Norsk Hydro ASA Performance
The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Norsk Hydro are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Norsk Hydro ASA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong fundamental indicators, Norsk Hydro is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 17.6 B | |
| Total Cashflows From Investing Activities | -4.7 B |
Norsk |
Norsk Hydro Relative Risk vs. Return Landscape
If you would invest (100.00) in Norsk Hydro ASA on November 29, 2024 and sell it today you would earn a total of 100.00 from holding Norsk Hydro ASA or generate -100.0% return on investment over 90 days. Norsk Hydro ASA is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded otc stocks are less volatile than Norsk, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Norsk Hydro Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Norsk Hydro's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Norsk Hydro ASA, and traders can use it to determine the average amount a Norsk Hydro'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 = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| NHYDY |
Based on monthly moving average Norsk Hydro 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 Norsk Hydro by adding Norsk Hydro to a well-diversified portfolio.
Norsk Hydro Fundamentals Growth
Norsk OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Norsk Hydro, and Norsk Hydro 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 Norsk OTC Stock performance.
| Return On Equity | 0.34 | ||||
| Return On Asset | 0.19 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.27 % | ||||
| Current Valuation | 14.13 B | ||||
| Shares Outstanding | 2.04 B | ||||
| Price To Earning | 24.63 X | ||||
| Price To Book | 1.43 X | ||||
| Price To Sales | 0.07 X | ||||
| Revenue | 149.65 B | ||||
| EBITDA | 27.79 B | ||||
| Cash And Equivalents | 28.36 B | ||||
| Cash Per Share | 13.82 X | ||||
| Total Debt | 31.88 B | ||||
| Debt To Equity | 0.28 % | ||||
| Book Value Per Share | 52.21 X | ||||
| Cash Flow From Operations | 14.33 B | ||||
| Earnings Per Share | 1.48 X | ||||
| Total Asset | 174.51 B | ||||
| Current Asset | 4.34 B | ||||
| Current Liabilities | 1.99 B | ||||
Things to note about Norsk Hydro ASA performance evaluation
Checking the ongoing alerts about Norsk Hydro for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Norsk Hydro ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Norsk Hydro ASA is not yet fully synchronised with the market data | |
| Norsk Hydro ASA has some characteristics of a very speculative penny stock | |
| Norsk Hydro ASA has a very high chance of going through financial distress in the upcoming years |
- Analyzing Norsk Hydro'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 Norsk Hydro's stock is overvalued or undervalued compared to its peers.
- Examining Norsk Hydro'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 Norsk Hydro's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Norsk Hydro's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Norsk Hydro's otc stock. These opinions can provide insight into Norsk Hydro's potential for growth and whether the stock is currently undervalued or overvalued.
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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |