Nordic Asia (Sweden) Performance
| NAIG-B Stock | 2.84 0.03 1.07% |
Nordic Asia has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.64, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nordic Asia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nordic Asia is expected to be smaller as well. Nordic Asia Investment right now secures a risk of 3.08%. Please verify Nordic Asia Investment sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Nordic Asia Investment will be following its current price movements.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Nordic Asia Investment are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong forward indicators, Nordic Asia is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 7.5 M | |
| Total Cashflows From Investing Activities | -151.6 M |
Nordic |
Nordic Asia Relative Risk vs. Return Landscape
If you would invest 282.00 in Nordic Asia Investment on August 30, 2024 and sell it today you would earn a total of 2.00 from holding Nordic Asia Investment or generate 0.71% return on investment over 90 days. Nordic Asia Investment is generating 0.0576% of daily returns and assumes 3.0809% volatility on return distribution over the 90 days horizon. Simply put, 27% of stocks are less volatile than Nordic, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Nordic Asia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nordic Asia's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nordic Asia Investment, and traders can use it to determine the average amount a Nordic Asia'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 = 0.0187
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| Cash | Small Risk | NAIG-B | High Risk | Huge Risk |
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Estimated Market Risk
| 3.08 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Nordic Asia is performing at about 1% 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 Nordic Asia by adding it to a well-diversified portfolio.
Nordic Asia Fundamentals Growth
Nordic Stock prices reflect investors' perceptions of the future prospects and financial health of Nordic Asia, and Nordic Asia 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 Nordic Stock performance.
| Return On Equity | -0.36 | |||
| Return On Asset | -0.22 | |||
| Operating Margin | 1.13 % | |||
| Current Valuation | 136.41 M | |||
| Shares Outstanding | 33.08 M | |||
| Price To Book | 0.83 X | |||
| Revenue | (5.98 M) | |||
| EBITDA | (23.9 M) | |||
| Book Value Per Share | 6.35 X | |||
| Cash Flow From Operations | 1.74 M | |||
| Earnings Per Share | (3.52) X | |||
| Total Asset | 297.41 M | |||
About Nordic Asia Performance
By analyzing Nordic Asia's fundamental ratios, stakeholders can gain valuable insights into Nordic Asia's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nordic Asia has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nordic Asia has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Nordic Asia Investment performance evaluation
Checking the ongoing alerts about Nordic Asia for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nordic Asia Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nordic Asia had very high historical volatility over the last 90 days | |
| Nordic Asia has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (23.8 M) with loss before overhead, payroll, taxes, and interest of (19.55 M). | |
| About 50.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Nordic Asia'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 Nordic Asia's stock is overvalued or undervalued compared to its peers.
- Examining Nordic Asia'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 Nordic Asia's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nordic Asia's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nordic Asia's stock. These opinions can provide insight into Nordic Asia's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nordic Stock analysis
When running Nordic Asia's price analysis, check to measure Nordic Asia'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 Nordic Asia is operating at the current time. Most of Nordic Asia's value examination focuses on studying past and present price action to predict the probability of Nordic Asia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic Asia's price. Additionally, you may evaluate how the addition of Nordic Asia to your portfolios can decrease your overall portfolio volatility.
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