25 XP   0   0   10

Grand Ocean Advanced Resources Co Ltd
Buy, Hold or Sell?

Let's analyse Grand Ocean Advanced Resources Co Ltd together

PenkeI guess you are interested in Grand Ocean Advanced Resources Co Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Grand Ocean Advanced Resources Co Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Grand Ocean Advanced Resources Co Ltd

I send you an email if I find something interesting about Grand Ocean Advanced Resources Co Ltd.

Quick analysis of Grand Ocean Advanced Resources Co Ltd (30 sec.)










What can you expect buying and holding a share of Grand Ocean Advanced Resources Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
HK$0.00
When do you have the money?
1 year
How often do you get paid?
10.0%

What is your share worth?

Current worth
HK$0.06
Expected worth in 1 year
HK$-0.05
How sure are you?
20.0%

+ What do you gain per year?

Total Gains per Share
HK$-0.11
Return On Investment
-23.9%

For what price can you sell your share?

Current Price per Share
HK$0.46
Expected price per share
HK$0.255 - HK$0.5
How sure are you?
50%

1. Valuation of Grand Ocean Advanced Resources Co Ltd (5 min.)




Live pricePrice per Share (EOD)

HK$0.46

Intrinsic Value Per Share

HK$-0.11 - HK$0.31

Total Value Per Share

HK$-0.05 - HK$0.37

2. Growth of Grand Ocean Advanced Resources Co Ltd (5 min.)




Is Grand Ocean Advanced Resources Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$15.7m$22.8m-$7.1m-45.2%

How much money is Grand Ocean Advanced Resources Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$1.3m$1.8m-$528.4k-40.4%
Net Profit Margin5.4%7.9%--

How much money comes from the company's main activities?

3. Financial Health of Grand Ocean Advanced Resources Co Ltd (5 min.)




4. Comparing to competitors in the Thermal Coal industry (5 min.)




  Industry Rankings (Thermal Coal)  


Richest
#78 / 107

Most Revenue
#85 / 107

Most Profit
#74 / 107

What can you expect buying and holding a share of Grand Ocean Advanced Resources Co Ltd? (5 min.)

Welcome investor! Grand Ocean Advanced Resources Co Ltd's management wants to use your money to grow the business. In return you get a share of Grand Ocean Advanced Resources Co Ltd.

What can you expect buying and holding a share of Grand Ocean Advanced Resources Co Ltd?

First you should know what it really means to hold a share of Grand Ocean Advanced Resources Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Grand Ocean Advanced Resources Co Ltd is HK$0.455. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Grand Ocean Advanced Resources Co Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Grand Ocean Advanced Resources Co Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is HK$0.06. Based on the TTM, the Book Value Change Per Share is HK$-0.03 per quarter. Based on the YOY, the Book Value Change Per Share is HK$0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is HK$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Grand Ocean Advanced Resources Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps0.000.1%0.000.1%0.000.2%0.00-0.1%0.00-0.9%
Usd Book Value Change Per Share0.00-0.8%0.00-0.8%0.00-0.1%0.00-0.1%0.00-0.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-0.8%0.00-0.8%0.00-0.1%0.00-0.1%0.00-0.6%
Usd Price Per Share0.06-0.06-0.02-0.05-0.09-
Price to Earnings Ratio97.94-97.94-21.50--2.74--20.40-
Price-to-Total Gains Ratio-18.02--18.02--52.36--12.88--43.02-
Price to Book Ratio8.14-8.14-1.73-5.03-4.81-
Price-to-Total Gains Ratio-18.02--18.02--52.36--12.88--43.02-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.058149
Number of shares17197
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (17197 shares)-59.77-7.83
Gains per Year (17197 shares)-239.09-31.33
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-239-2490-31-41
20-478-4880-63-72
30-717-7270-94-103
40-956-9660-125-134
50-1195-12050-157-165
60-1435-14440-188-196
70-1674-16830-219-227
80-1913-19220-251-258
90-2152-21610-282-289
100-2391-24000-313-320

