Northern Ocean (Norway) Performance
| NOL Stock | NOK 9.22 0.08 0.86% |
Northern Ocean has a performance score of 10 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.95, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Northern Ocean are expected to decrease slowly. On the other hand, during market turmoil, Northern Ocean is expected to outperform it slightly. Northern Ocean right now secures a risk of 1.41%. Please verify Northern Ocean maximum drawdown, skewness, day typical price, as well as the relationship between the downside variance and daily balance of power , to decide if Northern Ocean will be following its current price movements.
Risk-Adjusted Performance
Fair
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Northern Ocean are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting essential indicators, Northern Ocean may actually be approaching a critical reversion point that can send shares even higher in March 2026. ...more
| Begin Period Cash Flow | 37.6 M | |
| Total Cashflows From Investing Activities | -206 K |
Northern |
Northern Ocean Relative Risk vs. Return Landscape
If you would invest 826.00 in Northern Ocean on November 16, 2025 and sell it today you would earn a total of 96.00 from holding Northern Ocean or generate 11.62% return on investment over 90 days. Northern Ocean is generating 0.1932% of daily returns assuming 1.4092% volatility of returns over the 90 days investment horizon. Simply put, 12% of all stocks have less volatile historical return distribution than Northern Ocean, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Northern Ocean Target Price Odds to finish over Current Price
The tendency of Northern 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 |
| 9.22 | 90 days | 9.22 | about 17.03 |
Based on a normal probability distribution, the odds of Northern Ocean to move above the current price in 90 days from now is about 17.03 (This Northern Ocean probability density function shows the probability of Northern Stock to fall within a particular range of prices over 90 days) .
Northern Ocean Price Density |
| Price |
Predictive Modules for Northern Ocean
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Northern Ocean. 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.Northern Ocean Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Northern Ocean is not an exception. The market had few large corrections towards the Northern Ocean's 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 Northern Ocean, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Northern Ocean within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.80 | |
β | Beta against Dow Jones | -0.95 | |
σ | Overall volatility | 0.85 | |
Ir | Information ratio | 0.14 |
Northern Ocean 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 Northern Ocean for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Northern Ocean can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Northern Ocean has accumulated 459.53 M in total debt with debt to equity ratio (D/E) of 1.0, which is about average as compared to similar companies. Northern Ocean has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Northern Ocean until it has trouble settling it off, either with new capital or with free cash flow. So, Northern Ocean's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Northern Ocean sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northern to invest in growth at high rates of return. When we think about Northern Ocean's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 67.78 M. Net Loss for the year was (11.03 M) with profit before overhead, payroll, taxes, and interest of 6.12 M. | |
| Northern Ocean has accumulated about 5.46 M in cash with (21.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28. | |
| Roughly 44.0% of Northern Ocean outstanding shares are owned by corporate insiders |
Northern Ocean 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 Northern Stock often depends not only on the future outlook of the current and potential Northern Ocean's 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. Northern Ocean's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 77.1 M | |
| Cash And Short Term Investments | 5.5 M |
Northern Ocean Fundamentals Growth
Northern Stock prices reflect investors' perceptions of the future prospects and financial health of Northern Ocean, and Northern Ocean 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 Northern Stock performance.
| Return On Equity | -0.0411 | |||
| Return On Asset | -0.0297 | |||
| Profit Margin | (0.66) % | |||
| Operating Margin | (1.68) % | |||
| Current Valuation | 6.03 B | |||
| Shares Outstanding | 181.62 M | |||
| Price To Book | 0.36 X | |||
| Price To Sales | 46.96 X | |||
| Revenue | 67.78 M | |||
| EBITDA | (9.37 M) | |||
| Cash And Equivalents | 5.46 M | |||
| Cash Per Share | 0.28 X | |||
| Total Debt | 459.53 M | |||
| Debt To Equity | 0.99 % | |||
| Book Value Per Share | 3.61 X | |||
| Cash Flow From Operations | (21.81 M) | |||
| Earnings Per Share | (1.90) X | |||
| Total Asset | 977.55 M | |||
About Northern Ocean Performance
By examining Northern Ocean's fundamental ratios, stakeholders can obtain critical insights into Northern Ocean'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 Northern Ocean 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.
Northern Ocean Ltd., together with its subsidiaries, provides offshore contract drilling services for the oil and gas industry worldwide. The company was incorporated in 2017 and is based in Hamilton, Bermuda. NORTHERN OCEAN is traded on Oslo Stock Exchange in Norway.Things to note about Northern Ocean performance evaluation
Checking the ongoing alerts about Northern Ocean for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Northern Ocean help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Northern Ocean has accumulated 459.53 M in total debt with debt to equity ratio (D/E) of 1.0, which is about average as compared to similar companies. Northern Ocean has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Northern Ocean until it has trouble settling it off, either with new capital or with free cash flow. So, Northern Ocean's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Northern Ocean sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northern to invest in growth at high rates of return. When we think about Northern Ocean's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 67.78 M. Net Loss for the year was (11.03 M) with profit before overhead, payroll, taxes, and interest of 6.12 M. | |
| Northern Ocean has accumulated about 5.46 M in cash with (21.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28. | |
| Roughly 44.0% of Northern Ocean outstanding shares are owned by corporate insiders |
- Analyzing Northern Ocean'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 Northern Ocean's stock is overvalued or undervalued compared to its peers.
- Examining Northern Ocean'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 Northern Ocean's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northern Ocean's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Northern Ocean's stock. These opinions can provide insight into Northern Ocean's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Northern Stock
Northern Ocean financial ratios help investors to determine whether Northern 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 Northern with respect to the benefits of owning Northern Ocean security.