Veidekke ASA (Norway) Today
| VEI Stock | NOK 113.20 0.60 0.53% |
Performance13 of 100
| Odds Of DistressLess than 9
|
Veidekke ASA is selling for 113.20 as of the 20th of April 2024. This is a 0.53 percent increase since the beginning of the trading day. The stock's lowest day price was 111.2. Veidekke ASA has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Veidekke ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of May 2022 and ending today, the 20th of April 2024. Click here to learn more.
Veidekke ASA operates as a construction and property development company in Norway, Sweden, and Denmark. The company was founded in 1936 and is headquartered in Oslo, Norway. Veidekke ASA operates under Construction - Industrial And Diversified classification in Norway and is traded on Oslo Stock Exchange. The company has 133.2 M outstanding shares. More on Veidekke ASA
Moving against Veidekke Stock
| 0.53 | YAR | Yara International ASA Earnings Call This Week | PairCorr |
Follow Valuation Odds of Bankruptcy
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Veidekke 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. Veidekke ASA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Veidekke ASA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and Pres | Arne Giske |
| Business Concentration | Industrials, Construction & Engineering, Engineering & Construction, Industrials (View all Sectors) |
Veidekke ASA (VEI) is traded on Oslo Stock Exchange in Norway and employs 33 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 14.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Veidekke ASA's market, we take the total number of its shares issued and multiply it by Veidekke ASA'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. Veidekke ASA operates under Construction & Engineering sector and is part of Industrials industry. The entity has 133.2 M outstanding shares.
Veidekke ASA has accumulated about 182 M in cash with 2.19 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.3.
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Ownership AllocationVeidekke ASA shows a total of 133.2 Million outstanding shares. Veidekke ASA maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Veidekke Ownership Details
Veidekke Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Veidekke ASA jumping above the current price in 90 days from now is about 20.39%. The Veidekke ASA probability density function shows the probability of Veidekke ASA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Veidekke ASA has a beta of -0.3818. This entails as returns on the benchmark increase, returns on holding Veidekke ASA are expected to decrease at a much lower rate. During a bear market, however, Veidekke ASA is likely to outperform the market. Additionally, veidekke ASA has an alpha of 0.2846, implying that it can generate a 0.28 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Veidekke ASA to move above the current price in 90 days from now is about 20.39 (This Veidekke ASA probability density function shows the probability of Veidekke Stock to fall within a particular range of prices over 90 days) .
Veidekke ASA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Veidekke ASA market risk premium is the additional return an investor will receive from holding Veidekke 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 Veidekke 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. Although Veidekke ASA's alpha and beta are two of the key measurements used to evaluate Veidekke ASA's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.12 | |||
| Semi Deviation | 1.21 | |||
| Standard Deviation | 1.62 | |||
| Variance | 2.62 |
Veidekke Stock Against Markets
Picking the right benchmark for Veidekke ASA 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 Veidekke ASA 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 Veidekke ASA is critical whether you are bullish or bearish towards Veidekke ASA at a given time. Please also check how Veidekke ASA'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 Veidekke ASA 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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Veidekke ASA Corporate Directors
Veidekke ASA corporate directors refer to members of a Veidekke ASA board of directors. The board of directors generally takes responsibility for the Veidekke ASA'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 Veidekke ASA's board members must vote for the resolution. The Veidekke ASA board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Lars Skaare | Director, Employee Representative | Profile | |
| Ann Gjerdseth | Director | Profile | |
| Odd Olsen | Director, Employee Representative | Profile | |
| Daniel Siraj | Director | Profile |
How to buy Veidekke Stock?
Before investing in Veidekke ASA, 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 Veidekke ASA. To buy Veidekke ASA stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Veidekke ASA. 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 Veidekke ASA stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Veidekke 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 Veidekke 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 Veidekke 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.
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The danger of trading Veidekke 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 Veidekke ASA 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 Veidekke ASA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Veidekke 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Veidekke 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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Veidekke Stock analysis
When running Veidekke ASA's price analysis, check to measure Veidekke 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 Veidekke ASA is operating at the current time. Most of Veidekke ASA's value examination focuses on studying past and present price action to predict the probability of Veidekke 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 Veidekke ASA's price. Additionally, you may evaluate how the addition of Veidekke ASA to your portfolios can decrease your overall portfolio volatility.
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