Eidesvik Offshore (Norway) Buy Hold or Sell Recommendation
| EIOF Stock | NOK 15.10 0.40 2.72% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Eidesvik Offshore ASA is 'Strong Sell'. Macroaxis provides Eidesvik Offshore buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EIOF positions. The advice algorithm takes into account all of Eidesvik Offshore's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Eidesvik Offshore's buy or sell advice are summarized below:
Real Value 12.43 | Hype Value 15.1 | Market Value 15.1 | Naive Value 13.79 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Eidesvik Offshore ASA given historical horizon and risk tolerance towards Eidesvik Offshore. When Macroaxis issues a 'buy' or 'sell' recommendation for Eidesvik Offshore ASA, the advice is generated through an automated system that utilizes algorithms and statistical models.
Eidesvik |
Execute Eidesvik Offshore Buy or Sell Advice
The Eidesvik recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eidesvik Offshore ASA. Macroaxis does not own or have any residual interests in Eidesvik Offshore ASA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eidesvik Offshore's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Eidesvik Offshore Trading Alerts and Improvement Suggestions
| Eidesvik Offshore 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 569.48 M. Net Loss for the year was (15.75 M) with profit before overhead, payroll, taxes, and interest of 296.44 M. | |
| About 81.0% of the company shares are held by company insiders |
Eidesvik Offshore Returns Distribution Density
The distribution of Eidesvik Offshore's historical returns is an attempt to chart the uncertainty of Eidesvik Offshore's future price movements. The chart of the probability distribution of Eidesvik Offshore daily returns describes the distribution of returns around its average expected value. We use Eidesvik Offshore ASA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eidesvik Offshore returns is essential to provide solid investment advice for Eidesvik Offshore.
| Mean Return | 0.20 | Value At Risk | -2.25 | Potential Upside | 3.04 | Standard Deviation | 1.57 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eidesvik Offshore 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.
Eidesvik Offshore 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 Eidesvik Offshore or Energy Equipment & Services 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 Eidesvik Offshore'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 Eidesvik 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 | 0.21 | |
β | Beta against NYSE Composite | -0.35 | |
σ | Overall volatility | 1.60 | |
Ir | Information ratio | 0.07 |
Eidesvik Offshore Volatility Alert
Eidesvik Offshore ASA has relatively low volatility with skewness of 0.14 and kurtosis of 2.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Eidesvik Offshore'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 Eidesvik Offshore'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.Eidesvik Offshore Fundamentals Vs Peers
Comparing Eidesvik Offshore'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 Eidesvik Offshore's direct or indirect competition across all of the common fundamentals between Eidesvik Offshore and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eidesvik Offshore or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eidesvik Offshore's fundamental indicators could also be used in its relative valuation, which is a method of valuing Eidesvik Offshore by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Eidesvik Offshore to competition |
| Fundamentals | Eidesvik Offshore | Peer Average |
| Return On Equity | 0.52 | -0.31 |
| Return On Asset | 0.0072 | -0.14 |
| Profit Margin | 0.35 % | (1.27) % |
| Operating Margin | 0.05 % | (5.51) % |
| Current Valuation | 1.52 B | 16.62 B |
| Shares Outstanding | 62.15 M | 571.82 M |
| Shares Owned By Insiders | 81.18 % | 10.09 % |
| Price To Earning | 1.24 X | 28.72 X |
| Price To Book | 0.85 X | 9.51 X |
| Price To Sales | 0.83 X | 11.42 X |
| Revenue | 569.48 M | 9.43 B |
| Gross Profit | 296.44 M | 27.38 B |
| EBITDA | 58.65 M | 3.9 B |
| Net Income | (15.75 M) | 570.98 M |
| Cash And Equivalents | 330.4 M | 2.7 B |
| Cash Per Share | 7.13 X | 5.01 X |
| Total Debt | 1.1 B | 5.32 B |
| Debt To Equity | 185.70 % | 48.70 % |
| Current Ratio | 3.21 X | 2.16 X |
| Book Value Per Share | 9.66 X | 1.93 K |
| Cash Flow From Operations | 177.12 M | 971.22 M |
| Earnings Per Share | 3.46 X | 3.12 X |
| Target Price | 12.0 | |
| Number Of Employees | 471 | 18.84 K |
| Beta | 0.99 | -0.15 |
| Market Capitalization | 745.8 M | 19.03 B |
| Total Asset | 2.75 B | 29.47 B |
| Retained Earnings | 1.67 B | 9.33 B |
| Working Capital | 403 M | 1.48 B |
| Current Asset | 874 M | 9.34 B |
| Current Liabilities | 471 M | 7.9 B |
| Five Year Return | 2.13 % | |
| Net Asset | 2.75 B |
Eidesvik Offshore Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eidesvik . 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 Eidesvik Offshore Buy or Sell Advice
When is the right time to buy or sell Eidesvik Offshore ASA? Buying financial instruments such as Eidesvik 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 Eidesvik Offshore 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.Did You Try This Idea?
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Companies that provide healthcare goods and services including hospitals, health maintenance organizations, HMOs, or medical aid manufacturers. The Healthcare theme has 20 constituents at this time.
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Check out Eidesvik Offshore 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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When running Eidesvik Offshore's price analysis, check to measure Eidesvik Offshore'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 Eidesvik Offshore is operating at the current time. Most of Eidesvik Offshore's value examination focuses on studying past and present price action to predict the probability of Eidesvik Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eidesvik Offshore's price. Additionally, you may evaluate how the addition of Eidesvik Offshore to your portfolios can decrease your overall portfolio volatility.
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