Solstad Offsho (Norway) Performance
| SOFF Stock | NOK 41.94 0.74 1.80% |
On a scale of 0 to 100, Solstad Offsho holds a performance score of 5. The entity has a beta of 0.84, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Solstad Offsho's returns are expected to increase less than the market. However, during the bear market, the loss of holding Solstad Offsho is expected to be smaller as well. Please check Solstad Offsho's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Solstad Offsho's existing price patterns will revert.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Solstad Offsho are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite quite weak essential indicators, Solstad Offsho disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2.4 B | |
| Total Cashflows From Investing Activities | -23.5 M |
Solstad |
Solstad Offsho Relative Risk vs. Return Landscape
If you would invest 3,714 in Solstad Offsho on September 2, 2024 and sell it today you would earn a total of 480.00 from holding Solstad Offsho or generate 12.92% return on investment over 90 days. Solstad Offsho is generating 0.2397% of daily returns and assumes 3.47% volatility on return distribution over the 90 days horizon. Simply put, 30% of stocks are less volatile than Solstad, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Solstad Offsho Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solstad Offsho's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Solstad Offsho, and traders can use it to determine the average amount a Solstad Offsho'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 = 0.0691
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Estimated Market Risk
| 3.47 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Solstad Offsho 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 Solstad Offsho by adding it to a well-diversified portfolio.
Solstad Offsho Fundamentals Growth
Solstad Stock prices reflect investors' perceptions of the future prospects and financial health of Solstad Offsho, and Solstad Offsho 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 Solstad Stock performance.
| Return On Equity | -0.9 | |||
| Return On Asset | 0.0113 | |||
| Profit Margin | (0.33) % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 23.44 B | |||
| Shares Outstanding | 77.31 M | |||
| Price To Earning | (0.29) X | |||
| Price To Book | 2.25 X | |||
| Price To Sales | 0.37 X | |||
| Revenue | 5.13 B | |||
| EBITDA | 1.24 B | |||
| Cash And Equivalents | 2.46 B | |||
| Cash Per Share | 2.74 X | |||
| Total Debt | 17.81 B | |||
| Debt To Equity | 872.20 % | |||
| Book Value Per Share | 12.46 X | |||
| Cash Flow From Operations | 1.38 B | |||
| Earnings Per Share | (13.61) X | |||
| Total Asset | 24.94 B | |||
| Current Asset | 1.77 B | |||
| Current Liabilities | 2.69 B | |||
About Solstad Offsho Performance
By examining Solstad Offsho's fundamental ratios, stakeholders can obtain critical insights into Solstad Offsho'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 Solstad Offsho 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.
Solstad Offshore ASA operates offshore service and construction vessels for renewable energy at sea and offshore petroleum industry worldwide. Solstad Offshore ASA was founded in 1964 and is headquartered in Skudeneshavn, Norway. SOLSTAD OFFSHORE operates under Oil Gas Equipment Services classification in Norway and is traded on Oslo Stock Exchange. It employs 3620 people.Things to note about Solstad Offsho performance evaluation
Checking the ongoing alerts about Solstad Offsho for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Solstad Offsho help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Solstad Offsho had very high historical volatility over the last 90 days | |
| Solstad Offsho has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Solstad Offsho has accumulated 17.81 B in total debt with debt to equity ratio (D/E) of 872.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Solstad Offsho has a current ratio of 0.1, 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 Solstad Offsho until it has trouble settling it off, either with new capital or with free cash flow. So, Solstad Offsho'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 Solstad Offsho sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Solstad to invest in growth at high rates of return. When we think about Solstad Offsho's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 5.13 B. Net Loss for the year was (1.1 B) with profit before overhead, payroll, taxes, and interest of 2.81 B. | |
| About 47.0% of Solstad Offsho outstanding shares are owned by corporate insiders |
- Analyzing Solstad Offsho'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 Solstad Offsho's stock is overvalued or undervalued compared to its peers.
- Examining Solstad Offsho'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 Solstad Offsho's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Solstad Offsho's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Solstad Offsho's stock. These opinions can provide insight into Solstad Offsho's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Solstad Stock
Solstad Offsho financial ratios help investors to determine whether Solstad 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 Solstad with respect to the benefits of owning Solstad Offsho security.