Aker ASA (Norway) Today
| AKER Stock | NOK 618.00 6.50 1.06% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Aker ASA is selling for 618.00 as of the 18th of April 2024. This is a 1.06 percent up since the beginning of the trading day. The stock's lowest day price was 609.0. Aker ASA has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Aker ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of September 2022 and ending today, the 18th of April 2024. Click here to learn more.
Aker ASA operates as an industrial investment company primarily in Norway, the European Union, North America, South America, Asia, and internationally. The company was founded in 1841 and is based in Lysaker, Norway. AKER ASA operates under Oil Gas Equipment Services classification in Norway and is traded on Oslo Stock Exchange. The company has 74.29 M outstanding shares. More on Aker ASA
Moving together with Aker Stock
| 0.78 | TEL | Telenor ASA | PairCorr |
| 0.85 | NHY | Norsk Hydro ASA Earnings Call This Week | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Aker 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. Aker ASA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aker ASA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Oyvind Eriksen |
| Business Concentration | Financials, Diversified Financial Services, Oil & Gas Equipment & Services, Energy (View all Sectors) |
Aker ASA (AKER) is traded on Oslo Stock Exchange in Norway and employs 3,111 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 57.24 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Aker ASA's market, we take the total number of its shares issued and multiply it by Aker ASA'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. Aker ASA operates under Diversified Financial Services sector and is part of Financials industry. The entity has 74.29 M outstanding shares.
Aker ASA has accumulated about 11.94 B in cash with 1.8 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 160.75.
Check Aker ASA Probability Of Bankruptcy
Ownership AllocationAker ASA holds a total of 74.29 Million outstanding shares. Aker ASA shows 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. 72.44 percent of Aker 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 secures, 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 Aker Ownership Details
Aker Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Aker ASA jumping above the current price in 90 days from now is about 44.51%. The Aker ASA probability density function shows the probability of Aker ASA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Aker ASA has a beta of -0.226. This suggests as returns on the benchmark increase, returns on holding Aker ASA are expected to decrease at a much lower rate. During a bear market, however, Aker ASA is likely to outperform the market. Additionally, aker ASA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Aker ASA to move above the current price in 90 days from now is about 44.51 (This Aker ASA probability density function shows the probability of Aker Stock to fall within a particular range of prices over 90 days) .
Aker ASA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Aker ASA market risk premium is the additional return an investor will receive from holding Aker ASA 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 Aker ASA. 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 Aker ASA's alpha and beta are two of the key measurements used to evaluate Aker ASA's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8943 | |||
| Standard Deviation | 1.12 | |||
| Variance | 1.26 | |||
| Risk Adjusted Performance | (0.02) |
Aker Stock Against Markets
Picking the right benchmark for Aker ASA 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 Aker ASA 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 Aker ASA is critical whether you are bullish or bearish towards Aker ASA at a given time. Please also check how Aker ASA'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 Aker ASA 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?
Run Watchlist Optimization Now
Watchlist OptimizationOptimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
| All Next | Launch Module |
Aker ASA Corporate Directors
Aker ASA corporate directors refer to members of an Aker ASA board of directors. The board of directors generally takes responsibility for the Aker ASA's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Aker ASA's board members must vote for the resolution. The Aker ASA board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Per Reppe | Investor Relations Director | Profile | |
| Arnfinn Stenso | Director, Employees Representative | Profile | |
| Edward Ross | Investment Director | Profile | |
| Haakon Berg | Investment Director – Responsible for the Follow-Up of Aker Asa's Oil Service Investments | Profile |
How to buy Aker Stock?
Before investing in Aker ASA, 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 Aker ASA. To buy Aker ASA stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Aker ASA. 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 Aker ASA stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Aker 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 Aker 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 Aker 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 Aker ASA?
The danger of trading Aker 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 Aker ASA 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 Aker ASA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aker 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 Aker 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. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Aker Stock analysis
When running Aker ASA's price analysis, check to measure Aker ASA'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 Aker ASA is operating at the current time. Most of Aker ASA's value examination focuses on studying past and present price action to predict the probability of Aker ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aker ASA's price. Additionally, you may evaluate how the addition of Aker ASA to your portfolios can decrease your overall portfolio volatility.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| CEOs Directory Screen CEOs from public companies around the world | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |