Nordic Halibut AS Is Breakeven Near - Simply Wall St
| NOHAL Stock | NOK 19.50 1.30 6.25% |
About 61% of Nordic Halibut's investor base is looking to short. The analysis of current outlook of investing in Nordic Halibut AS suggests that many traders are alarmed regarding Nordic Halibut's prospects. Nordic Halibut's investing sentiment overview a quick insight into current market opportunities from investing in Nordic Halibut AS. Many technical investors use Nordic Halibut AS stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Nordic |
Nordic Halibut AS Is Breakeven Near Simply Wall St
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Nordic Halibut Fundamental Analysis
We analyze Nordic Halibut's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nordic Halibut using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nordic Halibut 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
Nordic Halibut 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.
Nordic Halibut AS 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 Nordic Halibut stock to make a market-neutral strategy. Peer analysis of Nordic Halibut could also be used in its relative valuation, which is a method of valuing Nordic Halibut by comparing valuation metrics with similar companies.
Peers
Nordic Halibut Related Equities
| SALME | Salmon Evolution | 1.02 |
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| AFISH | Arctic Fish | 2.11 |
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| NOAP | Nordic Aqua | 2.74 |
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| ANDF | Andfjord Salmon | 3.13 |
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Other Information on Investing in Nordic Stock
Nordic Halibut financial ratios help investors to determine whether Nordic 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 Nordic with respect to the benefits of owning Nordic Halibut security.