Nordic Halibut (Norway) Performance
| NOHAL Stock | NOK 23.00 0.60 2.54% |
The company secures a Beta (Market Risk) of 0.28, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nordic Halibut's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nordic Halibut is expected to be smaller as well. At this point, Nordic Halibut AS has a negative expected return of -0.28%. Please make sure to verify Nordic Halibut's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Nordic Halibut 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 Nordic Halibut AS has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of conflicting performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
| Begin Period Cash Flow | 53.1 M | |
| Total Cashflows From Investing Activities | -31.4 M |
Nordic |
Nordic Halibut Relative Risk vs. Return Landscape
If you would invest 2,800 in Nordic Halibut AS on August 29, 2024 and sell it today you would lose (500.00) from holding Nordic Halibut AS or give up 17.86% of portfolio value over 90 days. Nordic Halibut AS is generating negative expected returns and assumes 2.3862% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than Nordic, and 99% 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 Halibut Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nordic Halibut's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nordic Halibut AS, and traders can use it to determine the average amount a Nordic Halibut'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 = -0.1168
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| Negative Returns | NOHAL |
Estimated Market Risk
| 2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nordic Halibut 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 Nordic Halibut by adding Nordic Halibut to a well-diversified portfolio.
Nordic Halibut Fundamentals Growth
Nordic Stock prices reflect investors' perceptions of the future prospects and financial health of Nordic Halibut, and Nordic Halibut 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 | -0.13 | |||
| Return On Asset | -0.0518 | |||
| Profit Margin | (0.55) % | |||
| Operating Margin | (0.49) % | |||
| Current Valuation | 696.58 M | |||
| Shares Outstanding | 29.17 M | |||
| Price To Book | 1.76 X | |||
| Price To Sales | 8.65 X | |||
| Revenue | 71.29 M | |||
| EBITDA | (30.09 M) | |||
| Cash And Equivalents | 157.34 M | |||
| Cash Per Share | 5.36 X | |||
| Total Debt | 33.33 M | |||
| Debt To Equity | 0.49 % | |||
| Book Value Per Share | 13.03 X | |||
| Cash Flow From Operations | (51.86 M) | |||
| Earnings Per Share | (1.82) X | |||
| Total Asset | 509.37 M | |||
About Nordic Halibut Performance
By examining Nordic Halibut's fundamental ratios, stakeholders can obtain critical insights into Nordic Halibut'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 Halibut 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 Halibut AS produces and sells farmed Atlantic halibut products in Norway and internationally. The company was incorporated in 1995 and is headquartered in Avery, Norway. NORDIC HALIBUT is traded on Oslo Stock Exchange in Norway.Things to note about Nordic Halibut AS performance evaluation
Checking the ongoing alerts about Nordic Halibut for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nordic Halibut AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nordic Halibut AS generated a negative expected return over the last 90 days | |
| The company reported the revenue of 71.29 M. Net Loss for the year was (52.17 M) with profit before overhead, payroll, taxes, and interest of 22.53 M. | |
| Nordic Halibut AS has accumulated about 157.34 M in cash with (51.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.36. | |
| Roughly 81.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Nordic Halibut'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 Halibut's stock is overvalued or undervalued compared to its peers.
- Examining Nordic Halibut'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 Halibut's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nordic Halibut's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nordic Halibut's stock. These opinions can provide insight into Nordic Halibut's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nordic Stock
Nordic Halibut 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 Halibut security.