Scatec Solar (Norway) Performance
| SCATC Stock | NOK 88.40 0.05 0.06% |
On a scale of 0 to 100, Scatec Solar holds a performance score of 9. The entity has a beta of -1.07, which indicates a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Scatec Solar are expected to decrease slowly. On the other hand, during market turmoil, Scatec Solar is expected to outperform it slightly. Please check Scatec Solar's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Scatec Solar's existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Scatec Solar OL are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of very conflicting fundamental indicators, Scatec Solar displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 7.8 B | |
| Total Cashflows From Investing Activities | -8.1 B |
Scatec |
Scatec Solar Relative Risk vs. Return Landscape
If you would invest 7,215 in Scatec Solar OL on March 29, 2024 and sell it today you would earn a total of 1,625 from holding Scatec Solar OL or generate 22.52% return on investment over 90 days. Scatec Solar OL is generating 0.3997% of daily returns and assumes 3.1769% volatility on return distribution over the 90 days horizon. Simply put, 28% of stocks are less volatile than Scatec, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Scatec Solar Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scatec Solar's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Scatec Solar OL, and traders can use it to determine the average amount a Scatec 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 = 0.1258
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Estimated Market Risk
| 3.18 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Scatec Solar is performing at about 9% of its full potential. 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 Scatec Solar by adding it to a well-diversified portfolio.
Scatec Solar Fundamentals Growth
Scatec Stock prices reflect investors' perceptions of the future prospects and financial health of Scatec Solar, and Scatec 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 Scatec Stock performance.
| Return On Equity | -0.13 | |||
| Return On Asset | 0.0165 | |||
| Profit Margin | (0.44) % | |||
| Operating Margin | 0.31 % | |||
| Current Valuation | 32.49 B | |||
| Shares Outstanding | 158.92 M | |||
| Price To Book | 1.47 X | |||
| Price To Sales | 4.50 X | |||
| Revenue | 3.04 B | |||
| EBITDA | 2.89 B | |||
| Cash And Equivalents | 4.08 B | |||
| Cash Per Share | 26.38 X | |||
| Total Debt | 17.97 B | |||
| Debt To Equity | 2.13 % | |||
| Book Value Per Share | 52.00 X | |||
| Cash Flow From Operations | 2.07 B | |||
| Earnings Per Share | (4.84) X | |||
| Total Asset | 33.03 B | |||
About Scatec Solar Performance
By examining Scatec Solar's fundamental ratios, stakeholders can obtain critical insights into Scatec Solar's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Scatec Solar is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Scatec ASA, together with its subsidiaries, operates as a renewable power producer worldwide. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway. SCATEC ASA is traded on Oslo Stock Exchange in Norway.Things to note about Scatec Solar OL performance evaluation
Checking the ongoing alerts about Scatec Solar for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Scatec Solar OL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Scatec Solar OL had very high historical volatility over the last 90 days | |
| About 27.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Scatec 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 Scatec Solar's stock is overvalued or undervalued compared to its peers.
- Examining Scatec 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 Scatec Solar's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Scatec Solar's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Scatec Solar's stock. These opinions can provide insight into Scatec Solar's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Scatec Stock
Scatec Solar financial ratios help investors to determine whether Scatec 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 Scatec with respect to the benefits of owning Scatec Solar security.