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%2.08.00.020.0%7.010.05.031.8%
Book Value Change Per Share0.01.00.00.0%0.03.00.00.0%2.03.00.040.0%2.08.00.020.0%8.014.00.036.4%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%1.00.09.010.0%5.00.017.022.7%
Total Gains per Share0.01.00.00.0%0.03.00.00.0%2.03.00.040.0%2.08.00.020.0%9.013.00.040.9%

Fundamentals of Grand Ocean Advanced Resources Co Ltd

About Grand Ocean Advanced Resources Co Ltd

Grand Ocean Advanced Resources Company Limited, an investment holding company, engages in coal mining business in Inner Mongolia, the People's Republic of China. It produces and sells coal; and provides management services. The company was formerly known as DeTeam Company Limited and changed its name to Grand Ocean Advanced Resources Company Limited in June 2015. The company was incorporated in 2000 and is headquartered in Hong Kong, Hong Kong.

Fundamental data was last updated by Penke on 2024-03-24 08:05:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Grand Ocean Advanced Resources Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Grand Ocean Advanced Resources Co Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Grand Ocean Advanced Resources Co Ltd to the Thermal Coal industry mean.
  • A Net Profit Margin of 5.4% means that $0.05 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Grand Ocean Advanced Resources Co Ltd:

  • The MRQ is 5.4%. The company is making a profit. +1
  • The TTM is 5.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ5.4%TTM5.4%0.0%
TTM5.4%YOY7.9%-2.5%
TTM5.4%5Y-6.9%+12.2%
5Y-6.9%10Y-32.3%+25.4%
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ5.4%7.7%-2.3%
TTM5.4%10.7%-5.3%
YOY7.9%14.8%-6.9%
5Y-6.9%7.2%-14.1%
10Y-32.3%5.5%-37.8%
1.1.2. Return on Assets

Shows how efficient Grand Ocean Advanced Resources Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Grand Ocean Advanced Resources Co Ltd to the Thermal Coal industry mean.
  • 3.4% Return on Assets means that Grand Ocean Advanced Resources Co Ltd generated $0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Grand Ocean Advanced Resources Co Ltd:

  • The MRQ is 3.4%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.4%TTM3.4%0.0%
TTM3.4%YOY5.5%-2.2%
TTM3.4%5Y-3.1%+6.5%
5Y-3.1%10Y-11.6%+8.5%
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ3.4%1.6%+1.8%
TTM3.4%1.9%+1.5%
YOY5.5%2.7%+2.8%
5Y-3.1%1.5%-4.6%
10Y-11.6%1.1%-12.7%
1.1.3. Return on Equity

Shows how efficient Grand Ocean Advanced Resources Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Grand Ocean Advanced Resources Co Ltd to the Thermal Coal industry mean.
  • 8.3% Return on Equity means Grand Ocean Advanced Resources Co Ltd generated $0.08 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Grand Ocean Advanced Resources Co Ltd:

  • The MRQ is 8.3%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 8.3%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ8.3%TTM8.3%0.0%
TTM8.3%YOY12.1%-3.8%
TTM8.3%5Y-7.9%+16.3%
5Y-7.9%10Y-31.6%+23.7%
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ8.3%3.6%+4.7%
TTM8.3%4.7%+3.6%
YOY12.1%8.6%+3.5%
5Y-7.9%3.8%-11.7%
10Y-31.6%2.8%-34.4%

1.2. Operating Efficiency of Grand Ocean Advanced Resources Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Grand Ocean Advanced Resources Co Ltd is operating .

  • Measures how much profit Grand Ocean Advanced Resources Co Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Grand Ocean Advanced Resources Co Ltd to the Thermal Coal industry mean.
  • An Operating Margin of 3.9% means the company generated $0.04  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Grand Ocean Advanced Resources Co Ltd:

  • The MRQ is 3.9%. The company is operating less efficient.
  • The TTM is 3.9%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ3.9%TTM3.9%0.0%
TTM3.9%YOY1.8%+2.0%
TTM3.9%5Y-6.3%+10.2%
5Y-6.3%10Y-7.2%+0.9%
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ3.9%17.8%-13.9%
TTM3.9%12.0%-8.1%
YOY1.8%21.9%-20.1%
5Y-6.3%12.5%-18.8%
10Y-7.2%7.8%-15.0%
1.2.2. Operating Ratio

