Eidesvik Offshore (Germany) Performance
| E1V Stock | EUR 1.11 0.02 1.77% |
The firm shows a Beta (market volatility) of -0.24, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eidesvik Offshore are expected to decrease at a much lower rate. During the bear market, Eidesvik Offshore is likely to outperform the market. At this point, Eidesvik Offshore ASA has a negative expected return of -0.0364%. Please make sure to confirm Eidesvik Offshore's jensen alpha, skewness, and the relationship between the variance and treynor ratio , to decide if Eidesvik Offshore ASA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Eidesvik Offshore ASA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Eidesvik Offshore is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 429.2 M | |
| Total Cashflows From Investing Activities | 228.5 M |
Eidesvik |
Eidesvik Offshore Relative Risk vs. Return Landscape
If you would invest 115.00 in Eidesvik Offshore ASA on October 20, 2024 and sell it today you would lose (4.00) from holding Eidesvik Offshore ASA or give up 3.48% of portfolio value over 90 days. Eidesvik Offshore ASA is producing return of less than zero assuming 2.1543% volatility of returns over the 90 days investment horizon. Simply put, 19% of all stocks have less volatile historical return distribution than Eidesvik Offshore, and 99% 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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Eidesvik Offshore Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eidesvik Offshore's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Eidesvik Offshore ASA, and traders can use it to determine the average amount a Eidesvik Offshore'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 = -0.0169
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| Negative Returns | E1V |
Estimated Market Risk
| 2.15 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eidesvik Offshore 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 Eidesvik Offshore by adding Eidesvik Offshore to a well-diversified portfolio.
Eidesvik Offshore Fundamentals Growth
Eidesvik Stock prices reflect investors' perceptions of the future prospects and financial health of Eidesvik Offshore, and Eidesvik Offshore 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 Eidesvik Stock performance.
| Return On Equity | 0.56 | |||
| Return On Asset | 0.0166 | |||
| Profit Margin | 0.55 % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 148.46 M | |||
| Shares Outstanding | 62.15 M | |||
| Price To Book | 0.86 X | |||
| Price To Sales | 0.08 X | |||
| Revenue | 569.48 M | |||
| EBITDA | 105.13 M | |||
| Cash And Equivalents | 551.64 M | |||
| Cash Per Share | 8.88 X | |||
| Total Debt | 1.04 B | |||
| Debt To Equity | 6.00 % | |||
| Book Value Per Share | 13.91 X | |||
| Cash Flow From Operations | 151.26 M | |||
| Earnings Per Share | 0.33 X | |||
| Total Asset | 2.75 B | |||
About Eidesvik Offshore Performance
Assessing Eidesvik Offshore's fundamental ratios provides investors with valuable insights into Eidesvik Offshore's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Eidesvik Offshore is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
It operates through Seismic, SubseaOffshore Wind, Platform Supply, and Other segments. It operates 6 large supply and one smaller supply vessels a fleet of 4 vessels related to seismic and a fleet of 4 vessels related to subseawind. EIDESVIK OFFSHORE is traded on Munich Stock Exchange in Germany.Things to note about Eidesvik Offshore ASA performance evaluation
Checking the ongoing alerts about Eidesvik Offshore for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Eidesvik Offshore ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Eidesvik Offshore generated a negative expected return over the last 90 days | |
| Eidesvik Offshore may become a speculative penny stock | |
| Eidesvik Offshore has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 569.48 M. Net Loss for the year was (15.75 M) with profit before overhead, payroll, taxes, and interest of 332.3 M. | |
| About 81.0% of the company shares are held by company insiders |
- Analyzing Eidesvik Offshore'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 Eidesvik Offshore's stock is overvalued or undervalued compared to its peers.
- Examining Eidesvik Offshore'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 Eidesvik Offshore's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eidesvik Offshore's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Eidesvik Offshore's stock. These opinions can provide insight into Eidesvik Offshore's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Eidesvik Stock Analysis
When running Eidesvik Offshore's price analysis, check to measure Eidesvik Offshore'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 Eidesvik Offshore is operating at the current time. Most of Eidesvik Offshore's value examination focuses on studying past and present price action to predict the probability of Eidesvik Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eidesvik Offshore's price. Additionally, you may evaluate how the addition of Eidesvik Offshore to your portfolios can decrease your overall portfolio volatility.