Norva24 Group (Sweden) Analysis
| NORVA Stock | 26.50 0.45 1.73% |
Norva24 Group AB is undervalued with Real Value of 28.16 and Hype Value of 26.5. The main objective of Norva24 Group stock analysis is to determine its intrinsic value, which is an estimate of what Norva24 Group AB is worth, separate from its market price. There are two main types of Norva24 Group's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Norva24 Group's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Norva24 Group's stock to identify patterns and trends that may indicate its future price movements.
The Norva24 Group stock is traded in Sweden on Stockholm Exchange, with the market opening at 09:00:00 and closing at 17:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Sweden. Norva24 Group is usually not traded on NationalDay, International Workers ' Day, St . John 's Day, All Saints ' Day, Christmas Eve, Christmas Day, Boxing Day, New Year 's Day, Epiphany, Good Friday, Easter Sunday, Easter Monday. Norva24 Stock trading window is adjusted to Europe/Stockholm timezone.
Norva24 |
Norva24 Stock Analysis Notes
About 21.0% of the company outstanding shares are owned by corporate insiders. The book value of Norva24 Group was now reported as 9.57. The company had not issued any dividends in recent years. To find out more about Norva24 Group AB learn more at https://www.norva24.com.Norva24 Group AB Investment Alerts
| Norva24 Group AB generated a negative expected return over the last 90 days | |
| About 64.0% of the company shares are owned by institutional investors |
Norva24 Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.34 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Norva24 Group's market, we take the total number of its shares issued and multiply it by Norva24 Group's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Norva24 Profitablity
Norva24 Group's profitability indicators refer to fundamental financial ratios that showcase Norva24 Group's ability to generate income relative to its revenue or operating costs. If, let's say, Norva24 Group is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Norva24 Group's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Norva24 Group's profitability requires more research than a typical breakdown of Norva24 Group's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.08 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.11 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.11. Technical Drivers
As of the 22nd of November, Norva24 Group secures the Risk Adjusted Performance of (0.07), mean deviation of 1.46, and Standard Deviation of 1.98. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Norva24 Group AB, as well as the relationship between them. Please verify Norva24 Group AB standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Norva24 Group AB is priced some-what accurately, providing market reflects its recent price of 26.5 per share.Norva24 Group AB Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Norva24 Group middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Norva24 Group AB. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Norva24 Group Outstanding Bonds
Norva24 Group issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Norva24 Group AB uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Norva24 bonds can be classified according to their maturity, which is the date when Norva24 Group AB has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Norva24 Group Predictive Daily Indicators
Norva24 Group intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Norva24 Group stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Norva24 Group Forecast Models
Norva24 Group's time-series forecasting models are one of many Norva24 Group's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Norva24 Group's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Norva24 Group to your portfolios without increasing risk or reducing expected return.Did you try this?
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Additional Tools for Norva24 Stock Analysis
When running Norva24 Group's price analysis, check to measure Norva24 Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Norva24 Group is operating at the current time. Most of Norva24 Group's value examination focuses on studying past and present price action to predict the probability of Norva24 Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norva24 Group's price. Additionally, you may evaluate how the addition of Norva24 Group to your portfolios can decrease your overall portfolio volatility.