Measures how efficient Grand Ocean Advanced Resources Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Thermal Coal industry mean).
  • An Operation Ratio of 1.54 means that the operating costs are $1.54 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Grand Ocean Advanced Resources Co Ltd:

  • The MRQ is 1.542. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.542. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.542TTM1.5420.000
TTM1.542YOY1.620-0.078
TTM1.5425Y1.670-0.128
5Y1.67010Y1.739-0.069
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5421.426+0.116
TTM1.5421.324+0.218
YOY1.6201.284+0.336
5Y1.6701.412+0.258
10Y1.7391.146+0.593

1.3. Liquidity of Grand Ocean Advanced Resources Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Grand Ocean Advanced Resources Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Thermal Coal industry mean).
  • A Current Ratio of 1.52 means the company has $1.52 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Grand Ocean Advanced Resources Co Ltd:

  • The MRQ is 1.517. The company is able to pay all its short-term debts. +1
  • The TTM is 1.517. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.517TTM1.5170.000
TTM1.517YOY1.788-0.271
TTM1.5175Y1.836-0.319
5Y1.83610Y1.290+0.546
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5171.334+0.183
TTM1.5171.344+0.173
YOY1.7881.255+0.533
5Y1.8361.296+0.540
10Y1.2901.164+0.126
1.3.2. Quick Ratio

Measures if Grand Ocean Advanced Resources Co Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Grand Ocean Advanced Resources Co Ltd to the Thermal Coal industry mean.
  • A Quick Ratio of 1.29 means the company can pay off $1.29 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Grand Ocean Advanced Resources Co Ltd:

  • The MRQ is 1.288. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.288. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.288TTM1.2880.000
TTM1.288YOY1.470-0.182
TTM1.2885Y1.617-0.329
5Y1.61710Y1.065+0.552
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2880.512+0.776
TTM1.2880.662+0.626
YOY1.4700.761+0.709
5Y1.6170.758+0.859
10Y1.0650.704+0.361

1.4. Solvency of Grand Ocean Advanced Resources Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Grand Ocean Advanced Resources Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Grand Ocean Advanced Resources Co Ltd to Thermal Coal industry mean.
  • A Debt to Asset Ratio of 0.60 means that Grand Ocean Advanced Resources Co Ltd assets are financed with 59.7% credit (debt) and the remaining percentage (100% - 59.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Grand Ocean Advanced Resources Co Ltd:

  • The MRQ is 0.597. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.597. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.597TTM0.5970.000
TTM0.597YOY0.312+0.284
TTM0.5975Y0.384+0.213
5Y0.38410Y0.444-0.060
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5970.480+0.117
TTM0.5970.498+0.099
YOY0.3120.529-0.217
5Y0.3840.542-0.158
10Y0.4440.514-0.070
1.4.2. Debt to Equity Ratio

Measures if Grand Ocean Advanced Resources Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Grand Ocean Advanced Resources Co Ltd to the Thermal Coal industry mean.
  • A Debt to Equity ratio of 148.0% means that company has $1.48 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Grand Ocean Advanced Resources Co Ltd:

  • The MRQ is 1.480. The company is able to pay all its debts with equity. +1
  • The TTM is 1.480. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.480TTM1.4800.000
TTM1.480YOY0.682+0.798
TTM1.4805Y0.915+0.565
5Y0.91510Y1.113-0.199
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4800.915+0.565
TTM1.4800.942+0.538
YOY0.6821.003-0.321
5Y0.9151.162-0.247
10Y1.1131.328-0.215

2. Market Valuation of Grand Ocean Advanced Resources Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Grand Ocean Advanced Resources Co Ltd generates.

  • Above 15 is considered overpriced but always compare Grand Ocean Advanced Resources Co Ltd to the Thermal Coal industry mean.
  • A PE ratio of 97.94 means the investor is paying $97.94 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Grand Ocean Advanced Resources Co Ltd:

  • The EOD is 90.945. Based on the earnings, the company is expensive. -2
  • The MRQ is 97.941. Based on the earnings, the company is expensive. -2
  • The TTM is 97.941. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD90.945MRQ97.941-6.996
MRQ97.941TTM97.9410.000
TTM97.941YOY21.498+76.443
TTM97.9415Y-2.740+100.681
5Y-2.74010Y-20.398+17.658
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
EOD90.9454.773+86.172
MRQ97.9414.668+93.273
TTM97.9414.497+93.444
YOY21.4983.735+17.763
5Y-2.7404.119-6.859
10Y-20.3987.179-27.577
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Grand Ocean Advanced Resources Co Ltd:

  • The EOD is -215.961. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -232.573. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -232.573. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-215.961MRQ-232.573+16.612
MRQ-232.573TTM-232.5730.000
TTM-232.573YOY21.184-253.757
TTM-232.5735Y-49.862-182.712
5Y-49.86210Y-22.733-27.129
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
EOD-215.9612.868-218.829
MRQ-232.5732.695-235.268
TTM-232.5731.347-233.920
YOY21.1842.640+18.544
5Y-49.862-0.076-49.786
10Y-22.733-0.793-21.940
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Grand Ocean Advanced Resources Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Thermal Coal industry mean).
  • A PB ratio of 8.14 means the investor is paying $8.14 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Grand Ocean Advanced Resources Co Ltd:

  • The EOD is 7.561. Based on the equity, the company is overpriced. -1
  • The MRQ is 8.143. Based on the equity, the company is overpriced. -1
  • The TTM is 8.143. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD7.561MRQ8.143-0.582
MRQ8.143TTM8.1430.000
TTM8.143YOY1.728+6.415
TTM8.1435Y5.029+3.114
5Y5.02910Y4.808+0.221
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
EOD7.5611.103+6.458
MRQ8.1431.158+6.985
TTM8.1431.228+6.915
YOY1.7281.366+0.362
5Y5.0291.170+3.859
10Y4.8081.581+3.227
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Grand Ocean Advanced Resources Co Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.027-0.0270%-0.003-89%-0.004-87%-0.023-15%
Book Value Per Share--0.0600.0600%0.087-31%0.091-34%0.135-55%
Current Ratio--1.5171.5170%1.788-15%1.836-17%1.290+18%
Debt To Asset Ratio--0.5970.5970%0.312+91%0.384+56%0.444+34%
Debt To Equity Ratio--1.4801.4800%0.682+117%0.915+62%1.113+33%
Dividend Per Share----0%-0%-0%0.000-100%
Eps--0.0050.0050%0.007-29%-0.005+193%-0.031+716%
Free Cash Flow Per Share---0.002-0.0020%0.007-130%-0.002-26%-0.009+342%
Free Cash Flow To Equity Per Share--0.0170.0170%0.007+156%-0.001+107%0.001+1117%
Gross Profit Margin--1.0001.0000%1.0000%1.178-15%1.148-13%
Intrinsic Value_10Y_max--0.310--------
Intrinsic Value_10Y_min---0.112--------
Intrinsic Value_1Y_max--0.005--------
Intrinsic Value_1Y_min---0.010--------
Intrinsic Value_3Y_max--0.036--------
Intrinsic Value_3Y_min---0.031--------
Intrinsic Value_5Y_max--0.090--------
Intrinsic Value_5Y_min---0.054--------
Market Cap931007342.720-8%1002623292.1601002623292.1600%308971667.584+225%865120669.235+16%1362544592.346-26%
Net Profit Margin--0.0540.0540%0.079-32%-0.069+229%-0.323+703%
Operating Margin--0.0390.0390%0.018+112%-0.063+264%-0.072+287%
Operating Ratio--1.5421.5420%1.620-5%1.670-8%1.739-11%
Pb Ratio7.561-8%8.1438.1430%1.728+371%5.029+62%4.808+69%
Pe Ratio90.945-8%97.94197.9410%21.498+356%-2.740+103%-20.398+121%
Price Per Share0.455-8%0.4900.4900%0.151+225%0.423+16%0.666-26%
Price To Free Cash Flow Ratio-215.961+7%-232.573-232.5730%21.184-1198%-49.862-79%-22.733-90%
Price To Total Gains Ratio-16.730+7%-18.017-18.0170%-52.359+191%-12.876-29%-43.021+139%
Quick Ratio--1.2881.2880%1.470-12%1.617-20%1.065+21%
Return On Assets--0.0340.0340%0.055-39%-0.031+194%-0.116+447%
Return On Equity--0.0830.0830%0.121-31%-0.079+196%-0.316+481%
Total Gains Per Share---0.027-0.0270%-0.003-89%-0.004-87%-0.023-16%
Usd Book Value--15735375.00015735375.0000%22847445.000-31%23672981.880-34%35231328.900-55%
Usd Book Value Change Per Share---0.003-0.0030%0.000-89%0.000-87%-0.003-15%
Usd Book Value Per Share--0.0080.0080%0.011-31%0.012-34%0.017-55%
Usd Dividend Per Share----0%-0%-0%0.000-100%
Usd Eps--0.0010.0010%0.001-29%-0.001+193%-0.004+716%
Usd Free Cash Flow---550945.800-550945.8000%1863963.000-130%-407656.440-26%-2432494.080+342%
Usd Free Cash Flow Per Share--0.0000.0000%0.001-130%0.000-26%-0.001+342%
Usd Free Cash Flow To Equity Per Share--0.0020.0020%0.001+156%0.000+107%0.000+1117%
Usd Market Cap118982738.400-8%128135256.738128135256.7380%39486579.117+225%110562421.528+16%174133198.902-26%
Usd Price Per Share0.058-8%0.0630.0630%0.019+225%0.054+16%0.085-26%
Usd Profit--1308288.6001308288.6000%1836741.600-29%-1213026.480+193%-8052013.440+715%
Usd Revenue--24432804.00024432804.0000%23389444.800+4%22483036.080+9%27231393.960-10%
Usd Total Gains Per Share---0.003-0.0030%0.000-89%0.000-87%-0.003-16%
 EOD+4 -4MRQTTM+0 -0YOY+10 -235Y+15 -1910Y+18 -18

