Edda Wind (Norway) Analysis

EWIND Stock   17.50  0.20  1.16%   
Edda Wind ASA is overvalued with Real Value of 14.79 and Hype Value of 17.5. The main objective of Edda Wind stock analysis is to determine its intrinsic value, which is an estimate of what Edda Wind ASA is worth, separate from its market price. There are two main types of Edda Wind's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Edda Wind's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Edda Wind's stock to identify patterns and trends that may indicate its future price movements.
The Edda Wind stock is traded in Norway on Oslo Stock Exchange, with the market opening at 09:00:00 and closing at 16:20:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Norway. Edda Wind is usually not traded on Christmas Eve, Christmas Day, Boxing Day, New Year 's Day, Maundy Thursday, Good Friday, Easter Sunday, Easter Monday, International Workers ' Day, ConstitutionDay. Edda Stock trading window is adjusted to Europe/Oslo timezone.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edda Wind ASA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Edda Stock Analysis Notes

About 70.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.83. Some equities with similar Price to Book (P/B) outperform the market in the long run. Edda Wind ASA had not issued any dividends in recent years. To learn more about Edda Wind ASA call the company at 47 52 70 45 45 or check out https://eddawind.com.

Edda Wind ASA Investment Alerts

Edda Wind ASA generated a negative expected return over the last 90 days
About 70.0% of the company shares are held by company insiders

Edda Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.74 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Edda Wind's market, we take the total number of its shares issued and multiply it by Edda Wind's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Edda Profitablity

Edda Wind's profitability indicators refer to fundamental financial ratios that showcase Edda Wind's ability to generate income relative to its revenue or operating costs. If, let's say, Edda Wind is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Edda Wind's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Edda Wind's profitability requires more research than a typical breakdown of Edda Wind's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.07 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.08 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.08.

Technical Drivers

As of the 23rd of March, Edda Wind shows the Mean Deviation of 1.48, coefficient of variation of (1,523), and Standard Deviation of 2.24. Edda Wind ASA technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Edda Wind ASA Price Movement Analysis

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The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Edda Wind middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Edda Wind ASA. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Edda Wind Outstanding Bonds

Edda Wind issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Edda Wind ASA uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Edda bonds can be classified according to their maturity, which is the date when Edda Wind ASA has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Edda Wind Predictive Daily Indicators

Edda Wind intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Edda Wind stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Edda Wind Forecast Models

Edda Wind's time-series forecasting models are one of many Edda Wind's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Edda Wind's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Edda Wind to your portfolios without increasing risk or reducing expected return.

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Other Information on Investing in Edda Stock

Edda Wind financial ratios help investors to determine whether Edda 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 Edda with respect to the benefits of owning Edda Wind security.