Odfjell B Financials

ODFB Stock  NOK 111.00  2.50  2.20%   
Financial data analysis helps to confirm if markets are presently mispricing Odfjell B. We were able to break down and interpolate thirty-five available financial ratios for Odfjell B, which can be compared to its competitors. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Odfjell B to be traded at 106.56 in 90 days.
  
Understanding current and past Odfjell B Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Odfjell B's financial statements are interrelated, with each one affecting the others. For example, an increase in Odfjell B's assets may result in an increase in income on the income statement.

Odfjell B Stock Summary

Odfjell B competes with Dolphin Drilling, Pareto Bank, Skue Sparebank, Kraft Bank, and Lea Bank. Odfjell SE engages in the transportation and storage of bulk liquid chemicals, acids, edible oils, and other special products. Odfjell SE was founded in 1914 and is headquartered in Bergen, Norway. Odfjell SE operates under Shipping Ports classification in Norway and is traded on Oslo Stock Exchange. It employs 2530 people.
InstrumentNorway Stock View All
ExchangeOslo Stock Exchange
ISINNO0003399917
Business AddressConrad Mohrs veg
SectorIndustrials
IndustryShipping & Ports
BenchmarkDow Jones Industrial
Websitewww.odfjell.com
Phone47 55 27 00 00
CurrencyNOK - Kroner
You should never invest in Odfjell B without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Odfjell Stock, because this is throwing your money away. Analyzing the key information contained in Odfjell B's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Odfjell B Key Financial Ratios

There are many critical financial ratios that Odfjell B's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Odfjell B reports annually and quarterly.

Odfjell Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Odfjell B's current stock value. Our valuation model uses many indicators to compare Odfjell B value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Odfjell B competition to find correlations between indicators driving Odfjell B's intrinsic value. More Info.
Odfjell B is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.28  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Odfjell B is roughly  3.58 . 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 Odfjell B's earnings, one of the primary drivers of an investment's value.

Odfjell B Systematic Risk

Odfjell B's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Odfjell B 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.
Execute Function
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 Odfjell B correlated with the market. If Beta is less than 0 Odfjell B generally moves in the opposite direction as compared to the market. If Odfjell B Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Odfjell B is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Odfjell B is generally in the same direction as the market. If Beta > 1 Odfjell B moves generally in the same direction as, but more than the movement of the benchmark.

Odfjell B November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Odfjell B help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Odfjell B. We use our internally-developed statistical techniques to arrive at the intrinsic value of Odfjell B based on widely used predictive technical indicators. In general, we focus on analyzing Odfjell Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Odfjell B's daily price indicators and compare them against related drivers.

Other Information on Investing in Odfjell Stock

Odfjell B financial ratios help investors to determine whether Odfjell 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 Odfjell with respect to the benefits of owning Odfjell B security.