Solstad Offsho Financials
| SOFF Stock | NOK 42.24 2.24 5.60% |
Solstad |
Understanding current and past Solstad Offsho Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Solstad Offsho's financial statements are interrelated, with each one affecting the others. For example, an increase in Solstad Offsho's assets may result in an increase in income on the income statement.
Solstad Offsho Stock Summary
Solstad Offsho competes with BW Offshore, and Odfjell Drilling. Solstad Offshore ASA operates offshore service and construction vessels for renewable energy at sea and offshore petroleum industry worldwide. Solstad Offshore ASA was founded in 1964 and is headquartered in Skudeneshavn, Norway. SOLSTAD OFFSHORE operates under Oil Gas Equipment Services classification in Norway and is traded on Oslo Stock Exchange. It employs 3620 people.| Foreign Associate | UK |
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0003080608 |
| Business Address | Nesavegen , Skudeneshavn, |
| Sector | Energy Equipment & Services |
| Industry | Energy |
| Benchmark | Dow Jones Industrial |
| Website | www.solstad.com |
| Phone | 47 52 85 65 00 |
| Currency | NOK - Kroner |
You should never invest in Solstad Offsho without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Solstad Stock, because this is throwing your money away. Analyzing the key information contained in Solstad Offsho's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Solstad Offsho Key Financial Ratios
There are many critical financial ratios that Solstad Offsho's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Solstad Offsho reports annually and quarterly.| Return On Equity | -0.9 | |||
| Return On Asset | 0.0113 | |||
| Target Price | 33.0 | |||
| Beta | 2.99 |
Solstad Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Solstad Offsho's current stock value. Our valuation model uses many indicators to compare Solstad Offsho value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Solstad Offsho competition to find correlations between indicators driving Solstad Offsho's intrinsic value. More Info.Solstad Offsho 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 . 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 Solstad Offsho's earnings, one of the primary drivers of an investment's value.Solstad Offsho Systematic Risk
Solstad Offsho's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Solstad Offsho 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 Solstad Offsho correlated with the market. If Beta is less than 0 Solstad Offsho generally moves in the opposite direction as compared to the market. If Solstad Offsho Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Solstad Offsho is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Solstad Offsho is generally in the same direction as the market. If Beta > 1 Solstad Offsho moves generally in the same direction as, but more than the movement of the benchmark.
Solstad Offsho November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Solstad Offsho help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Solstad Offsho. We use our internally-developed statistical techniques to arrive at the intrinsic value of Solstad Offsho based on widely used predictive technical indicators. In general, we focus on analyzing Solstad Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Solstad Offsho's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.16 | |||
| Information Ratio | 0.0022 | |||
| Maximum Drawdown | 9.8 | |||
| Value At Risk | (2.77) | |||
| Potential Upside | 3.69 |
Other Information on Investing in Solstad Stock
Solstad Offsho financial ratios help investors to determine whether Solstad 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 Solstad with respect to the benefits of owning Solstad Offsho security.