AF Gruppen (Norway) Today
| AFG Stock | NOK 133.20 1.60 1.22% |
Performance9 of 100
| Odds Of DistressLess than 37
|
AF Gruppen is selling for 133.20 as of the 23rd of April 2024. This is a 1.22 percent up since the beginning of the trading day. The stock's lowest day price was 131.4. AF Gruppen has about a 37 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for AF Gruppen ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
AF Gruppen ASA, a contracting and industrial company, engages in civil engineering, environment, building, property, energy, and offshore businesses in Norway, Sweden, and internationally. AF Gruppen ASA was founded in 1985 and is headquartered in Oslo, Norway. The company has 107.4 M outstanding shares. More on AF Gruppen ASA
Moving together with AFG Stock
| 0.96 | VEI | Veidekke ASA | PairCorr |
| 0.73 | GOD | Goodtech | PairCorr |
| 0.78 | SDRL | Seadrill | PairCorr |
Moving against AFG Stock
| 0.54 | YAR | Yara International ASA Earnings Call This Week | PairCorr |
| 0.47 | PRS | Prosafe SE | PairCorr |
Follow Valuation Odds of Bankruptcy
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AFG Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. AF Gruppen's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AF Gruppen or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Engineering & Construction, Industrials (View all Sectors) |
AF Gruppen ASA (AFG) is traded on Oslo Stock Exchange in Norway and employs 10 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 16.65 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AF Gruppen's market, we take the total number of its shares issued and multiply it by AF Gruppen's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. AF Gruppen ASA operates under Industrials sector and is part of Engineering & Construction industry. The entity has 107.4 M outstanding shares.
AF Gruppen ASA has accumulated about 405 M in cash with 1.42 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.07.
Check AF Gruppen Probability Of Bankruptcy
Ownership AllocationAF Gruppen ASA secures a total of 107.4 Million outstanding shares. AF Gruppen ASA owns majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 61.52 % of AF Gruppen ASA outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check AFG Ownership Details
AFG Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of AF Gruppen jumping above the current price in 90 days from now is about 19.07%. The AF Gruppen ASA probability density function shows the probability of AF Gruppen stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon AF Gruppen has a beta of 0.1593. This suggests as returns on the market go up, AF Gruppen average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AF Gruppen ASA will be expected to be much smaller as well. Additionally, aF Gruppen ASA has an alpha of 0.0926, implying that it can generate a 0.0926 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of AF Gruppen to move above the current price in 90 days from now is about 19.07 (This AF Gruppen ASA probability density function shows the probability of AFG Stock to fall within a particular range of prices over 90 days) .
AF Gruppen ASA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. AF Gruppen market risk premium is the additional return an investor will receive from holding AF Gruppen long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in AF Gruppen. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although AF Gruppen's alpha and beta are two of the key measurements used to evaluate AF Gruppen's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.16 | |||
| Semi Deviation | 1.44 | |||
| Standard Deviation | 1.44 | |||
| Variance | 2.09 |
AFG Stock Against Markets
Picking the right benchmark for AF Gruppen stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in AF Gruppen stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for AF Gruppen is critical whether you are bullish or bearish towards AF Gruppen ASA at a given time. Please also check how AF Gruppen's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in AF Gruppen without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
AF Gruppen Corporate Management
Elected by the shareholders, the AF Gruppen's board of directors comprises two types of representatives: AF Gruppen inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AFG. The board's role is to monitor AF Gruppen's management team and ensure that shareholders' interests are well served. AF Gruppen's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AF Gruppen's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kelly CPCU | Chief Officer | Profile | |
| Amund Tftum | Chief Officer | Profile | |
| Wibecke Brusdal | Director Communications | Profile | |
| Geir Flata | Ex Property | Profile | |
| Lars Hjelmeset | Ex Offshore | Profile | |
| Tormod Solberg | Ex Construction | Profile | |
| Brd Frydenlund | Ex Sweden | Profile |
How to buy AFG Stock?
Before investing in AF Gruppen, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in AF Gruppen. To buy AF Gruppen stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of AF Gruppen. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase AF Gruppen stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located AF Gruppen ASA stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased AF Gruppen ASA stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as AF Gruppen ASA, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in AF Gruppen ASA?
The danger of trading AF Gruppen ASA is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AF Gruppen is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AF Gruppen. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AF Gruppen ASA is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AF Gruppen 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. Note that the AF Gruppen ASA information on this page should be used as a complementary analysis to other AF Gruppen'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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for AFG Stock analysis
When running AF Gruppen's price analysis, check to measure AF Gruppen'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 AF Gruppen is operating at the current time. Most of AF Gruppen's value examination focuses on studying past and present price action to predict the probability of AF Gruppen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AF Gruppen's price. Additionally, you may evaluate how the addition of AF Gruppen to your portfolios can decrease your overall portfolio volatility.
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