Akastor ASA (Norway) Performance
| AKAST Stock | NOK 13.50 0.14 1.03% |
Akastor ASA has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Akastor ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Akastor ASA is expected to be smaller as well. Akastor ASA right now shows a risk of 1.75%. Please confirm Akastor ASA coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to decide if Akastor ASA will be following its price patterns.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Akastor ASA are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of very conflicting basic indicators, Akastor ASA may actually be approaching a critical reversion point that can send shares even higher in March 2025. ...more
| Begin Period Cash Flow | 275 M | |
| Total Cashflows From Investing Activities | 431 M |
Akastor |
Akastor ASA Relative Risk vs. Return Landscape
If you would invest 1,266 in Akastor ASA on November 29, 2024 and sell it today you would earn a total of 84.00 from holding Akastor ASA or generate 6.64% return on investment over 90 days. Akastor ASA is generating 0.1221% of daily returns and assumes 1.7501% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Akastor, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Akastor ASA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Akastor ASA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Akastor ASA, and traders can use it to determine the average amount a Akastor ASA's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0698
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | AKAST | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Akastor ASA is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Akastor ASA by adding it to a well-diversified portfolio.
Akastor ASA Fundamentals Growth
Akastor Stock prices reflect investors' perceptions of the future prospects and financial health of Akastor ASA, and Akastor ASA fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Akastor Stock performance.
| Return On Equity | -0.0149 | |||
| Return On Asset | -0.0084 | |||
| Profit Margin | 1.21 % | |||
| Operating Margin | (0.11) % | |||
| Current Valuation | 4.35 B | |||
| Shares Outstanding | 272.19 M | |||
| Price To Book | 0.56 X | |||
| Price To Sales | 2.43 X | |||
| Revenue | 913 M | |||
| EBITDA | 1.3 B | |||
| Cash And Equivalents | 258 M | |||
| Cash Per Share | 0.98 X | |||
| Total Debt | 1.44 B | |||
| Debt To Equity | 0.62 % | |||
| Book Value Per Share | 15.06 X | |||
| Cash Flow From Operations | (96 M) | |||
| Earnings Per Share | 3.26 X | |||
| Total Asset | 7.21 B | |||
About Akastor ASA Performance
By examining Akastor ASA's fundamental ratios, stakeholders can obtain critical insights into Akastor ASA's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Akastor ASA is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Akastor ASA operates as an oilfield services investment company in Norway, Germany, the United States, Brazil, Asia, rest of Europe, the Middle East, and internationally. Akastor ASA was founded in 1841 and is based in Brum, Norway. AKASTOR ASA operates under Oil Gas Equipment Services classification in Norway and is traded on Oslo Stock Exchange. It employs 1988 people.Things to note about Akastor ASA performance evaluation
Checking the ongoing alerts about Akastor ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Akastor ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Akastor ASA has high likelihood to experience some financial distress in the next 2 years | |
| Akastor ASA has accumulated about 258 M in cash with (96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.98. | |
| Roughly 61.0% of the company shares are held by company insiders |
- Analyzing Akastor ASA's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Akastor ASA's stock is overvalued or undervalued compared to its peers.
- Examining Akastor ASA's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Akastor ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Akastor ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Akastor ASA's stock. These opinions can provide insight into Akastor ASA's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Akastor Stock
Akastor ASA financial ratios help investors to determine whether Akastor 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 Akastor with respect to the benefits of owning Akastor ASA security.