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

BUY 3920 min ago

@ Kr.150.95

Issued: 31 May 2024 @ 09:30

Return: -0.40%

Previous signal: May 31 - 08:17

Previous signal: Sell

Return: -1.11 %

Live Chart Being Loaded With Signals

Commentary (31 May 2024 @ 10:29):
Our systems believe the stock currently is undervalued by 0.05% compare to its pairs and should correct upwards.

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	579 559
Average Volume	671 160
Market Cap	30.07B
EPS	Kr.0 ( 2024-05-21 )
Next earnings date	( Kr.0 ) 2024-08-30
Last Dividend	Kr.3.19 ( 2024-03-12 )
Next Dividend	Kr.3.17 ( 2024-06-07 )
P/E	15.26
ATR14	Kr.2.70 (1.77%)

Correlation (AI algo v.1.1b): Undervalued: 0.05% Kr.152.33 paired level. (The Algo Track The Changes Of The Most Correlated Stocks In Realtime And Give An Instant Update)

Volume Correlation

Long: -0.39 (neutral)

Short: 0.98 (very strong)

Signal:(58) Expect same movement, but be aware

Golden Ocean Group Correlation

10 Most Positive Correlations
KOG.OL	0.959
REACH.OL	0.933
GOD.OL	0.928
AKBM.OL	0.926
ODL.OL	0.923
ELO.OL	0.918
BRG.OL	0.897
2020.OL	0.893
ZAL.OL	0.889
NAPA.OL	0.888

10 Most Negative Correlations
IOX.OL	-0.949
PLT.OL	-0.92
BGBIO.OL	-0.909
HBC.OL	-0.906
PRS.OL	-0.906
ACC.OL	-0.898
MEDI.OL	-0.897
AKH.OL	-0.894
ECIT.OL	-0.89
VOW.OL	-0.877

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

-0.52
( weak negative )

-0.43
( neutral )

0.45
( neutral )

-0.33
( neutral )

0.00
( neutral )

Golden Ocean Group Financials

Annual	2023
Revenue:	Kr.885.77M
Gross Profit:	Kr.209.88M (23.70 %)
EPS:	Kr.5.72

FY	2023
Revenue:	Kr.885.77M
Gross Profit:	Kr.209.88M (23.70 %)
EPS:	Kr.5.72

FY	2022
Revenue:	Kr.1.11B
Gross Profit:	Kr.421.69M (37.87 %)
EPS:	Kr.2.30

FY	2021
Revenue:	Kr.1.20B
Gross Profit:	Kr.528.16M (43.90 %)
EPS:	Kr.2.74

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)
Kr.5.97 (N/A)	Kr.3.49 (N/A)	Kr.2.08 (N/A)	Kr.1.102 (N/A)	Kr.1.069 (N/A)	Kr.1.090 (N/A)	Kr.3.19 (N/A)	Kr.3.22 (N/A)	Kr.0 (N/A)	Kr.0 (N/A)

Golden Ocean Group Dividend Information - Dividend Royal

Dividend Sustainability Score: 8.23 - good (82.35%) | Divividend Growth Potential Score: 4.80 - Stable (3.98%)

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	Kr.50.43	2005-02-23
Last Dividend	Kr.3.19	2024-03-12
Next Dividend	Kr.3.17	2024-06-07
Payout Date	2024-03-25
Next Payout Date	2024-06-17
# dividends	60	--
Total Paid Out	Kr.609.16	--
Avg. Dividend % Per Year	13.41%	--
Score	8.06	--
Div. Sustainability Score	8.23
Div.Growth Potential Score	4.80
Div. Directional Score	6.52	--

Next Divdend (Est)
(2024-07-29)

