Nkt As Stock Analysis

NKT Pink Sheet Analysis Notes

About 38.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.64. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. NKT A/S has Price/Earnings (P/E) ratio of 202.13. The entity last dividend was issued on the 1st of April 2016. NKT AS develops, manufactures, and markets cables, accessories, and solutions worldwide. NKT AS was founded in 1891 and is headquartered in Brndby, Denmark. Nkt AS is traded on OTC Exchange in the United States.The quote for NKT AS is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about NKT AS contact Alexander Kara at 45 43 48 20 00 or learn more at https://www.nkt.com.

NKT Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.6 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NKT A/S's market, we take the total number of its shares issued and multiply it by NKT A/S'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.

NKT Profitablity

The company has Profit Margin (PM) of 0.01 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average.

Technical Drivers

As of the 28th of December, NKT A/S secures the Market Risk Adjusted Performance of 5.01, mean deviation of 0.4746, and Risk Adjusted Performance of 0.1108. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of NKT A/S, as well as the relationship between them. Please verify NKT A/S coefficient of variation, as well as the relationship between the total risk alpha and skewness to decide if NKT AS is priced more or less accurately, providing market reflects its recent price of 115.55 per share. Given that NKT A/S has variance of 2.01, we recommend you to check NKT A/S's last-minute market performance to make sure the company can sustain itself at some point in the future.

NKT A/S Price Movement Analysis

NKT A/S Predictive Daily Indicators

NKT A/S Forecast Models

NKT A/S's time-series forecasting models are one of many NKT A/S's pink sheet 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 NKT A/S'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.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how NKT A/S prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling NKT shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as NKT A/S. By using and applying NKT Pink Sheet analysis, traders can create a robust methodology for identifying NKT entry and exit points for their positions.

When running NKT A/S's price analysis, check to measure NKT A/S'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 NKT A/S is operating at the current time. Most of NKT A/S's value examination focuses on studying past and present price action to predict the probability of NKT A/S's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NKT A/S's price. Additionally, you may evaluate how the addition of NKT A/S to your portfolios can decrease your overall portfolio volatility.