Aega ASA Financials
| AEGA Stock | NOK 0.86 0.13 17.81% |
Aega |
Understanding current and past Aega ASA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Aega ASA's financial statements are interrelated, with each one affecting the others. For example, an increase in Aega ASA's assets may result in an increase in income on the income statement.
Aega ASA Stock Summary
Aega ASA competes with Romerike Sparebank, Clean Seas, Skue Sparebank, Nordic Mining, and Waste Plastic. Aega ASA, a solar utility company, acquires and operates solar power plants. Aega ASA was founded in 2011 and is headquartered in Oslo, Norway. AEGA ASA operates under Financial Services classification in Norway and is traded on Oslo Stock Exchange. It employs 2 people.| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0010626559 |
| Business Address | Thunes Vei 2, |
| Sector | Utilities |
| Industry | Utilities - Independent Power Producers |
| Benchmark | Dow Jones Industrial |
| Website | www.aega.no |
| Currency | NOK - Kroner |
You should never invest in Aega ASA without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Aega Stock, because this is throwing your money away. Analyzing the key information contained in Aega ASA's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Aega ASA Key Financial Ratios
There are many critical financial ratios that Aega ASA's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Aega ASA reports annually and quarterly.| Return On Equity | -0.26 | |||
| Return On Asset | -0.0034 | |||
| Beta | 0.88 | |||
| Z Score | 4.2 |
Aega Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Aega ASA's current stock value. Our valuation model uses many indicators to compare Aega ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Aega ASA competition to find correlations between indicators driving Aega ASA's intrinsic value. More Info.Aega ASA is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Aega ASA's earnings, one of the primary drivers of an investment's value.Aega ASA Systematic Risk
Aega ASA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Aega ASA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Aega ASA correlated with the market. If Beta is less than 0 Aega ASA generally moves in the opposite direction as compared to the market. If Aega ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Aega ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Aega ASA is generally in the same direction as the market. If Beta > 1 Aega ASA moves generally in the same direction as, but more than the movement of the benchmark.
Aega ASA December 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Aega ASA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Aega ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Aega ASA based on widely used predictive technical indicators. In general, we focus on analyzing Aega Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Aega ASA's daily price indicators and compare them against related drivers.
| Downside Deviation | 16.25 | |||
| Information Ratio | 0.1185 | |||
| Maximum Drawdown | 352.83 | |||
| Value At Risk | (17.54) | |||
| Potential Upside | 30.95 |
Other Information on Investing in Aega Stock
Aega ASA financial ratios help investors to determine whether Aega Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aega with respect to the benefits of owning Aega ASA security.