Nordic Aqua (Norway) Buy Hold or Sell Recommendation
| NOAP Stock | NOK 74.50 2.00 2.76% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding Nordic Aqua Partners is 'Strong Sell'. The recommendation algorithm takes into account all of Nordic Aqua's available fundamental, technical, and predictive indicators you will find on this site.
Check out Nordic Aqua Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Nordic and provide practical buy, sell, or hold advice based on investors' constraints. Nordic Aqua Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Nordic |
Execute Nordic Aqua Buy or Sell Advice
The Nordic recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nordic Aqua Partners. Macroaxis does not own or have any residual interests in Nordic Aqua Partners or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nordic Aqua's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Nordic Aqua Trading Alerts and Improvement Suggestions
| Nordic Aqua Partners generated a negative expected return over the last 90 days | |
| The company reported the revenue of 620 K. Net Loss for the year was (27.5 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nordic Aqua Partners has accumulated about 277.35 M in cash with (21.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 36.41. |
Nordic Aqua Returns Distribution Density
The distribution of Nordic Aqua's historical returns is an attempt to chart the uncertainty of Nordic Aqua's future price movements. The chart of the probability distribution of Nordic Aqua daily returns describes the distribution of returns around its average expected value. We use Nordic Aqua Partners price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nordic Aqua returns is essential to provide solid investment advice for Nordic Aqua.
| Mean Return | -0.31 | Value At Risk | -2.75 | Potential Upside | 2.76 | Standard Deviation | 2.26 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nordic Aqua historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nordic Aqua Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nordic Aqua or Consumer Defensive sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nordic Aqua's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nordic stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | -0.5 | |
σ | Overall volatility | 2.27 | |
Ir | Information ratio | -0.2 |
Nordic Aqua Volatility Alert
Nordic Aqua Partners exhibits very low volatility with skewness of -2.39 and kurtosis of 12.28. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nordic Aqua's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nordic Aqua's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nordic Aqua Fundamentals Vs Peers
Comparing Nordic Aqua's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nordic Aqua's direct or indirect competition across all of the common fundamentals between Nordic Aqua and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nordic Aqua or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nordic Aqua's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nordic Aqua by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nordic Aqua to competition |
| Fundamentals | Nordic Aqua | Peer Average |
| Return On Equity | -0.11 | -0.31 |
| Return On Asset | -0.0451 | -0.14 |
| Current Valuation | 396.69 M | 16.62 B |
| Shares Outstanding | 10.28 M | 571.82 M |
| Shares Owned By Institutions | 7.16 % | 39.21 % |
| Price To Book | 1.13 X | 9.51 X |
| Price To Sales | 547.91 X | 11.42 X |
| Revenue | 620 K | 9.43 B |
| EBITDA | (22.59 M) | 3.9 B |
| Net Income | (27.5 M) | 570.98 M |
| Cash And Equivalents | 277.35 M | 2.7 B |
| Cash Per Share | 36.41 X | 5.01 X |
| Current Ratio | 15.84 X | 2.16 X |
| Book Value Per Share | 34.89 X | 1.93 K |
| Cash Flow From Operations | (21.93 M) | 971.22 M |
| Earnings Per Share | 7.09 X | 3.12 X |
| Target Price | 70.6 | |
| Number Of Employees | 3 | 18.84 K |
| Beta | -0.3 | -0.15 |
| Market Capitalization | 668.46 M | 19.03 B |
| Total Asset | 405.96 M | 29.47 B |
| Net Asset | 405.96 M |
Nordic Aqua Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nordic . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Nordic Aqua Buy or Sell Advice
When is the right time to buy or sell Nordic Aqua Partners? Buying financial instruments such as Nordic Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Nordic Stock
Nordic Aqua financial ratios help investors to determine whether Nordic 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 Nordic with respect to the benefits of owning Nordic Aqua security.