Norcod As (Norway) Performance
| NCOD Stock | NOK 12.55 0.55 4.58% |
The company secures a Beta (Market Risk) of 0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Norcod As' returns are expected to increase less than the market. However, during the bear market, the loss of holding Norcod As is expected to be smaller as well. At this point, Norcod As has a negative expected return of -0.15%. 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
Weakest
Weak | Strong |
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 1,425 in Norcod As on November 8, 2025 and sell it today you would lose (170.00) from holding Norcod As or give up 11.93% of portfolio value over 90 days. Norcod As is generating negative expected returns and assumes 3.5716% 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 Target Price Odds to finish over Current Price
The tendency of Norcod 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 Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 12.55 | 90 days | 12.55 | about 85.85 |
Based on a normal probability distribution, the odds of Norcod As to move above the current price in 90 days from now is about 85.85 (This Norcod As probability density function shows the probability of Norcod Stock to fall within a particular range of prices over 90 days) .
Norcod As Price Density |
| Price |
Predictive Modules for Norcod As
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Norcod As. 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.Norcod As Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Norcod As is not an exception. The market had few large corrections towards the Norcod As' 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 Norcod As, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Norcod As within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 0.68 | |
Ir | Information ratio | -0.06 |
Norcod As 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 Norcod As for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Norcod As can help investors quickly react to important events or material 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 |
Norcod As 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 Norcod Stock often depends not only on the future outlook of the current and potential Norcod As' 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. Norcod As' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17 M | |
| Cash And Short Term Investments | 29.4 M |
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.