NORSKE SKOG Financials
| 0BQ Stock | EUR 1.76 0.01 0.56% |
NORSKE |
Understanding current and past NORSKE SKOG Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of NORSKE SKOG's financial statements are interrelated, with each one affecting the others. For example, an increase in NORSKE SKOG's assets may result in an increase in income on the income statement.
NORSKE SKOG Stock Summary
NORSKE SKOG competes with SPORT LISBOA, Pure Storage, Transport International, Cass Information, and PUBLIC STORAGE. Norske Skog ASA produces and sells newsprint and magazine paper primarily in Europe and Australasia. The company was founded in 1962 and is headquartered in Oslo, Norway. NORSKE SKOG is traded on Frankfurt Stock Exchange in Germany.| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | NO0010861115 |
| Business Address | PO Box 294 |
| Sector | Basic Materials |
| Industry | Paper & Paper Products |
| Benchmark | Dow Jones Industrial |
| Website | www.norskeskog.com |
| Phone | 47 22 51 20 20 |
| Currency | EUR - Euro |
You should never invest in NORSKE SKOG without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of NORSKE Stock, because this is throwing your money away. Analyzing the key information contained in NORSKE SKOG's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
NORSKE SKOG Key Financial Ratios
There are many critical financial ratios that NORSKE SKOG's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that NORSKE SKOG AS reports annually and quarterly.NORSKE Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NORSKE SKOG's current stock value. Our valuation model uses many indicators to compare NORSKE SKOG value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NORSKE SKOG competition to find correlations between indicators driving NORSKE SKOG's intrinsic value. More Info.NORSKE SKOG AS is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.23 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NORSKE SKOG AS is roughly 4.27 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NORSKE SKOG's earnings, one of the primary drivers of an investment's value.NORSKE SKOG AS Systematic Risk
NORSKE SKOG's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NORSKE SKOG volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on NORSKE SKOG AS correlated with the market. If Beta is less than 0 NORSKE SKOG generally moves in the opposite direction as compared to the market. If NORSKE SKOG Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NORSKE SKOG AS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NORSKE SKOG is generally in the same direction as the market. If Beta > 1 NORSKE SKOG moves generally in the same direction as, but more than the movement of the benchmark.
NORSKE SKOG December 13, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NORSKE SKOG help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NORSKE SKOG AS. We use our internally-developed statistical techniques to arrive at the intrinsic value of NORSKE SKOG AS based on widely used predictive technical indicators. In general, we focus on analyzing NORSKE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NORSKE SKOG's daily price indicators and compare them against related drivers.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 24.74 | |||
| Value At Risk | (9.52) | |||
| Potential Upside | 7.64 |
Complementary Tools for NORSKE Stock analysis
When running NORSKE SKOG's price analysis, check to measure NORSKE SKOG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NORSKE SKOG is operating at the current time. Most of NORSKE SKOG's value examination focuses on studying past and present price action to predict the probability of NORSKE SKOG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NORSKE SKOG's price. Additionally, you may evaluate how the addition of NORSKE SKOG to your portfolios can decrease your overall portfolio volatility.
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