Freyr Battery Sa Stock Performance
| FREY Stock | USD 1.67 0.09 5.70% |
On a scale of 0 to 100, FREYR Battery holds a performance score of 4. The firm shows a Beta (market volatility) of -0.3, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning FREYR Battery are expected to decrease at a much lower rate. During the bear market, FREYR Battery is likely to outperform the market. Please check FREYR Battery's total risk alpha, as well as the relationship between the downside variance and daily balance of power , to make a quick decision on whether FREYR Battery's price patterns will revert.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in FREYR Battery SA are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain technical and fundamental indicators, FREYR Battery showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | FREYR Battery Announces Fourth Quarter 2023 Earnings Release and Conference Call Schedule | 02/06/2024 |
2 | Why Investors Were Electrified by EV Battery and Charging Stocks Today | 02/13/2024 |
3 | FREYR Battery Reports Fourth Quarter and Full Year 2023 Results | 02/29/2024 |
4 | Battery Breakthrough 3 Innovators Outpacing the Old Guard | 03/01/2024 |
5 | Invesco Ltd. Cuts Position in FREYR Battery, Inc. - Defense World | 03/11/2024 |
6 | Why Electric Vehicle and Affiliated Stocks Zoomed Higher Today | 04/08/2024 |
7 | FREYR Battery Announces First Quarter 2024 Earnings Release and Conference Call Schedule | 04/23/2024 |
| Begin Period Cash Flow | 563 M |
FREYR |
FREYR Battery Relative Risk vs. Return Landscape
If you would invest 144.00 in FREYR Battery SA on January 27, 2024 and sell it today you would earn a total of 14.00 from holding FREYR Battery SA or generate 9.72% return on investment over 90 days. FREYR Battery SA is currently generating 0.278% in daily expected returns and assumes 5.2075% risk (volatility on return distribution) over the 90 days horizon. In different words, 46% of stocks are less volatile than FREYR, and 95% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
FREYR Battery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FREYR Battery's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as FREYR Battery SA, and traders can use it to determine the average amount a FREYR Battery'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 = 0.0534
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Estimated Market Risk
| 5.21 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average FREYR Battery is performing at about 4% of its full potential. 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 FREYR Battery by adding it to a well-diversified portfolio.
FREYR Battery Fundamentals Growth
FREYR Stock prices reflect investors' perceptions of the future prospects and financial health of FREYR Battery, and FREYR Battery 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 FREYR Stock performance.
| Return On Equity | -0.11 | |||
| Return On Asset | -0.11 | |||
| Current Valuation | (32.78 M) | |||
| Shares Outstanding | 139.7 M | |||
| Price To Book | 0.36 X | |||
| EBITDA | (131.9 M) | |||
| Net Income | (71.94 M) | |||
| Cash And Equivalents | 484.2 M | |||
| Cash Per Share | 4.15 X | |||
| Total Debt | 22.2 M | |||
| Debt To Equity | 0.03 % | |||
| Current Ratio | 11.74 X | |||
| Book Value Per Share | 4.53 X | |||
| Cash Flow From Operations | (87.93 M) | |||
| Earnings Per Share | (0.11) X | |||
| Market Capitalization | 220.73 M | |||
| Total Asset | 732.18 M | |||
| Retained Earnings | (275 M) | |||
| Working Capital | 516.88 M | |||
About FREYR Battery Performance
To evaluate FREYR Battery SA 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 FREYR Battery 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 FREYR 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 FREYR Battery SA market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents FREYR'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 Next Year | ||
| Days Of Inventory On Hand | 0.00 | 0.00 | |
| Return On Tangible Assets | (0.1) | (0.10) | |
| Return On Capital Employed | (0.20) | (0.21) | |
| Return On Assets | (0.1) | (0.10) | |
| Return On Equity | (0.11) | (0.12) |
Things to note about FREYR Battery SA performance evaluation
Checking the ongoing alerts about FREYR Battery for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for FREYR Battery SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| FREYR Battery SA had very high historical volatility over the last 90 days | |
| FREYR Battery SA may become a speculative penny stock | |
| Net Loss for the year was (71.94 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| FREYR Battery SA currently holds about 484.2 M in cash with (87.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 16.0% of the company shares are held by company insiders | |
| Latest headline from businesswire.com: FREYR Battery Announces First Quarter 2024 Earnings Release and Conference Call Schedule |
- Analyzing FREYR Battery'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 FREYR Battery's stock is overvalued or undervalued compared to its peers.
- Examining FREYR Battery'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 FREYR Battery's management team can have a significant impact on its success or failure. Reviewing the track record and experience of FREYR Battery's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of FREYR Battery's stock. These opinions can provide insight into FREYR Battery'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 FREYR Battery SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the FREYR Battery SA information on this page should be used as a complementary analysis to other FREYR Battery'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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for FREYR Stock analysis
When running FREYR Battery's price analysis, check to measure FREYR Battery'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 FREYR Battery is operating at the current time. Most of FREYR Battery's value examination focuses on studying past and present price action to predict the probability of FREYR Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FREYR Battery's price. Additionally, you may evaluate how the addition of FREYR Battery to your portfolios can decrease your overall portfolio volatility.
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Is FREYR Battery'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 FREYR Battery. If investors know FREYR 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 FREYR Battery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.11) | Return On Assets (0.11) | Return On Equity (0.11) |
The market value of FREYR Battery SA is measured differently than its book value, which is the value of FREYR that is recorded on the company's balance sheet. Investors also form their own opinion of FREYR Battery's value that differs from its market value or its book value, called intrinsic value, which is FREYR Battery'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 FREYR Battery's market value can be influenced by many factors that don't directly affect FREYR Battery'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 FREYR Battery's value and its price as these two are different measures arrived at by different means. Investors typically determine if FREYR Battery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FREYR Battery'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.