Scatec Solar (Norway) Performance
| SCATC Stock | NOK 78.85 0.80 1.00% |
The entity has a beta of 0.0587, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Scatec Solar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Scatec Solar is expected to be smaller as well. Scatec Solar OL right now has a risk of 1.96%. Please validate Scatec Solar downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if Scatec Solar will be following its existing price patterns.
Risk-Adjusted Performance
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Over the last 90 days Scatec Solar OL has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Scatec Solar is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 7.8 B | |
| Total Cashflows From Investing Activities | -8.1 B |
Scatec |
Scatec Solar Relative Risk vs. Return Landscape
If you would invest 7,905 in Scatec Solar OL on August 29, 2024 and sell it today you would lose (20.00) from holding Scatec Solar OL or give up 0.25% of portfolio value over 90 days. Scatec Solar OL is generating 0.0149% of daily returns and assumes 1.9567% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Scatec, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Scatec Solar Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scatec Solar's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Scatec Solar OL, and traders can use it to determine the average amount a Scatec Solar'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 = 0.0076
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| Negative Returns | SCATC |
Estimated Market Risk
| 1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Scatec Solar 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 Scatec Solar by adding Scatec Solar to a well-diversified portfolio.
Scatec Solar Fundamentals Growth
Scatec Stock prices reflect investors' perceptions of the future prospects and financial health of Scatec Solar, and Scatec Solar 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 Scatec Stock performance.
| Return On Equity | -0.13 | |||
| Return On Asset | 0.0165 | |||
| Profit Margin | (0.44) % | |||
| Operating Margin | 0.31 % | |||
| Current Valuation | 32.49 B | |||
| Shares Outstanding | 158.92 M | |||
| Price To Book | 1.47 X | |||
| Price To Sales | 4.50 X | |||
| Revenue | 3.04 B | |||
| EBITDA | 2.89 B | |||
| Cash And Equivalents | 4.08 B | |||
| Cash Per Share | 26.38 X | |||
| Total Debt | 17.97 B | |||
| Debt To Equity | 2.13 % | |||
| Book Value Per Share | 52.00 X | |||
| Cash Flow From Operations | 2.07 B | |||
| Earnings Per Share | (4.84) X | |||
| Total Asset | 33.03 B | |||
About Scatec Solar Performance
By examining Scatec Solar's fundamental ratios, stakeholders can obtain critical insights into Scatec Solar'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 Scatec Solar 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.
Scatec ASA, together with its subsidiaries, operates as a renewable power producer worldwide. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway. SCATEC ASA is traded on Oslo Stock Exchange in Norway.Things to note about Scatec Solar OL performance evaluation
Checking the ongoing alerts about Scatec Solar for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Scatec Solar OL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 27.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Scatec Solar'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 Scatec Solar's stock is overvalued or undervalued compared to its peers.
- Examining Scatec Solar'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 Scatec Solar's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Scatec Solar's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Scatec Solar's stock. These opinions can provide insight into Scatec Solar's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Scatec Stock
Scatec Solar financial ratios help investors to determine whether Scatec 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 Scatec with respect to the benefits of owning Scatec Solar security.