Scana ASA (Norway) Performance
| SCANA Stock | NOK 1.35 0.01 0.75% |
The entity has a beta of -0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Scana ASA are expected to decrease at a much lower rate. During the bear market, Scana ASA is likely to outperform the market. At this point, Scana ASA has a negative expected return of -0.21%. Please make sure to validate Scana ASA's skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Scana ASA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days Scana ASA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in March 2026. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
| Begin Period Cash Flow | 11.1 M | |
| Total Cashflows From Investing Activities | -564 K |
Scana |
Scana ASA Relative Risk vs. Return Landscape
If you would invest 154.00 in Scana ASA on November 1, 2025 and sell it today you would lose (19.00) from holding Scana ASA or give up 12.34% of portfolio value over 90 days. Scana ASA is generating negative expected returns and assumes 1.6085% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than Scana, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Scana ASA Target Price Odds to finish over Current Price
The tendency of Scana 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 |
| 1.35 | 90 days | 1.35 | about 89.02 |
Based on a normal probability distribution, the odds of Scana ASA to move above the current price in 90 days from now is about 89.02 (This Scana ASA probability density function shows the probability of Scana Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Scana ASA has a beta of -0.15. This usually implies as returns on the benchmark increase, returns on holding Scana ASA are expected to decrease at a much lower rate. During a bear market, however, Scana ASA is likely to outperform the market. Additionally Scana ASA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Scana ASA Price Density |
| Price |
Predictive Modules for Scana 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 Scana 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.Scana ASA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Scana ASA is not an exception. The market had few large corrections towards the Scana 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 Scana ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Scana ASA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.11 |
Scana 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 Scana ASA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Scana 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.| Scana ASA generated a negative expected return over the last 90 days | |
| Scana ASA may become a speculative penny stock | |
| Scana ASA has accumulated 4.4 M in total debt with debt to equity ratio (D/E) of 0.57, which is about average as compared to similar companies. Scana ASA has a current ratio of 0.95, 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 Scana ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Scana ASA'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 Scana ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Scana to invest in growth at high rates of return. When we think about Scana ASA's use of debt, we should always consider it together with cash and equity. | |
| About 40.0% of Scana ASA outstanding shares are owned by corporate insiders |
Scana 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 Scana Stock often depends not only on the future outlook of the current and potential Scana 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. Scana ASA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 116.7 M | |
| Cash And Short Term Investments | 29 M |
Scana ASA Fundamentals Growth
Scana Stock prices reflect investors' perceptions of the future prospects and financial health of Scana ASA, and Scana 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 Scana Stock performance.
| Return On Equity | -0.0835 | |||
| Return On Asset | -0.013 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | (0.02) % | |||
| Current Valuation | 1.09 B | |||
| Shares Outstanding | 440.58 M | |||
| Price To Earning | 3.36 X | |||
| Price To Book | 1.12 X | |||
| Price To Sales | 0.58 X | |||
| Revenue | 304.26 M | |||
| EBITDA | 16.39 M | |||
| Cash And Equivalents | 17.8 M | |||
| Cash Per Share | 0.17 X | |||
| Total Debt | 4.4 M | |||
| Debt To Equity | 0.57 % | |||
| Book Value Per Share | 1.01 X | |||
| Cash Flow From Operations | 25.06 M | |||
| Earnings Per Share | 0.08 X | |||
| Total Asset | 223.4 M | |||
About Scana ASA Performance
By examining Scana ASA's fundamental ratios, stakeholders can obtain critical insights into Scana 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 Scana 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.
Scana ASA, an industrial investment company, provides equipment and services to the marine industry. Scana ASA was founded in 1646 and is headquartered in Bergen, Norway. SCANA ASA operates under Industrial Distribution classification in Norway and is traded on Oslo Stock Exchange. It employs 94 people.Things to note about Scana ASA performance evaluation
Checking the ongoing alerts about Scana ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Scana ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Scana ASA generated a negative expected return over the last 90 days | |
| Scana ASA may become a speculative penny stock | |
| Scana ASA has accumulated 4.4 M in total debt with debt to equity ratio (D/E) of 0.57, which is about average as compared to similar companies. Scana ASA has a current ratio of 0.95, 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 Scana ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Scana ASA'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 Scana ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Scana to invest in growth at high rates of return. When we think about Scana ASA's use of debt, we should always consider it together with cash and equity. | |
| About 40.0% of Scana ASA outstanding shares are owned by corporate insiders |
- Analyzing Scana 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 Scana ASA's stock is overvalued or undervalued compared to its peers.
- Examining Scana 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 Scana ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Scana ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Scana ASA's stock. These opinions can provide insight into Scana ASA's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Scana Stock
Scana ASA financial ratios help investors to determine whether Scana 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 Scana with respect to the benefits of owning Scana ASA security.