Akastor ASA Financials
| AKAST Stock | NOK 12.90 0.36 2.71% |
Akastor |
Understanding current and past Akastor ASA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Akastor ASA's financial statements are interrelated, with each one affecting the others. For example, an increase in Akastor ASA's assets may result in an increase in income on the income statement.
Akastor ASA Stock Summary
Akastor ASA competes with Subsea 7, Aker ASA, Dno ASA, and Aker Carbon. Akastor ASA operates as an oilfield services investment company in Norway, Germany, the United States, Brazil, Asia, rest of Europe, the Middle East, and internationally. Akastor ASA was founded in 1841 and is based in Brum, Norway. AKASTOR ASA operates under Oil Gas Equipment Services classification in Norway and is traded on Oslo Stock Exchange. It employs 1988 people.| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0010215684 |
| Business Address | Building B, Brum, |
| Sector | Energy |
| Industry | Oil & Gas Equipment & Services |
| Benchmark | Dow Jones Industrial |
| Website | www.akastor.com |
| Phone | 47 21 52 58 00 |
| Currency | NOK - Kroner |
You should never invest in Akastor ASA without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Akastor Stock, because this is throwing your money away. Analyzing the key information contained in Akastor ASA's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Akastor ASA Key Financial Ratios
Akastor ASA's financial ratios allow both analysts and investors to convert raw data from Akastor ASA's financial statements into concise, actionable information that can be used to evaluate the performance of Akastor ASA over time and compare it to other companies across industries.| Return On Equity | -0.0149 | |||
| Return On Asset | -0.0084 | |||
| Target Price | 15.0 | |||
| Number Of Employees | 415 | |||
| Beta | 0.86 |
Akastor Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Akastor ASA's current stock value. Our valuation model uses many indicators to compare Akastor ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Akastor ASA competition to find correlations between indicators driving Akastor ASA's intrinsic value. More Info.Akastor 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 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Akastor ASA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Akastor ASA's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Akastor ASA Systematic Risk
Akastor ASA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Akastor 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Akastor ASA correlated with the market. If Beta is less than 0 Akastor ASA generally moves in the opposite direction as compared to the market. If Akastor ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Akastor ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Akastor ASA is generally in the same direction as the market. If Beta > 1 Akastor ASA moves generally in the same direction as, but more than the movement of the benchmark.
Akastor ASA November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Akastor ASA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Akastor ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Akastor ASA based on widely used predictive technical indicators. In general, we focus on analyzing Akastor Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Akastor ASA's daily price indicators and compare them against related drivers.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 9.87 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 2.96 |
Other Information on Investing in Akastor Stock
Akastor ASA financial ratios help investors to determine whether Akastor 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 Akastor with respect to the benefits of owning Akastor ASA security.