Telenor ASA Gross Profit vs. Cash Per Share

TELNY Stock  USD 11.39  0.14  1.24%   
Based on the key profitability measurements obtained from Telenor ASA's financial statements, Telenor ASA ADR may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Telenor ASA's ability to earn profits and add value for shareholders.
For Telenor ASA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Telenor ASA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Telenor ASA ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Telenor ASA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Telenor ASA ADR over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Telenor ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telenor ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telenor ASA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Telenor ASA ADR Cash Per Share vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Telenor ASA's current stock value. Our valuation model uses many indicators to compare Telenor ASA value to that of its competitors to determine the firm's financial worth.
Telenor ASA ADR is currently regarded as top stock in gross profit category among its peers. It also is currently regarded as top stock in cash per share category among its peers . The ratio of Gross Profit to Cash Per Share for Telenor ASA ADR is about  5,378,417,885 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Telenor ASA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Telenor ASA's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Telenor Cash Per Share vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Telenor ASA

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
62.55 B
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Telenor ASA

Cash Per Share

 = 

Total Cash

Average Shares

 = 
11.63 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.

Telenor Cash Per Share Comparison

Telenor ASA is currently under evaluation in cash per share category among its peers.

Telenor ASA Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Telenor ASA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Telenor ASA will eventually generate negative long term returns. The profitability progress is the general direction of Telenor ASA's change in net profit over the period of time. It can combine multiple indicators of Telenor ASA, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. Telenor ASA was founded in 1855 and is headquartered in Fornebu, Norway. Telenor ASA is traded on OTC Exchange in the United States.

Telenor Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Telenor ASA. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Telenor ASA position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Telenor ASA's important profitability drivers and their relationship over time.

Use Telenor ASA in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Telenor ASA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Telenor ASA will appreciate offsetting losses from the drop in the long position's value.

Telenor ASA Pair Trading

Telenor ASA ADR Pair Trading Analysis

The ability to find closely correlated positions to Telenor ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Telenor ASA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Telenor ASA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Telenor ASA ADR to buy it.
The correlation of Telenor ASA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Telenor ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telenor ASA ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Telenor ASA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Telenor ASA position

In addition to having Telenor ASA in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Oil And Gas Thematic Idea Now

Oil And Gas
Oil And Gas Theme
Companies involved in drilling, production, and distribution of oil and gas pipelines. The Oil And Gas theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Oil And Gas Theme or any other thematic opportunities.
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Additional Tools for Telenor Pink Sheet Analysis

When running Telenor ASA's price analysis, check to measure Telenor ASA's 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 Telenor ASA is operating at the current time. Most of Telenor ASA's value examination focuses on studying past and present price action to predict the probability of Telenor ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telenor ASA's price. Additionally, you may evaluate how the addition of Telenor ASA to your portfolios can decrease your overall portfolio volatility.