Kongsberg Automotive Asa Stock Analysis

Kongsberg Pink Sheet Analysis Notes

The company has price-to-book ratio of 0.63. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Kongsberg Automotive ASA had not issued any dividends in recent years. The entity had 1:10 split on the 3rd of February 2021. Kongsberg Automotive ASA develops, manufactures, and sells products to the automotive industry worldwide. Kongsberg Automotive ASA was founded in 1957 and is based in Kongsberg, Norway. KONGSBERG AUTOMOTIVE operates under Auto Parts classification in the United States and is traded on OTC Exchange. It employs 5624 people.The quote for Kongsberg Automotive ASA is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Kongsberg Automotive ASA contact Hans Havdal at 47 32 77 05 00 or learn more at https://www.kongsbergautomotive.com.

Kongsberg Automotive ASA Investment Alerts

Kongsberg Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 280.69 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kongsberg Automotive's market, we take the total number of its shares issued and multiply it by Kongsberg Automotive'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.

Kongsberg Profitablity

The company has Profit Margin (PM) of 0.02 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.03 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.03.

Technical Drivers

As of the 24th of April, Kongsberg Automotive secures the Standard Deviation of 4.79, risk adjusted performance of (0.05), and Mean Deviation of 1.69. Kongsberg Automotive ASA technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We are able to break down and analyze data for twelve technical drivers for Kongsberg Automotive, which can be compared to its peers in the industry. Please verify Kongsberg Automotive ASA total risk alpha and skewness to decide if Kongsberg Automotive ASA is priced some-what accurately, providing market reflects its recent price of 0.14 per share. As Kongsberg Automotive ASA appears to be a penny stock we also strongly suggest to check its jensen alpha numbers.

Kongsberg Automotive ASA Price Movement Analysis

Kongsberg Automotive Predictive Daily Indicators

Kongsberg Automotive Forecast Models

Kongsberg Automotive's time-series forecasting models are one of many Kongsberg Automotive's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Kongsberg Automotive's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Kongsberg Automotive prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Kongsberg shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Kongsberg Automotive. By using and applying Kongsberg Pink Sheet analysis, traders can create a robust methodology for identifying Kongsberg entry and exit points for their positions.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kongsberg Automotive 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 employment. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

When running Kongsberg Automotive's price analysis, check to measure Kongsberg Automotive'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 Kongsberg Automotive is operating at the current time. Most of Kongsberg Automotive's value examination focuses on studying past and present price action to predict the probability of Kongsberg Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kongsberg Automotive's price. Additionally, you may evaluate how the addition of Kongsberg Automotive to your portfolios can decrease your overall portfolio volatility.