Tomra Systems Asa Stock Performance
| TMRAY Stock | USD 14.21 0.17 1.18% |
The entity has a beta of 0.0464, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tomra Systems' returns are expected to increase less than the market. However, during the bear market, the loss of holding Tomra Systems is expected to be smaller as well. At this point, Tomra Systems ASA has a negative expected return of -0.0159%. Please make sure to validate Tomra Systems' jensen alpha, kurtosis, as well as the relationship between the Kurtosis and period momentum indicator , to decide if Tomra Systems 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 Tomra Systems ASA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, Tomra Systems is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 532.1 M | |
| Total Cashflows From Investing Activities | -448.7 M |
Tomra |
Tomra Systems Relative Risk vs. Return Landscape
If you would invest 1,468 in Tomra Systems ASA on September 1, 2024 and sell it today you would lose (47.00) from holding Tomra Systems ASA or give up 3.2% of portfolio value over 90 days. Tomra Systems ASA is currently producing negative expected returns and takes up 2.6948% volatility of returns over 90 trading days. Put another way, 23% of traded pink sheets are less volatile than Tomra, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Tomra Systems Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tomra Systems' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Tomra Systems ASA, and traders can use it to determine the average amount a Tomra Systems' 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 = -0.0059
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| Negative Returns | TMRAY |
Estimated Market Risk
| 2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.02 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 Tomra Systems 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 Tomra Systems by adding Tomra Systems to a well-diversified portfolio.
Tomra Systems Fundamentals Growth
Tomra Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Tomra Systems, and Tomra Systems 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 Tomra Pink Sheet performance.
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0731 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.13 % | |||
| Current Valuation | 6.1 B | |||
| Shares Outstanding | 295.24 M | |||
| Price To Earning | 25.39 X | |||
| Price To Book | 9.44 X | |||
| Price To Sales | 0.46 X | |||
| Revenue | 10.91 B | |||
| EBITDA | 2.39 B | |||
| Cash And Equivalents | 659.9 M | |||
| Cash Per Share | 2.23 X | |||
| Total Debt | 603.7 M | |||
| Debt To Equity | 0.49 % | |||
| Book Value Per Share | 21.42 X | |||
| Cash Flow From Operations | 1.81 B | |||
| Earnings Per Share | 0.34 X | |||
| Total Asset | 11.59 B | |||
| Retained Earnings | 2.53 B | |||
| Current Asset | 3.38 B | |||
About Tomra Systems Performance
Evaluating Tomra Systems' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tomra Systems 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 Tomra Systems has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. The company was founded in 1972 and is headquartered in Asker, Norway. TOMRA SYSTEMS operates under Waste Management classification in the United States and is traded on OTC Exchange. It employs 4600 people.Things to note about Tomra Systems ASA performance evaluation
Checking the ongoing alerts about Tomra Systems for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Tomra Systems ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tomra Systems ASA generated a negative expected return over the last 90 days |
- Analyzing Tomra Systems' 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 Tomra Systems' stock is overvalued or undervalued compared to its peers.
- Examining Tomra Systems' 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 Tomra Systems' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tomra Systems' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tomra Systems' pink sheet. These opinions can provide insight into Tomra Systems' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Tomra Pink Sheet Analysis
When running Tomra Systems' price analysis, check to measure Tomra Systems' 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 Tomra Systems is operating at the current time. Most of Tomra Systems' value examination focuses on studying past and present price action to predict the probability of Tomra Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tomra Systems' price. Additionally, you may evaluate how the addition of Tomra Systems to your portfolios can decrease your overall portfolio volatility.