Nekkar Asa Financials
| NKR Stock | NOK 9.78 0.08 0.82% |
Nekkar |
Understanding current and past Nekkar Asa Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nekkar Asa's financial statements are interrelated, with each one affecting the others. For example, an increase in Nekkar Asa's assets may result in an increase in income on the income statement.
Nekkar Asa Stock Summary
Nekkar Asa competes with Carasent ASA, 2020 Bulkers, Kitron ASA, MPC Container, and Vow ASA. Nekkar ASA operates in shipyard, aquaculture, renewables, and digital solutions. Nekkar ASA founded in 1966 and is headquartered in Kristiansand, Norway. NEKKAR ASA is traded on Oslo Stock Exchange in Norway.| Foreign Associate | USA |
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0003049405 |
| Business Address | Andyfaret 15, Kristiansand, |
| Sector | Industrials |
| Industry | Specialty Industrial Machinery |
| Benchmark | Dow Jones Industrial |
| Website | www.nekkar.com |
| Phone | 47 64 90 79 10 |
| Currency | NOK - Kroner |
You should never invest in Nekkar Asa without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Nekkar Stock, because this is throwing your money away. Analyzing the key information contained in Nekkar Asa's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Nekkar Asa Key Financial Ratios
There are many critical financial ratios that Nekkar Asa's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nekkar Asa reports annually and quarterly.Nekkar Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nekkar Asa's current stock value. Our valuation model uses many indicators to compare Nekkar Asa value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nekkar Asa competition to find correlations between indicators driving Nekkar Asa's intrinsic value. More Info.Nekkar Asa 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 reporting about 0.49 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nekkar Asa is roughly 2.03 . 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 Nekkar Asa's earnings, one of the primary drivers of an investment's value.Nekkar Asa Systematic Risk
Nekkar Asa's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nekkar Asa 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 Nekkar Asa correlated with the market. If Beta is less than 0 Nekkar Asa generally moves in the opposite direction as compared to the market. If Nekkar Asa Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nekkar Asa is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nekkar Asa is generally in the same direction as the market. If Beta > 1 Nekkar Asa moves generally in the same direction as, but more than the movement of the benchmark.
Nekkar Asa December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nekkar Asa help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nekkar Asa. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nekkar Asa based on widely used predictive technical indicators. In general, we focus on analyzing Nekkar Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nekkar Asa's daily price indicators and compare them against related drivers.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 13.86 | |||
| Value At Risk | (2.84) | |||
| Potential Upside | 2.67 |
Other Information on Investing in Nekkar Stock
Nekkar Asa financial ratios help investors to determine whether Nekkar 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 Nekkar with respect to the benefits of owning Nekkar Asa security.