NKT AS (Denmark) Performance

NKT Stock  DKK 519.00  0.50  0.1%   
The company secures a Beta (Market Risk) of 0.78, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NKT AS's returns are expected to increase less than the market. However, during the bear market, the loss of holding NKT AS is expected to be smaller as well. NKT AS currently secures a risk of 2.21%. Please verify NKT AS treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to decide if NKT AS will be following its current price movements.

Risk-Adjusted Performance

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Over the last 90 days NKT AS has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, NKT AS is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Begin Period Cash Flow239.2 M
Total Cashflows From Investing Activities-225.5 M
Free Cash Flow-20 M
  

NKT AS Relative Risk vs. Return Landscape

If you would invest  52,050  in NKT AS on December 18, 2024 and sell it today you would lose (150.00) from holding NKT AS or give up 0.29% of portfolio value over 90 days. NKT AS is generating 0.0189% of daily returns assuming 2.2073% volatility of returns over the 90 days investment horizon. Simply put, 19% of all stocks have less volatile historical return distribution than NKT AS, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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Assuming the 90 days trading horizon NKT AS is expected to generate 2.58 times more return on investment than the market. However, the company is 2.58 times more volatile than its market benchmark. It trades about 0.01 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.02 per unit of risk.

NKT AS Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for NKT AS's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NKT AS, and traders can use it to determine the average amount a NKT AS'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 = 0.0086

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Estimated Market Risk

 2.21
  actual daily
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81% of assets are more volatile

Expected Return

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Most of other assets have higher returns

Risk-Adjusted Return

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Most of other assets perform better
Based on monthly moving average NKT AS 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 NKT AS by adding NKT AS to a well-diversified portfolio.

NKT AS Fundamentals Growth

NKT Stock prices reflect investors' perceptions of the future prospects and financial health of NKT AS, and NKT AS 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 NKT Stock performance.

About NKT AS Performance

By examining NKT AS's fundamental ratios, stakeholders can obtain critical insights into NKT AS'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 NKT AS 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.
NKT AS develops, manufactures, and markets cables, accessories, and solutions worldwide. NKT AS was founded in 1891 and is headquartered in Brndby, Denmark. NKT AS operates under Cables, Wires And Transmission classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 3698 people.

Things to note about NKT AS performance evaluation

Checking the ongoing alerts about NKT AS for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NKT AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Evaluating NKT AS's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate NKT AS's stock performance include:
  • Analyzing NKT AS'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 NKT AS's stock is overvalued or undervalued compared to its peers.
  • Examining NKT AS'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 NKT AS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NKT AS's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of NKT AS's stock. These opinions can provide insight into NKT AS's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating NKT AS's stock performance is not an exact science, and many factors can impact NKT AS's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in NKT Stock

NKT AS financial ratios help investors to determine whether NKT 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 NKT with respect to the benefits of owning NKT AS security.