Kitron ASA (Norway) Performance

KIT Stock  NOK 85.70  0.70  0.81%   
On a scale of 0 to 100, Kitron ASA holds a performance score of 16. The company secures a Beta (Market Risk) of 0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kitron ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kitron ASA is expected to be smaller as well. Please check Kitron ASA's maximum drawdown, skewness, day typical price, as well as the relationship between the downside variance and daily balance of power , to make a quick decision on whether Kitron ASA's current price movements will revert.

Risk-Adjusted Performance

Solid

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Kitron ASA are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting basic indicators, Kitron ASA disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
Begin Period Cash Flow-81 M
Total Cashflows From Investing Activities-46 M
  

Kitron ASA Relative Risk vs. Return Landscape

If you would invest  6,770  in Kitron ASA on November 13, 2025 and sell it today you would earn a total of  1,800  from holding Kitron ASA or generate 26.59% return on investment over 90 days. Kitron ASA is generating 0.4206% of daily returns assuming 2.0285% volatility of returns over the 90 days investment horizon. Simply put, 18% of all stocks have less volatile historical return distribution than Kitron ASA, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon Kitron ASA is expected to generate 2.61 times more return on investment than the market. However, the company is 2.61 times more volatile than its market benchmark. It trades about 0.21 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.12 per unit of risk.

Kitron ASA Target Price Odds to finish over Current Price

The tendency of Kitron Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 85.70 90 days 85.70 
about 5.02
Based on a normal probability distribution, the odds of Kitron ASA to move above the current price in 90 days from now is about 5.02 (This Kitron ASA probability density function shows the probability of Kitron Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Kitron ASA has a beta of 0.15. This indicates as returns on the market go up, Kitron ASA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kitron ASA will be expected to be much smaller as well. Additionally Kitron ASA has an alpha of 0.2194, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Kitron ASA Price Density   
       Price  

Predictive Modules for Kitron ASA

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kitron ASA. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
84.3886.4088.42
Details
Intrinsic
Valuation
LowRealHigh
61.9263.9495.04
Details

Kitron ASA Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Kitron ASA is not an exception. The market had few large corrections towards the Kitron ASA's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Kitron ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kitron ASA within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.22
β
Beta against Dow Jones0.15
σ
Overall volatility
8.20
Ir
Information ratio 0.07

Kitron ASA Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Kitron ASA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kitron ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Kitron ASA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
About 15.0% of the company outstanding shares are owned by corporate insiders

Kitron ASA Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Kitron Stock often depends not only on the future outlook of the current and potential Kitron ASA's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Kitron ASA's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding181.4 M
Cash And Short Term Investments428 M

Kitron ASA Fundamentals Growth

Kitron Stock prices reflect investors' perceptions of the future prospects and financial health of Kitron ASA, and Kitron ASA 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 Kitron Stock performance.

About Kitron ASA Performance

By examining Kitron ASA's fundamental ratios, stakeholders can obtain critical insights into Kitron ASA'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 Kitron ASA 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.
Kitron ASA, an electronic manufacturing services company, together with its subsidiaries, develops, industrializes, and manufactures electronics for the energytelecoms, defenseaerospace, offshoremarine, medical device, and industry sectors. The company provides its products and services in Norway, Sweden, Lithuania, Germany, China, and the United States. KITRON ASA operates under Electronic Components classification in Norway and is traded on Oslo Stock Exchange. It employs 1682 people.

Things to note about Kitron ASA performance evaluation

Checking the ongoing alerts about Kitron ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Kitron ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Kitron ASA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
About 15.0% of the company outstanding shares are owned by corporate insiders
Evaluating Kitron ASA's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Kitron ASA's stock performance include:
  • Analyzing Kitron ASA'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 Kitron ASA's stock is overvalued or undervalued compared to its peers.
  • Examining Kitron ASA'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 Kitron ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kitron ASA's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Kitron ASA's stock. These opinions can provide insight into Kitron ASA's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Kitron ASA's stock performance is not an exact science, and many factors can impact Kitron ASA's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Kitron Stock

Kitron ASA financial ratios help investors to determine whether Kitron 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 Kitron with respect to the benefits of owning Kitron ASA security.