Storebrand Asa Adr Stock Buy Hold or Sell Recommendation
SREDY Stock | USD 15.19 0.00 0.00% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Storebrand ASA ADR is 'Not Rated'. Macroaxis provides Storebrand ASA buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SREDY positions. The advice algorithm takes into account all of Storebrand ASA's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Storebrand ASA's buy or sell advice are summarized below:
Real Value 0.0 | Hype Value 0.0 | Market Value 15.19 | Naive Value 15.19 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Storebrand ASA ADR given historical horizon and risk tolerance towards Storebrand ASA. When Macroaxis issues a 'buy' or 'sell' recommendation for Storebrand ASA ADR, the advice is generated through an automated system that utilizes algorithms and statistical models.
Storebrand |
Execute Storebrand ASA Buy or Sell Advice
The Storebrand recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Storebrand ASA ADR. Macroaxis does not own or have any residual interests in Storebrand ASA ADR or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Storebrand ASA's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Not Rated
Storebrand ASA Trading Alerts and Improvement Suggestions
Storebrand ASA ADR generated a negative expected return over the last 90 days | |
The company has accumulated 36.87 B in total debt with debt to equity ratio (D/E) of 0.94, which is about average as compared to similar companies. Storebrand ASA ADR has a current ratio of 0.59, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Storebrand ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Storebrand ASA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Storebrand ASA ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Storebrand to invest in growth at high rates of return. When we think about Storebrand ASA's use of debt, we should always consider it together with cash and equity. | |
Storebrand ASA ADR has accumulated about 671.61 M in cash with (3.49 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.88. |
Storebrand ASA Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Storebrand ASA or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Storebrand ASA's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Storebrand pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.00 | |
β | Beta against NYSE Composite | 0.00 | |
σ | Overall volatility | 0.00 | |
Ir | Information ratio | 0.00 |
Storebrand ASA Volatility Alert
At this time Storebrand ASA ADR exhibits very low volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Storebrand ASA's pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Storebrand ASA's pink sheet price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Storebrand ASA Fundamentals Vs Peers
Comparing Storebrand ASA's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Storebrand ASA's direct or indirect competition across all of the common fundamentals between Storebrand ASA and the related equities. This way, we can detect undervalued stocks with similar characteristics as Storebrand ASA or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Storebrand ASA's fundamental indicators could also be used in its relative valuation, which is a method of valuing Storebrand ASA by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Storebrand ASA to competition |
Fundamentals | Storebrand ASA | Peer Average |
Return On Equity | 0.0632 | -0.31 |
Return On Asset | 0.0028 | -0.14 |
Profit Margin | 0.15 % | (1.27) % |
Operating Margin | 0.22 % | (5.51) % |
Current Valuation | 7.29 B | 16.62 B |
Shares Outstanding | 232.1 M | 571.82 M |
Price To Earning | 11.60 X | 28.72 X |
Price To Book | 0.62 X | 9.51 X |
Price To Sales | 0.16 X | 11.42 X |
Revenue | 69.41 B | 9.43 B |
Gross Profit | 10.73 B | 27.38 B |
EBITDA | 5.61 B | 3.9 B |
Net Income | 3.13 B | 570.98 M |
Cash And Equivalents | 671.61 M | 2.7 B |
Cash Per Share | 2.88 X | 5.01 X |
Total Debt | 36.87 B | 5.32 B |
Debt To Equity | 0.94 % | 48.70 % |
Current Ratio | 0.60 X | 2.16 X |
Book Value Per Share | 163.44 X | 1.93 K |
Cash Flow From Operations | (3.49 B) | 971.22 M |
Earnings Per Share | 1.05 X | 3.12 X |
Number Of Employees | 2.16 K | 18.84 K |
Beta | 1.33 | -0.15 |
Market Capitalization | 3.39 B | 19.03 B |
Total Asset | 774.79 B | 29.47 B |
Retained Earnings | 14.01 B | 9.33 B |
Working Capital | (13.07 B) | 1.48 B |
Current Asset | 17.69 B | 9.34 B |
Current Liabilities | 30.77 B | 7.9 B |
Annual Yield | 0.06 % | |
Net Asset | 774.79 B | |
Last Dividend Paid | 3.7 |
Storebrand ASA Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Storebrand . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Storebrand ASA Buy or Sell Advice
When is the right time to buy or sell Storebrand ASA ADR? Buying financial instruments such as Storebrand Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Storebrand ASA in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Precious Metals Thematic Idea Now
Precious Metals
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Precious Metals theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Precious Metals Theme or any other thematic opportunities.
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Check out Storebrand ASA Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Storebrand ASA ADR information on this page should be used as a complementary analysis to other Storebrand ASA'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Storebrand Pink Sheet analysis
When running Storebrand ASA's price analysis, check to measure Storebrand 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 Storebrand ASA is operating at the current time. Most of Storebrand ASA's value examination focuses on studying past and present price action to predict the probability of Storebrand 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 Storebrand ASA's price. Additionally, you may evaluate how the addition of Storebrand ASA to your portfolios can decrease your overall portfolio volatility.
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