Tekna Holding (Norway) Performance
| TEKNA Stock | NOK 3.60 0.20 5.88% |
The entity has a beta of -1.26, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Tekna Holding are expected to decrease by larger amounts. On the other hand, during market turmoil, Tekna Holding is expected to outperform it. At this point, Tekna Holding AS has a negative expected return of -0.57%. Please make sure to validate Tekna Holding's value at risk, rate of daily change, relative strength index, as well as the relationship between the kurtosis and market facilitation index , to decide if Tekna Holding AS performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Tekna Holding AS 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 December 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
| Begin Period Cash Flow | 2.5 M | |
| Total Cashflows From Investing Activities | -28.4 M |
Tekna |
Tekna Holding Relative Risk vs. Return Landscape
If you would invest 562.00 in Tekna Holding AS on September 1, 2024 and sell it today you would lose (202.00) from holding Tekna Holding AS or give up 35.94% of portfolio value over 90 days. Tekna Holding AS is generating negative expected returns and assumes 4.4779% volatility on return distribution over the 90 days horizon. Simply put, 39% of stocks are less volatile than Tekna, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Tekna Holding Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tekna Holding's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tekna Holding AS, and traders can use it to determine the average amount a Tekna Holding'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 = -0.1277
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| Negative Returns | TEKNA |
Estimated Market Risk
| 4.48 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.57 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tekna Holding 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 Tekna Holding by adding Tekna Holding to a well-diversified portfolio.
Tekna Holding Fundamentals Growth
Tekna Stock prices reflect investors' perceptions of the future prospects and financial health of Tekna Holding, and Tekna Holding 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 Tekna Stock performance.
| Return On Equity | -0.35 | |||
| Return On Asset | -0.15 | |||
| Profit Margin | (0.78) % | |||
| Operating Margin | (0.75) % | |||
| Current Valuation | 705.14 M | |||
| Shares Outstanding | 125.23 M | |||
| Price To Book | 1.74 X | |||
| Price To Sales | 28.30 X | |||
| Revenue | 26.8 M | |||
| EBITDA | (9.8 M) | |||
| Total Debt | 4 M | |||
| Book Value Per Share | 0.45 X | |||
| Cash Flow From Operations | (13.88 M) | |||
| Earnings Per Share | (1.07) X | |||
| Total Asset | 92.8 M | |||
About Tekna Holding Performance
By examining Tekna Holding's fundamental ratios, stakeholders can obtain critical insights into Tekna Holding'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 Tekna Holding 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.
Tekna Holding AS produces and sells spherical powders and nanopowders, and plasma systems for powder production of advanced materials worldwide. Its metal powders and plasma systems are used in various industrial sectors, such as aviation, aerospace, medical, mining and drilling, energy storage and microelectronics. TEKNA HOLDING is traded on Oslo Stock Exchange in Norway.Things to note about Tekna Holding AS performance evaluation
Checking the ongoing alerts about Tekna Holding for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tekna Holding AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tekna Holding AS generated a negative expected return over the last 90 days | |
| Tekna Holding AS has high historical volatility and very poor performance | |
| Tekna Holding AS has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 26.8 M. Net Loss for the year was (13.6 M) with profit before overhead, payroll, taxes, and interest of 10.12 M. | |
| Tekna Holding generates negative cash flow from operations | |
| About 85.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Tekna Holding'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 Tekna Holding's stock is overvalued or undervalued compared to its peers.
- Examining Tekna Holding'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 Tekna Holding's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tekna Holding's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tekna Holding's stock. These opinions can provide insight into Tekna Holding's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Tekna Stock
Tekna Holding financial ratios help investors to determine whether Tekna 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 Tekna with respect to the benefits of owning Tekna Holding security.