Kr.4.02 Estimate 71.10 %

Dividend Stability

0.95 Excellent

Dividend Score

8.06

Pay Frequency

Quarterly

Yearly Payout

Year	Amount	Yield
2005	Kr.134.03	155.30%
2006	Kr.105.60	111.30%
2007	Kr.68.10	25.70%
2008	Kr.70.24	9.42%
2009	Kr.7.84	6.19%
2010	Kr.48.12	18.20%
2011	Kr.51.56	27.40%
2012	Kr.31.88	34.40%
2013	Kr.18.96	18.50%
2014	Kr.17.71	5.81%
2015	Kr.0	0.00%
2016	Kr.0	0.00%
2017	Kr.0	0.00%
2018	Kr.3.81	5.65%
2019	Kr.2.93	5.63%
2020	Kr.0.466	0.93%
2021	Kr.14.03	34.00%
2022	Kr.22.16	25.60%
2023	Kr.5.34	6.02%
2024	Kr.6.41	6.28%

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
OKEA.OL	Dividend Knight	2023-12-01	Quarterly	3	5.65%	6.86
NSKOG.OL	Dividend Junior	2023-11-20	Sporadic	5	1.21%	2.31
FROY.OL	Dividend Junior	2023-10-19	Annually	3	1.49%	1.72
CARA.OL	Dividend Junior	2023-11-15	Sporadic	10	2.93%	1.71
KOG.OL	Dividend Knight	2024-10-09	Annually	25	3.56%
SKUE.OL	Ex Dividend Junior	2024-03-21	Annually	25	4.82%
AKRBP.OL	Dividend King	2024-04-29	Quarterly	9	5.79%
SADG.OL	Dividend Knight	2024-04-11	Annually	17	6.70%
WWIB.OL	Dividend Knight	2024-05-03	Annually	25	2.98%
2020.OL	Dividend Diamond	2024-05-15	Monthly	6	17.28%

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.199	1.500	6.02	9.02	[0 - 0.5]
returnOnAssetsTTM	0.0533	1.200	8.22	9.87	[0 - 0.3]
returnOnEquityTTM	0.0980	1.500	-0.0220	-0.0330	[0.1 - 1]
payoutRatioTTM	0.643	-1.000	3.57	-3.57	[0 - 1]
currentRatioTTM	1.255	0.800	8.73	6.98	[1 - 3]
quickRatioTTM	0.577	0.800	-1.311	-1.049	[0.8 - 2.5]
cashRatioTTM	0.577	1.500	7.90	10.00	[0.2 - 2]
debtRatioTTM	0.416	-1.500	3.06	-4.59	[0 - 0.6]
interestCoverageTTM	2.52	1.000	-0.176	-0.176	[3 - 30]
operatingCashFlowPerShareTTM	1.531	2.00	9.49	10.00	[0 - 30]
freeCashFlowPerShareTTM	-0.302	2.00	-0.151	-0.302	[0 - 20]
debtEquityRatioTTM	0.756	-1.500	6.97	-10.00	[0 - 2.5]
grossProfitMarginTTM	0.298	1.000	8.36	8.36	[0.2 - 0.8]
operatingProfitMarginTTM	0.283	1.000	6.34	6.34	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0.210	1.000	9.95	9.95	[0.2 - 2]
assetTurnoverTTM	0.267	0.800	-1.551	-1.241	[0.5 - 2]
Total Score				8.23

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	15.35	1.000	8.55	0	[1 - 100]
returnOnEquityTTM	0.0980	2.50	-0.0141	-0.0330	[0.1 - 1.5]
freeCashFlowPerShareTTM	-0.302	2.00	-0.101	-0.302	[0 - 30]
dividendYielPercentageTTM	37.31	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	1.531	2.00	9.49	10.00	[0 - 30]
payoutRatioTTM	0.643	1.500	3.57	-3.57	[0 - 1]
pegRatioTTM	11.47	1.500	10.00	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.327	1.000	4.34	0	[0.1 - 0.5]
Total Score				4.80

Golden Ocean Group Options Data

Calls

Contract Name	Last Trade Date (EDT)	Strike	Last Price	Bid	Ask	Change	% Change	Volume	Open Interest	Implied Volatility	Strike Date
No data available

Puts

Contract Name	Last Trade Date (EDT)	Strike	Last Price	Bid	Ask	Change	% Change	Volume	Open Interest	Implied Volatility	Strike Date
No data available

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.