3.2. Fundamental Score

Let's check the fundamental score of Grand Ocean Advanced Resources Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1590.945
Price to Book Ratio (EOD)Between0-17.561
Net Profit Margin (MRQ)Greater than00.054
Operating Margin (MRQ)Greater than00.039
Quick Ratio (MRQ)Greater than11.288
Current Ratio (MRQ)Greater than11.517
Debt to Asset Ratio (MRQ)Less than10.597
Debt to Equity Ratio (MRQ)Less than11.480
Return on Equity (MRQ)Greater than0.150.083
Return on Assets (MRQ)Greater than0.050.034
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Grand Ocean Advanced Resources Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.410
Total0/1 (0.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Tax Provision  -17,26717,181-86-4,359-4,4454,060-3857,1876,802
Income Tax Expense  -17,26717,181-86-4,359-4,4454,060-3857,1876,802



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in HKD. All numbers in thousands.

Summary
Total Assets305,350
Total Liabilities182,225
Total Stockholder Equity123,125
 As reported
Total Liabilities 182,225
Total Stockholder Equity+ 123,125
Total Assets = 305,350

Assets

Total Assets305,350
Total Current Assets138,383
Long-term Assets166,967
Total Current Assets
Cash And Cash Equivalents 117,494
Inventory 13,597
Other Current Assets 4,956
Total Current Assets  (as reported)138,383
Total Current Assets  (calculated)136,047
+/- 2,336
Long-term Assets
Property Plant Equipment 122,546
Intangible Assets 29,657
Other Assets 14,764
Long-term Assets  (as reported)166,967
Long-term Assets  (calculated)166,967
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities91,219
Long-term Liabilities20,721
Total Stockholder Equity123,125
Total Current Liabilities
Short-term Debt 39,582
Short Long Term Debt 39,582
Total Current Liabilities  (as reported)91,219
Total Current Liabilities  (calculated)79,164
+/- 12,055
Long-term Liabilities
Other Liabilities 20,721
Long-term Liabilities  (as reported)20,721
Long-term Liabilities  (calculated)20,721
+/-0
Total Stockholder Equity
Common Stock15,035
Retained Earnings -3,116
Capital Surplus 96,935
Total Stockholder Equity (as reported)123,125
Total Stockholder Equity (calculated)108,854
+/- 14,271
Other
Capital Stock15,035
Cash and Short Term Investments 117,494
Common Stock Shares Outstanding 1,503,477
Liabilities and Stockholders Equity 305,350
Net Invested Capital 162,707
Net Tangible Assets 93,468
Net Working Capital 47,164
Property Plant and Equipment Gross 498,265



Balance Sheet

Currency in HKD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-31
> Total Assets 
47,725
21,013
18,109
18,310
8,121
62,664
374,313
535,397
693,676
920,504
919,531
990,277
1,017,511
906,739
723,885
472,367
403,171
368,498
320,076
263,299
259,999
305,350
305,350259,999263,299320,076368,498403,171472,367723,885906,7391,017,511990,277919,531920,504693,676535,397374,31362,6648,12118,31018,10921,01347,725
   > Total Current Assets 
0
0
0
0
0
34,823
259,286
296,912
275,768
351,188
276,699
276,741
221,024
205,929
146,190
124,591
154,894
191,890
157,478
118,311
105,149
138,383
138,383105,149118,311157,478191,890154,894124,591146,190205,929221,024276,741276,699351,188275,768296,912259,28634,82300000
       Cash And Cash Equivalents 
12,814
5,140
3,547
4,365
1,413
7,828
201,517
142,241
57,855
57,234
37,064
34,538
16,852
105,358
48,189
93,238
105,286
155,635
121,644
93,502
86,412
117,494
117,49486,41293,502121,644155,635105,28693,23848,189105,35816,85234,53837,06457,23457,855142,241201,5177,8281,4134,3653,5475,14012,814
       Short-term Investments 
0
0
0
732
1,196
5,742
23,802
24,556
61,051
126,795
54,730
44,473
19,559
14,372
15,779
9,173
11,166
14,984
12,584
0
0
0
00012,58414,98411,1669,17315,77914,37219,55944,47354,730126,79561,05124,55623,8025,7421,196732000
       Net Receivables 
26,329
8,572
6,534
8,924
4,217
3,638
9,369
87,817
117,648
106,281
109,165
129,982
138,572
56,006
56,939
7,655
2,850
7,700
13,470
7,674
0
0
007,67413,4707,7002,8507,65556,93956,006138,572129,982109,165106,281117,64887,8179,3693,6384,2178,9246,5348,57226,329
       Other Current Assets 
0
0
0
0
0
115
123
76
76
80
84
66
77
71
7,493
7,134
11,114
7,321
4,758
4,771
4,932
4,956
4,9564,9324,7714,7587,32111,1147,1347,4937177668480767612311500000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
347,776
248,277
176,608
162,598
144,988
154,850
166,967
166,967154,850144,988162,598176,608248,277347,776000000000000000
       Property Plant Equipment 
1,900
1,160
911
728
466
26,528
89,796
159,318
326,527
464,983
520,979
557,407
641,806
582,488
493,093
296,991
196,344
131,143
106,934
86,267
131,495
122,546
122,546131,49586,267106,934131,143196,344296,991493,093582,488641,806557,407520,979464,983326,527159,31889,79626,5284667289111,1601,900
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
2,907
2,907
2,907
2,907
0
0
0
0
0
0
0
00000002,9072,9072,9072,90700000000000
       Intangible Assets 
0
0
0
0
348
813
24,873
76,365
88,636
91,360
93,183
93,292
93,930
87,696
60,146
36,918
35,217
31,681
26,528
19,505
26,476
29,657
29,65726,47619,50526,52831,68135,21736,91860,14687,69693,93093,29293,18391,36088,63676,36524,8738133480000
       Long-term Assets Other 
0
0
0
0
0
862
0
0
0
0
0
0
0
1,303
1,226
854
248,277
176,608
162,598
0
0
0
000162,598176,608248,2778541,2261,303000000086200000
> Total Liabilities 
10,362
8,078
12,335
16,946
15,558
41,493
13,277
47,415
137,890
311,376
311,236
394,437
461,943
358,284
359,801
269,479
243,584
165,159
83,818
78,623
81,224
182,225
182,22581,22478,62383,818165,159243,584269,479359,801358,284461,943394,437311,236311,376137,89047,41513,27741,49315,55816,94612,3358,07810,362
