Norsk Hydro (Norway) Analysis

Norsk Stock Analysis Notes

About 34.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.45. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Norsk Hydro ASA has Price/Earnings To Growth (PEG) ratio of 0.56. The entity recorded earning per share (EPS) of 15.03. The firm last dividend was issued on the 21st of September 2022. Norsk Hydro had 5:1 split on the 10th of May 2006. Norsk Hydro ASA operates as an integrated aluminum company worldwide. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway. NORSK HYDRO operates under Aluminum classification in Norway and is traded on Oslo Stock Exchange. It employs 35000 people. To find out more about Norsk Hydro ASA contact the company at 47 22 53 81 00 or learn more at https://www.hydro.com.

Norsk Hydro ASA Investment Alerts

Norsk Market Capitalization

The company currently falls under 'Mega-Cap' category with a current market capitalization of 155.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Norsk Hydro's market, we take the total number of its shares issued and multiply it by Norsk Hydro'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.

Norsk Profitablity

The company has Profit Margin (PM) of 0.15 %, 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 0.27 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.27.

Technical Drivers

As of the 23rd of May, Norsk Hydro secures the Risk Adjusted Performance of 0.0923, mean deviation of 1.59, and Downside Deviation of 1.61. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Norsk Hydro ASA, as well as the relationship between them. 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 have analyzed and interpolated nineteen technical drivers for Norsk Hydro, which can be compared to its peers in the industry. Please verify Norsk Hydro ASA maximum drawdown, as well as the relationship between the downside variance and skewness to decide if Norsk Hydro ASA is priced some-what accurately, providing market reflects its recent price of 68.58 per share.

Norsk Hydro ASA Price Movement Analysis

Norsk Hydro Predictive Daily Indicators

Norsk Hydro Forecast Models

Norsk Hydro's time-series forecasting models are one of many Norsk Hydro's stock 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 Norsk Hydro'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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Norsk Hydro 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 Norsk shares will generate the highest return on investment. We also built our stock 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 Stock such as Norsk Hydro. By using and applying Norsk Stock analysis, traders can create a robust methodology for identifying Norsk entry and exit points for their positions.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norsk Hydro 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 board of governors. You can also try the Stocks Directory module to find actively traded stocks across global markets.

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