1.20%)

Correlation (AI algo v.1.1b): Overvalued: -0.31% NOK144.31 paired level. (The Algo Track The Changes Of The Most Correlated Stocks In Realtime And Give An Instant Update)

Volume Correlation

Long: 0.83 (strong)

Short: 0.99 (very strong)

Signal:(70) Expect same movement, but be aware

Golden Ocean Group Correlation

10 Most Positive Correlations
CADLR.OL	0.895
ELK.OL	0.892
BGBIO.OL	0.89
ELIMP.OL	0.887
TEL.OL	0.885
SNI.OL	0.881
VEI.OL	0.881
LSG.OL	0.877
NHY.OL	0.872
KID.OL	0.869

10 Most Negative Correlations
ORK.OL	-0.868
WSTEP.OL	-0.842
HMONY.OL	-0.821
IWS.OL	-0.817
TECH.OL	-0.812
FROY.OL	-0.81
OTS.OL	-0.81
GOD.OL	-0.809
ECIT.OL	-0.808
PEXIP.OL	-0.805

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.

Golden Ocean Group Correlation - Currency/Commodity

0.63
( weak )

0.51
( weak )

0.67
( moderate )

-0.65
( weak negative )

-0.51
( weak negative )

-0.29
( neutral )

Golden Ocean Group Financials

Annual	2023
Revenue:	NOK885.77M
Gross Profit:	NOK209.88M (23.70 %)
EPS:	NOK0

Q4	2023
Revenue:	NOK254.21M
Gross Profit:	NOK90.25M (35.50 %)
EPS:	NOK0

Q3	2023
Revenue:	NOK221.66M
Gross Profit:	NOK48.50M (21.88 %)
EPS:	NOK0.140

Q2	2023
Revenue:	NOK213.38M
Gross Profit:	NOK48.76M (22.85 %)
EPS:	NOK0.170

Financial Reports:

No articles found.

Golden Ocean Group Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
NOK0.600 (N/A)	NOK0.350 (N/A)	NOK0.200 (N/A)	NOK0.100 (N/A)	NOK0.100 (N/A)	NOK0.100 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)

Golden Ocean Group Dividend Information - Dividend Knight

Dividend Sustainability Score: 7.97 - good (79.69%) | Divividend Growth Potential Score: 4.30 - Stable (14.03%)

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	NOK8.06	2005-02-23
Last Dividend	NOK0.100	2023-12-05
Next Dividend	NOK0	N/A
Payout Date	2023-12-13
Next Payout Date	N/A
# dividends	58	--
Total Paid Out	NOK96.79	--
Avg. Dividend % Per Year	1.22%	--
Score	4.41	--
Div. Sustainability Score	7.97
Div.Growth Potential Score	4.30
Div. Directional Score	6.13	--

Next Divdend (Est)
(2024-05-24)

NOK0.0982 Estimate 37.40 %

Dividend Stability

0.75 Good

Dividend Score

4.41

Pay Frequency

Quarterly

Yearly Payout

Year	Amount	Yield
2005	NOK20.95	24.30%
2006	NOK16.56	17.50%
2007	NOK11.50	4.34%
2008	NOK12.65	1.70%
2009	NOK1.151	0.91%
2010	NOK7.82	2.95%
2011	NOK9.20	4.89%
2012	NOK5.52	5.97%
2013	NOK3.22	3.15%
2014	NOK2.88	0.95%
2015	NOK0	0.00%
2016	NOK0	0.00%
2017	NOK0	0.00%
2018	NOK0.450	0.67%
2019	NOK0.325	0.62%
2020	NOK0.0500	0.10%
2021	NOK1.600	3.88%
2022	NOK2.35	2.72%
2023	NOK0.500	0.56%
2024	NOK0	0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

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	0.127	1.500	7.46	10.00	[0 - 0.5]
returnOnAssetsTTM	0.0322	1.200	8.93	10.00	[0 - 0.3]
returnOnEquityTTM	0.0595	1.500	-0.450	-0.675	[0.1 - 1]
payoutRatioTTM	0.891	-1.000	1.091	-1.091	[0 - 1]
currentRatioTTM	1.233	0.800	8.83	7.07	[1 - 3]
quickRatioTTM	0.936	0.800	9.20	7.36	[0.8 - 2.5]
cashRatioTTM	0.515	1.500	8.25	10.00	[0.2 - 2]
debtRatioTTM	0.421	-1.500	2.98	-4.47	[0 - 0.6]
interestCoverageTTM	2.09	1.000	-0.338	-0.338	[3 - 30]
operatingCashFlowPerShareTTM	1.332	2.00	9.56	10.00	[0 - 30]
freeCashFlowPerShareTTM	-1.056	2.00	-0.528	-1.056	[0 - 20]
debtEquityRatioTTM	0.765	-1.500	6.94	-10.00	[0 - 2.5]
grossProfitMarginTTM	0.237	1.000	9.38	9.38	[0.2 - 0.8]
operatingProfitMarginTTM	0.230	1.000	7.39	7.39	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0.181	1.000	-0.104	-0.104	[0.2 - 2]
assetTurnoverTTM	0.254	0.800	-1.641	-1.313	[0.5 - 2]
Total Score				7.97

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	22.86	1.000	7.79	0	[1 - 100]
returnOnEquityTTM	0.0595	2.50	-0.289	-0.675	[0.1 - 1.5]
freeCashFlowPerShareTTM	-1.056	2.00	-0.352	-1.056	[0 - 30]
dividendYielPercentageTTM	4.68	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	1.332	2.00	9.56	10.00	[0 - 30]
payoutRatioTTM	0.891	1.500	1.091	-1.091	[0 - 1]
pegRatioTTM	0.881	1.500	7.46	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.301	1.000	4.98	0	[0.1 - 0.5]
Total Score				4.30

Golden Ocean Group

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 23, 2022, it owned a fleet of 81 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.