Norsk Hydro (Norway) Performance
| NHY Stock | NOK 72.52 1.04 1.45% |
On a scale of 0 to 100, Norsk Hydro holds a performance score of 12. The company secures a Beta (Market Risk) of 0.47, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Norsk Hydro's returns are expected to increase less than the market. However, during the bear market, the loss of holding Norsk Hydro is expected to be smaller as well. Please check Norsk Hydro's skewness, day typical price, and the relationship between the downside variance and daily balance of power , to make a quick decision on whether Norsk Hydro's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Norsk Hydro ASA are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting basic indicators, Norsk Hydro disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 17.6 B | |
| Total Cashflows From Investing Activities | -4.7 B |
Norsk |
Norsk Hydro Relative Risk vs. Return Landscape
If you would invest 5,876 in Norsk Hydro ASA on August 28, 2024 and sell it today you would earn a total of 1,376 from holding Norsk Hydro ASA or generate 23.42% return on investment over 90 days. Norsk Hydro ASA is generating 0.3532% of daily returns assuming 2.2115% volatility of returns over the 90 days investment horizon. Simply put, 19% of all stocks have less volatile historical return distribution than Norsk Hydro, and 93% 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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Norsk Hydro Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Norsk Hydro's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Norsk Hydro ASA, and traders can use it to determine the average amount a Norsk Hydro'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 = 0.1597
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Estimated Market Risk
| 2.21 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Norsk Hydro is performing at about 12% of its full potential. 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 Norsk Hydro by adding it to a well-diversified portfolio.
Norsk Hydro Fundamentals Growth
Norsk Stock prices reflect investors' perceptions of the future prospects and financial health of Norsk Hydro, and Norsk Hydro 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 Norsk Stock performance.
| Return On Equity | 0.34 | |||
| Return On Asset | 0.19 | |||
| Profit Margin | 0.15 % | |||
| Operating Margin | 0.27 % | |||
| Current Valuation | 139.55 B | |||
| Shares Outstanding | 2.04 B | |||
| Price To Earning | 28.69 X | |||
| Price To Book | 1.45 X | |||
| Price To Sales | 0.67 X | |||
| Revenue | 149.65 B | |||
| EBITDA | 26.02 B | |||
| Cash And Equivalents | 22.92 B | |||
| Cash Per Share | 5.71 X | |||
| Total Debt | 21.99 B | |||
| Debt To Equity | 31.30 % | |||
| Book Value Per Share | 52.21 X | |||
| Cash Flow From Operations | 10.68 B | |||
| Earnings Per Share | 15.03 X | |||
| Total Asset | 174.51 B | |||
About Norsk Hydro Performance
By examining Norsk Hydro's fundamental ratios, stakeholders can obtain critical insights into Norsk Hydro'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 Norsk Hydro 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.
Norsk Hydro ASA operates as an integrated aluminum company worldwide. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway. NORSK HYDRO operates under Aluminum classification in Norway and is traded on Oslo Stock Exchange. It employs 35000 people.Things to note about Norsk Hydro ASA performance evaluation
Checking the ongoing alerts about Norsk Hydro for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Norsk Hydro ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 34.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Norsk Hydro'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 Norsk Hydro's stock is overvalued or undervalued compared to its peers.
- Examining Norsk Hydro'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 Norsk Hydro's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Norsk Hydro's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Norsk Hydro's stock. These opinions can provide insight into Norsk Hydro's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Norsk Stock
Norsk Hydro financial ratios help investors to determine whether Norsk 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 Norsk with respect to the benefits of owning Norsk Hydro security.