Tgs Asa Stock Performance
| TGSNF Stock | USD 9.60 0.60 6.67% |
The entity has a beta of 0.52, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TGS ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding TGS ASA is expected to be smaller as well. At this point, TGS ASA has a negative expected return of -0.0961%. Please make sure to validate TGS ASA's value at risk, rate of daily change, as well as the relationship between the Rate Of Daily Change and period momentum indicator , to decide if TGS ASA performance from the past will be repeated at future time.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days TGS ASA has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, TGS ASA is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 195.7 M | |
| Total Cashflows From Investing Activities | -200.8 M |
TGS |
TGS ASA Relative Risk vs. Return Landscape
If you would invest 1,031 in TGS ASA on September 3, 2024 and sell it today you would lose (71.00) from holding TGS ASA or give up 6.89% of portfolio value over 90 days. TGS ASA is currently producing negative expected returns and takes up 1.743% volatility of returns over 90 trading days. Put another way, 15% of traded otc stocks are less volatile than TGS, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
TGS ASA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TGS ASA's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as TGS ASA, and traders can use it to determine the average amount a TGS 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 = -0.0551
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TGSNF |
Estimated Market Risk
| 1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TGS 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 TGS ASA by adding TGS ASA to a well-diversified portfolio.
TGS ASA Fundamentals Growth
TGS OTC Stock prices reflect investors' perceptions of the future prospects and financial health of TGS ASA, and TGS 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 TGS OTC Stock performance.
| Return On Equity | 0.0735 | |||
| Return On Asset | 0.12 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.49 % | |||
| Current Valuation | 1.26 B | |||
| Shares Outstanding | 123.38 M | |||
| Price To Earning | 45.09 X | |||
| Price To Book | 1.22 X | |||
| Price To Sales | 2.40 X | |||
| Revenue | 518.69 M | |||
| EBITDA | 395.5 M | |||
| Cash And Equivalents | 254.7 M | |||
| Cash Per Share | 2.20 X | |||
| Total Debt | 37.19 M | |||
| Debt To Equity | 0.03 % | |||
| Book Value Per Share | 9.95 X | |||
| Cash Flow From Operations | 317.65 M | |||
| Earnings Per Share | (0.59) X | |||
| Total Asset | 1.63 B | |||
| Retained Earnings | 1.08 B | |||
| Current Asset | 449 M | |||
| Current Liabilities | 198 M | |||
About TGS ASA Performance
By analyzing TGS ASA's fundamental ratios, stakeholders can gain valuable insights into TGS ASA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if TGS ASA 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 TGS ASA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
TGS ASA provides geoscience data products and services to the oil and gas industry worldwide. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway. Tgs ASA operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 471 people.Things to note about TGS ASA performance evaluation
Checking the ongoing alerts about TGS ASA for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for TGS ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TGS ASA generated a negative expected return over the last 90 days | |
| The company reported the revenue of 518.69 M. Net Loss for the year was (75.98 M) with profit before overhead, payroll, taxes, and interest of 679.11 M. | |
| About 69.0% of the company shares are owned by institutional investors |
- Analyzing TGS 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 TGS ASA's stock is overvalued or undervalued compared to its peers.
- Examining TGS 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 TGS ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TGS ASA's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of TGS ASA's otc stock. These opinions can provide insight into TGS ASA's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for TGS OTC Stock analysis
When running TGS ASA's price analysis, check to measure TGS ASA'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 TGS ASA is operating at the current time. Most of TGS ASA's value examination focuses on studying past and present price action to predict the probability of TGS ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TGS ASA's price. Additionally, you may evaluate how the addition of TGS ASA to your portfolios can decrease your overall portfolio volatility.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |