Norske Skog (Norway) Performance
| NSKOG Stock | NOK 24.38 1.42 6.18% |
On a scale of 0 to 100, Norske Skog holds a performance score of 5. The company secures a Beta (Market Risk) of 0.0414, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Norske Skog's returns are expected to increase less than the market. However, during the bear market, the loss of holding Norske Skog is expected to be smaller as well. Please check Norske Skog's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Norske Skog's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Norske Skog Asa are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of very conflicting basic indicators, Norske Skog displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 980 M | |
| Total Cashflows From Investing Activities | -891 M |
Norske |
Norske Skog Relative Risk vs. Return Landscape
If you would invest 2,120 in Norske Skog Asa on November 28, 2024 and sell it today you would earn a total of 318.00 from holding Norske Skog Asa or generate 15.0% return on investment over 90 days. Norske Skog Asa is generating 0.3521% of daily returns and assumes 4.9986% volatility on return distribution over the 90 days horizon. Simply put, 44% of stocks are less volatile than Norske, and 93% 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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Norske Skog Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Norske Skog's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Norske Skog Asa, and traders can use it to determine the average amount a Norske Skog'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 = 0.0704
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Estimated Market Risk
| 5.0 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Norske Skog is performing at about 5% 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 Norske Skog by adding it to a well-diversified portfolio.
Norske Skog Fundamentals Growth
Norske Stock prices reflect investors' perceptions of the future prospects and financial health of Norske Skog, and Norske Skog 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 Norske Stock performance.
| Return On Equity | 0.5 | |||
| Return On Asset | 0.12 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 7.02 B | |||
| Shares Outstanding | 94.26 M | |||
| Price To Earning | 5.19 X | |||
| Price To Book | 1.25 X | |||
| Price To Sales | 0.42 X | |||
| Revenue | 9.85 B | |||
| EBITDA | 233 M | |||
| Cash And Equivalents | 1.49 B | |||
| Cash Per Share | 14.05 X | |||
| Total Debt | 2.36 B | |||
| Debt To Equity | 0.62 % | |||
| Book Value Per Share | 51.55 X | |||
| Cash Flow From Operations | 191 M | |||
| Earnings Per Share | 20.09 X | |||
| Total Asset | 9.12 B | |||
About Norske Skog Performance
By examining Norske Skog's fundamental ratios, stakeholders can obtain critical insights into Norske Skog'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 Norske Skog 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.
Norske Skog ASA produces and sells newsprint and magazine paper primarily in Europe and Australasia. The company was founded in 1962 and is headquartered in Oslo, Norway. NORSKE SKOG is traded on Oslo Stock Exchange in Norway.Things to note about Norske Skog Asa performance evaluation
Checking the ongoing alerts about Norske Skog for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Norske Skog Asa help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Norske Skog Asa had very high historical volatility over the last 90 days | |
| The company reported the revenue of 9.85 B. Net Loss for the year was (363 M) with profit before overhead, payroll, taxes, and interest of 3.39 B. | |
| About 21.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Norske Skog'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 Norske Skog's stock is overvalued or undervalued compared to its peers.
- Examining Norske Skog'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 Norske Skog's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Norske Skog's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Norske Skog's stock. These opinions can provide insight into Norske Skog's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Norske Stock
Norske Skog financial ratios help investors to determine whether Norske 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 Norske with respect to the benefits of owning Norske Skog security.