Nordic Unmanned (Norway) Performance
| NUMND Stock | NOK 0.77 0.02 2.67% |
The company secures a Beta (Market Risk) of 0.7, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nordic Unmanned's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nordic Unmanned is expected to be smaller as well. At this point, Nordic Unmanned As has a negative expected return of -0.084%. Please make sure to verify Nordic Unmanned's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Nordic Unmanned As 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 Nordic Unmanned As has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Nordic Unmanned 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 | 53.3 M | |
| Total Cashflows From Investing Activities | -240.8 M |
Nordic |
Nordic Unmanned Relative Risk vs. Return Landscape
If you would invest 129.00 in Nordic Unmanned As on November 19, 2024 and sell it today you would lose (52.00) from holding Nordic Unmanned As or give up 40.31% of portfolio value over 90 days. Nordic Unmanned As is generating negative expected returns and assumes 12.3313% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Nordic on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Nordic Unmanned Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nordic Unmanned's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nordic Unmanned As, and traders can use it to determine the average amount a Nordic Unmanned'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 = -0.0068
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| Negative Returns | NUMND |
Estimated Market Risk
| 12.33 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nordic Unmanned 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 Unmanned by adding Nordic Unmanned to a well-diversified portfolio.
Nordic Unmanned Fundamentals Growth
Nordic Stock prices reflect investors' perceptions of the future prospects and financial health of Nordic Unmanned, and Nordic Unmanned 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 | -0.35 | |||
| Return On Asset | -0.14 | |||
| Profit Margin | (0.53) % | |||
| Operating Margin | (0.65) % | |||
| Current Valuation | 346.01 M | |||
| Shares Outstanding | 42.38 M | |||
| Price To Earning | 308.54 X | |||
| Price To Book | 0.55 X | |||
| Price To Sales | 11.84 X | |||
| Revenue | 105.04 M | |||
| EBITDA | (18.07 M) | |||
| Cash And Equivalents | 5.59 M | |||
| Cash Per Share | 4.18 X | |||
| Total Debt | 99.69 M | |||
| Debt To Equity | 0.26 % | |||
| Book Value Per Share | 11.43 X | |||
| Cash Flow From Operations | (43.68 M) | |||
| Earnings Per Share | (1.24) X | |||
| Total Asset | 466.06 M | |||
About Nordic Unmanned Performance
By examining Nordic Unmanned's fundamental ratios, stakeholders can obtain critical insights into Nordic Unmanned'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 Unmanned 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 Unmanned AS provides remotely piloted aircraft system services in Norway and internationally. The company was incorporated in 2013 and is headquartered in Sandnes, Norway. NORDIC UNMANNED is traded on Oslo Stock Exchange in Norway.Things to note about Nordic Unmanned As performance evaluation
Checking the ongoing alerts about Nordic Unmanned for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nordic Unmanned As help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nordic Unmanned As generated a negative expected return over the last 90 days | |
| Nordic Unmanned As has high historical volatility and very poor performance | |
| Nordic Unmanned As has some characteristics of a very speculative penny stock | |
| Nordic Unmanned As has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 105.04 M. Net Loss for the year was (32.49 M) with profit before overhead, payroll, taxes, and interest of 76.81 M. | |
| Nordic Unmanned As has accumulated about 5.59 M in cash with (43.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.18, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 32.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Nordic Unmanned'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 Unmanned's stock is overvalued or undervalued compared to its peers.
- Examining Nordic Unmanned'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 Unmanned's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nordic Unmanned's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nordic Unmanned's stock. These opinions can provide insight into Nordic Unmanned's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nordic Stock
Nordic Unmanned 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 Unmanned security.