EQUINOR ASA (Brazil) Performance
| E1QN34 Stock | BRL 71.46 2.09 2.84% |
The firm shows a Beta (market volatility) of -0.0873, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning EQUINOR ASA are expected to decrease at a much lower rate. During the bear market, EQUINOR ASA is likely to outperform the market. EQUINOR ASA DRN currently shows a risk of 2.37%. Please confirm EQUINOR ASA DRN maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if EQUINOR ASA DRN will be following its price patterns.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days EQUINOR ASA DRN has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, EQUINOR ASA is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
EQUINOR |
EQUINOR ASA Relative Risk vs. Return Landscape
If you would invest 7,151 in EQUINOR ASA DRN on October 25, 2024 and sell it today you would lose (5.00) from holding EQUINOR ASA DRN or give up 0.07% of portfolio value over 90 days. EQUINOR ASA DRN is generating 0.0262% of daily returns and assumes 2.3677% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than EQUINOR, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
EQUINOR ASA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for EQUINOR ASA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as EQUINOR ASA DRN, and traders can use it to determine the average amount a EQUINOR 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 = 0.0111
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | E1QN34 |
Estimated Market Risk
| 2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average EQUINOR ASA is not performing at its full potential. However, 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 EQUINOR ASA by adding EQUINOR ASA to a well-diversified portfolio.
EQUINOR ASA Fundamentals Growth
EQUINOR Stock prices reflect investors' perceptions of the future prospects and financial health of EQUINOR ASA, and EQUINOR 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 EQUINOR Stock performance.
| Return On Equity | 0.62 | |||
| Return On Asset | 0.31 | |||
| Profit Margin | 0.19 % | |||
| Operating Margin | 0.50 % | |||
| Current Valuation | 540.05 B | |||
| Shares Outstanding | 3.12 B | |||
| Price To Book | 1.35 X | |||
| Price To Sales | 4.24 X | |||
| Revenue | 149 B | |||
| EBITDA | 83.74 B | |||
| Book Value Per Share | 17.24 X | |||
| Earnings Per Share | 48.58 X | |||
About EQUINOR ASA Performance
By analyzing EQUINOR ASA's fundamental ratios, stakeholders can gain valuable insights into EQUINOR ASA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if EQUINOR ASA has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if EQUINOR ASA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about EQUINOR ASA DRN performance evaluation
Checking the ongoing alerts about EQUINOR ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for EQUINOR ASA DRN help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating EQUINOR ASA's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate EQUINOR ASA's stock performance include:- Analyzing EQUINOR 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 EQUINOR ASA's stock is overvalued or undervalued compared to its peers.
- Examining EQUINOR 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 EQUINOR ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of EQUINOR ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of EQUINOR ASA's stock. These opinions can provide insight into EQUINOR ASA's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for EQUINOR Stock analysis
When running EQUINOR ASA's price analysis, check to measure EQUINOR ASA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EQUINOR ASA is operating at the current time. Most of EQUINOR ASA's value examination focuses on studying past and present price action to predict the probability of EQUINOR ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EQUINOR ASA's price. Additionally, you may evaluate how the addition of EQUINOR ASA to your portfolios can decrease your overall portfolio volatility.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |