Telenor Asa Adr Stock Today
| TELNY Stock | USD 11.84 0.46 4.04% |
Performance2 of 100
| Odds Of DistressLess than 42
|
Telenor ASA is trading at 11.84 as of the 24th of April 2024; that is 4.04 percent up since the beginning of the trading day. The stock's open price was 11.38. Telenor ASA has about a 42 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Telenor ASA ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. Telenor ASA was founded in 1855 and is headquartered in Fornebu, Norway. Telenor ASA is traded on OTC Exchange in the United States. The company has 1.4 B outstanding shares. More on Telenor ASA ADR
Moving against Telenor Pink Sheet
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Telenor Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Telenor ASA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Telenor ASA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Stein Vellan |
| Business Concentration | Communication Services, Diversified Telecommunication Services, Telecom Services, Communication Services (View all Sectors) |
Telenor ASA ADR [TELNY] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Large-Cap' category with a current market capitalization of 15.93 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Telenor ASA's market, we take the total number of its shares issued and multiply it by Telenor 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. Telenor ASA ADR classifies itself under Diversified Telecommunication Services sector and is part of Communication Services industry. The entity has 1.4 B outstanding shares.
Telenor ASA ADR has accumulated about 16.22 B in cash with 42.27 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.63.
Check Telenor ASA Probability Of Bankruptcy
Telenor Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Telenor ASA jumping above the current price in 90 days from now is near 1%. The Telenor ASA ADR probability density function shows the probability of Telenor ASA pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Telenor ASA has a beta of 0.6336. This usually implies as returns on the market go up, Telenor ASA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Telenor ASA ADR will be expected to be much smaller as well. Additionally, telenor ASA ADR has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Telenor ASA to move above the current price in 90 days from now is near 1 (This Telenor ASA ADR probability density function shows the probability of Telenor Pink Sheet to fall within a particular range of prices over 90 days) .
Telenor ASA ADR Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Telenor ASA market risk premium is the additional return an investor will receive from holding Telenor 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 Telenor 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 Telenor ASA's alpha and beta are two of the key measurements used to evaluate Telenor ASA's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9973 | |||
| Semi Deviation | 1.1 | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.56 |
Telenor Stock Against Markets
Picking the right benchmark for Telenor ASA pink sheet 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 Telenor ASA pink sheet 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 Telenor ASA is critical whether you are bullish or bearish towards Telenor ASA ADR at a given time. Please also check how Telenor ASA's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Telenor 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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Telenor ASA Corporate Directors
Telenor ASA corporate directors refer to members of a Telenor ASA board of directors. The board of directors generally takes responsibility for the Telenor 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 Telenor ASA's board members must vote for the resolution. The Telenor ASA board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ase Selfjord | Director, Employee Representative | Profile | |
| Jorgen Kildahl | Director | Profile | |
| Esben Smistad | Director, Employee Representative | Profile | |
| Rene Obermann | Director | Profile |
How to buy Telenor Pink Sheet?
Before investing in Telenor 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 Telenor ASA. To buy Telenor ASA stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Telenor 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 Telenor ASA stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Telenor ASA ADR 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 Telenor ASA ADR 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 Telenor ASA ADR, 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 Telenor ASA ADR?
The danger of trading Telenor ASA ADR 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 Telenor 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 Telenor ASA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Telenor ASA ADR 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Telenor ASA ADR. 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Telenor Pink Sheet analysis
When running Telenor ASA's price analysis, check to measure Telenor 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 Telenor ASA is operating at the current time. Most of Telenor ASA's value examination focuses on studying past and present price action to predict the probability of Telenor 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 Telenor ASA's price. Additionally, you may evaluate how the addition of Telenor ASA to your portfolios can decrease your overall portfolio volatility.
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