Norva24 Group (Sweden) Buy Hold or Sell Recommendation
| NORVA Stock | 28.70 0.20 0.69% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Norva24 Group AB is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Norva24 Group AB given historical horizon and risk tolerance towards Norva24 Group. When Macroaxis issues a 'buy' or 'sell' recommendation for Norva24 Group AB, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Norva24 Group Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Norva24 and provide practical buy, sell, or hold advice based on investors' constraints. Norva24 Group AB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Norva24 |
Execute Norva24 Group Buy or Sell Advice
The Norva24 recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Norva24 Group AB. Macroaxis does not own or have any residual interests in Norva24 Group AB or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Norva24 Group's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Norva24 Group Trading Alerts and Improvement Suggestions
| Norva24 Group AB generated a negative expected return over the last 90 days | |
| About 64.0% of the company shares are owned by institutional investors |
Norva24 Group Returns Distribution Density
The distribution of Norva24 Group's historical returns is an attempt to chart the uncertainty of Norva24 Group's future price movements. The chart of the probability distribution of Norva24 Group daily returns describes the distribution of returns around its average expected value. We use Norva24 Group AB price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Norva24 Group returns is essential to provide solid investment advice for Norva24 Group.
| Mean Return | -0.11 | Value At Risk | -3.44 | Potential Upside | 3.45 | Standard Deviation | 2.11 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Norva24 Group historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Norva24 Group Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Norva24 Group or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Norva24 Group's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Norva24 stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.34 | |
σ | Overall volatility | 2.09 | |
Ir | Information ratio | -0.12 |
Norva24 Group Volatility Alert
Norva24 Group AB exhibits very low volatility with skewness of -0.12 and kurtosis of 1.03. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Norva24 Group's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Norva24 Group's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Norva24 Group Fundamentals Vs Peers
Comparing Norva24 Group's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Norva24 Group's direct or indirect competition across all of the common fundamentals between Norva24 Group and the related equities. This way, we can detect undervalued stocks with similar characteristics as Norva24 Group or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Norva24 Group's fundamental indicators could also be used in its relative valuation, which is a method of valuing Norva24 Group by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Norva24 Group to competition |
| Fundamentals | Norva24 Group | Peer Average |
| Return On Equity | 0.0745 | -0.31 |
| Return On Asset | 0.045 | -0.14 |
| Profit Margin | 0.08 % | (1.27) % |
| Operating Margin | 0.11 % | (5.51) % |
| Current Valuation | 7.06 B | 16.62 B |
| Shares Outstanding | 182.68 M | 571.82 M |
| Shares Owned By Insiders | 21.05 % | 10.09 % |
| Shares Owned By Institutions | 64.42 % | 39.21 % |
| Price To Book | 3.28 X | 9.51 X |
| Price To Sales | 2.57 X | 11.42 X |
| Revenue | 2.01 B | 9.43 B |
| Gross Profit | 1.03 B | 27.38 B |
| EBITDA | 417.8 M | 3.9 B |
| Net Income | 80.2 M | 570.98 M |
| Total Debt | 264.1 M | 5.32 B |
| Book Value Per Share | 9.57 X | 1.93 K |
| Cash Flow From Operations | 337.4 M | 971.22 M |
| Earnings Per Share | 1.35 X | 3.12 X |
| Target Price | 38.1 | |
| Number Of Employees | 1.57 K | 18.84 K |
| Market Capitalization | 6.34 B | 19.03 B |
| Total Asset | 3.23 B | 29.47 B |
| Z Score | 14.4 | 8.72 |
| Net Asset | 3.23 B |
Norva24 Group Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Norva24 . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Norva24 Group Buy or Sell Advice
When is the right time to buy or sell Norva24 Group AB? Buying financial instruments such as Norva24 Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Norva24 Stock Analysis
When running Norva24 Group's price analysis, check to measure Norva24 Group'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 Norva24 Group is operating at the current time. Most of Norva24 Group's value examination focuses on studying past and present price action to predict the probability of Norva24 Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norva24 Group's price. Additionally, you may evaluate how the addition of Norva24 Group to your portfolios can decrease your overall portfolio volatility.