Var Energi (Norway) Performance
| VAR Stock | 36.26 0.12 0.33% |
Var Energi has a performance score of 4 on a scale of 0 to 100. The entity has a beta of -0.0555, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Var Energi are expected to decrease at a much lower rate. During the bear market, Var Energi is likely to outperform the market. Var Energi ASA right now has a risk of 1.94%. Please validate Var Energi kurtosis, market facilitation index, and the relationship between the semi variance and rate of daily change , to decide if Var Energi will be following its existing price patterns.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Var Energi ASA are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite quite unfluctuating basic indicators, Var Energi may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Begin Period Cash Flow | 272.4 M | |
| Total Cashflows From Investing Activities | -2.6 B |
Var |
Var Energi Relative Risk vs. Return Landscape
If you would invest 3,392 in Var Energi ASA on September 1, 2024 and sell it today you would earn a total of 234.00 from holding Var Energi ASA or generate 6.9% return on investment over 90 days. Var Energi ASA is generating 0.1213% of daily returns assuming 1.9416% volatility of returns over the 90 days investment horizon. Simply put, 17% of all stocks have less volatile historical return distribution than Var Energi, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Var Energi Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Var Energi's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Var Energi ASA, and traders can use it to determine the average amount a Var Energi'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 = 0.0625
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Estimated Market Risk
| 1.94 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Var Energi is performing at about 4% of its full potential. 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 Var Energi by adding it to a well-diversified portfolio.
Var Energi Fundamentals Growth
Var Stock prices reflect investors' perceptions of the future prospects and financial health of Var Energi, and Var Energi 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 Var Stock performance.
| Return On Equity | 0.48 | |||
| Return On Asset | 0.22 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.68 % | |||
| Current Valuation | 104.22 B | |||
| Shares Outstanding | 2.5 B | |||
| Price To Book | 7.44 X | |||
| Price To Sales | 8.80 X | |||
| Revenue | 6.07 B | |||
| EBITDA | 8.3 B | |||
| Cash And Equivalents | 9.46 M | |||
| Total Debt | 4.71 B | |||
| Book Value Per Share | 0.46 X | |||
| Cash Flow From Operations | 4.44 B | |||
| Earnings Per Share | 3.46 X | |||
| Total Asset | 19.8 B | |||
About Var Energi Performance
By examining Var Energi's fundamental ratios, stakeholders can obtain critical insights into Var Energi'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 Var Energi 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.
Things to note about Var Energi ASA performance evaluation
Checking the ongoing alerts about Var Energi for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Var Energi ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 85.0% of the company outstanding shares are owned by insiders |
- Analyzing Var Energi'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 Var Energi's stock is overvalued or undervalued compared to its peers.
- Examining Var Energi'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 Var Energi's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Var Energi's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Var Energi's stock. These opinions can provide insight into Var Energi's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Var Stock
Var Energi financial ratios help investors to determine whether Var 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 Var with respect to the benefits of owning Var Energi security.