Edda Wind (Norway) Performance
| EWIND Stock | 18.30 0.10 0.54% |
The firm shows a Beta (market volatility) of -0.019, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Edda Wind are expected to decrease at a much lower rate. During the bear market, Edda Wind is likely to outperform the market. At this point, Edda Wind ASA has a negative expected return of -0.0857%. Please make sure to confirm Edda Wind's jensen alpha, accumulation distribution, relative strength index, as well as the relationship between the value at risk and day typical price , to decide if Edda Wind 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 Edda Wind ASA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Edda Wind is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 6.7 M | |
| Total Cashflows From Investing Activities | -67.5 M | |
| Free Cash Flow | -86.7 M |
Edda |
Edda Wind Relative Risk vs. Return Landscape
If you would invest 1,945 in Edda Wind ASA on November 2, 2024 and sell it today you would lose (115.00) from holding Edda Wind ASA or give up 5.91% of portfolio value over 90 days. Edda Wind ASA is generating negative expected returns and assumes 1.901% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Edda, 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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Edda Wind Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Edda Wind's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Edda Wind ASA, and traders can use it to determine the average amount a Edda Wind'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 = -0.0451
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| Negative Returns | EWIND |
Estimated Market Risk
| 1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Edda Wind 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 Edda Wind by adding Edda Wind to a well-diversified portfolio.
Edda Wind Fundamentals Growth
Edda Stock prices reflect investors' perceptions of the future prospects and financial health of Edda Wind, and Edda Wind 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 Edda Stock performance.
| Return On Equity | 0.0162 | |||
| Return On Asset | 0.0054 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 2.49 B | |||
| Shares Outstanding | 64.31 M | |||
| Price To Book | 0.83 X | |||
| Price To Sales | 58.07 X | |||
| Revenue | 23.93 M | |||
| EBITDA | 6.71 M | |||
| Cash And Equivalents | 89.52 M | |||
| Total Debt | 110.55 M | |||
| Book Value Per Share | 2.85 X | |||
| Cash Flow From Operations | 6.76 M | |||
| Earnings Per Share | 0.35 X | |||
| Total Asset | 305.6 M | |||
About Edda Wind Performance
By examining Edda Wind's fundamental ratios, stakeholders can obtain critical insights into Edda Wind'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 Edda Wind 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 Edda Wind ASA performance evaluation
Checking the ongoing alerts about Edda Wind for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Edda Wind ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Edda Wind ASA generated a negative expected return over the last 90 days | |
| About 70.0% of the company shares are held by company insiders |
- Analyzing Edda Wind'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 Edda Wind's stock is overvalued or undervalued compared to its peers.
- Examining Edda Wind'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 Edda Wind's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Edda Wind's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Edda Wind's stock. These opinions can provide insight into Edda Wind's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Edda Stock
Edda Wind financial ratios help investors to determine whether Edda 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 Edda with respect to the benefits of owning Edda Wind security.