Expro Group Holdings N.V. Announces Third Quarter 2023 Results - StreetInsider.com
| DNB Stock | NOK 229.10 0.50 0.22% |
About 62% of DnB ASA's investor base is looking to short. The analysis of current outlook of investing in DnB ASA suggests that many traders are alarmed regarding DnB ASA's prospects. DnB ASA's investing sentiment shows overall attitude of investors towards DnB ASA.
DnB ASA stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of DnB daily returns and investor perception about the current price of DnB ASA as well as its diversification or hedging effects on your existing portfolios.
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Expro Group Holdings N.V. Announces Third Quarter 2023 Results StreetInsider.com
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DnB ASA Fundamental Analysis
We analyze DnB ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DnB ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DnB ASA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
DnB ASA is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
DnB ASA Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with DnB ASA stock to make a market-neutral strategy. Peer analysis of DnB ASA could also be used in its relative valuation, which is a method of valuing DnB ASA by comparing valuation metrics with similar companies.
Peers
DnB ASA Related Equities
| NAPA | Napatech | 2.68 | ||||
| HELG | Helgeland Sparebank | 1.69 | ||||
| BAKKA | Pf Bakkafrost | 1.61 | ||||
| AZT | Arcticzymes Technologies | 1.50 | ||||
| KOG | Kongsberg Gruppen | 1.11 | ||||
| SVEG | Sparebanken Vest | 0.38 | ||||
| ELK | Elkem ASA | 0.16 | ||||
| MING | Sparebank | 0.05 | ||||
| EQNR | Equinor ASA | 0.30 | ||||
| AURG | Aurskog Sparebank | 0.92 |
Other Information on Investing in DnB Stock
DnB ASA financial ratios help investors to determine whether DnB 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 DnB with respect to the benefits of owning DnB ASA security.