Reach Subsea (Norway) Today
REACH Stock | NOK 5.96 0.08 1.36% |
Performance21 of 100
| Odds Of DistressLess than 9
|
Reach Subsea is selling at 5.96 as of the 17th of April 2024; that is 1.36 percent increase since the beginning of the trading day. The stock's open price was 5.88. Reach Subsea has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Reach Subsea are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of January 2024 and ending today, the 17th of April 2024. Click here to learn more.
The company offers inspection, maintenance, and repair services and remotely operated vehicles, survey, and construction services. Reach Subsea ASA was founded in 2008 and is based in Haugesund, Norway. REACH SUBSEA operates under Engineering And Technical Services classification in Norway and is traded on Oslo Stock Exchange. The company has 225.72 M outstanding shares. More on Reach Subsea
Moving against Reach Stock
0.81 | ARR | Arribatec Solutions ASA | PairCorr |
0.69 | WEST | Western Bulk Chartering | PairCorr |
0.62 | ADS | ADS Maritime Holding | PairCorr |
0.47 | MPCC | MPC Container Ships | PairCorr |
Follow Valuation Odds of Bankruptcy
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Reach 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. Reach Subsea's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Reach Subsea or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO MD | Jostein Alendal |
Business Concentration | Energy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors) |
Reach Subsea (REACH) is traded on Oslo Stock Exchange in Norway and employs 128 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.09 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Reach Subsea's market, we take the total number of its shares issued and multiply it by Reach Subsea'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. Reach Subsea operates under Energy Equipment & Services sector and is part of Energy industry. The entity has 225.72 M outstanding shares.
Reach Subsea has accumulated about 149.03 M in cash with 279.21 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.51.
Check Reach Subsea Probability Of Bankruptcy
Ownership AllocationReach Subsea has a total of 225.72 Million outstanding shares. Reach Subsea holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 80.5 pct. of Reach Subsea outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Reach Ownership Details
Reach Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Reach Subsea jumping above the current price in 90 days from now is about 9.03%. The Reach Subsea probability density function shows the probability of Reach Subsea stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Reach Subsea has a beta of -0.1092 indicating as returns on the benchmark increase, returns on holding Reach Subsea are expected to decrease at a much lower rate. During a bear market, however, Reach Subsea is likely to outperform the market. Additionally, reach Subsea has an alpha of 0.4634, implying that it can generate a 0.46 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Reach Subsea to move above the current price in 90 days from now is about 9.03 (This Reach Subsea probability density function shows the probability of Reach Stock to fall within a particular range of prices over 90 days) .
Reach Subsea Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Reach Subsea market risk premium is the additional return an investor will receive from holding Reach Subsea 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 Reach Subsea. 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 Reach Subsea's alpha and beta are two of the key measurements used to evaluate Reach Subsea's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 1.48 | |||
Semi Deviation | 1.03 | |||
Standard Deviation | 1.9 | |||
Variance | 3.62 |
Reach Stock Against Markets
Picking the right benchmark for Reach Subsea 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 Reach Subsea 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 Reach Subsea is critical whether you are bullish or bearish towards Reach Subsea at a given time. Please also check how Reach Subsea'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 Reach Subsea 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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Reach Subsea Corporate Directors
Reach Subsea corporate directors refer to members of a Reach Subsea board of directors. The board of directors generally takes responsibility for the Reach Subsea'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 Reach Subsea's board members must vote for the resolution. The Reach Subsea board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Martha Bakkevig | Director | Profile | |
Sverre Mikkelsen | Director | Profile | |
Merete Haugli | Director | Profile | |
Kristine Skeie | Director | Profile |
How to buy Reach Stock?
Before investing in Reach Subsea, 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 Reach Subsea. To buy Reach Subsea stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Reach Subsea. 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 Reach Subsea stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Reach Subsea 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 Reach Subsea 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 Reach Subsea, 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 Reach Subsea?
The danger of trading Reach Subsea 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 Reach Subsea 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 Reach Subsea. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Reach Subsea 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reach Subsea. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Reach Subsea information on this page should be used as a complementary analysis to other Reach Subsea's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Reach Stock analysis
When running Reach Subsea's price analysis, check to measure Reach Subsea'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 Reach Subsea is operating at the current time. Most of Reach Subsea's value examination focuses on studying past and present price action to predict the probability of Reach Subsea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reach Subsea's price. Additionally, you may evaluate how the addition of Reach Subsea to your portfolios can decrease your overall portfolio volatility.
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