Arendals Fossekompani (Norway) Today
| AFK Stock | NOK 176.40 1.00 0.56% |
Performance10 of 100
| Odds Of DistressLess than 11
|
Arendals Fossekompani is selling for 176.40 as of the 18th of April 2024. This is a -0.56% down since the beginning of the trading day. The stock's lowest day price was 173.0. Arendals Fossekompani has less than a 11 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. Equity ratings for Arendals Fossekompani ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Arendals Fossekompani ASA, an industrial investment company, engages in the operating hydro power plants. Arendals Fossekompani ASA was founded in 1896 and is headquartered in Arendal, Norway. ARENDALS FOSSEKOMP operates under Electricity Distribution And Generation classification in Norway and is traded on Oslo Stock Exchange.. The company has 54.9 M outstanding shares. More on Arendals Fossekompani ASA
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Follow Valuation Odds of Bankruptcy
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Arendals Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Arendals Fossekompani's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Arendals Fossekompani or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO of Glamox | Rune Marthinussen |
| Business Concentration | Utilities, Independent Power and Renewable Electricity Producers, Utilities - Regulated Electric, Utilities (View all Sectors) |
Arendals Fossekompani ASA (AFK) is traded on Oslo Stock Exchange in Norway and employs 2,200 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 13.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Arendals Fossekompani's market, we take the total number of its shares issued and multiply it by Arendals Fossekompani'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. Arendals Fossekompani ASA operates under Independent Power and Renewable Electricity Producers sector and is part of Utilities industry. The entity has 54.9 M outstanding shares.
Arendals Fossekompani ASA has accumulated about 2.71 B in cash with 857.29 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 955.71.
Check Arendals Fossekompani Probability Of Bankruptcy
Ownership AllocationArendals Fossekompani ASA retains a total of 54.9 Million outstanding shares. Arendals Fossekompani ASA shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 86.1 percent of Arendals Fossekompani ASA outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Arendals Ownership Details
Arendals Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Arendals Fossekompani jumping above the current price in 90 days from now is about 14.25%. The Arendals Fossekompani ASA probability density function shows the probability of Arendals Fossekompani stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Arendals Fossekompani has a beta of 0.2178. This suggests as returns on the market go up, Arendals Fossekompani average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Arendals Fossekompani ASA will be expected to be much smaller as well. Additionally, arendals Fossekompani ASA has an alpha of 0.1256, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Arendals Fossekompani to move above the current price in 90 days from now is about 14.25 (This Arendals Fossekompani ASA probability density function shows the probability of Arendals Stock to fall within a particular range of prices over 90 days) .
Arendals Fossekompani ASA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Arendals Fossekompani market risk premium is the additional return an investor will receive from holding Arendals Fossekompani 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 Arendals Fossekompani. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Arendals Fossekompani's alpha and beta are two of the key measurements used to evaluate Arendals Fossekompani's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.57 | |||
| Semi Deviation | 1.67 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.12 |
Arendals Stock Against Markets
Picking the right benchmark for Arendals Fossekompani stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Arendals Fossekompani stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Arendals Fossekompani is critical whether you are bullish or bearish towards Arendals Fossekompani ASA at a given time. Please also check how Arendals Fossekompani's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Arendals Fossekompani without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Arendals Fossekompani Corporate Directors
Arendals Fossekompani corporate directors refer to members of an Arendals Fossekompani board of directors. The board of directors generally takes responsibility for the Arendals Fossekompani's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Arendals Fossekompani's board members must vote for the resolution. The Arendals Fossekompani board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Sam Syvertsen | Investment Director | Profile | |
| Marianne Lyngvi | Director | Profile | |
| Arild Nysaether | Director | Profile | |
| Kristine Landmark | Director | Profile |
How to buy Arendals Stock?
Before investing in Arendals Fossekompani, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Arendals Fossekompani. To buy Arendals Fossekompani stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Arendals Fossekompani. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Arendals Fossekompani stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Arendals Fossekompani ASA stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Arendals Fossekompani ASA stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Arendals Fossekompani ASA, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Arendals Fossekompani ASA?
The danger of trading Arendals Fossekompani ASA is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Arendals Fossekompani is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Arendals Fossekompani. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Arendals Fossekompani ASA is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arendals Fossekompani ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Arendals Stock analysis
When running Arendals Fossekompani's price analysis, check to measure Arendals Fossekompani'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 Arendals Fossekompani is operating at the current time. Most of Arendals Fossekompani's value examination focuses on studying past and present price action to predict the probability of Arendals Fossekompani's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arendals Fossekompani's price. Additionally, you may evaluate how the addition of Arendals Fossekompani to your portfolios can decrease your overall portfolio volatility.
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