NORDIC HALIBUT (Germany) Performance
| 9K1 Stock | EUR 1.80 0.07 4.05% |
The company secures a Beta (Market Risk) of -0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NORDIC HALIBUT are expected to decrease at a much lower rate. During the bear market, NORDIC HALIBUT is likely to outperform the market. At this point, NORDIC HALIBUT AS has a negative expected return of -0.34%. Please make sure to verify NORDIC HALIBUT's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if NORDIC HALIBUT AS performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days NORDIC HALIBUT AS has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
NORDIC |
NORDIC HALIBUT Relative Risk vs. Return Landscape
If you would invest 228.00 in NORDIC HALIBUT AS on September 1, 2024 and sell it today you would lose (48.00) from holding NORDIC HALIBUT AS or give up 21.05% of portfolio value over 90 days. NORDIC HALIBUT AS is currently producing negative expected returns and takes up 2.0019% volatility of returns over 90 trading days. Put another way, 17% of traded stocks are less volatile than NORDIC, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
NORDIC HALIBUT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NORDIC HALIBUT's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NORDIC HALIBUT AS, and traders can use it to determine the average amount a NORDIC HALIBUT'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 = -0.1715
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| Negative Returns | 9K1 |
Estimated Market Risk
| 2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NORDIC HALIBUT 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 NORDIC HALIBUT by adding NORDIC HALIBUT to a well-diversified portfolio.
About NORDIC HALIBUT Performance
By analyzing NORDIC HALIBUT's fundamental ratios, stakeholders can gain valuable insights into NORDIC HALIBUT's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NORDIC HALIBUT 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 NORDIC HALIBUT has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about NORDIC HALIBUT AS performance evaluation
Checking the ongoing alerts about NORDIC HALIBUT for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NORDIC HALIBUT AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NORDIC HALIBUT AS generated a negative expected return over the last 90 days | |
| NORDIC HALIBUT AS may become a speculative penny stock |
- Analyzing NORDIC HALIBUT'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 NORDIC HALIBUT's stock is overvalued or undervalued compared to its peers.
- Examining NORDIC HALIBUT'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 NORDIC HALIBUT's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NORDIC HALIBUT's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NORDIC HALIBUT's stock. These opinions can provide insight into NORDIC HALIBUT's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NORDIC Stock analysis
When running NORDIC HALIBUT's price analysis, check to measure NORDIC HALIBUT's 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 NORDIC HALIBUT is operating at the current time. Most of NORDIC HALIBUT's value examination focuses on studying past and present price action to predict the probability of NORDIC HALIBUT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NORDIC HALIBUT's price. Additionally, you may evaluate how the addition of NORDIC HALIBUT to your portfolios can decrease your overall portfolio volatility.
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