Telenor ASA (Norway) Buy Hold or Sell Recommendation

TEL Stock  NOK 120.75  1.70  1.43%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Telenor ASA is 'Not Rated'. Macroaxis provides Telenor ASA buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TEL positions. The advice algorithm takes into account all of Telenor ASA's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Telenor ASA's buy or sell advice are summarized below:
Real Value
0.0
Hype Value
0.0
Market Value
120.75
Naive Value
124.64
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Telenor ASA given historical horizon and risk tolerance towards Telenor ASA. When Macroaxis issues a 'buy' or 'sell' recommendation for Telenor ASA, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Telenor 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 Telenor and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Telenor ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices.

Execute Telenor ASA Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Telenor ASABuy Telenor ASA
Strong Sell

Market Performance

ModestDetails

Volatility

Out of controlDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Almost neglects market trendsDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Telenor ASA has a Mean Deviation of 0.7039, Semi Deviation of 0.724, Standard Deviation of 0.8669, Variance of 0.7516, Downside Variance of 0.6648 and Semi Variance of 0.5241
Macroaxis provides recommendation on Telenor ASA to complement and cross-verify current analyst consensus on Telenor ASA. Our trade recommendation engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Telenor ASA is not overpriced, please validate all Telenor ASA fundamentals, including its price to book, cash and equivalents, cash flow from operations, as well as the relationship between the gross profit and debt to equity .

Telenor ASA Trading Alerts and Improvement Suggestions

The company has accumulated 107.71 B in total debt with debt to equity ratio (D/E) of 4.94, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Telenor ASA has a current ratio of 0.69, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Telenor ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Telenor ASA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Telenor ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Telenor to invest in growth at high rates of return. When we think about Telenor ASA's use of debt, we should always consider it together with cash and equity.
About 54.0% of Telenor ASA outstanding shares are owned by corporate insiders

Telenor ASA Returns Distribution Density

The distribution of Telenor ASA's historical returns is an attempt to chart the uncertainty of Telenor ASA's future price movements. The chart of the probability distribution of Telenor ASA daily returns describes the distribution of returns around its average expected value. We use Telenor ASA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Telenor ASA returns is essential to provide solid investment advice for Telenor ASA.
Mean Return
0.06
Value At Risk
-1.2
Potential Upside
1.58
Standard Deviation
0.87
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Telenor 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.

Telenor 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 Telenor ASA or Diversified Telecommunication 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 Telenor 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 Telenor 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
0.09
β
Beta against NYSE Composite-0.33
σ
Overall volatility
0.87
Ir
Information ratio -0.09

Telenor ASA Volatility Alert

Telenor ASA has low volatility with Treynor Ratio of -0.15, Maximum Drawdown of 3.01 and kurtosis of -0.77. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Telenor 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 Telenor 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.

Telenor ASA Fundamentals Vs Peers

Comparing Telenor 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 Telenor ASA's direct or indirect competition across all of the common fundamentals between Telenor ASA and the related equities. This way, we can detect undervalued stocks with similar characteristics as Telenor ASA or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Telenor ASA's fundamental indicators could also be used in its relative valuation, which is a method of valuing Telenor ASA by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Telenor ASA to competition
FundamentalsTelenor ASAPeer Average
Return On Equity0.28-0.31
Return On Asset0.0493-0.14
Profit Margin0.45 %(1.27) %
Operating Margin0.19 %(5.51) %
Current Valuation246.9 B16.62 B
Shares Outstanding1.4 B571.82 M
Shares Owned By Insiders53.97 %10.09 %
Shares Owned By Institutions31.23 %39.21 %
Price To Earning14.70 X28.72 X
Price To Book5.14 X9.51 X
Price To Sales1.14 X11.42 X
Revenue98.95 B9.43 B
Gross Profit62.55 B27.38 B
EBITDA44.07 B3.9 B
Net Income10.73 B570.98 M
Cash And Equivalents9.93 B2.7 B
Cash Per Share14.35 X5.01 X
Total Debt107.71 B5.32 B
Debt To Equity4.94 %48.70 %
Current Ratio0.70 X2.16 X
Book Value Per Share42.98 X1.93 K
Cash Flow From Operations39.22 B971.22 M
Earnings Per Share6.62 X3.12 X
Price To Earnings To Growth1.33 X4.89 X
Target Price121.53
Number Of Employees6218.84 K
Beta0.083-0.15
Market Capitalization162.04 B19.03 B
Total Asset239.25 B29.47 B
Z Score0.68.72
Annual Yield0.08 %
Five Year Return5.27 %
Net Asset239.25 B

Telenor ASA Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Telenor . 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 Telenor ASA Buy or Sell Advice

When is the right time to buy or sell Telenor ASA? Buying financial instruments such as Telenor 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 Telenor 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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Video Games Theme
Companies that are involved in the building and marketing of video games or gaming software. The Video Games theme has 24 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 Video Games Theme or any other thematic opportunities.
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Check out Telenor 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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