Solstad Offshore Asa Stock Performance
| SLOFF Stock | USD 3.09 0.00 0.00% |
Solstad Offshore holds a performance score of 9 on a scale of zero to a hundred. The entity has a beta of 0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Solstad Offshore's returns are expected to increase less than the market. However, during the bear market, the loss of holding Solstad Offshore is expected to be smaller as well. Use Solstad Offshore ASA information ratio and kurtosis , to analyze future returns on Solstad Offshore ASA.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Solstad Offshore ASA are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile technical and fundamental indicators, Solstad Offshore reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2.4 B | |
| Total Cashflows From Investing Activities | -23.5 M |
Solstad |
Solstad Offshore Relative Risk vs. Return Landscape
If you would invest 151.00 in Solstad Offshore ASA on January 25, 2024 and sell it today you would earn a total of 158.00 from holding Solstad Offshore ASA or generate 104.64% return on investment over 90 days. Solstad Offshore ASA is currently producing 1.6877% returns and takes up 13.2888% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Solstad, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Solstad Offshore Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solstad Offshore's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Solstad Offshore ASA, and traders can use it to determine the average amount a Solstad Offshore'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 = 0.127
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Estimated Market Risk
| 13.29 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.69 actual daily | 33 67% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Solstad Offshore is performing at about 9% 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 Solstad Offshore by adding it to a well-diversified portfolio.
Solstad Offshore Fundamentals Growth
Solstad Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Solstad Offshore, and Solstad Offshore 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 Solstad Pink Sheet performance.
| Return On Equity | -0.9 | |||
| Return On Asset | 0.0113 | |||
| Profit Margin | (0.33) % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 2.37 B | |||
| Shares Outstanding | 77.31 M | |||
| Price To Book | 1.21 X | |||
| Price To Sales | 0.04 X | |||
| Revenue | 5.13 B | |||
| EBITDA | 1.2 B | |||
| Cash And Equivalents | 2.08 B | |||
| Cash Per Share | 26.99 X | |||
| Total Debt | 17.52 B | |||
| Book Value Per Share | 12.46 X | |||
| Cash Flow From Operations | 1.38 B | |||
| Earnings Per Share | (1.38) X | |||
| Total Asset | 24.94 B | |||
About Solstad Offshore Performance
To evaluate Solstad Offshore ASA Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Solstad Offshore 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 Solstad Pink Sheet'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 Solstad Offshore ASA market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Solstad'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.Solstad Offshore ASA operates offshore service and construction vessels for offshore and renewable energy industry worldwide. The company was founded in 1964 and is headquartered in Skudeneshavn, Norway. Solstad Farstad is traded on OTC Exchange in the United States.Things to note about Solstad Offshore ASA performance evaluation
Checking the ongoing alerts about Solstad Offshore for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Solstad Offshore ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Solstad Offshore ASA is way too risky over 90 days horizon | |
| Solstad Offshore ASA appears to be risky and price may revert if volatility continues | |
| Solstad Offshore ASA has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 17.52 B in total debt. Solstad Offshore ASA has a current ratio of 0.78, 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 Solstad Offshore until it has trouble settling it off, either with new capital or with free cash flow. So, Solstad Offshore'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 Solstad Offshore ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Solstad to invest in growth at high rates of return. When we think about Solstad Offshore's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 5.13 B. Net Loss for the year was (1.1 B) with profit before overhead, payroll, taxes, and interest of 2.81 B. | |
| About 47.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Solstad Offshore'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 Solstad Offshore's stock is overvalued or undervalued compared to its peers.
- Examining Solstad Offshore'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 Solstad Offshore's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Solstad Offshore's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Solstad Offshore's pink sheet. These opinions can provide insight into Solstad Offshore's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solstad Offshore 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 census. Note that the Solstad Offshore ASA information on this page should be used as a complementary analysis to other Solstad Offshore'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Solstad Pink Sheet analysis
When running Solstad Offshore's price analysis, check to measure Solstad Offshore'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 Solstad Offshore is operating at the current time. Most of Solstad Offshore's value examination focuses on studying past and present price action to predict the probability of Solstad Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solstad Offshore's price. Additionally, you may evaluate how the addition of Solstad Offshore to your portfolios can decrease your overall portfolio volatility.
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