NorAm Drilling (Germany) Analysis
| TM9 Stock | EUR 3.43 0.01 0.29% |
NorAm Drilling AS is overvalued with Real Value of 2.79 and Hype Value of 3.43. The main objective of NorAm Drilling stock analysis is to determine its intrinsic value, which is an estimate of what NorAm Drilling AS is worth, separate from its market price. There are two main types of NorAm Drilling's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect NorAm Drilling's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of NorAm Drilling's stock to identify patterns and trends that may indicate its future price movements.
The NorAm Drilling stock is traded in Germany on Frankfurt Exchange, with the market opening at 08:00:00 and closing at 22:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Germany. NorAm Drilling is usually not traded on Christmas Day, Boxing Day, New Year 's Day, Good Friday, Easter Monday, International Workers ' Day, GermanUnityDay. NorAm Stock trading window is adjusted to Europe/Berlin timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and NorAm Drilling's ongoing operational relationships across important fundamental and technical indicators.
NorAm |
NorAm Stock Analysis Notes
About 100.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.99. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. NorAm Drilling AS last dividend was issued on the 17th of May 2019. Tribune Media Company, through its subsidiaries, operates as a diversified media and entertainment company in the United States. Tribune Media Company was founded in 1847 and is based in Chicago, Illinois. Tribune Media operates under Broadcasting - TV classification in Germany and is traded on Frankfurt Stock Exchange. It employs 5800 people. To find out more about NorAm Drilling AS contact the company at 313-222-3394 or learn more at http://www.tribunemedia.com.NorAm Drilling AS Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. NorAm Drilling's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding NorAm Drilling AS or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| NorAm Drilling AS had very high historical volatility over the last 90 days | |
| NorAm Drilling AS has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 100.0% of the company shares are owned by institutional investors |
NorAm Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.58 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NorAm Drilling's market, we take the total number of its shares issued and multiply it by NorAm Drilling'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.NorAm Profitablity
NorAm Drilling's profitability indicators refer to fundamental financial ratios that showcase NorAm Drilling's ability to generate income relative to its revenue or operating costs. If, let's say, NorAm Drilling is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, NorAm Drilling's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of NorAm Drilling's profitability requires more research than a typical breakdown of NorAm Drilling's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 19.03 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 19.53 %, which suggests for every 100 dollars of sales, it generated a net operating income of $19.53. Technical Drivers
As of the 20th of May, NorAm Drilling secures the Risk Adjusted Performance of 0.0188, mean deviation of 2.44, and Downside Deviation of 4.97. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NorAm Drilling AS, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for NorAm Drilling, which can be compared to its peers in the industry. Please verify NorAm Drilling AS maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if NorAm Drilling AS is priced some-what accurately, providing market reflects its recent price of 3.43 per share.NorAm Drilling AS Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. NorAm Drilling middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for NorAm Drilling AS. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
NorAm Drilling Predictive Daily Indicators
NorAm Drilling intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of NorAm Drilling stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 0.0029 | |||
| Daily Balance Of Power | 1.0 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 3.44 | |||
| Day Typical Price | 3.43 | |||
| Market Facilitation Index | 0.01 | |||
| Period Momentum Indicator | 0.01 |
NorAm Drilling Forecast Models
NorAm Drilling's time-series forecasting models are one of many NorAm Drilling's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NorAm Drilling's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About NorAm Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how NorAm Drilling prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling NorAm shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as NorAm Drilling. By using and applying NorAm Stock analysis, traders can create a robust methodology for identifying NorAm entry and exit points for their positions.
Tribune Media Company, through its subsidiaries, operates as a diversified media and entertainment company in the United States. Tribune Media Company was founded in 1847 and is based in Chicago, Illinois. Tribune Media operates under Broadcasting - TV classification in Germany and is traded on Frankfurt Stock Exchange. It employs 5800 people.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding NorAm Drilling to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Portfolio Volatility Now
Portfolio VolatilityCheck portfolio volatility and analyze historical return density to properly model market risk |
| All Next | Launch Module |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in NorAm Drilling AS. 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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for NorAm Stock analysis
When running NorAm Drilling's price analysis, check to measure NorAm Drilling'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 NorAm Drilling is operating at the current time. Most of NorAm Drilling's value examination focuses on studying past and present price action to predict the probability of NorAm Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NorAm Drilling's price. Additionally, you may evaluate how the addition of NorAm Drilling to your portfolios can decrease your overall portfolio volatility.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |