Nordic Semiconductor (Norway) Performance
| NOD Stock | NOK 98.94 0.56 0.56% |
The company secures a Beta (Market Risk) of 0.95, which conveys possible diversification benefits within a given portfolio. Nordic Semiconductor returns are very sensitive to returns on the market. As the market goes up or down, Nordic Semiconductor is expected to follow. At this point, Nordic Semiconductor ASA has a negative expected return of -0.46%. Please make sure to verify Nordic Semiconductor's daily balance of power, and the relationship between the skewness and day typical price , to decide if Nordic Semiconductor ASA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Nordic Semiconductor ASA has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's fundamental indicators remain quite persistent which may send shares a bit higher in December 2024. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
| Begin Period Cash Flow | 279.3 M | |
| Total Cashflows From Investing Activities | -30.6 M |
Nordic |
Nordic Semiconductor Relative Risk vs. Return Landscape
If you would invest 13,970 in Nordic Semiconductor ASA on August 31, 2024 and sell it today you would lose (4,076) from holding Nordic Semiconductor ASA or give up 29.18% of portfolio value over 90 days. Nordic Semiconductor ASA is producing return of less than zero assuming 3.6319% volatility of returns over the 90 days investment horizon. Simply put, 32% of all stocks have less volatile historical return distribution than Nordic Semiconductor, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Nordic Semiconductor Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nordic Semiconductor's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nordic Semiconductor ASA, and traders can use it to determine the average amount a Nordic Semiconductor'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 = -0.1255
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| Negative Returns | NOD |
Estimated Market Risk
| 3.63 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.46 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nordic Semiconductor 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 Nordic Semiconductor by adding Nordic Semiconductor to a well-diversified portfolio.
Nordic Semiconductor Fundamentals Growth
Nordic Stock prices reflect investors' perceptions of the future prospects and financial health of Nordic Semiconductor, and Nordic Semiconductor 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 Nordic Stock performance.
| Return On Equity | 0.23 | |||
| Return On Asset | 0.15 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.21 % | |||
| Current Valuation | 32.05 B | |||
| Shares Outstanding | 190.96 M | |||
| Price To Book | 6.47 X | |||
| Price To Sales | 44.53 X | |||
| Revenue | 776.73 M | |||
| EBITDA | 180.85 M | |||
| Cash And Equivalents | 379.1 M | |||
| Cash Per Share | 0.50 X | |||
| Total Debt | 14.86 M | |||
| Debt To Equity | 9.80 % | |||
| Book Value Per Share | 3.05 X | |||
| Cash Flow From Operations | 142.71 M | |||
| Earnings Per Share | 6.26 X | |||
| Total Asset | 776.24 M | |||
| Current Asset | 120 M | |||
| Current Liabilities | 43 M | |||
About Nordic Semiconductor Performance
By examining Nordic Semiconductor's fundamental ratios, stakeholders can obtain critical insights into Nordic Semiconductor'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 Nordic Semiconductor 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.
Nordic Semiconductor ASA, a fabless semiconductor company, designs, develops, and sells integrated circuits and related solutions for short and long range wireless communication in Europe, the Americas, and the AsiaPacific. Nordic Semiconductor ASA was founded in 1983 and is headquartered in Trondheim, Norway. NORDIC SEMICONDUCT operates under Electronic Components classification in Norway and is traded on Oslo Stock Exchange. It employs 717 people.Things to note about Nordic Semiconductor ASA performance evaluation
Checking the ongoing alerts about Nordic Semiconductor for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nordic Semiconductor ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nordic Semiconductor generated a negative expected return over the last 90 days | |
| Nordic Semiconductor has high historical volatility and very poor performance | |
| About 60.0% of the company shares are owned by institutional investors |
- Analyzing Nordic Semiconductor'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 Nordic Semiconductor's stock is overvalued or undervalued compared to its peers.
- Examining Nordic Semiconductor'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 Nordic Semiconductor's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nordic Semiconductor's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nordic Semiconductor's stock. These opinions can provide insight into Nordic Semiconductor's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nordic Stock
Nordic Semiconductor financial ratios help investors to determine whether Nordic 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 Nordic with respect to the benefits of owning Nordic Semiconductor security.