ODIN NORSK (Norway) Manager Performance Evaluation
| NO0008000056 | 1,108 0.55 0.05% |
The fund holds a Beta of 0.003, which implies not very significant fluctuations relative to the market. As returns on the market increase, ODIN NORSK's returns are expected to increase less than the market. However, during the bear market, the loss of holding ODIN NORSK is expected to be smaller as well.
Risk-Adjusted Performance
66 of 100
Weak | Strong |
Market Crasher
Compared to the overall equity markets, risk-adjusted returns on investments in ODIN NORSK OBLIGASJON are ranked lower than 66 (%) of all funds and portfolios of funds over the last 90 days. Despite somewhat strong basic indicators, ODIN NORSK is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors.
...moreODIN |
ODIN NORSK Relative Risk vs. Return Landscape
If you would invest 109,644 in ODIN NORSK OBLIGASJON on September 1, 2024 and sell it today you would earn a total of 1,197 from holding ODIN NORSK OBLIGASJON or generate 1.09% return on investment over 90 days. ODIN NORSK OBLIGASJON is generating 0.0167% of daily returns and assumes 0.0199% volatility on return distribution over the 90 days horizon. Simply put, 0% of funds are less volatile than ODIN, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ODIN NORSK Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ODIN NORSK's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as ODIN NORSK OBLIGASJON, and traders can use it to determine the average amount a ODIN NORSK'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 = 0.8403
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Based on monthly moving average ODIN NORSK is performing at about 66% of its full potential. 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 ODIN NORSK by adding it to a well-diversified portfolio.
Things to note about ODIN NORSK OBLIGASJON performance evaluation
Checking the ongoing alerts about ODIN NORSK for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for ODIN NORSK OBLIGASJON help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating ODIN NORSK's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate ODIN NORSK's fund performance include:- Analyzing ODIN NORSK'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 ODIN NORSK's stock is overvalued or undervalued compared to its peers.
- Examining ODIN NORSK'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 ODIN NORSK's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ODIN NORSK's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of ODIN NORSK's fund. These opinions can provide insight into ODIN NORSK's potential for growth and whether the stock is currently undervalued or overvalued.
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