Scatec Solar (Norway) Analysis

SCATC Stock  NOK 79.90  0.10  0.13%   
Scatec Solar OL is overvalued with Real Value of 68.09 and Hype Value of 79.9. The main objective of Scatec Solar stock analysis is to determine its intrinsic value, which is an estimate of what Scatec Solar OL is worth, separate from its market price. There are two main types of Scatec Solar's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Scatec Solar's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Scatec Solar's stock to identify patterns and trends that may indicate its future price movements.
The Scatec Solar stock is traded in Norway on Oslo Stock Exchange, with the market opening at 09:00:00 and closing at 16:20:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Norway. Scatec Solar is usually not traded on Christmas Eve, Christmas Day, Boxing Day, New Year 's Day, Maundy Thursday, Good Friday, Easter Sunday, Easter Monday, International Workers ' Day, ConstitutionDay. Scatec Stock trading window is adjusted to Europe/Oslo timezone.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scatec Solar OL. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Scatec Stock Analysis Notes

About 27.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.47. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Scatec Solar OL recorded a loss per share of 4.84. The entity last dividend was issued on the 19th of April 2023. Scatec ASA, together with its subsidiaries, operates as a renewable power producer worldwide. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway. SCATEC ASA is traded on Oslo Stock Exchange in Norway. To find out more about Scatec Solar OL contact the company at 47 48 08 55 00 or learn more at https://scatec.com.

Scatec Solar OL Investment Alerts

About 27.0% of the company outstanding shares are owned by corporate insiders

Scatec Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 12.34 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Scatec Solar's market, we take the total number of its shares issued and multiply it by Scatec Solar's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Scatec Profitablity

Scatec Solar's profitability indicators refer to fundamental financial ratios that showcase Scatec Solar's ability to generate income relative to its revenue or operating costs. If, let's say, Scatec Solar is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Scatec Solar's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Scatec Solar's profitability requires more research than a typical breakdown of Scatec Solar's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.44) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.31 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.31.

Technical Drivers

As of the 3rd of December, Scatec Solar has the Coefficient Of Variation of 4080.97, semi deviation of 1.75, and Risk Adjusted Performance of 0.0247. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Scatec Solar OL, as well as the relationship between them.

Scatec Solar OL Price Movement Analysis

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The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Scatec Solar middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Scatec Solar OL. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Scatec Solar Outstanding Bonds

Scatec Solar issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Scatec Solar OL uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Scatec bonds can be classified according to their maturity, which is the date when Scatec Solar OL has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Scatec Solar Predictive Daily Indicators

Scatec Solar intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Scatec Solar stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Scatec Solar Forecast Models

Scatec Solar's time-series forecasting models are one of many Scatec Solar's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Scatec Solar's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Scatec Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Scatec Solar prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Scatec shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Scatec Solar. By using and applying Scatec Stock analysis, traders can create a robust methodology for identifying Scatec entry and exit points for their positions.
Scatec ASA, together with its subsidiaries, operates as a renewable power producer worldwide. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway. SCATEC ASA is traded on Oslo Stock Exchange in Norway.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Scatec Solar to your portfolios without increasing risk or reducing expected return.

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Other Information on Investing in Scatec Stock

Scatec Solar financial ratios help investors to determine whether Scatec 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 Scatec with respect to the benefits of owning Scatec Solar security.