Ice Fish (Norway) Performance
| IFISH Stock | NOK 31.00 1.60 5.44% |
On a scale of 0 to 100, Ice Fish holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Ice Fish's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ice Fish is expected to be smaller as well. Please check Ice Fish's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Ice Fish's current trending patterns will revert.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Ice Fish Farm are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Ice Fish displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 226.7 M | |
| Total Cashflows From Investing Activities | -302.9 M |
Ice |
Ice Fish Relative Risk vs. Return Landscape
If you would invest 2,400 in Ice Fish Farm on September 2, 2024 and sell it today you would earn a total of 700.00 from holding Ice Fish Farm or generate 29.17% return on investment over 90 days. Ice Fish Farm is generating 0.5243% of daily returns and assumes 5.3158% volatility on return distribution over the 90 days horizon. Simply put, 47% of stocks are less volatile than Ice, and 90% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ice Fish Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ice Fish's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ice Fish Farm, and traders can use it to determine the average amount a Ice Fish'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 = 0.0986
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | IFISH | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.32 actual daily | 47 53% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Ice Fish is performing at about 7% 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 Ice Fish by adding it to a well-diversified portfolio.
Ice Fish Fundamentals Growth
Ice Stock prices reflect investors' perceptions of the future prospects and financial health of Ice Fish, and Ice Fish 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 Ice Stock performance.
| Return On Equity | -0.0199 | |||
| Return On Asset | -0.019 | |||
| Profit Margin | (0.07) % | |||
| Operating Margin | (0.16) % | |||
| Current Valuation | 3.73 B | |||
| Shares Outstanding | 91.53 M | |||
| Price To Earning | 86.39 X | |||
| Price To Book | 1.10 X | |||
| Price To Sales | 4.75 X | |||
| Revenue | 322.76 M | |||
| EBITDA | 82.87 M | |||
| Cash And Equivalents | 91.47 M | |||
| Cash Per Share | 1.69 X | |||
| Total Debt | 421.61 M | |||
| Debt To Equity | 0.32 % | |||
| Book Value Per Share | 26.33 X | |||
| Cash Flow From Operations | 1.3 M | |||
| Earnings Per Share | 0.17 X | |||
| Total Asset | 1.71 B | |||
About Ice Fish Performance
By examining Ice Fish's fundamental ratios, stakeholders can obtain critical insights into Ice Fish'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 Ice Fish 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.
The company was incorporated in 2020 and is headquartered in Seltjarnarnes, Iceland. ICE FISH is traded on Oslo Stock Exchange in Norway.Things to note about Ice Fish Farm performance evaluation
Checking the ongoing alerts about Ice Fish for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ice Fish Farm help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ice Fish Farm is way too risky over 90 days horizon | |
| Ice Fish Farm appears to be risky and price may revert if volatility continues | |
| About 50.0% of the company shares are held by company insiders |
- Analyzing Ice Fish'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 Ice Fish's stock is overvalued or undervalued compared to its peers.
- Examining Ice Fish'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 Ice Fish's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ice Fish's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ice Fish's stock. These opinions can provide insight into Ice Fish's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Ice Stock
Ice Fish financial ratios help investors to determine whether Ice 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 Ice with respect to the benefits of owning Ice Fish security.