   > Total Current Liabilities 
10,362
8,078
12,335
10,946
15,558
39,118
13,277
44,552
124,765
279,820
251,853
303,848
247,560
254,117
274,131
209,320
175,149
144,837
63,840
56,822
58,800
91,219
91,21958,80056,82263,840144,837175,149209,320274,131254,117247,560303,848251,853279,820124,76544,55213,27739,11815,55810,94612,3358,07810,362
       Short-term Debt 
0
0
0
0
0
9,500
0
7,947
44,781
126,073
49,048
0
162,683
6,350
99,578
25,228
0
13,653
0
0
0
39,582
39,58200013,653025,22899,5786,350162,683049,048126,07344,7817,94709,50000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
162,683
6,350
99,578
25,228
0
13,653
0
0
0
39,582
39,58200013,653025,22899,5786,350162,683000000000000
       Accounts payable 
4,754
2,051
3,923
6,749
4,825
16,435
4,506
13,293
4,981
3,475
7,282
26,594
14,206
6,501
3,346
184,092
0
0
58,922
0
0
0
00058,92200184,0923,3466,50114,20626,5947,2823,4754,98113,2934,50616,4354,8256,7493,9232,0514,754
       Other Current Liabilities 
5,608
6,027
8,412
4,197
5,523
13,183
8,771
23,312
75,003
152,635
195,523
277,254
233,354
227,891
18,899
131,748
148,063
96,745
30,171
7,251
24,916
0
024,9167,25130,17196,745148,063131,74818,899227,891233,354277,254195,523152,63575,00323,3128,77113,1835,5234,1978,4126,0275,608
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
60,159
68,435
20,322
19,978
21,801
22,424
20,721
20,72122,42421,80119,97820,32268,43560,159000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
84,241
29,380
31,877
0
268
0
0
0
000268031,87729,38084,24100000000000000
       Other Liabilities 
0
0
0
2,000
0
0
0
0
0
0
0
13,223
39,636
4,351
1,429
30,779
36,558
20,322
19,710
21,801
22,424
20,721
20,72122,42421,80119,71020,32236,55830,7791,4294,35139,63613,22300000002,000000
> Total Stockholder Equity
37,363
12,935
5,774
1,364
0
21,171
337,020
397,966
414,276
440,464
453,007
476,299
467,737
458,868
311,079
157,629
126,487
153,568
141,823
105,497
119,128
123,125
123,125119,128105,497141,823153,568126,487157,629311,079458,868467,737476,299453,007440,464414,276397,966337,02021,17101,3645,77412,93537,363
   Common Stock
18,000
19,200
20,400
20,400
20,400
29,606
42,355
42,355
50,826
60,991
73,190
91,933
114,619
229,239
251,739
251,739
15,035
15,035
15,035
15,035
15,035
15,035
15,03515,03515,03515,03515,03515,035251,739251,739229,239114,61991,93373,19060,99150,82642,35542,35529,60620,40020,40020,40019,20018,000
   Retained Earnings 
325
0
0
0
0
-53,089
-17,016
17,845
40,358
58,854
38,004
-4,695
-37,052
-146,002
-343,042
-182,346
-229,331
-271,853
-302,709
90,462
-11,725
-3,116
-3,116-11,72590,462-302,709-271,853-229,331-182,346-343,042-146,002-37,052-4,69538,00458,85440,35817,845-17,016-53,0890000325
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
96,935
96,935
96,935
96,935
96,935
96,935
96,93596,93596,93596,93596,93596,9350000000000000000
   Treasury Stock0000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
81,145
57,804
45,380
8,004
13,575
59,944
56,921
90,462
18,883
108,090
108,09018,88390,46256,92159,94413,5758,00445,38057,80481,145000000000000



