Norbit ASA (Norway) Performance
| NORBT Stock | NOK 184.00 3.40 1.81% |
Norbit ASA has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.6, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Norbit ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Norbit ASA is expected to be smaller as well. Norbit ASA right now secures a risk of 2.56%. Please verify Norbit ASA treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Norbit ASA will be following its current price movements.
Risk-Adjusted Performance
Soft
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Norbit ASA are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of very conflicting basic indicators, Norbit ASA may actually be approaching a critical reversion point that can send shares even higher in March 2026. ...more
| Begin Period Cash Flow | 15 M | |
| Total Cashflows From Investing Activities | -217.6 M |
Norbit |
Norbit ASA Relative Risk vs. Return Landscape
If you would invest 17,612 in Norbit ASA on November 14, 2025 and sell it today you would earn a total of 788.00 from holding Norbit ASA or generate 4.47% return on investment over 90 days. Norbit ASA is generating 0.1056% of daily returns and assumes 2.5623% volatility on return distribution over the 90 days horizon. Simply put, 23% of stocks are less volatile than Norbit, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Norbit ASA Target Price Odds to finish over Current Price
The tendency of Norbit 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 |
| 184.00 | 90 days | 184.00 | about 33.27 |
Based on a normal probability distribution, the odds of Norbit ASA to move above the current price in 90 days from now is about 33.27 (This Norbit ASA probability density function shows the probability of Norbit Stock to fall within a particular range of prices over 90 days) .
Norbit ASA Price Density |
| Price |
Predictive Modules for Norbit ASA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Norbit ASA. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Norbit ASA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Norbit ASA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Norbit ASA is not an exception. The market had few large corrections towards the Norbit ASA'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 Norbit ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Norbit ASA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.60 | |
σ | Overall volatility | 7.19 | |
Ir | Information ratio | -0.05 |
Norbit ASA 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 Norbit ASA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Norbit ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 66.0% of the company outstanding shares are owned by corporate insiders |
Norbit ASA 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 Norbit Stock often depends not only on the future outlook of the current and potential Norbit ASA'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. Norbit ASA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 58.5 M | |
| Cash And Short Term Investments | 21.7 M |
Norbit ASA Fundamentals Growth
Norbit Stock prices reflect investors' perceptions of the future prospects and financial health of Norbit ASA, and Norbit ASA 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 Norbit Stock performance.
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0778 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 1.99 B | |||
| Shares Outstanding | 59.18 M | |||
| Price To Earning | 88.61 X | |||
| Price To Book | 3.04 X | |||
| Price To Sales | 1.61 X | |||
| Revenue | 787.83 M | |||
| EBITDA | 140.9 M | |||
| Cash And Equivalents | 13.3 M | |||
| Cash Per Share | 0.39 X | |||
| Total Debt | 169.13 M | |||
| Debt To Equity | 0.36 % | |||
| Book Value Per Share | 9.47 X | |||
| Cash Flow From Operations | 47.7 M | |||
| Earnings Per Share | 1.34 X | |||
| Total Asset | 976.94 M | |||
About Norbit ASA Performance
By examining Norbit ASA's fundamental ratios, stakeholders can obtain critical insights into Norbit ASA'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 Norbit ASA 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.
It operates through three segments Oceans, Intelligent Traffic Systems, and Product Innovation Realization. The company was founded in 1980 and is headquartered in Trondheim, Norway. NORBIT ASA is traded on Oslo Stock Exchange in Norway.Things to note about Norbit ASA performance evaluation
Checking the ongoing alerts about Norbit ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Norbit ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 66.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Norbit ASA'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 Norbit ASA's stock is overvalued or undervalued compared to its peers.
- Examining Norbit ASA'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 Norbit ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Norbit ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Norbit ASA's stock. These opinions can provide insight into Norbit ASA's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Norbit Stock
Norbit ASA financial ratios help investors to determine whether Norbit 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 Norbit with respect to the benefits of owning Norbit ASA security.