Equinor Asa Adr Stock Performance
EQNR Stock | USD 27.03 0.13 0.48% |
The firm shows a Beta (market volatility) of 0.78, which means possible diversification benefits within a given portfolio. As returns on the market increase, Equinor ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Equinor ASA is expected to be smaller as well. Equinor ASA ADR has an expected return of -0.21%. Please make sure to confirm Equinor ASA ADR treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Equinor ASA ADR performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Equinor ASA ADR has generated negative risk-adjusted returns adding no value to investors with long positions. Even with unfluctuating performance in the last few months, the Stock's basic indicators remain relatively invariable which may send shares a bit higher in April 2024. The latest agitation may also be a sign of long-running up-swing for the enterprise retail investors. ...more
Actual Historical Performance (%)
One Day Return 0.48 | Five Day Return 1.2 | Year To Date Return (14.14) | Ten Year Return (4.22) | All Time Return 261.85 |
Forward Dividend Yield 0.0446 | Payout Ratio 0.4236 | Forward Dividend Rate 1.2 | Dividend Date 2024-02-27 | Ex Dividend Date 2024-02-14 |
1 | Wind Of Change Energy Giants Equinor BP Give Offshore Wind Power Project Deal A Second Chance | 01/26/2024 |
2 | Equinor ASA Q4 2023 Earnings Call Transcript | 02/09/2024 |
Equinor ASA dividend paid on 27th of February 2024 | 02/27/2024 |
3 | Meet the Man Using AI To Revive An Oil Gas Play Supermajors Left For Dead | 02/28/2024 |
4 | Equinor Wins Offshore Wind Agreements From New York | 03/01/2024 |
5 | Quadrature Capital Ltd Cuts Position in Equinor ASA | 03/05/2024 |
6 | BP Accelerate Your Returns With 3 Lucrative Gas Stocks - StockNews.com | 03/07/2024 |
7 | 20 Biggest Natural Gas Companies in the World | 03/13/2024 |
8 | TechnipFMC , NEP Join Forces for CCS Infrastructure | 03/18/2024 |
9 | Equinors New Finds Broaden Norways Oil Gas Frontiers | 03/25/2024 |
10 | Equinor , DNO Advance Heisenberg Discovery in North Sea | 03/27/2024 |
Begin Period Cash Flow | 11.5 B |
Equinor |
Equinor ASA Relative Risk vs. Return Landscape
If you would invest 3,111 in Equinor ASA ADR on December 30, 2023 and sell it today you would lose (408.00) from holding Equinor ASA ADR or give up 13.11% of portfolio value over 90 days. Equinor ASA ADR is currently does not generate positive expected returns and assumes 1.8056% risk (volatility on return distribution) over the 90 days horizon. In different words, 15% of stocks are less volatile than Equinor, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
Equinor ASA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Equinor ASA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Equinor ASA ADR, and traders can use it to determine the average amount a Equinor ASA's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1185
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Negative Returns | EQNR |
Estimated Market Risk
1.81 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Equinor ASA is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Equinor ASA by adding Equinor ASA to a well-diversified portfolio.
Equinor ASA Fundamentals Growth
Equinor Stock prices reflect investors' perceptions of the future prospects and financial health of Equinor ASA, and Equinor ASA fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Equinor Stock performance.
Return On Equity | 0.23 | ||||
Return On Asset | 0.15 | ||||
Current Valuation | 72.4 B | ||||
Shares Outstanding | 2.93 B | ||||
Price To Earning | 4.99 X | ||||
Price To Book | 1.62 X | ||||
Price To Sales | 0.74 X | ||||
Revenue | 106.85 B | ||||
Gross Profit | 85.59 B | ||||
EBITDA | 46.08 B | ||||
Net Income | 11.88 B | ||||
Cash Per Share | 14.09 X | ||||
Debt To Equity | 0.75 % | ||||
Current Ratio | 1.65 X | ||||
Cash Flow From Operations | 24.7 B | ||||
Earnings Per Share | 3.93 X | ||||
Total Asset | 143.58 B | ||||
Retained Earnings | 56.52 B | ||||
Current Asset | 27.95 B | ||||
About Equinor ASA Performance
To evaluate Equinor ASA ADR Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Equinor ASA generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Equinor Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Equinor ASA ADR market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Equinor's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.33 | 0.31 | |
Return On Assets | 0.08 | 0.06 | |
Return On Equity | 0.25 | 0.19 |
Things to note about Equinor ASA ADR performance evaluation
Checking the ongoing alerts about Equinor ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Equinor ASA ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Equinor ASA ADR generated a negative expected return over the last 90 days | |
On 27th of February 2024 Equinor ASA paid $ 0.9 per share dividend to its current shareholders | |
Latest headline from zacks.com: Equinor , DNO Advance Heisenberg Discovery in North Sea |
- Analyzing Equinor ASA's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Equinor ASA's stock is overvalued or undervalued compared to its peers.
- Examining Equinor ASA's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Equinor ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Equinor ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Equinor ASA's stock. These opinions can provide insight into Equinor ASA's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinor 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Equinor Stock analysis
When running Equinor ASA's price analysis, check to measure Equinor 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 Equinor ASA is operating at the current time. Most of Equinor ASA's value examination focuses on studying past and present price action to predict the probability of Equinor 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 Equinor ASA's price. Additionally, you may evaluate how the addition of Equinor ASA to your portfolios can decrease your overall portfolio volatility.
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Is Equinor ASA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equinor ASA. If investors know Equinor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equinor ASA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.65) | Dividend Share 1.25 | Earnings Share 3.93 | Revenue Per Share 17.684 | Quarterly Revenue Growth (0.15) |
The market value of Equinor ASA ADR is measured differently than its book value, which is the value of Equinor that is recorded on the company's balance sheet. Investors also form their own opinion of Equinor ASA's value that differs from its market value or its book value, called intrinsic value, which is Equinor ASA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equinor ASA's market value can be influenced by many factors that don't directly affect Equinor ASA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equinor ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinor ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinor ASA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.