Norcod As (Norway) Performance
| NCOD Stock | NOK 13.35 0.45 3.26% |
The company secures a Beta (Market Risk) of -1.13, which conveys a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Norcod As are expected to decrease slowly. On the other hand, during market turmoil, Norcod As is expected to outperform it slightly. At this point, Norcod As has a negative expected return of -0.18%. Please make sure to verify Norcod As' skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Norcod As 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 Norcod As has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest unfluctuating performance, the Stock's essential indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the company institutional investors. ...more
| Begin Period Cash Flow | 199.4 M | |
| Total Cashflows From Investing Activities | -83.9 M |
Norcod |
Norcod As Relative Risk vs. Return Landscape
If you would invest 1,540 in Norcod As on October 16, 2025 and sell it today you would lose (205.00) from holding Norcod As or give up 13.31% of portfolio value over 90 days. Norcod As is generating negative expected returns and assumes 3.6086% volatility on return distribution over the 90 days horizon. Simply put, 32% of stocks are less volatile than Norcod, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Norcod As Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Norcod As' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Norcod As, and traders can use it to determine the average amount a Norcod As' 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 = -0.0492
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NCOD |
Estimated Market Risk
| 3.61 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.18 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 Norcod As 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 Norcod As by adding Norcod As to a well-diversified portfolio.
Norcod As Fundamentals Growth
Norcod Stock prices reflect investors' perceptions of the future prospects and financial health of Norcod As, and Norcod As 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 Norcod Stock performance.
| Return On Equity | -0.38 | |||
| Return On Asset | -0.13 | |||
| Profit Margin | (0.99) % | |||
| Operating Margin | (0.88) % | |||
| Current Valuation | 1.3 B | |||
| Shares Outstanding | 19.22 M | |||
| Price To Book | 3.05 X | |||
| Price To Sales | 7.96 X | |||
| Revenue | 72.63 M | |||
| EBITDA | (56.45 M) | |||
| Cash And Equivalents | 29.42 M | |||
| Total Debt | 148.15 M | |||
| Debt To Equity | 0.41 % | |||
| Cash Flow From Operations | (85.2 M) | |||
| Total Asset | 588.33 M | |||
About Norcod As Performance
By examining Norcod As' fundamental ratios, stakeholders can obtain critical insights into Norcod As' 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 Norcod As 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.
The company was incorporated in 2018 and is headquartered in Trondheim, Norway. NORCOD AS is traded on Oslo Stock Exchange in Norway.Things to note about Norcod As performance evaluation
Checking the ongoing alerts about Norcod As for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Norcod As help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Norcod As generated a negative expected return over the last 90 days | |
| Norcod As has high historical volatility and very poor performance | |
| The company reported the revenue of 72.63 M. Net Loss for the year was (75.16 M) with loss before overhead, payroll, taxes, and interest of (1.73 M). | |
| Norcod As has accumulated about 29.42 M in cash with (85.2 M) of positive cash flow from operations. | |
| Roughly 45.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Norcod As' 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 Norcod As' stock is overvalued or undervalued compared to its peers.
- Examining Norcod As' 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 Norcod As' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Norcod As' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Norcod As' stock. These opinions can provide insight into Norcod As' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Norcod Stock
Norcod As financial ratios help investors to determine whether Norcod 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 Norcod with respect to the benefits of owning Norcod As security.