3 Stocks From the Thriving Communication Industry to Bet On - Markets Insider
| TEL Stock | NOK 129.80 2.00 1.52% |
About 61% of Telenor ASA's investor base is looking to short. The analysis of current outlook of investing in Telenor ASA suggests that many traders are alarmed regarding Telenor ASA's prospects. Telenor ASA's investing sentiment shows overall attitude of investors towards Telenor ASA.
Telenor ASA stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Telenor daily returns and investor perception about the current price of Telenor ASA as well as its diversification or hedging effects on your existing portfolios.
Telenor |
3 Stocks From the Thriving Communication Industry to Bet On Markets Insider
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Telenor ASA Fundamental Analysis
We analyze Telenor ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Telenor ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Telenor 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.
Current Ratio
Current Ratio Comparative Analysis
Telenor ASA is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Telenor 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 Telenor ASA stock to make a market-neutral strategy. Peer analysis of Telenor ASA could also be used in its relative valuation, which is a method of valuing Telenor ASA by comparing valuation metrics with similar companies.
Peers
Telenor ASA Related Equities
| DNB | DnB ASA | 0.82 |
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| GJF | Gjensidige Forsikring | 0.86 |
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| YAR | Yara International | 1.36 |
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| STB | Storebrand ASA | 1.53 |
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| ORK | Orkla ASA | 1.57 |
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Other Information on Investing in Telenor Stock
Telenor ASA financial ratios help investors to determine whether Telenor 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 Telenor with respect to the benefits of owning Telenor ASA security.