Norsk Hydro (Norway) Buy Hold or Sell Recommendation
| NHY Stock | NOK 69.34 0.72 1.03% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Norsk Hydro ASA is 'Hold'. Macroaxis provides Norsk Hydro buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NHY positions. The advice algorithm takes into account all of Norsk Hydro's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Norsk Hydro's buy or sell advice are summarized below:
Real Value 67.95 | Hype Value 69.34 | Market Value 69.34 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Norsk Hydro ASA given historical horizon and risk tolerance towards Norsk Hydro. When Macroaxis issues a 'buy' or 'sell' recommendation for Norsk Hydro ASA, the advice is generated through an automated system that utilizes algorithms and statistical models.
Norsk |
Execute Norsk Hydro Buy or Sell Advice
The Norsk recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Norsk Hydro ASA. Macroaxis does not own or have any residual interests in Norsk Hydro ASA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Norsk Hydro's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Norsk Hydro Trading Alerts and Improvement Suggestions
| About 34.0% of the company outstanding shares are owned by corporate insiders |
Norsk Hydro Returns Distribution Density
The distribution of Norsk Hydro's historical returns is an attempt to chart the uncertainty of Norsk Hydro's future price movements. The chart of the probability distribution of Norsk Hydro daily returns describes the distribution of returns around its average expected value. We use Norsk Hydro ASA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Norsk Hydro returns is essential to provide solid investment advice for Norsk Hydro.
| Mean Return | 0.17 | Value At Risk | -2.5 | Potential Upside | 4.11 | Standard Deviation | 2.02 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Norsk Hydro 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.
Norsk Hydro 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 Norsk Hydro or Metals & Mining 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 Norsk Hydro'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 Norsk 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 | 0.15 | |
β | Beta against NYSE Composite | 0.08 | |
σ | Overall volatility | 1.98 | |
Ir | Information ratio | 0.05 |
Norsk Hydro Volatility Alert
Norsk Hydro ASA has relatively low volatility with skewness of 0.73 and kurtosis of 0.47. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Norsk Hydro'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 Norsk Hydro'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.Norsk Hydro Fundamentals Vs Peers
Comparing Norsk Hydro'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 Norsk Hydro's direct or indirect competition across all of the common fundamentals between Norsk Hydro and the related equities. This way, we can detect undervalued stocks with similar characteristics as Norsk Hydro or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Norsk Hydro's fundamental indicators could also be used in its relative valuation, which is a method of valuing Norsk Hydro by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Norsk Hydro to competition |
| Fundamentals | Norsk Hydro | Peer Average |
| Return On Equity | 0.34 | -0.31 |
| Return On Asset | 0.19 | -0.14 |
| Profit Margin | 0.15 % | (1.27) % |
| Operating Margin | 0.27 % | (5.51) % |
| Current Valuation | 139.55 B | 16.62 B |
| Shares Outstanding | 2.04 B | 571.82 M |
| Shares Owned By Insiders | 34.26 % | 10.09 % |
| Shares Owned By Institutions | 38.44 % | 39.21 % |
| Price To Earning | 28.69 X | 28.72 X |
| Price To Book | 1.45 X | 9.51 X |
| Price To Sales | 0.67 X | 11.42 X |
| Revenue | 149.65 B | 9.43 B |
| Gross Profit | 60.81 B | 27.38 B |
| EBITDA | 26.02 B | 3.9 B |
| Net Income | 12.16 B | 570.98 M |
| Cash And Equivalents | 22.92 B | 2.7 B |
| Cash Per Share | 5.71 X | 5.01 X |
| Total Debt | 21.99 B | 5.32 B |
| Debt To Equity | 31.30 % | 48.70 % |
| Current Ratio | 1.77 X | 2.16 X |
| Book Value Per Share | 52.21 X | 1.93 K |
| Cash Flow From Operations | 10.68 B | 971.22 M |
| Earnings Per Share | 15.03 X | 3.12 X |
| Price To Earnings To Growth | 0.56 X | 4.89 X |
| Target Price | 76.54 | |
| Number Of Employees | 31 K | 18.84 K |
| Beta | 1.4 | -0.15 |
| Market Capitalization | 155.25 B | 19.03 B |
| Total Asset | 174.51 B | 29.47 B |
| Z Score | 4.2 | 8.72 |
| Annual Yield | 0.04 % | |
| Five Year Return | 2.90 % | |
| Net Asset | 174.51 B |
Norsk Hydro Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Norsk . 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 Norsk Hydro Buy or Sell Advice
When is the right time to buy or sell Norsk Hydro ASA? Buying financial instruments such as Norsk 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 Norsk Hydro 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?
Run Baby Boomer Prospects Thematic Idea Now
Baby Boomer Prospects
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 98 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 Baby Boomer Prospects Theme or any other thematic opportunities.
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Check out Norsk Hydro 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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When running Norsk Hydro's price analysis, check to measure Norsk Hydro'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 Norsk Hydro is operating at the current time. Most of Norsk Hydro's value examination focuses on studying past and present price action to predict the probability of Norsk Hydro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norsk Hydro's price. Additionally, you may evaluate how the addition of Norsk Hydro to your portfolios can decrease your overall portfolio volatility.
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