OY Nofar Financials
| NOFR Stock | ILA 8,994 205.00 2.23% |
NOFR |
Please note, the presentation of OY Nofar's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, OY Nofar's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of OY Nofar's management manipulating its earnings.
OY Nofar Stock Summary
OY Nofar competes with Apollo Power, Solaer Israel, Sunflow Sustain, and Tigi. Nofar Energy Ltd operates in the solar field on rooftops in Israel. It engages in the initiation, licensing, financing, construction, management, and operation of solar projects. O Y operates under Solar classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 49 people.| Instrument | Israel Stock View All |
| Exchange | Tel Aviv Stock Exchange |
| ISIN | IL0011708778 |
| Business Address | Yitzhar Industrial Park, |
| Sector | Technology |
| Industry | Solar |
| Benchmark | Dow Jones Industrial |
| Website | www.nofar-energy.co.il |
| Phone | 972 8 375 0060 |
| Currency | ILA |
You should never invest in OY Nofar without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of NOFR Stock, because this is throwing your money away. Analyzing the key information contained in OY Nofar's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
OY Nofar Key Financial Ratios
OY Nofar's financial ratios allow both analysts and investors to convert raw data from OY Nofar's financial statements into concise, actionable information that can be used to evaluate the performance of OY Nofar over time and compare it to other companies across industries.| Return On Equity | -0.0256 | |||
| Return On Asset | -0.0083 | |||
| Number Of Employees | 138 | |||
| Beta | 0.43 | |||
| Z Score | 3.6 |
NOFR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining OY Nofar's current stock value. Our valuation model uses many indicators to compare OY Nofar value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across OY Nofar competition to find correlations between indicators driving OY Nofar's intrinsic value. More Info.OY Nofar Energy is regarded third in return on equity category among its peers. It also is regarded third in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value OY Nofar by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for OY Nofar's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.OY Nofar Energy Systematic Risk
OY Nofar's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. OY Nofar 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on OY Nofar Energy correlated with the market. If Beta is less than 0 OY Nofar generally moves in the opposite direction as compared to the market. If OY Nofar Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one OY Nofar Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of OY Nofar is generally in the same direction as the market. If Beta > 1 OY Nofar moves generally in the same direction as, but more than the movement of the benchmark.
OY Nofar December 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of OY Nofar help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of OY Nofar Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of OY Nofar Energy based on widely used predictive technical indicators. In general, we focus on analyzing NOFR Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build OY Nofar's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.73 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 9.75 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 2.82 |
Complementary Tools for NOFR Stock analysis
When running OY Nofar's price analysis, check to measure OY Nofar'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 OY Nofar is operating at the current time. Most of OY Nofar's value examination focuses on studying past and present price action to predict the probability of OY Nofar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OY Nofar's price. Additionally, you may evaluate how the addition of OY Nofar to your portfolios can decrease your overall portfolio volatility.
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