Nordic Semiconductor (Norway) Buy Hold or Sell Recommendation
| NOD Stock | NOK 91.20 0.96 1.06% |
Assuming the 90 days trading horizon and your way above-average risk tolerance, our recommendation regarding Nordic Semiconductor ASA is 'Strong Sell'. Macroaxis provides Nordic Semiconductor buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NOD positions. The advice algorithm takes into account all of Nordic Semiconductor's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Nordic Semiconductor's buy or sell advice are summarized below:
Real Value 79.26 | Hype Value 91.2 | Market Value 91.2 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nordic Semiconductor ASA given historical horizon and risk tolerance towards Nordic Semiconductor. When Macroaxis issues a 'buy' or 'sell' recommendation for Nordic Semiconductor ASA, the advice is generated through an automated system that utilizes algorithms and statistical models.
Nordic |
Execute Nordic Semiconductor Buy or Sell Advice
The Nordic recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nordic Semiconductor ASA. Macroaxis does not own or have any residual interests in Nordic Semiconductor ASA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nordic Semiconductor's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Nordic Semiconductor Trading Alerts and Improvement Suggestions
| Nordic Semiconductor generated a negative expected return over the last 90 days | |
| Nordic Semiconductor has high historical volatility and very poor performance | |
| About 60.0% of the company shares are owned by institutional investors |
Nordic Semiconductor Returns Distribution Density
The distribution of Nordic Semiconductor's historical returns is an attempt to chart the uncertainty of Nordic Semiconductor's future price movements. The chart of the probability distribution of Nordic Semiconductor daily returns describes the distribution of returns around its average expected value. We use Nordic Semiconductor ASA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nordic Semiconductor returns is essential to provide solid investment advice for Nordic Semiconductor.
| Mean Return | -0.23 | Value At Risk | -3.75 | Potential Upside | 5.58 | Standard Deviation | 4.12 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nordic Semiconductor 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.
Nordic Semiconductor 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 Nordic Semiconductor or Semiconductors & Semiconductor Equipment 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 Nordic Semiconductor'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 Nordic 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 | -0.18 | |
β | Beta against NYSE Composite | -1.3 | |
σ | Overall volatility | 4.20 | |
Ir | Information ratio | -0.07 |
Nordic Semiconductor Volatility Alert
Nordic Semiconductor ASA exhibits very low volatility with skewness of -1.79 and kurtosis of 12.65. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nordic Semiconductor'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 Nordic Semiconductor'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.Nordic Semiconductor Fundamentals Vs Peers
Comparing Nordic Semiconductor'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 Nordic Semiconductor's direct or indirect competition across all of the common fundamentals between Nordic Semiconductor and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nordic Semiconductor or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nordic Semiconductor's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nordic Semiconductor by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nordic Semiconductor to competition |
| Fundamentals | Nordic Semiconductor | Peer Average |
| Return On Equity | 0.23 | -0.31 |
| Return On Asset | 0.15 | -0.14 |
| Profit Margin | 0.16 % | (1.27) % |
| Operating Margin | 0.21 % | (5.51) % |
| Current Valuation | 32.05 B | 16.62 B |
| Shares Outstanding | 190.96 M | 571.82 M |
| Shares Owned By Insiders | 13.72 % | 10.09 % |
| Shares Owned By Institutions | 59.96 % | 39.21 % |
| Price To Book | 6.47 X | 9.51 X |
| Price To Sales | 44.53 X | 11.42 X |
| Revenue | 776.73 M | 9.43 B |
| Gross Profit | 436.79 M | 27.38 B |
| EBITDA | 180.85 M | 3.9 B |
| Net Income | 167.16 M | 570.98 M |
| Cash And Equivalents | 379.1 M | 2.7 B |
| Cash Per Share | 0.50 X | 5.01 X |
| Total Debt | 14.86 M | 5.32 B |
| Debt To Equity | 9.80 % | 48.70 % |
| Current Ratio | 3.95 X | 2.16 X |
| Book Value Per Share | 3.05 X | 1.93 K |
| Cash Flow From Operations | 142.71 M | 971.22 M |
| Earnings Per Share | 6.26 X | 3.12 X |
| Price To Earnings To Growth | 4.01 X | 4.89 X |
| Target Price | 157.63 | |
| Number Of Employees | 1.45 K | 18.84 K |
| Beta | 1.42 | -0.15 |
| Market Capitalization | 28.09 B | 19.03 B |
| Total Asset | 776.24 M | 29.47 B |
| Working Capital | 77 M | 1.48 B |
| Current Asset | 120 M | 9.34 B |
| Current Liabilities | 43 M | 7.9 B |
| Net Asset | 776.24 M |
Nordic Semiconductor Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nordic . 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 Nordic Semiconductor Buy or Sell Advice
When is the right time to buy or sell Nordic Semiconductor ASA? Buying financial instruments such as Nordic 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 Nordic Semiconductor 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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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 Restaurants Theme or any other thematic opportunities.
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Check out Nordic Semiconductor 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. Note that the Nordic Semiconductor ASA information on this page should be used as a complementary analysis to other Nordic Semiconductor's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Nordic Stock analysis
When running Nordic Semiconductor's price analysis, check to measure Nordic Semiconductor'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 Nordic Semiconductor is operating at the current time. Most of Nordic Semiconductor's value examination focuses on studying past and present price action to predict the probability of Nordic Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic Semiconductor's price. Additionally, you may evaluate how the addition of Nordic Semiconductor to your portfolios can decrease your overall portfolio volatility.
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