North Energy (Norway) Performance
| NORTH Stock | NOK 2.68 0.03 1.13% |
The company secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, North Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding North Energy is expected to be smaller as well. At this point, North Energy ASA has a negative expected return of -0.0646%. Please make sure to verify North Energy's potential upside, as well as the relationship between the kurtosis and day typical price , to decide if North Energy ASA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days North Energy ASA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, North Energy is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 119.3 M | |
| Total Cashflows From Investing Activities | -11 M |
North |
North Energy Relative Risk vs. Return Landscape
If you would invest 282.00 in North Energy ASA on November 9, 2024 and sell it today you would lose (14.00) from holding North Energy ASA or give up 4.96% of portfolio value over 90 days. North Energy ASA is generating negative expected returns and assumes 2.1359% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than North, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
North Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for North Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as North Energy ASA, and traders can use it to determine the average amount a North Energy'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 = -0.0302
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| Negative Returns | NORTH |
Estimated Market Risk
| 2.14 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average North Energy 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 North Energy by adding North Energy to a well-diversified portfolio.
North Energy Fundamentals Growth
North Stock prices reflect investors' perceptions of the future prospects and financial health of North Energy, and North Energy 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 North Stock performance.
| Return On Equity | -0.038 | |||
| Return On Asset | -0.0351 | |||
| Operating Margin | (143.76) % | |||
| Current Valuation | 97.1 M | |||
| Shares Outstanding | 117.25 M | |||
| Price To Earning | 34.04 X | |||
| Price To Book | 0.77 X | |||
| Price To Sales | 1,839 X | |||
| Revenue | 178 K | |||
| EBITDA | (45.12 M) | |||
| Cash And Equivalents | 39.99 M | |||
| Cash Per Share | 2.15 X | |||
| Total Debt | 2.54 M | |||
| Debt To Equity | 1.40 % | |||
| Book Value Per Share | 2.84 X | |||
| Cash Flow From Operations | (15.6 M) | |||
| Earnings Per Share | 0.29 X | |||
| Total Asset | 338.99 M | |||
| Retained Earnings | (698 M) | |||
| Current Asset | 730 M | |||
| Current Liabilities | 584 M | |||
About North Energy Performance
By examining North Energy's fundamental ratios, stakeholders can obtain critical insights into North Energy'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 North Energy 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.
Previously, it was engaged in the exploration, development, and production of oil and gas in the Norwegian continental shelf. The company was founded in 2007 and is headquartered in Oslo, Norway. NORTH ENERGY operates under Oil And Gas Drilling And Exploration classification in Norway and is traded on Oslo Stock Exchange. It employs 3 people.Things to note about North Energy ASA performance evaluation
Checking the ongoing alerts about North Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for North Energy ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| North Energy ASA generated a negative expected return over the last 90 days | |
| The company reported the revenue of 178 K. Net Loss for the year was (27.83 M) with profit before overhead, payroll, taxes, and interest of 178 K. | |
| North Energy ASA has accumulated about 39.99 M in cash with (15.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.15. | |
| Roughly 61.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing North Energy'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 North Energy's stock is overvalued or undervalued compared to its peers.
- Examining North Energy'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 North Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of North Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of North Energy's stock. These opinions can provide insight into North Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in North Stock
North Energy financial ratios help investors to determine whether North 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 North with respect to the benefits of owning North Energy security.