EAM Solar (Norway) Buy Hold or Sell Recommendation
| EAM Stock | NOK 13.15 0.35 2.73% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding EAM Solar ASA is 'Strong Sell'. Macroaxis provides EAM Solar buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EAM positions. The advice algorithm takes into account all of EAM Solar's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting EAM Solar's buy or sell advice are summarized below:
Real Value 11.39 | Hype Value 12.8 | Market Value 13.15 | Naive Value 12.49 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell EAM Solar ASA given historical horizon and risk tolerance towards EAM Solar. When Macroaxis issues a 'buy' or 'sell' recommendation for EAM Solar ASA, the advice is generated through an automated system that utilizes algorithms and statistical models.
EAM |
Execute EAM Solar Buy or Sell Advice
The EAM recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on EAM Solar ASA. Macroaxis does not own or have any residual interests in EAM Solar ASA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute EAM Solar's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
EAM Solar Trading Alerts and Improvement Suggestions
| EAM Solar ASA generated a negative expected return over the last 90 days | |
| EAM Solar ASA has high historical volatility and very poor performance | |
| EAM Solar 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 1.33 M. Net Loss for the year was (3.77 M) with profit before overhead, payroll, taxes, and interest of 1.1 M. | |
| EAM Solar ASA has accumulated about 581.7 K in cash with (1.69 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 36.0% of the company shares are held by company insiders |
EAM Solar Returns Distribution Density
The distribution of EAM Solar's historical returns is an attempt to chart the uncertainty of EAM Solar's future price movements. The chart of the probability distribution of EAM Solar daily returns describes the distribution of returns around its average expected value. We use EAM Solar ASA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of EAM Solar returns is essential to provide solid investment advice for EAM Solar.
| Mean Return | -0.38 | Value At Risk | -6.25 | Potential Upside | 6.54 | Standard Deviation | 4.54 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of EAM Solar historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
EAM Solar Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to EAM Solar or Independent Power and Renewable Electricity Producers sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that EAM Solar's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a EAM stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.39 | |
β | Beta against NYSE Composite | 0.11 | |
σ | Overall volatility | 4.67 | |
Ir | Information ratio | -0.1 |
EAM Solar Volatility Alert
EAM Solar ASA exhibits very low volatility with skewness of 1.27 and kurtosis of 6.87. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure EAM Solar's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact EAM Solar's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.EAM Solar Fundamentals Vs Peers
Comparing EAM Solar's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze EAM Solar's direct or indirect competition across all of the common fundamentals between EAM Solar and the related equities. This way, we can detect undervalued stocks with similar characteristics as EAM Solar or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of EAM Solar's fundamental indicators could also be used in its relative valuation, which is a method of valuing EAM Solar by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare EAM Solar to competition |
| Fundamentals | EAM Solar | Peer Average |
| Return On Equity | -0.27 | -0.31 |
| Return On Asset | -0.0223 | -0.14 |
| Profit Margin | (1.40) % | (1.27) % |
| Operating Margin | (0.36) % | (5.51) % |
| Current Valuation | 81.12 M | 16.62 B |
| Shares Outstanding | 6.85 M | 571.82 M |
| Shares Owned By Insiders | 35.80 % | 10.09 % |
| Shares Owned By Institutions | 30.68 % | 39.21 % |
| Price To Earning | (11.82) X | 28.72 X |
| Price To Book | 0.73 X | 9.51 X |
| Price To Sales | 33.64 X | 11.42 X |
| Revenue | 1.33 M | 9.43 B |
| Gross Profit | 1.1 M | 27.38 B |
| EBITDA | (3.02 M) | 3.9 B |
| Net Income | (3.77 M) | 570.98 M |
| Cash And Equivalents | 581.7 K | 2.7 B |
| Cash Per Share | 0.04 X | 5.01 X |
| Total Debt | 3.77 M | 5.32 B |
| Debt To Equity | 115.70 % | 48.70 % |
| Current Ratio | 1.78 X | 2.16 X |
| Book Value Per Share | 0.81 X | 1.93 K |
| Cash Flow From Operations | (1.69 M) | 971.22 M |
| Earnings Per Share | (5.05) X | 3.12 X |
| Target Price | 54.35 | |
| Number Of Employees | 10 | 18.84 K |
| Beta | 0.97 | -0.15 |
| Market Capitalization | 32.89 M | 19.03 B |
| Total Asset | 13.66 M | 29.47 B |
| Working Capital | (55 M) | 1.48 B |
| Current Asset | 24 M | 9.34 B |
| Current Liabilities | 79 M | 7.9 B |
| Annual Yield | 0.01 % | |
| Net Asset | 13.66 M |
EAM Solar Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as EAM . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About EAM Solar Buy or Sell Advice
When is the right time to buy or sell EAM Solar ASA? Buying financial instruments such as EAM Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having EAM Solar in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Tech Growth Thematic Idea Now
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Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 66 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Tech Growth Theme or any other thematic opportunities.
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Check out EAM Solar Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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When running EAM Solar's price analysis, check to measure EAM Solar'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 EAM Solar is operating at the current time. Most of EAM Solar's value examination focuses on studying past and present price action to predict the probability of EAM Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EAM Solar's price. Additionally, you may evaluate how the addition of EAM Solar to your portfolios can decrease your overall portfolio volatility.
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