Andfjord Salmon (Norway) Market Value

ANDF Stock  NOK 35.70  0.60  1.65%   
Andfjord Salmon's market value is the price at which a share of Andfjord Salmon trades on a public exchange. It measures the collective expectations of Andfjord Salmon AS investors about its performance. Andfjord Salmon is selling for 35.70 as of the 2nd of March 2025. This is a 1.65 percent down since the beginning of the trading day. The stock's lowest day price was 35.7.
With this module, you can estimate the performance of a buy and hold strategy of Andfjord Salmon AS and determine expected loss or profit from investing in Andfjord Salmon over a given investment horizon. Check out Andfjord Salmon Correlation, Andfjord Salmon Volatility and Andfjord Salmon Alpha and Beta module to complement your research on Andfjord Salmon.
Symbol

Please note, there is a significant difference between Andfjord Salmon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Andfjord Salmon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Andfjord Salmon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Andfjord Salmon 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Andfjord Salmon's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Andfjord Salmon.
0.00
01/31/2025
No Change 0.00  0.0 
In 31 days
03/02/2025
0.00
If you would invest  0.00  in Andfjord Salmon on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Andfjord Salmon AS or generate 0.0% return on investment in Andfjord Salmon over 30 days. Andfjord Salmon is related to or competes with Salmon Evolution, Atlantic Sapphire, Nordic Aqua, Grieg Seafood, and Austevoll Seafood. Andfjord Salmon AS engages in the shore based farming of Atlantic salmon More

Andfjord Salmon Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Andfjord Salmon's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Andfjord Salmon AS upside and downside potential and time the market with a certain degree of confidence.

Andfjord Salmon Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Andfjord Salmon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Andfjord Salmon's standard deviation. In reality, there are many statistical measures that can use Andfjord Salmon historical prices to predict the future Andfjord Salmon's volatility.
Hype
Prediction
LowEstimatedHigh
34.0835.7037.32
Details
Intrinsic
Valuation
LowRealHigh
27.6529.2739.27
Details
Naive
Forecast
LowNextHigh
32.6034.2235.84
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
36.1938.7941.39
Details

Andfjord Salmon AS Backtested Returns

Andfjord Salmon AS secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13 % return per unit of standard deviation over the last 3 months. Andfjord Salmon AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Andfjord Salmon's risk adjusted performance of (0.07), and Mean Deviation of 1.15 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0566, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Andfjord Salmon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Andfjord Salmon is expected to be smaller as well. At this point, Andfjord Salmon AS has a negative expected return of -0.21%. Please make sure to confirm Andfjord Salmon's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Andfjord Salmon AS performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.19  

Insignificant reverse predictability

Andfjord Salmon AS has insignificant reverse predictability. Overlapping area represents the amount of predictability between Andfjord Salmon time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Andfjord Salmon AS price movement. The serial correlation of -0.19 indicates that over 19.0% of current Andfjord Salmon price fluctuation can be explain by its past prices.
Correlation Coefficient-0.19
Spearman Rank Test-0.12
Residual Average0.0
Price Variance2.65

Andfjord Salmon AS lagged returns against current returns

Autocorrelation, which is Andfjord Salmon stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Andfjord Salmon's stock expected returns. We can calculate the autocorrelation of Andfjord Salmon returns to help us make a trade decision. For example, suppose you find that Andfjord Salmon has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Andfjord Salmon regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Andfjord Salmon stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Andfjord Salmon stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Andfjord Salmon stock over time.
   Current vs Lagged Prices   
       Timeline  

Andfjord Salmon Lagged Returns

When evaluating Andfjord Salmon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Andfjord Salmon stock have on its future price. Andfjord Salmon autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Andfjord Salmon autocorrelation shows the relationship between Andfjord Salmon stock current value and its past values and can show if there is a momentum factor associated with investing in Andfjord Salmon AS.
   Regressed Prices   
       Timeline  

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Andfjord Stock

Andfjord Salmon financial ratios help investors to determine whether Andfjord 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 Andfjord with respect to the benefits of owning Andfjord Salmon security.