Saga Pure Financials
| SAGA Stock | NOK 1.27 0.01 0.78% |
Saga |
Understanding current and past Saga Pure Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Saga Pure's financial statements are interrelated, with each one affecting the others. For example, an increase in Saga Pure's assets may result in an increase in income on the income statement.
Saga Pure Stock Summary
Saga Pure competes with Aker Horizons, REC Silicon, Kongsberg Automotive, Aker Carbon, and Everfuel. Saga Tankers ASA engages in the investment and management activities related to shipping, rig, real estate, stock trading, and other related businesses. The company was incorporated in 2010 and is headquartered in Oslo, Norway. SAGA TANKERS operates under Shipping classification in Norway and is traded on Oslo Stock Exchange. It employs 6 people.| Foreign Associates | |
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0010572589 |
| Business Address | Sjlyst Plass 2, |
| Sector | Industrials |
| Industry | Shipping & Ports |
| Benchmark | Dow Jones Industrial |
| Website | www.sagapure.com |
| Phone | 47 92 43 14 17 |
| Currency | NOK - Kroner |
You should never invest in Saga Pure without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Saga Stock, because this is throwing your money away. Analyzing the key information contained in Saga Pure's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Saga Pure Key Financial Ratios
There are many critical financial ratios that Saga Pure's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Saga Pure ASA reports annually and quarterly.| Return On Equity | 0.16 | |||
| Return On Asset | 0.0325 | |||
| Target Price | 2.14 | |||
| Beta | 1.54 | |||
| Z Score | 7.8 |
Saga Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Saga Pure's current stock value. Our valuation model uses many indicators to compare Saga Pure value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Saga Pure competition to find correlations between indicators driving Saga Pure's intrinsic value. More Info.Saga Pure ASA is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.20 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Saga Pure ASA is roughly 4.96 . 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 Saga Pure's earnings, one of the primary drivers of an investment's value.Saga Pure ASA Systematic Risk
Saga Pure's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Saga Pure 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 Saga Pure ASA correlated with the market. If Beta is less than 0 Saga Pure generally moves in the opposite direction as compared to the market. If Saga Pure Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Saga Pure ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Saga Pure is generally in the same direction as the market. If Beta > 1 Saga Pure moves generally in the same direction as, but more than the movement of the benchmark.
Saga Pure November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Saga Pure help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Saga Pure ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Saga Pure ASA based on widely used predictive technical indicators. In general, we focus on analyzing Saga Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Saga Pure's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.01 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 5.55 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 1.57 |
Other Information on Investing in Saga Stock
Saga Pure financial ratios help investors to determine whether Saga 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 Saga with respect to the benefits of owning Saga Pure security.