Norwegian Block Financials
| NBX Stock | 0.39 0.01 2.50% |
Norwegian |
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0010984966 |
| Business Address | SnarOeyveien 36, Fornebu, |
| Sector | Financial Services |
| Industry | Capital Markets |
| Benchmark | Dow Jones Industrial |
| Website | www.nbx.com |
| Phone | 47 98 64 41 44 |
You should never invest in Norwegian Block without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Norwegian Stock, because this is throwing your money away. Analyzing the key information contained in Norwegian Block's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Norwegian Block Key Financial Ratios
There are many critical financial ratios that Norwegian Block's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Norwegian Block Exchange reports annually and quarterly.Norwegian Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Norwegian Block's current stock value. Our valuation model uses many indicators to compare Norwegian Block value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Norwegian Block competition to find correlations between indicators driving Norwegian Block's intrinsic value. More Info.Norwegian Block Exchange is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock 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 Norwegian Block's earnings, one of the primary drivers of an investment's value.Norwegian Block Exchange Systematic Risk
Norwegian Block's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Norwegian Block 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Norwegian Block Exchange correlated with the market. If Beta is less than 0 Norwegian Block generally moves in the opposite direction as compared to the market. If Norwegian Block Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Norwegian Block Exchange is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Norwegian Block is generally in the same direction as the market. If Beta > 1 Norwegian Block moves generally in the same direction as, but more than the movement of the benchmark.
Norwegian Block December 13, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Norwegian Block help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Norwegian Block Exchange. We use our internally-developed statistical techniques to arrive at the intrinsic value of Norwegian Block Exchange based on widely used predictive technical indicators. In general, we focus on analyzing Norwegian Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Norwegian Block's daily price indicators and compare them against related drivers.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 60.18 | |||
| Value At Risk | (18.00) | |||
| Potential Upside | 17.65 |
Other Information on Investing in Norwegian Stock
Norwegian Block financial ratios help investors to determine whether Norwegian 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 Norwegian with respect to the benefits of owning Norwegian Block security.