North Energy Financials
| NORTH Stock | NOK 2.75 0.07 2.48% |
North |
North Energy Stock Summary
North Energy competes with Odfjell Drilling, Aasen Sparebank, Norwegian Air, Polaris Media, and Kraft Bank. Previously, it was engaged in the exploration, development, and production of oil and gas in the Norwegian continental shelf. The company was founded in 2007 and is headquartered in Oslo, Norway. NORTH ENERGY operates under Oil And Gas Drilling And Exploration classification in Norway and is traded on Oslo Stock Exchange. It employs 3 people.| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0010550056 |
| Business Address | Tjuvholmen all 19, |
| Sector | Oil, Gas & Consumable Fuels |
| Industry | Energy |
| Benchmark | Dow Jones Industrial |
| Website | www.northenergy.no |
| Phone | 47 22 01 79 50 |
| Currency | NOK - Kroner |
You should never invest in North Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of North Stock, because this is throwing your money away. Analyzing the key information contained in North Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
North Energy Key Financial Ratios
North Energy's financial ratios allow both analysts and investors to convert raw data from North Energy's financial statements into concise, actionable information that can be used to evaluate the performance of North Energy over time and compare it to other companies across industries.| Return On Equity | -0.038 | |||
| Return On Asset | -0.0351 | |||
| Target Price | 1.1 | |||
| Beta | 0.98 | |||
| Z Score | 59.0 |
North Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining North Energy's current stock value. Our valuation model uses many indicators to compare North Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across North Energy competition to find correlations between indicators driving North Energy's intrinsic value. More Info.North Energy 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 . Comparative valuation analysis is a catch-all model that can be used if you cannot value North Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for North Energy'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.North Energy ASA Systematic Risk
North Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. North Energy 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 North Energy ASA correlated with the market. If Beta is less than 0 North Energy generally moves in the opposite direction as compared to the market. If North Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one North Energy ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of North Energy is generally in the same direction as the market. If Beta > 1 North Energy moves generally in the same direction as, but more than the movement of the benchmark.
North Energy February 27, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of North Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of North Energy ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of North Energy ASA based on widely used predictive technical indicators. In general, we focus on analyzing North Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build North Energy's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.61 | |||
| Information Ratio | 0.0087 | |||
| Maximum Drawdown | 14.8 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 3.23 |
Other Information on Investing in North Stock
North Energy financial ratios help investors to determine whether North 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 North with respect to the benefits of owning North Energy security.