EAM Solar (Norway) Performance
| EAM Stock | NOK 13.90 0.90 6.08% |
The firm shows a Beta (market volatility) of 0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, EAM Solar's returns are expected to increase less than the market. However, during the bear market, the loss of holding EAM Solar is expected to be smaller as well. EAM Solar ASA has an expected return of -0.0743%. Please make sure to confirm EAM Solar ASA maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if EAM Solar ASA performance from the past will be repeated in the future.
Risk-Adjusted Performance
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Over the last 90 days EAM Solar ASA has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent primary indicators, EAM Solar is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Begin Period Cash Flow | 473.3 K | |
| Total Cashflows From Investing Activities | 2.4 M |
EAM |
EAM Solar Relative Risk vs. Return Landscape
If you would invest 1,570 in EAM Solar ASA on February 2, 2024 and sell it today you would lose (180.00) from holding EAM Solar ASA or give up 11.46% of portfolio value over 90 days. EAM Solar ASA is producing return of less than zero assuming 5.1196% volatility of returns over the 90 days investment horizon. Simply put, 45% of all stocks have less volatile historical return distribution than EAM Solar, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
EAM Solar Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for EAM Solar's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as EAM Solar ASA, and traders can use it to determine the average amount a EAM Solar's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0145
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| Negative Returns | EAM |
Estimated Market Risk
| 5.12 actual daily | 45 55% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average EAM Solar is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of EAM Solar by adding EAM Solar to a well-diversified portfolio.
EAM Solar Fundamentals Growth
EAM Stock prices reflect investors' perceptions of the future prospects and financial health of EAM Solar, and EAM Solar fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on EAM Stock performance.
| Return On Equity | -0.27 | |||
| Return On Asset | -0.0223 | |||
| Profit Margin | (1.40) % | |||
| Operating Margin | (0.36) % | |||
| Current Valuation | 81.12 M | |||
| Shares Outstanding | 6.85 M | |||
| Price To Earning | (11.82) X | |||
| Price To Book | 0.73 X | |||
| Price To Sales | 33.64 X | |||
| Revenue | 1.33 M | |||
| EBITDA | (3.02 M) | |||
| Cash And Equivalents | 581.7 K | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 3.77 M | |||
| Debt To Equity | 115.70 % | |||
| Book Value Per Share | 0.81 X | |||
| Cash Flow From Operations | (1.69 M) | |||
| Earnings Per Share | (5.05) X | |||
| Total Asset | 13.66 M | |||
| Current Asset | 24 M | |||
| Current Liabilities | 79 M | |||
About EAM Solar Performance
To evaluate EAM Solar ASA Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when EAM Solar generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare EAM Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand EAM Solar ASA market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents EAM's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.EAM Solar ASA acquires, owns, and operates solar power plants in Europe. The company was founded in 2011 and is based in Oslo, Norway. EAM SOLAR operates under Electricity Distribution And Generation classification in Norway and is traded on Oslo Stock Exchange.Things to note about EAM Solar ASA performance evaluation
Checking the ongoing alerts about EAM Solar for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for EAM Solar ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 |
- Analyzing EAM Solar's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether EAM Solar's stock is overvalued or undervalued compared to its peers.
- Examining EAM Solar's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating EAM Solar's management team can have a significant impact on its success or failure. Reviewing the track record and experience of EAM Solar's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of EAM Solar's stock. These opinions can provide insight into EAM Solar's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EAM Solar 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for EAM Stock analysis
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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