Nordic Semiconductor Asa Stock Performance
| NRSDY Stock | USD 8.55 0.38 4.26% |
The company secures a Beta (Market Risk) of 0.28, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nordic Semiconductor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nordic Semiconductor is expected to be smaller as well. At this point, Nordic Semiconductor ASA has a negative expected return of -0.22%. Please make sure to verify Nordic Semiconductor's total risk alpha and rate of daily change , to decide if Nordic Semiconductor ASA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Nordic Semiconductor ASA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fragile performance in the last few months, the Stock's fundamental indicators remain fairly strong which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Begin Period Cash Flow | 242.5 M | |
| Total Cashflows From Investing Activities | -30.7 M |
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Nordic Semiconductor Relative Risk vs. Return Landscape
If you would invest 1,017 in Nordic Semiconductor ASA on September 29, 2024 and sell it today you would lose (162.00) from holding Nordic Semiconductor ASA or give up 15.93% of portfolio value over 90 days. Nordic Semiconductor ASA is currently producing negative expected returns and takes up 2.9471% volatility of returns over 90 trading days. Put another way, 26% of traded pink sheets are less volatile than Nordic, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Nordic Semiconductor Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nordic Semiconductor's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Nordic Semiconductor ASA, and traders can use it to determine the average amount a Nordic Semiconductor'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 = -0.0755
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| Negative Returns | NRSDY |
Estimated Market Risk
| 2.95 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nordic Semiconductor is not performing at its full potential. However, 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 Semiconductor by adding Nordic Semiconductor to a well-diversified portfolio.
Nordic Semiconductor Fundamentals Growth
Nordic Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Nordic Semiconductor, and Nordic Semiconductor 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 Pink Sheet performance.
| Return On Equity | 0.23 | |||
| Return On Asset | 0.15 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.21 % | |||
| Current Valuation | 3.21 B | |||
| Shares Outstanding | 190.96 M | |||
| Price To Earning | 30.05 X | |||
| Price To Book | 6.37 X | |||
| Price To Sales | 4.63 X | |||
| Revenue | 610.53 M | |||
| EBITDA | 125.88 M | |||
| Cash And Equivalents | 352.8 M | |||
| Cash Per Share | 1.84 X | |||
| Total Debt | 15.55 M | |||
| Debt To Equity | 0.03 % | |||
| Book Value Per Share | 3.05 X | |||
| Cash Flow From Operations | 95.82 M | |||
| Earnings Per Share | 0.61 X | |||
| Total Asset | 596.82 M | |||
About Nordic Semiconductor Performance
Evaluating Nordic Semiconductor's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nordic Semiconductor 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 Semiconductor has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Nordic Semiconductor ASA, a fabless semiconductor company, designs, develops, markets, and sells integrated circuits and related solutions for short-and long-range wireless applications in Europe, the Americas, and the AsiaPacific. The company was founded in 1983 and is headquartered in Trondheim, Norway. Nordic Semiconductor operates under Semiconductors classification in the United States and is traded on OTC Exchange. It employs 1384 people.Things to note about Nordic Semiconductor ASA performance evaluation
Checking the ongoing alerts about Nordic Semiconductor for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Nordic Semiconductor ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nordic Semiconductor generated a negative expected return over the last 90 days |
- Analyzing Nordic Semiconductor'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 Semiconductor's stock is overvalued or undervalued compared to its peers.
- Examining Nordic Semiconductor'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 Semiconductor's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nordic Semiconductor's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nordic Semiconductor's pink sheet. These opinions can provide insight into Nordic Semiconductor's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Nordic Pink Sheet Analysis
When running Nordic Semiconductor's price analysis, check to measure Nordic Semiconductor'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 Semiconductor is operating at the current time. Most of Nordic Semiconductor's value examination focuses on studying past and present price action to predict the probability of Nordic Semiconductor'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 Semiconductor's price. Additionally, you may evaluate how the addition of Nordic Semiconductor to your portfolios can decrease your overall portfolio volatility.