Constellium SE Q3 2024 Earnings Call Highlights Navigating Challenges Amid Market Headwinds
NHYDYDelisted Stock | USD 8.01 0.13 1.60% |
Slightly above 62% of Norsk Hydro's investor base is looking to short. The analysis of overall sentiment of trading Norsk Hydro ASA otc stock suggests that many investors are alarmed at this time. Norsk Hydro's investing sentiment can be driven by a variety of factors including economic data, Norsk Hydro's earnings reports, geopolitical events, and overall market trends.
Norsk |
Revenue EUR1.6 billion, down 5 percent year-over-year.Net Income EUR3 million, compared to EUR64 million in the previous year.Adjusted EBITDA EUR110 million, inclu
Read at gurufocus.com
Norsk Hydro Fundamental Analysis
We analyze Norsk Hydro's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Norsk Hydro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Norsk Hydro based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Per Share
Cash Per Share Comparative Analysis
Norsk Hydro is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Norsk Hydro ASA Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Norsk Hydro otc stock to make a market-neutral strategy. Peer analysis of Norsk Hydro could also be used in its relative valuation, which is a method of valuing Norsk Hydro by comparing valuation metrics with similar companies.
Peers
Norsk Hydro Related Equities
AA | Alcoa Corp | 1.20 | ||||
CSTM | Constellium | 0.08 | ||||
CHHQF | China Hongqiao | 0.00 | ||||
KALU | Kaiser Aluminum | 0.47 | ||||
CENX | Century Aluminum | 0.91 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in unemployment. Note that the Norsk Hydro ASA information on this page should be used as a complementary analysis to other Norsk Hydro's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Other Consideration for investing in Norsk OTC Stock
If you are still planning to invest in Norsk Hydro ASA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Norsk Hydro's history and understand the potential risks before investing.
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume |