Aega ASA (Norway) Buy Hold or Sell Recommendation

AEGA Stock  NOK 2.03  0.01  0.49%   
Assuming the 90 days trading horizon and your slightly conservative level of risk, our recommendation regarding Aega ASA is 'Strong Sell'. Macroaxis provides Aega ASA buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Aega ASA positions. The advice algorithm takes into account all of Aega ASA's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Aega ASA's buy or sell advice are summarized below:
Real Value
1.82
Hype Value
2.03
Market Value
2.03
Naive Value
2.04
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Aega ASA given historical horizon and risk tolerance towards Aega ASA. When Macroaxis issues a 'buy' or 'sell' recommendation for Aega ASA, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Aega ASA Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Aega and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Aega 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.

Execute Aega ASA Buy or Sell Advice

The Aega recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Aega ASA. Macroaxis does not own or have any residual interests in Aega ASA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Aega ASA's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Aega ASABuy Aega ASA
Strong Sell

Market Performance

Very WeakDetails

Volatility

Very riskyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Aega ASA has a Mean Deviation of 2.47, Standard Deviation of 3.45 and Variance of 11.89
We provide trade advice to complement the prevailing expert consensus on Aega ASA. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Aega ASA is not overpriced, please confirm all Aega ASA fundamentals, including its shares outstanding, shares owned by institutions, and the relationship between the current valuation and shares owned by insiders .

Aega ASA Trading Alerts and Improvement Suggestions

Aega ASA generated a negative expected return over the last 90 days
Aega ASA has high historical volatility and very poor performance
Aega 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 1.84 M. Net Loss for the year was (296.39 K) with profit before overhead, payroll, taxes, and interest of 1.84 M.
Aega ASA has accumulated about 4.3 M in cash with (21.78 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Roughly 43.0% of the company shares are held by company insiders

Aega ASA Returns Distribution Density

The distribution of Aega ASA's historical returns is an attempt to chart the uncertainty of Aega ASA's future price movements. The chart of the probability distribution of Aega ASA daily returns describes the distribution of returns around its average expected value. We use Aega ASA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Aega ASA returns is essential to provide solid investment advice for Aega ASA.
Mean Return
-0.16
Value At Risk
-5.67
Potential Upside
5.50
Standard Deviation
3.45
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Aega ASA historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Aega ASA Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Aega ASA or Utilities sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Aega ASA's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Aega stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.23
β
Beta against NYSE Composite0.45
σ
Overall volatility
3.50
Ir
Information ratio -0.09

Aega ASA Volatility Alert

Aega ASA exhibits very low volatility with skewness of -0.02 and kurtosis of 1.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Aega ASA's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Aega ASA's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Aega ASA Fundamentals Vs Peers

Comparing Aega ASA's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Aega ASA's direct or indirect competition across all of the common fundamentals between Aega ASA and the related equities. This way, we can detect undervalued stocks with similar characteristics as Aega ASA or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Aega ASA's fundamental indicators could also be used in its relative valuation, which is a method of valuing Aega ASA by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Aega ASA to competition
FundamentalsAega ASAPeer Average
Return On Equity-0.26-0.31
Return On Asset-0.0034-0.14
Profit Margin(0.85) %(1.27) %
Operating Margin(0.04) %(5.51) %
Current Valuation171.45 M16.62 B
Shares Outstanding71.38 M571.82 M
Shares Owned By Insiders43.11 %10.09 %
Shares Owned By Institutions0.84 %39.21 %
Price To Earning(53.57) X28.72 X
Price To Book0.78 X9.51 X
Price To Sales27.46 X11.42 X
Revenue1.84 M9.43 B
Gross Profit1.84 M27.38 B
EBITDA925.45 K3.9 B
Net Income(296.39 K)570.98 M
Cash And Equivalents4.3 M2.7 B
Cash Per Share0.02 X5.01 X
Total Debt8.04 M5.32 B
Debt To Equity212.40 %48.70 %
Current Ratio1.46 X2.16 X
Book Value Per Share0.13 X1.93 K
Cash Flow From Operations(21.78 K)971.22 M
Earnings Per Share(0.19) X3.12 X
Number Of Employees118.84 K
Beta0.88-0.15
Market Capitalization60.67 M19.03 B
Total Asset19.83 M29.47 B
Retained Earnings(4 M)9.33 B
Working Capital1000 K1.48 B
Current Asset4 M9.34 B
Current Liabilities3 M7.9 B
Z Score4.28.72
Net Asset19.83 M

Aega ASA Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Aega . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Aega ASA Buy or Sell Advice

When is the right time to buy or sell Aega ASA? Buying financial instruments such as Aega Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Aega ASA in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Fabricated Products Thematic Idea Now

Fabricated Products
Fabricated Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 10 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Fabricated Products Theme or any other thematic opportunities.
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Check out Aega ASA Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Please note, there is a significant difference between Aega ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aega ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aega 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.