Aega ASA (Norway) Performance
| AEGA Stock | NOK 0.86 0.13 17.81% |
Aega ASA holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.98, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Aega ASA are expected to decrease by larger amounts. On the other hand, during market turmoil, Aega ASA is expected to outperform it. Use Aega ASA coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to analyze future returns on Aega ASA.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Aega ASA are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite quite unfluctuating essential indicators, Aega ASA disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 3.1 M | |
| Total Cashflows From Investing Activities | -520.4 K |
Aega |
Aega ASA Relative Risk vs. Return Landscape
If you would invest 40.00 in Aega ASA on September 15, 2024 and sell it today you would earn a total of 46.00 from holding Aega ASA or generate 115.0% return on investment over 90 days. Aega ASA is generating 4.9937% of daily returns and assumes 39.0726% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Aega on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Aega ASA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aega ASA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Aega ASA, and traders can use it to determine the average amount a Aega ASA's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1278
| Best Portfolio | Best Equity | AEGA | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 39.07 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.99 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Aega ASA is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Aega ASA by adding it to a well-diversified portfolio.
Aega ASA Fundamentals Growth
Aega Stock prices reflect investors' perceptions of the future prospects and financial health of Aega ASA, and Aega ASA fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Aega Stock performance.
| Return On Equity | -0.26 | |||
| Return On Asset | -0.0034 | |||
| Profit Margin | (0.85) % | |||
| Operating Margin | (0.04) % | |||
| Current Valuation | 171.45 M | |||
| Shares Outstanding | 71.38 M | |||
| Price To Earning | (53.57) X | |||
| Price To Book | 0.78 X | |||
| Price To Sales | 27.46 X | |||
| Revenue | 1.84 M | |||
| EBITDA | 925.45 K | |||
| Cash And Equivalents | 4.3 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 8.04 M | |||
| Debt To Equity | 212.40 % | |||
| Book Value Per Share | 0.13 X | |||
| Cash Flow From Operations | (21.78 K) | |||
| Earnings Per Share | (0.19) X | |||
| Total Asset | 19.83 M | |||
| Retained Earnings | (4 M) | |||
| Current Asset | 4 M | |||
| Current Liabilities | 3 M | |||
About Aega ASA Performance
By examining Aega ASA's fundamental ratios, stakeholders can obtain critical insights into Aega ASA's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Aega ASA is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
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.Things to note about Aega ASA performance evaluation
Checking the ongoing alerts about Aega ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Aega ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Aega ASA is way too risky over 90 days horizon | |
| Aega ASA has some characteristics of a very speculative penny stock | |
| Aega ASA appears to be risky and price may revert if volatility continues | |
| Aega ASA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 1.84 M. Net Loss for the year was (296.39 K) with profit before overhead, payroll, taxes, and interest of 1.84 M. | |
| Aega ASA has accumulated about 4.3 M in cash with (21.78 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 43.0% of the company shares are held by company insiders |
- Analyzing Aega ASA's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Aega ASA's stock is overvalued or undervalued compared to its peers.
- Examining Aega ASA's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Aega ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Aega ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Aega ASA's stock. These opinions can provide insight into Aega ASA's potential for growth and whether the stock is currently undervalued or overvalued.
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.