NORSKE SKOG (Germany) Performance
| 0BQ Stock | EUR 1.75 0.04 2.34% |
The company secures a Beta (Market Risk) of -0.26, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NORSKE SKOG are expected to decrease at a much lower rate. During the bear market, NORSKE SKOG is likely to outperform the market. At this point, NORSKE SKOG AS has a negative expected return of -0.17%. Please make sure to verify NORSKE SKOG's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if NORSKE SKOG AS performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days NORSKE SKOG AS has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest uncertain performance, the Stock's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
NORSKE |
NORSKE SKOG Relative Risk vs. Return Landscape
If you would invest 209.00 in NORSKE SKOG AS on October 20, 2024 and sell it today you would lose (34.00) from holding NORSKE SKOG AS or give up 16.27% of portfolio value over 90 days. NORSKE SKOG AS is currently producing negative expected returns and takes up 4.8844% volatility of returns over 90 trading days. Put another way, 43% of traded stocks are less volatile than NORSKE, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
NORSKE SKOG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NORSKE SKOG's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NORSKE SKOG AS, and traders can use it to determine the average amount a NORSKE SKOG's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0356
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| Negative Returns | 0BQ |
Estimated Market Risk
| 4.88 actual daily | 43 57% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NORSKE SKOG is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of NORSKE SKOG by adding NORSKE SKOG to a well-diversified portfolio.
NORSKE SKOG Fundamentals Growth
NORSKE Stock prices reflect investors' perceptions of the future prospects and financial health of NORSKE SKOG, and NORSKE SKOG fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on NORSKE Stock performance.
| Return On Equity | 0.5 | |||
| Return On Asset | 0.12 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.14 % | |||
| Shares Outstanding | 94.26 M | |||
| Revenue | 13.67 B | |||
| EBITDA | 2.35 B | |||
| Cash And Equivalents | 1.32 B | |||
| Cash Per Share | 14.05 X | |||
| Total Debt | 2.1 B | |||
| Debt To Equity | 0.62 % | |||
| Book Value Per Share | 51.55 X | |||
| Cash Flow From Operations | 161 M | |||
| Earnings Per Share | 1.89 X | |||
About NORSKE SKOG Performance
By analyzing NORSKE SKOG's fundamental ratios, stakeholders can gain valuable insights into NORSKE SKOG's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NORSKE SKOG has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if NORSKE SKOG has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Norske Skog ASA produces and sells newsprint and magazine paper primarily in Europe and Australasia. The company was founded in 1962 and is headquartered in Oslo, Norway. NORSKE SKOG is traded on Frankfurt Stock Exchange in Germany.Things to note about NORSKE SKOG AS performance evaluation
Checking the ongoing alerts about NORSKE SKOG for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NORSKE SKOG AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NORSKE SKOG AS generated a negative expected return over the last 90 days | |
| NORSKE SKOG AS may become a speculative penny stock | |
| NORSKE SKOG AS has high historical volatility and very poor performance | |
| NORSKE SKOG AS has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 13.67 B. Net Loss for the year was (1.61 B) with profit before overhead, payroll, taxes, and interest of 3.39 B. | |
| About 49.0% of the company shares are owned by insiders or employees |
- Analyzing NORSKE SKOG's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether NORSKE SKOG's stock is overvalued or undervalued compared to its peers.
- Examining NORSKE SKOG's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating NORSKE SKOG's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NORSKE SKOG's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NORSKE SKOG's stock. These opinions can provide insight into NORSKE SKOG's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NORSKE Stock analysis
When running NORSKE SKOG's price analysis, check to measure NORSKE SKOG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NORSKE SKOG is operating at the current time. Most of NORSKE SKOG's value examination focuses on studying past and present price action to predict the probability of NORSKE SKOG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NORSKE SKOG's price. Additionally, you may evaluate how the addition of NORSKE SKOG to your portfolios can decrease your overall portfolio volatility.
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