Equinor Asa Adr Stock Alpha and Beta Analysis
| EQNR Stock | USD 27.23 0.02 0.07% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Equinor ASA ADR. It also helps investors analyze the systematic and unsystematic risks associated with investing in Equinor ASA over a specified time horizon. Remember, high Equinor ASA's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Equinor ASA's market risk premium analysis include:
Beta 0.44 | Alpha (0.10) | Risk 1.61 | Sharpe Ratio (0.01) | Expected Return (0.02) |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Equinor |
Equinor ASA Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Equinor ASA market risk premium is the additional return an investor will receive from holding Equinor ASA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Equinor ASA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Equinor ASA's performance over market.| α | -0.1 | β | 0.44 |
Equinor ASA expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Equinor ASA's Buy-and-hold return. Our buy-and-hold chart shows how Equinor ASA performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Equinor ASA Market Price Analysis
Market price analysis indicators help investors to evaluate how Equinor ASA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Equinor ASA shares will generate the highest return on investment. By understating and applying Equinor ASA stock market price indicators, traders can identify Equinor ASA position entry and exit signals to maximize returns.
Equinor ASA Return and Market Media
The median price of Equinor ASA for the period between Sat, Jan 20, 2024 and Fri, Apr 19, 2024 is 26.9 with a coefficient of variation of 4.83. The daily time series for the period is distributed with a sample standard deviation of 1.3, arithmetic mean of 26.88, and mean deviation of 1.13. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Equinor ASA PT Lowered to NOK320 at RBC Capital | 02/08/2024 |
| Equinor ASA dividend paid on 27th of February 2024 | 02/27/2024 |
2 | Equinor ASA Shares Sold by Natixis Advisors L.P. | 02/29/2024 |
3 | 20 Biggest Natural Gas Companies in the World | 03/13/2024 |
4 | TechnipFMC , NEP Join Forces for CCS Infrastructure | 03/18/2024 |
5 | Equinors New Finds Broaden Norways Oil Gas Frontiers | 03/25/2024 |
6 | Equinor , DNO Advance Heisenberg Discovery in North Sea | 03/27/2024 |
7 | Equinor Deepens Marine Services Pact With DeepOcean | 04/05/2024 |
8 | Resumen EuroGreen Maritime se asegura un fletamento de siete aos con Equinor ASA para cuatro petroleros hbridos avanzados de baterametanol de doble combustible ... | 04/08/2024 |
9 | China Exports Gasoline Using Blockchain In Unprecedented Move | 04/11/2024 |
10 | Equinor Extends Waste Management Contract With Soiltech | 04/18/2024 |
About Equinor ASA Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Equinor or other stocks. Alpha measures the amount that position in Equinor ASA ADR has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.021 | 0.0473 | 0.11 | 0.12 | Price To Sales Ratio | 0.96 | 0.76 | 0.89 | 1.32 |
Equinor ASA Upcoming Company Events
As portrayed in its financial statements, the presentation of Equinor ASA's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Equinor ASA's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Equinor ASA's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Equinor ASA. Please utilize our Beneish M Score to check the likelihood of Equinor ASA's management manipulating its earnings.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Equinor ASA
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Equinor ASA Backtesting, Equinor ASA Valuation, Equinor ASA Correlation, Equinor ASA Hype Analysis, Equinor ASA Volatility, Equinor ASA History and analyze Equinor ASA Performance. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Equinor Stock analysis
When running Equinor ASA's price analysis, check to measure Equinor ASA'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 Equinor ASA is operating at the current time. Most of Equinor ASA's value examination focuses on studying past and present price action to predict the probability of Equinor ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinor ASA's price. Additionally, you may evaluate how the addition of Equinor ASA to your portfolios can decrease your overall portfolio volatility.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |
Equinor ASA technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.