Scana ASA (Norway) Performance
| SCANA Stock | NOK 2.22 0.03 1.37% |
The entity has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Scana ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Scana ASA is expected to be smaller as well. At this point, Scana ASA has a negative expected return of -0.36%. Please make sure to validate Scana ASA's skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Scana ASA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Scana ASA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of conflicting performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in April 2025. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
| Begin Period Cash Flow | 11.1 M | |
| Total Cashflows From Investing Activities | -564 K |
Scana |
Scana ASA Relative Risk vs. Return Landscape
If you would invest 280.00 in Scana ASA on December 20, 2024 and sell it today you would lose (58.00) from holding Scana ASA or give up 20.71% of portfolio value over 90 days. Scana ASA is generating negative expected returns and assumes 2.3632% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than Scana, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Scana ASA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scana ASA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Scana ASA, and traders can use it to determine the average amount a Scana ASA'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 = -0.1516
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| Negative Returns | SCANA |
Estimated Market Risk
| 2.36 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Scana ASA 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 Scana ASA by adding Scana ASA to a well-diversified portfolio.
Scana ASA Fundamentals Growth
Scana Stock prices reflect investors' perceptions of the future prospects and financial health of Scana ASA, and Scana ASA 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 Scana Stock performance.
| Return On Equity | -0.0835 | |||
| Return On Asset | -0.013 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | (0.02) % | |||
| Current Valuation | 1.09 B | |||
| Shares Outstanding | 440.58 M | |||
| Price To Earning | 3.36 X | |||
| Price To Book | 1.12 X | |||
| Price To Sales | 0.58 X | |||
| Revenue | 304.26 M | |||
| EBITDA | 16.39 M | |||
| Cash And Equivalents | 17.8 M | |||
| Cash Per Share | 0.17 X | |||
| Total Debt | 4.4 M | |||
| Debt To Equity | 0.57 % | |||
| Book Value Per Share | 1.01 X | |||
| Cash Flow From Operations | 25.06 M | |||
| Earnings Per Share | 0.08 X | |||
| Total Asset | 223.4 M | |||
About Scana ASA Performance
By examining Scana ASA's fundamental ratios, stakeholders can obtain critical insights into Scana ASA'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 Scana ASA 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.
Scana ASA, an industrial investment company, provides equipment and services to the marine industry. Scana ASA was founded in 1646 and is headquartered in Bergen, Norway. SCANA ASA operates under Industrial Distribution classification in Norway and is traded on Oslo Stock Exchange. It employs 94 people.Things to note about Scana ASA performance evaluation
Checking the ongoing alerts about Scana ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Scana ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Scana ASA generated a negative expected return over the last 90 days | |
| Scana ASA has accumulated 4.4 M in total debt with debt to equity ratio (D/E) of 0.57, which is about average as compared to similar companies. Scana ASA has a current ratio of 0.95, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Scana ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Scana ASA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Scana ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Scana to invest in growth at high rates of return. When we think about Scana ASA's use of debt, we should always consider it together with cash and equity. | |
| About 40.0% of Scana ASA outstanding shares are owned by corporate insiders |
- Analyzing Scana ASA'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 Scana ASA's stock is overvalued or undervalued compared to its peers.
- Examining Scana ASA'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 Scana ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Scana ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Scana ASA's stock. These opinions can provide insight into Scana ASA's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Scana Stock
Scana ASA financial ratios help investors to determine whether Scana 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 Scana with respect to the benefits of owning Scana ASA security.