Norske Skog Financials
NSKOG Stock | NOK 24.54 0.34 1.37% |
Norske |
Norske Skog Stock Summary
Norske Skog competes with Pareto Bank, Romsdal Sparebank, Sparebank, Instabank ASA, and Tysnes Sparebank. Norske Skog ASA produces and sells newsprint and magazine paper primarily in Europe and Australasia. The company was founded in 1962 and is headquartered in Oslo, Norway. NORSKE SKOG is traded on Oslo Stock Exchange in Norway.Instrument | Norway Stock View All |
Exchange | Oslo Stock Exchange |
ISIN | NO0010861115 |
Business Address | PO Box 294 |
Sector | Basic Materials |
Industry | Paper & Paper Products |
Benchmark | Dow Jones Industrial |
Website | www.norskeskog.com |
Phone | 47 22 51 20 20 |
Currency | NOK - Kroner |
You should never invest in Norske Skog without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Norske Stock, because this is throwing your money away. Analyzing the key information contained in Norske Skog's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Norske Skog Key Financial Ratios
Norske Skog's financial ratios allow both analysts and investors to convert raw data from Norske Skog's financial statements into concise, actionable information that can be used to evaluate the performance of Norske Skog over time and compare it to other companies across industries.Return On Equity | 0.5 | |||
Return On Asset | 0.12 | |||
Target Price | 99.0 | |||
Beta | 0.57 | |||
Z Score | 2.2 |
Norske Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Norske Skog's current stock value. Our valuation model uses many indicators to compare Norske Skog value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Norske Skog competition to find correlations between indicators driving Norske Skog's intrinsic value. More Info.Norske Skog 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 0.23 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Norske Skog Asa is roughly 4.27 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Norske Skog by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Norske Skog'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.Norske Skog Asa Systematic Risk
Norske Skog's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Norske Skog 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-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Norske Skog Asa correlated with the market. If Beta is less than 0 Norske Skog generally moves in the opposite direction as compared to the market. If Norske Skog Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Norske Skog Asa is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Norske Skog is generally in the same direction as the market. If Beta > 1 Norske Skog moves generally in the same direction as, but more than the movement of the benchmark.
Norske Skog March 23, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Norske Skog help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Norske Skog Asa. We use our internally-developed statistical techniques to arrive at the intrinsic value of Norske Skog Asa based on widely used predictive technical indicators. In general, we focus on analyzing Norske Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Norske Skog's daily price indicators and compare them against related drivers.
Downside Deviation | 4.27 | |||
Information Ratio | 0.0676 | |||
Maximum Drawdown | 39.17 | |||
Value At Risk | (6.50) | |||
Potential Upside | 6.18 |
Other Information on Investing in Norske Stock
Norske Skog financial ratios help investors to determine whether Norske 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 Norske with respect to the benefits of owning Norske Skog security.