Tomra Systems Asa Stock Performance

TMRAF Stock  USD 14.76  0.49  3.21%   
Tomra Systems has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tomra Systems are expected to decrease at a much lower rate. During the bear market, Tomra Systems is likely to outperform the market. Tomra Systems ASA right now has a risk of 2.78%. Please validate Tomra Systems sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to decide if Tomra Systems will be following its existing price patterns.

Risk-Adjusted Performance

Weak

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Tomra Systems ASA are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, Tomra Systems is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Begin Period Cash Flow532.1 M
Total Cashflows From Investing Activities-448.7 M
Free Cash Flow1.8 B
  

Tomra Systems Relative Risk vs. Return Landscape

If you would invest  1,436  in Tomra Systems ASA on December 2, 2024 and sell it today you would earn a total of  40.00  from holding Tomra Systems ASA or generate 2.79% return on investment over 90 days. Tomra Systems ASA is currently producing 0.081% returns and takes up 2.7829% volatility of returns over 90 trading days. Put another way, 24% of traded pink sheets are less volatile than Tomra, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Tomra Systems is expected to generate 3.74 times more return on investment than the market. However, the company is 3.74 times more volatile than its market benchmark. It trades about 0.03 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.04 per unit of risk.

Tomra Systems Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tomra Systems' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Tomra Systems ASA, and traders can use it to determine the average amount a Tomra Systems' 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 = 0.0291

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskTMRAFHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.78
  actual daily
24
76% of assets are more volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Tomra Systems is performing at about 2% 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 Tomra Systems by adding it to a well-diversified portfolio.

Tomra Systems Fundamentals Growth

Tomra Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Tomra Systems, and Tomra Systems 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 Tomra Pink Sheet performance.

About Tomra Systems Performance

By analyzing Tomra Systems' fundamental ratios, stakeholders can gain valuable insights into Tomra Systems' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Tomra Systems has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Tomra Systems has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. The company was founded in 1972 and is headquartered in Asker, Norway. TOMRA SYSTEMS operates under Waste Management classification in the United States and is traded on OTC Exchange. It employs 4600 people.

Things to note about Tomra Systems ASA performance evaluation

Checking the ongoing alerts about Tomra Systems for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Tomra Systems ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 84.0% of the company shares are owned by institutional investors
Evaluating Tomra Systems' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Tomra Systems' pink sheet performance include:
  • Analyzing Tomra Systems' 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 Tomra Systems' stock is overvalued or undervalued compared to its peers.
  • Examining Tomra Systems' 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 Tomra Systems' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tomra Systems' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Tomra Systems' pink sheet. These opinions can provide insight into Tomra Systems' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Tomra Systems' pink sheet performance is not an exact science, and many factors can impact Tomra Systems' pink sheet market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for Tomra Pink Sheet analysis

When running Tomra Systems' price analysis, check to measure Tomra Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tomra Systems is operating at the current time. Most of Tomra Systems' value examination focuses on studying past and present price action to predict the probability of Tomra Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tomra Systems' price. Additionally, you may evaluate how the addition of Tomra Systems to your portfolios can decrease your overall portfolio volatility.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins