Akastors DDW Offshore Wins Key Australian Contracts - TipRanks
| AKAST Stock | NOK 12.66 0.08 0.63% |
About 62% of Akastor ASA's investor base is looking to short. The analysis of current outlook of investing in Akastor ASA suggests that many traders are alarmed regarding Akastor ASA's prospects. Akastor ASA's investing sentiment overview a quick insight into current market opportunities from investing in Akastor ASA. Many technical investors use Akastor ASA stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Akastor |
Akastors DDW Offshore Wins Key Australian Contracts TipRanks
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Akastor ASA Fundamental Analysis
We analyze Akastor ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Akastor ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Akastor ASA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Akastor ASA is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Akastor ASA Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Akastor ASA stock to make a market-neutral strategy. Peer analysis of Akastor ASA could also be used in its relative valuation, which is a method of valuing Akastor ASA by comparing valuation metrics with similar companies.
Peers
Akastor ASA Related Equities
| AMSC | American Shipping | 1.47 | ||||
| ODL | Odfjell Drilling | 0.31 | ||||
| AKRBP | Aker BP | 0.31 | ||||
| EIOF | Eidesvik Offshore | 0.75 | ||||
| AKSO | Aker Solutions | 1.32 |
Other Information on Investing in Akastor Stock
Akastor ASA financial ratios help investors to determine whether Akastor 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 Akastor with respect to the benefits of owning Akastor ASA security.