Akastor ASA (Norway) Performance
| AKAST Stock | NOK 12.66 0.08 0.63% |
The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Akastor ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Akastor ASA is expected to be smaller as well. At this point, Akastor ASA has a negative expected return of -0.17%. Please make sure to confirm Akastor ASA's potential upside, and the relationship between the jensen alpha and rate of daily change , to decide if Akastor ASA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Akastor ASA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest conflicting performance, the Stock's basic indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors. ...more
| Begin Period Cash Flow | 275 M | |
| Total Cashflows From Investing Activities | 431 M |
Akastor |
Akastor ASA Relative Risk vs. Return Landscape
If you would invest 1,430 in Akastor ASA on September 1, 2024 and sell it today you would lose (164.00) from holding Akastor ASA or give up 11.47% of portfolio value over 90 days. Akastor ASA is generating negative expected returns and assumes 1.8116% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Akastor, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Akastor ASA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Akastor ASA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Akastor ASA, and traders can use it to determine the average amount a Akastor ASA'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 = -0.0929
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| Negative Returns | AKAST |
Estimated Market Risk
| 1.81 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Akastor ASA 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 Akastor ASA by adding Akastor ASA to a well-diversified portfolio.
Akastor ASA Fundamentals Growth
Akastor Stock prices reflect investors' perceptions of the future prospects and financial health of Akastor ASA, and Akastor ASA 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 Akastor Stock performance.
| Return On Equity | -0.0149 | |||
| Return On Asset | -0.0084 | |||
| Profit Margin | 1.21 % | |||
| Operating Margin | (0.11) % | |||
| Current Valuation | 4.35 B | |||
| Shares Outstanding | 272.19 M | |||
| Price To Book | 0.56 X | |||
| Price To Sales | 2.43 X | |||
| Revenue | 913 M | |||
| EBITDA | 1.3 B | |||
| Cash And Equivalents | 258 M | |||
| Cash Per Share | 0.98 X | |||
| Total Debt | 1.44 B | |||
| Debt To Equity | 0.62 % | |||
| Book Value Per Share | 15.06 X | |||
| Cash Flow From Operations | (96 M) | |||
| Earnings Per Share | 3.26 X | |||
| Total Asset | 7.21 B | |||
About Akastor ASA Performance
By examining Akastor ASA's fundamental ratios, stakeholders can obtain critical insights into Akastor ASA's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Akastor ASA is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
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.Things to note about Akastor ASA performance evaluation
Checking the ongoing alerts about Akastor ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Akastor ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Akastor ASA generated a negative expected return over the last 90 days | |
| Akastor ASA has high likelihood to experience some financial distress in the next 2 years | |
| Akastor ASA has accumulated about 258 M in cash with (96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.98. | |
| Roughly 61.0% of the company shares are held by company insiders |
- Analyzing Akastor ASA'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 Akastor ASA's stock is overvalued or undervalued compared to its peers.
- Examining Akastor ASA'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 Akastor ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Akastor ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Akastor ASA's stock. These opinions can provide insight into Akastor ASA's potential for growth and whether the stock is currently undervalued or overvalued.
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.