Edda Wind Financials
| EWIND Stock | 17.30 0.25 1.47% |
Edda |
Understanding current and past Edda Wind Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Edda Wind's financial statements are interrelated, with each one affecting the others. For example, an increase in Edda Wind's assets may result in an increase in income on the income statement.
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0010998529 |
| Business Address | Smedasundet 97, Haugesund, |
| Sector | Energy |
| Industry | Oil & Gas Equipment & Services |
| Benchmark | Dow Jones Industrial |
| Website | eddawind.com |
| Phone | 47 52 70 45 45 |
You should never invest in Edda Wind without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Edda Stock, because this is throwing your money away. Analyzing the key information contained in Edda Wind's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Edda Wind Key Financial Ratios
Edda Wind's financial ratios allow both analysts and investors to convert raw data from Edda Wind's financial statements into concise, actionable information that can be used to evaluate the performance of Edda Wind over time and compare it to other companies across industries.| Return On Equity | 0.0162 | |||
| Return On Asset | 0.0054 | |||
| Target Price | 41.18 | |||
| Z Score | 9.0 |
Edda Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Edda Wind's current stock value. Our valuation model uses many indicators to compare Edda Wind value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Edda Wind competition to find correlations between indicators driving Edda Wind's intrinsic value. More Info.Edda Wind ASA is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.33 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Edda Wind ASA is roughly 3.00 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Edda Wind by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Edda Wind's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Edda Wind ASA Systematic Risk
Edda Wind's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Edda Wind 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.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Edda Wind ASA correlated with the market. If Beta is less than 0 Edda Wind generally moves in the opposite direction as compared to the market. If Edda Wind Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Edda Wind ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Edda Wind is generally in the same direction as the market. If Beta > 1 Edda Wind moves generally in the same direction as, but more than the movement of the benchmark.
Edda Wind March 21, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Edda Wind help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Edda Wind ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Edda Wind ASA based on widely used predictive technical indicators. In general, we focus on analyzing Edda Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Edda Wind's daily price indicators and compare them against related drivers.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 14.89 | |||
| Value At Risk | (3.54) | |||
| Potential Upside | 3.98 |
Other Information on Investing in Edda Stock
Edda Wind financial ratios help investors to determine whether Edda 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 Edda with respect to the benefits of owning Edda Wind security.