Under normal circumstances, the fund will invest at least 80% of the value of its net assets, plus any borrowings for investment purposes, in financial instruments (for example, swaps and futures) that, in the aggregate, provide leveraged exposure to the Underlying Security equal to approximately two times its daily performance. It is non-diversified.
Research context
Golden Ocean Group Ltd appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Industrials
- Industry
- Marine Shipping
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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5 years, 7 months ago
Golden Ocean Group Limited is currently in a long term uptrend where the price is trading 54.5% above its 200 day moving average.
From a valuation standpoint, the stock is 97.0% cheaper than other stocks from the Industrials sector with a price to sales ratio of 1.6.
Golden Ocean Group Limited's total revenue sank by 31.0% to $169M since the same quarter in the previous year.
Its net income has dropped by 38.2% to $25M since the same quarter in the previous year.
Finally, its free cash flow grew by 15.5% to $70M since the same quarter in the previous year.
Based on the above factors, Golden Ocean Group Limited gets an overall score of 3/5.