Norske Skog (Norway) Analysis
| NSKOG Stock | NOK 23.32 1.22 4.97% |
Norske Skog Asa is fairly valued with Real Value of 23.72 and Hype Value of 24.54. The main objective of Norske Skog stock analysis is to determine its intrinsic value, which is an estimate of what Norske Skog Asa is worth, separate from its market price. There are two main types of Norske Skog's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Norske Skog's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Norske Skog's stock to identify patterns and trends that may indicate its future price movements.
The Norske Skog 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. Norske Skog 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. Norske Stock trading window is adjusted to Europe/Oslo timezone.
Norske |
Norske Stock Analysis Notes
About 21.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.25. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Norske Skog Asa recorded earning per share (EPS) of 20.09. The entity last dividend was issued on the 31st of August 2020. Norske Skog ASA produces and sells newsprint and magazine paper primarily in Europe and Australasia. The company was founded in 1962 and is headquartered in Oslo, Norway. NORSKE SKOG is traded on Oslo Stock Exchange in Norway. To find out more about Norske Skog Asa contact Sven Ombudstvedt at 47 22 51 20 20 or learn more at https://www.norskeskog.com.Norske Skog Asa Investment Alerts
| Norske Skog Asa had very high historical volatility over the last 90 days | |
| Norske Skog Asa has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 9.85 B. Net Loss for the year was (363 M) with profit before overhead, payroll, taxes, and interest of 3.39 B. | |
| About 21.0% of the company outstanding shares are owned by corporate insiders |
Norske Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.46 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Norske Skog's market, we take the total number of its shares issued and multiply it by Norske Skog'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.Norske Profitablity
Norske Skog's profitability indicators refer to fundamental financial ratios that showcase Norske Skog's ability to generate income relative to its revenue or operating costs. If, let's say, Norske Skog is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Norske Skog'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 Norske Skog's profitability requires more research than a typical breakdown of Norske Skog'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 0.14 %, 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 0.14 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.14. Technical Drivers
As of the 24th of March, Norske Skog secures the Mean Deviation of 2.85, risk adjusted performance of 0.0289, and Downside Deviation of 4.34. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Norske Skog Asa, as well as the relationship between them.Norske Skog Asa Price Movement Analysis
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Norske Skog Outstanding Bonds
Norske Skog 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. Norske Skog 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 Norske bonds can be classified according to their maturity, which is the date when Norske Skog 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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Norske Skog Predictive Daily Indicators
Norske Skog 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 Norske Skog 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 | 14305.67 | |||
| Daily Balance Of Power | (0.61) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 24.04 | |||
| Day Typical Price | 23.8 | |||
| Price Action Indicator | (1.33) | |||
| Period Momentum Indicator | (1.22) |
Norske Skog Forecast Models
Norske Skog's time-series forecasting models are one of many Norske Skog'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 Norske Skog'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 Norske Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Norske Skog 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 Norske 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 Norske Skog. By using and applying Norske Stock analysis, traders can create a robust methodology for identifying Norske entry and exit points for their positions.
Norske Skog ASA produces and sells newsprint and magazine paper primarily in Europe and Australasia. The company was founded in 1962 and is headquartered in Oslo, Norway. NORSKE SKOG is traded on Oslo Stock Exchange in Norway.
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Other Information on Investing in Norske Stock
Norske Skog financial ratios help investors to determine whether Norske 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 Norske with respect to the benefits of owning Norske Skog security.