NORTHERN OCEAN Financials
| 4JO Stock | EUR 0.57 0.01 1.79% |
NORTHERN |
Understanding current and past NORTHERN OCEAN Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of NORTHERN OCEAN's financial statements are interrelated, with each one affecting the others. For example, an increase in NORTHERN OCEAN's assets may result in an increase in income on the income statement.
NORTHERN OCEAN Stock Summary
NORTHERN OCEAN competes with ZhongAn Online, UNIVERSAL MUSIC, CODERE ONLINE, SWISS WATER, and PACIFIC ONLINE. Northern Ocean Ltd., together with its subsidiaries, provides offshore contract drilling services for the oil and gas industry worldwide. The company was incorporated in 2017 and is based in Hamilton, Bermuda. NORTHERN OCEAN is traded on Frankfurt Stock Exchange in Germany.| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | BMG6682J1036 |
| Business Address | Par La Ville |
| Sector | Energy |
| Industry | Oil & Gas Drilling |
| Benchmark | Dow Jones Industrial |
| Website | www.northernocean.no |
| Currency | EUR - Euro |
You should never invest in NORTHERN OCEAN without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of NORTHERN Stock, because this is throwing your money away. Analyzing the key information contained in NORTHERN OCEAN's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
NORTHERN OCEAN Key Financial Ratios
There are many critical financial ratios that NORTHERN OCEAN's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that NORTHERN OCEAN LTD reports annually and quarterly.| Return On Equity | -0.0411 | |||
| Return On Asset | -0.0297 | |||
| Beta | 2.24 |
NORTHERN Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NORTHERN OCEAN's current stock value. Our valuation model uses many indicators to compare NORTHERN OCEAN value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NORTHERN OCEAN competition to find correlations between indicators driving NORTHERN OCEAN's intrinsic value. More Info.NORTHERN OCEAN LTD is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NORTHERN OCEAN's earnings, one of the primary drivers of an investment's value.NORTHERN OCEAN LTD Systematic Risk
NORTHERN OCEAN's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NORTHERN OCEAN volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on NORTHERN OCEAN LTD correlated with the market. If Beta is less than 0 NORTHERN OCEAN generally moves in the opposite direction as compared to the market. If NORTHERN OCEAN Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NORTHERN OCEAN LTD is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NORTHERN OCEAN is generally in the same direction as the market. If Beta > 1 NORTHERN OCEAN moves generally in the same direction as, but more than the movement of the benchmark.
NORTHERN OCEAN March 22, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NORTHERN OCEAN help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NORTHERN OCEAN LTD. We use our internally-developed statistical techniques to arrive at the intrinsic value of NORTHERN OCEAN LTD based on widely used predictive technical indicators. In general, we focus on analyzing NORTHERN Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NORTHERN OCEAN's daily price indicators and compare them against related drivers.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 12.12 | |||
| Value At Risk | (3.17) | |||
| Potential Upside | 4.69 |
Complementary Tools for NORTHERN Stock analysis
When running NORTHERN OCEAN's price analysis, check to measure NORTHERN OCEAN'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 NORTHERN OCEAN is operating at the current time. Most of NORTHERN OCEAN's value examination focuses on studying past and present price action to predict the probability of NORTHERN OCEAN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NORTHERN OCEAN's price. Additionally, you may evaluate how the addition of NORTHERN OCEAN to your portfolios can decrease your overall portfolio volatility.
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