NorAm Drilling (Germany) Performance
| TM9 Stock | EUR 2.98 0.10 3.25% |
The company secures a Beta (Market Risk) of -0.53, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning NorAm Drilling are expected to decrease at a much lower rate. During the bear market, NorAm Drilling is likely to outperform the market. NorAm Drilling AS right now secures a risk of 5.06%. Please verify NorAm Drilling AS sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if NorAm Drilling AS will be following its current price movements.
Risk-Adjusted Performance
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Over the last 90 days NorAm Drilling AS has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, NorAm Drilling is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Quick Ratio | 3.41 | |
| Fifty Two Week Low | 26.89 | |
| Payout Ratio | 23.04% | |
| Fifty Two Week High | 41.26 | |
| Trailing Annual Dividend Yield | 2.46% |
NorAm |
NorAm Drilling Relative Risk vs. Return Landscape
If you would invest 321.00 in NorAm Drilling AS on August 27, 2024 and sell it today you would lose (23.00) from holding NorAm Drilling AS or give up 7.17% of portfolio value over 90 days. NorAm Drilling AS is currently producing 0.0077% returns and takes up 5.059% volatility of returns over 90 trading days. Put another way, 45% of traded stocks are less volatile than NorAm, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
NorAm Drilling Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NorAm Drilling's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NorAm Drilling AS, and traders can use it to determine the average amount a NorAm Drilling'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 = 0.0015
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| Negative Returns | TM9 |
Estimated Market Risk
| 5.06 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NorAm Drilling 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 NorAm Drilling by adding NorAm Drilling to a well-diversified portfolio.
NorAm Drilling Fundamentals Growth
NorAm Stock prices reflect investors' perceptions of the future prospects and financial health of NorAm Drilling, and NorAm Drilling 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 NorAm Stock performance.
| Return On Equity | 11.03 | |||
| Return On Asset | 3.0 | |||
| Profit Margin | 19.03 % | |||
| Operating Margin | 19.53 % | |||
| Current Valuation | 5.37 B | |||
| Shares Outstanding | 88.28 M | |||
| Price To Earning | 9.37 X | |||
| Price To Book | 0.99 X | |||
| Price To Sales | 1.77 X | |||
| Revenue | 2.02 B | |||
| EBITDA | 609.06 M | |||
| Cash And Equivalents | 1.29 B | |||
| Cash Per Share | 14.66 X | |||
| Total Debt | 3.1 B | |||
| Debt To Equity | 85.30 % | |||
| Book Value Per Share | 41.02 X | |||
| Cash Flow From Operations | 469.32 M | |||
| Earnings Per Share | 4.34 X | |||
About NorAm Drilling Performance
By analyzing NorAm Drilling's fundamental ratios, stakeholders can gain valuable insights into NorAm Drilling's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NorAm Drilling 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 NorAm Drilling has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Tribune Media Company, through its subsidiaries, operates as a diversified media and entertainment company in the United States. Tribune Media Company was founded in 1847 and is based in Chicago, Illinois. Tribune Media operates under Broadcasting - TV classification in Germany and is traded on Frankfurt Stock Exchange. It employs 5800 people.Things to note about NorAm Drilling AS performance evaluation
Checking the ongoing alerts about NorAm Drilling for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NorAm Drilling AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NorAm Drilling AS had very high historical volatility over the last 90 days | |
| NorAm Drilling AS has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 100.0% of the company shares are owned by institutional investors |
- Analyzing NorAm Drilling'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 NorAm Drilling's stock is overvalued or undervalued compared to its peers.
- Examining NorAm Drilling'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 NorAm Drilling's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NorAm Drilling's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NorAm Drilling's stock. These opinions can provide insight into NorAm Drilling's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NorAm Stock analysis
When running NorAm Drilling's price analysis, check to measure NorAm Drilling'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 NorAm Drilling is operating at the current time. Most of NorAm Drilling's value examination focuses on studying past and present price action to predict the probability of NorAm Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NorAm Drilling's price. Additionally, you may evaluate how the addition of NorAm Drilling to your portfolios can decrease your overall portfolio volatility.
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