Airthings ASA Financials
| AIRX Stock | NOK 2.55 0.02 0.78% |
Airthings |
Understanding current and past Airthings ASA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Airthings ASA's financial statements are interrelated, with each one affecting the others. For example, an increase in Airthings ASA's assets may result in an increase in income on the income statement.
Airthings ASA Stock Summary
Airthings ASA competes with Vow ASA, Aker Horizons, and Saga Pure. Airthings ASA, together with its subsidiaries, develops, produces, markets, and sells radon measurement, indoor air quality, and energy efficiency monitors worldwide. The company was founded in 2008 and is headquartered in Oslo, Norway. AIRTHINGS ASA is traded on Oslo Stock Exchange in Norway.| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0010895568 |
| Business Address | Wergelandsveien 7, Oslo, |
| Sector | Industrials |
| Industry | Electrical Equipment & Parts |
| Benchmark | Dow Jones Industrial |
| Website | www.airthings.com |
| Phone | 47 48 03 03 83 |
| Currency | NOK - Kroner |
You should never invest in Airthings ASA without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Airthings Stock, because this is throwing your money away. Analyzing the key information contained in Airthings ASA's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Airthings ASA Key Financial Ratios
There are many critical financial ratios that Airthings ASA's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Airthings ASA reports annually and quarterly.Airthings Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Airthings ASA's current stock value. Our valuation model uses many indicators to compare Airthings ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Airthings ASA competition to find correlations between indicators driving Airthings ASA's intrinsic value. More Info.Airthings ASA 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 . 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 Airthings ASA's earnings, one of the primary drivers of an investment's value.Airthings ASA Systematic Risk
Airthings ASA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Airthings ASA 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Airthings ASA correlated with the market. If Beta is less than 0 Airthings ASA generally moves in the opposite direction as compared to the market. If Airthings ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Airthings ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Airthings ASA is generally in the same direction as the market. If Beta > 1 Airthings ASA moves generally in the same direction as, but more than the movement of the benchmark.
Airthings ASA November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Airthings ASA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Airthings ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Airthings ASA based on widely used predictive technical indicators. In general, we focus on analyzing Airthings Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Airthings ASA's daily price indicators and compare them against related drivers.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 20.4 | |||
| Value At Risk | (4.62) | |||
| Potential Upside | 7.44 |
Other Information on Investing in Airthings Stock
Airthings ASA financial ratios help investors to determine whether Airthings Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Airthings with respect to the benefits of owning Airthings ASA security.