Balance Sheet

Currency in HKD. All numbers in thousands.




Cash Flow

Currency in HKD. All numbers in thousands.




Income Statement

Currency in HKD. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue191,180
Cost of Revenue-110,014
Gross Profit81,16681,166
 
Operating Income (+$)
Gross Profit81,166
Operating Expense-184,760
Operating Income34,072-103,594
 
Operating Expense (+$)
Research Development0
Selling General Administrative76,524
Selling And Marketing Expenses0
Operating Expense184,76076,524
 
Net Interest Income (+$)
Interest Income1,170
Interest Expense-264
Other Finance Cost-1,812
Net Interest Income-906
 
Pretax Income (+$)
Operating Income34,072
Net Interest Income-906
Other Non-Operating Income Expenses0
Income Before Tax (EBT)32,90234,072
EBIT - interestExpense = 7,102
17,039
10,501
Interest Expense264
Earnings Before Interest and Taxes (EBIT)7,36633,166
Earnings Before Interest and Taxes (EBITDA)49,686
 
After tax Income (+$)
Income Before Tax32,902
Tax Provision-6,802
Net Income From Continuing Ops26,10026,100
Net Income10,237
Net Income Applicable To Common Shares10,237
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses2,921
Total Other Income/Expenses Net0906
 

Technical Analysis of Grand Ocean Advanced Resources Co Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Grand Ocean Advanced Resources Co Ltd. The general trend of Grand Ocean Advanced Resources Co Ltd is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Grand Ocean Advanced Resources Co Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Grand Ocean Advanced Resources Co Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.45 < 0.45 < 0.5.

The bearish price targets are: 0.385 > 0.38 > 0.255.

Tweet this
Grand Ocean Advanced Resources Co Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Grand Ocean Advanced Resources Co Ltd. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Grand Ocean Advanced Resources Co Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Grand Ocean Advanced Resources Co Ltd.

Grand Ocean Advanced Resources Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartGrand Ocean Advanced Resources Co Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Grand Ocean Advanced Resources Co Ltd. The current adx is .

Grand Ocean Advanced Resources Co Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Grand Ocean Advanced Resources Co Ltd.

Grand Ocean Advanced Resources Co Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Grand Ocean Advanced Resources Co Ltd.

Grand Ocean Advanced Resources Co Ltd Daily Relative Strength Index (RSI) ChartGrand Ocean Advanced Resources Co Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Grand Ocean Advanced Resources Co Ltd.

Grand Ocean Advanced Resources Co Ltd Daily Stochastic Oscillator ChartGrand Ocean Advanced Resources Co Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Grand Ocean Advanced Resources Co Ltd.

Grand Ocean Advanced Resources Co Ltd Daily Commodity Channel Index (CCI) ChartGrand Ocean Advanced Resources Co Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Grand Ocean Advanced Resources Co Ltd.

Grand Ocean Advanced Resources Co Ltd Daily Chande Momentum Oscillator (CMO) ChartGrand Ocean Advanced Resources Co Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Grand Ocean Advanced Resources Co Ltd.

Grand Ocean Advanced Resources Co Ltd Daily Williams %R ChartGrand Ocean Advanced Resources Co Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Grand Ocean Advanced Resources Co Ltd.

Grand Ocean Advanced Resources Co Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Grand Ocean Advanced Resources Co Ltd.

Grand Ocean Advanced Resources Co Ltd Daily Average True Range (ATR) ChartGrand Ocean Advanced Resources Co Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Grand Ocean Advanced Resources Co Ltd.

Grand Ocean Advanced Resources Co Ltd Daily On-Balance Volume (OBV) ChartGrand Ocean Advanced Resources Co Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Grand Ocean Advanced Resources Co Ltd.

Grand Ocean Advanced Resources Co Ltd Daily Money Flow Index (MFI) ChartGrand Ocean Advanced Resources Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Grand Ocean Advanced Resources Co Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-20MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-22MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-11BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-14RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside

6.3. Candlestick Patterns

Grand Ocean Advanced Resources Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Grand Ocean Advanced Resources Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.410
Total0/1 (0.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Grand Ocean Advanced Resources Co Ltd with someone you think should read this too:
  • Are you bullish or bearish on Grand Ocean Advanced Resources Co Ltd? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Grand Ocean Advanced Resources Co Ltd? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Grand Ocean Advanced Resources Co Ltd

I send you an email if I find something interesting about Grand Ocean Advanced Resources Co Ltd.


Comments

How you think about this?

Leave a comment

Stay informed about Grand Ocean Advanced Resources Co Ltd.

Receive notifications about Grand Ocean Advanced Resources Co Ltd in your mailbox!