Nordic Aqua (Norway) Performance
| NOAP Stock | NOK 89.00 1.50 1.71% |
On a scale of 0 to 100, Nordic Aqua holds a performance score of 11. 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, Nordic Aqua's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nordic Aqua is expected to be smaller as well. Please check Nordic Aqua's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Nordic Aqua'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 Nordic Aqua Partners are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting essential indicators, Nordic Aqua disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 399.6 M | |
| Total Cashflows From Investing Activities | -108 M | |
| Free Cash Flow | -129.9 M |
Nordic |
Nordic Aqua Relative Risk vs. Return Landscape
If you would invest 7,300 in Nordic Aqua Partners on November 27, 2024 and sell it today you would earn a total of 1,600 from holding Nordic Aqua Partners or generate 21.92% return on investment over 90 days. Nordic Aqua Partners is generating 0.3642% of daily returns and assumes 2.4132% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than Nordic, 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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Nordic Aqua Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nordic Aqua's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nordic Aqua Partners, and traders can use it to determine the average amount a Nordic Aqua'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 = 0.1509
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Estimated Market Risk
| 2.41 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Nordic Aqua is performing at about 11% 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 Nordic Aqua by adding it to a well-diversified portfolio.
Nordic Aqua Fundamentals Growth
Nordic Stock prices reflect investors' perceptions of the future prospects and financial health of Nordic Aqua, and Nordic Aqua 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 Nordic Stock performance.
| Return On Equity | -0.11 | |||
| Return On Asset | -0.0451 | |||
| Current Valuation | 396.69 M | |||
| Shares Outstanding | 10.28 M | |||
| Price To Book | 1.13 X | |||
| Price To Sales | 547.91 X | |||
| Revenue | 620 K | |||
| EBITDA | (22.59 M) | |||
| Cash And Equivalents | 277.35 M | |||
| Cash Per Share | 36.41 X | |||
| Book Value Per Share | 34.89 X | |||
| Cash Flow From Operations | (21.93 M) | |||
| Earnings Per Share | 7.09 X | |||
| Total Asset | 405.96 M | |||
About Nordic Aqua Performance
By examining Nordic Aqua's fundamental ratios, stakeholders can obtain critical insights into Nordic Aqua'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 Nordic Aqua 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.
Nordic Aqua Partners AS, a holding company, provides aquaculture services in the Peoples Republic of China. The company was incorporated in 2016 and is based in Ribe, Denmark. NORDIC AQUA is traded on Oslo Stock Exchange in Norway.Things to note about Nordic Aqua Partners performance evaluation
Checking the ongoing alerts about Nordic Aqua for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nordic Aqua Partners help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the revenue of 620 K. Net Loss for the year was (27.5 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nordic Aqua Partners has accumulated about 277.35 M in cash with (21.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 36.41. |
- Analyzing Nordic Aqua'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 Nordic Aqua's stock is overvalued or undervalued compared to its peers.
- Examining Nordic Aqua'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 Nordic Aqua's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nordic Aqua's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nordic Aqua's stock. These opinions can provide insight into Nordic Aqua's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nordic Stock
Nordic Aqua financial ratios help investors to determine whether Nordic 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 Nordic with respect to the benefits of owning Nordic Aqua security.