Dno ASA (Norway) Today
| DNO Stock | NOK 10.48 0.08 0.76% |
Performance11 of 100
| Odds Of DistressLess than 9
|
Dno ASA is selling for 10.48 as of the 23rd of April 2024. This is a -0.76% down since the beginning of the trading day. The stock's lowest day price was 10.33. Dno ASA has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Dno ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East and North Africa. The company was founded in 1971 and is headquartered in Oslo, Norway. DNO ASA operates under Oil Gas EP classification in Norway and is traded on Oslo Stock Exchange. The company has 1 B outstanding shares. More on Dno ASA
Moving together with Dno Stock
| 0.73 | SOGN | Sogn Sparebank | PairCorr |
| 0.64 | SKUE | Skue Sparebank | PairCorr |
| 0.62 | ROMER | Romerike Sparebank | PairCorr |
| 0.66 | NISB | Nidaros Sparebank | PairCorr |
Follow Valuation Odds of Bankruptcy
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Dno Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Dno ASA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dno ASA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Bijan MossavarRahmani |
| Business Concentration | Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) |
Dno ASA (DNO) is traded on Oslo Stock Exchange in Norway and employs 19 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 11.97 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dno ASA's market, we take the total number of its shares issued and multiply it by Dno 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. Dno ASA operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 1 B outstanding shares.
Dno ASA has accumulated about 720.8 M in cash with 728.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25.
Check Dno ASA Probability Of Bankruptcy
Ownership AllocationDno ASA holds a total of 1 Billion outstanding shares. Dno ASA retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Dno Ownership Details
Dno Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Dno ASA jumping above the current price in 90 days from now is nearly 4.67%. The Dno ASA probability density function shows the probability of Dno ASA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Dno ASA has a beta of -0.8534 suggesting Additionally, dno ASA has an alpha of 0.2042, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Dno ASA to move above the current price in 90 days from now is nearly 4.67 (This Dno ASA probability density function shows the probability of Dno Stock to fall within a particular range of prices over 90 days) .
Dno ASA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Dno ASA market risk premium is the additional return an investor will receive from holding Dno ASA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Dno ASA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Dno ASA's alpha and beta are two of the key measurements used to evaluate Dno ASA's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.36 | |||
| Semi Deviation | 1.62 | |||
| Standard Deviation | 1.77 | |||
| Variance | 3.12 |
Dno Stock Against Markets
Picking the right benchmark for Dno ASA stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Dno ASA stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Dno ASA is critical whether you are bullish or bearish towards Dno ASA at a given time. Please also check how Dno ASA's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Dno ASA without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Dno ASA Corporate Directors
Dno ASA corporate directors refer to members of a Dno ASA board of directors. The board of directors generally takes responsibility for the Dno ASA's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Dno ASA's board members must vote for the resolution. The Dno ASA board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Elin Karfjell | Director | Profile | |
| James Edens | Commercial Director | Profile | |
| Nicholas Whiteley | Exploration Director | Profile | |
| Gunnar Hirsti | Director | Profile |
How to buy Dno Stock?
Before investing in Dno ASA, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Dno ASA. To buy Dno ASA stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Dno ASA. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Dno ASA stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Dno ASA stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Dno ASA stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Dno ASA, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Dno ASA?
The danger of trading Dno ASA is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Dno ASA is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Dno ASA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dno ASA is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dno ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Dno Stock analysis
When running Dno ASA's price analysis, check to measure Dno 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 Dno ASA is operating at the current time. Most of Dno ASA's value examination focuses on studying past and present price action to predict the probability of Dno 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 Dno ASA's price. Additionally, you may evaluate how the addition of Dno ASA to your portfolios can decrease your overall portfolio volatility.
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