Nekkar Asa (Norway) Analysis
| NKR Stock | NOK 11.90 0.10 0.85% |
Nekkar Asa is undervalued with Real Value of 13.33 and Hype Value of 11.9. The main objective of Nekkar Asa stock analysis is to determine its intrinsic value, which is an estimate of what Nekkar Asa is worth, separate from its market price. There are two main types of Nekkar Asa's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Nekkar Asa's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Nekkar Asa's stock to identify patterns and trends that may indicate its future price movements.
The Nekkar Asa 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.
Nekkar |
Nekkar Stock Analysis Notes
About 58.0% of the company outstanding shares are owned by corporate insiders. The book value of Nekkar Asa was now reported as 2.99. The company last dividend was issued on the 20th of September 2019. Nekkar ASA operates in shipyard, aquaculture, renewables, and digital solutions. Nekkar ASA founded in 1966 and is headquartered in Kristiansand, Norway. NEKKAR ASA is traded on Oslo Stock Exchange in Norway. To find out more about Nekkar Asa contact Toril Eidesvik at 47 64 90 79 10 or learn more at https://www.nekkar.com.Nekkar Asa Investment Alerts
| Nekkar Asa has accumulated about 174.5 M in cash with (54.59 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.46. | |
| Roughly 58.0% of the company outstanding shares are owned by corporate insiders |
Nekkar Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 731.4 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nekkar Asa's market, we take the total number of its shares issued and multiply it by Nekkar Asa'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.Nekkar Profitablity
Nekkar Asa's profitability indicators refer to fundamental financial ratios that showcase Nekkar Asa's ability to generate income relative to its revenue or operating costs. If, let's say, Nekkar Asa is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Nekkar Asa'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 Nekkar Asa's profitability requires more research than a typical breakdown of Nekkar Asa'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 0.18 %, 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 0.21 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.21. Technical Drivers
As of the 21st of March, Nekkar Asa secures the Mean Deviation of 1.36, downside deviation of 1.38, and Risk Adjusted Performance of 0.1763. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nekkar Asa, as well as the relationship between them. Please verify Nekkar Asa maximum drawdown, and the relationship between the information ratio and downside variance to decide if Nekkar Asa is priced some-what accurately, providing market reflects its recent price of 11.9 per share.Nekkar Asa Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Nekkar Asa 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 Nekkar Asa. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Nekkar Asa Outstanding Bonds
Nekkar Asa 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. Nekkar 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 Nekkar bonds can be classified according to their maturity, which is the date when Nekkar 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.
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Nekkar Asa Predictive Daily Indicators
Nekkar Asa 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 Nekkar Asa 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.
| Accumulation Distribution | 2011.39 | |||
| Daily Balance Of Power | 0.3333 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 11.75 | |||
| Day Typical Price | 11.8 | |||
| Price Action Indicator | 0.2 | |||
| Period Momentum Indicator | 0.1 |
Nekkar Asa Forecast Models
Nekkar Asa's time-series forecasting models are one of many Nekkar Asa'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 Nekkar Asa'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.About Nekkar Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Nekkar Asa prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nekkar shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Nekkar Asa. By using and applying Nekkar Stock analysis, traders can create a robust methodology for identifying Nekkar entry and exit points for their positions.
Nekkar ASA operates in shipyard, aquaculture, renewables, and digital solutions. Nekkar ASA founded in 1966 and is headquartered in Kristiansand, Norway. NEKKAR ASA is traded on Oslo Stock Exchange in Norway.
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Other Information on Investing in Nekkar Stock
Nekkar Asa financial ratios help investors to determine whether Nekkar 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 Nekkar with respect to the benefits of owning Nekkar Asa security.