Equinor Historical Valuation
| EQNR Stock | USD 27.23 0.02 0.07% |
Some fundamental drivers such as market cap or Equinor ASA enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Equinor ASA ADR valuation indicators such as Enterprise Value of 59.4 B to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Equinor ASA's future value.
Equinor ASA Working Capital |
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Equinor |
About Equinor Valuation Data Analysis
Valuation is the financial process of determining what Equinor ASA is worth. Equinor ASA valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Equinor ASA valuation ratios help investors to determine whether Equinor 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 Equinor with respect to the benefits of owning Equinor ASA security.
Equinor ASA Valuation Data Chart
Equinor valuation ratios help to determine how cheap or expensive it is, compared to its peers or based on some benchmark measure of value for a given date. A typical valuation ratio shows the difference between the cost of Equinor equity instrument and the benefits of owning shares of Equinor ASA ADR.
At this time, Equinor ASA's Market Cap is relatively stable compared to the past year. As of 04/18/2024, Working Capital is likely to grow to about 12.1 B, while Enterprise Value is likely to drop slightly above 59.4 B. Working Capital
The difference between a company’s current assets and current liabilities, indicating the liquidity and operational efficiency of the business.Enterprise Value
Enterprise Value (or EV) is usually referred to as Equinor ASA theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Equinor ASA ADR debt, but would also pocket its cash. Enterprise Value is more accurate representation of Equinor ASA value than its market capitalization because it takes into account all of Equinor ASA ADR existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Most indicators from Equinor ASA's valuation accounts are interrelated and interconnected. However, analyzing valuation accounts indicators one by one will only give a small insight into Equinor ASA ADR current financial condition. On the other hand, looking into the entire matrix of valuation accounts indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinor ASA ADR. 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. At this time, Equinor ASA's Market Cap is relatively stable compared to the past year. As of 04/18/2024, Working Capital is likely to grow to about 12.1 B, while Enterprise Value is likely to drop slightly above 59.4 B.
| 2023 | 2024 (projected) | Working Capital | 11.5B | 12.1B | Market Cap | 48.3B | 50.0B |
Equinor ASA valuation accounts Correlations
Equinor ASA Account Relationship Matchups
Equinor ASA Investors Sentiment
The influence of Equinor ASA's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Equinor. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Equinor ASA's public news can be used to forecast risks associated with an investment in Equinor. The trend in average sentiment can be used to explain how an investor holding Equinor can time the market purely based on public headlines and social activities around Equinor ASA ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Equinor ASA's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Equinor ASA's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Equinor ASA's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Equinor ASA.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Equinor ASA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Equinor ASA's short interest history, or implied volatility extrapolated from Equinor ASA options trading.
Pair Trading with Equinor ASA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equinor ASA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equinor ASA will appreciate offsetting losses from the drop in the long position's value.Moving against Equinor Stock
| 0.68 | NS | NuStar Energy LP Buyout Trend | PairCorr |
The ability to find closely correlated positions to Equinor ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equinor ASA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equinor ASA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equinor ASA ADR to buy it.
The correlation of Equinor ASA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equinor ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equinor ASA ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Equinor ASA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinor ASA ADR. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position 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.
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Is Equinor ASA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equinor ASA. If investors know Equinor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equinor ASA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.65) | Dividend Share 1.25 | Earnings Share 3.93 | Revenue Per Share 17.684 | Quarterly Revenue Growth (0.15) |
The market value of Equinor ASA ADR is measured differently than its book value, which is the value of Equinor that is recorded on the company's balance sheet. Investors also form their own opinion of Equinor ASA's value that differs from its market value or its book value, called intrinsic value, which is Equinor ASA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equinor ASA's market value can be influenced by many factors that don't directly affect Equinor ASA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equinor ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinor ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinor ASA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.