NORSK HYDRO A Performance
| 656531AD2 | 103.44 1.19 1.16% |
The bond secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and NORSK are completely uncorrelated.
Risk-Adjusted Performance
0 of 100
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Weak
Over the last 90 days NORSK HYDRO A has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, NORSK is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Yield To Maturity | 5.139 |
NORSK |
NORSK Relative Risk vs. Return Landscape
If you would invest 10,312 in NORSK HYDRO A on August 29, 2024 and sell it today you would lose (7.00) from holding NORSK HYDRO A or give up 0.07% of portfolio value over 90 days. NORSK HYDRO A is generating negative expected returns and assumes 0.332% volatility on return distribution over the 90 days horizon. Simply put, 2% of bonds are less volatile than NORSK, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NORSK Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NORSK's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as NORSK HYDRO A, and traders can use it to determine the average amount a 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 = -0.0026
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 656531AD2 |
Estimated Market Risk
| 0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 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 NORSK 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 NORSK by adding NORSK to a well-diversified portfolio.
About NORSK Performance
By analyzing NORSK's fundamental ratios, stakeholders can gain valuable insights into NORSK's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NORSK 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 NORSK has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| NORSK HYDRO A generated a negative expected return over the last 90 days |
Other Information on Investing in NORSK Bond
NORSK financial ratios help investors to determine whether NORSK Bond 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 NORSK with respect to the benefits of owning NORSK security.