Eidesvik Offshore (Norway) Today
| EIOF Stock | NOK 15.54 0.36 2.26% |
Performance15 of 100
| Odds Of DistressLess than 32
|
Eidesvik Offshore is selling for 15.54 as of the 19th of April 2024. This is a -2.26 percent decrease since the beginning of the trading day. The stock's lowest day price was 15.54. Eidesvik Offshore has about a 32 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Eidesvik Offshore ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of May 2022 and ending today, the 19th of April 2024. Click here to learn more.
Eidesvik Offshore ASA, a shipping company, operates ships in the supply, seismic, and subsea business areas. It operates 10 platform supply vessels a fleet of 4 subsea ships and a fleet of 12 ships related to seismic. EIDESVIK OFFSHORE operates under Shipping classification in Norway and is traded on Oslo Stock Exchange.. The company has 62.15 M outstanding shares. More on Eidesvik Offshore ASA
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Follow Valuation Odds of Bankruptcy
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Eidesvik 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. Eidesvik Offshore's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eidesvik Offshore or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Jan Meling |
| Thematic Idea | Outsourcing (View all Themes) |
| Business Concentration | Outsourcing, Energy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors) |
Eidesvik Offshore ASA (EIOF) is traded on Oslo Stock Exchange in Norway and employs 471 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 745.8 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eidesvik Offshore's market, we take the total number of its shares issued and multiply it by Eidesvik Offshore'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. Eidesvik Offshore ASA operates under Energy Equipment & Services sector and is part of Energy industry. The entity has 62.15 M outstanding shares.
Eidesvik Offshore ASA has accumulated about 330.4 M in cash with 177.12 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.13.
Check Eidesvik Offshore Probability Of Bankruptcy
Ownership AllocationEidesvik Offshore holds a total of 62.15 Million outstanding shares. Eidesvik Offshore 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. 81.18 percent of Eidesvik Offshore ASA outstanding shares that are owned by insiders denotes 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 Eidesvik Ownership Details
Eidesvik Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Eidesvik Offshore jumping above the current price in 90 days from now is under 4%. The Eidesvik Offshore ASA probability density function shows the probability of Eidesvik Offshore stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Eidesvik Offshore has a beta of 0.4303 suggesting as returns on the market go up, Eidesvik Offshore average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eidesvik Offshore ASA will be expected to be much smaller as well. Additionally, eidesvik Offshore ASA has an alpha of 0.2173, implying that it can generate a 0.22 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Eidesvik Offshore to move above the current price in 90 days from now is under 4 (This Eidesvik Offshore ASA probability density function shows the probability of Eidesvik Stock to fall within a particular range of prices over 90 days) .
Eidesvik Offshore ASA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Eidesvik Offshore market risk premium is the additional return an investor will receive from holding Eidesvik Offshore 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 Eidesvik Offshore. 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 Eidesvik Offshore's alpha and beta are two of the key measurements used to evaluate Eidesvik Offshore's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.03 | |||
| Semi Deviation | 1.0 | |||
| Standard Deviation | 1.49 | |||
| Variance | 2.22 |
Eidesvik Stock Against Markets
Picking the right benchmark for Eidesvik Offshore 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 Eidesvik Offshore 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 Eidesvik Offshore is critical whether you are bullish or bearish towards Eidesvik Offshore ASA at a given time. Please also check how Eidesvik Offshore'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 Eidesvik Offshore 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 |
Eidesvik Offshore Corporate Directors
Eidesvik Offshore corporate directors refer to members of an Eidesvik Offshore board of directors. The board of directors generally takes responsibility for the Eidesvik Offshore'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 Eidesvik Offshore's board members must vote for the resolution. The Eidesvik Offshore board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Synne Syrrist | Director | Profile | |
| Monica Havskjold | Independent Director | Profile | |
| John Stangeland | Director | Profile | |
| Lauritz Eidesvik | Director | Profile |
How to buy Eidesvik Stock?
Before investing in Eidesvik Offshore, 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 Eidesvik Offshore. To buy Eidesvik Offshore stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Eidesvik Offshore. 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 Eidesvik Offshore stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Eidesvik Offshore 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 Eidesvik Offshore 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 Eidesvik Offshore 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 Eidesvik Offshore ASA?
The danger of trading Eidesvik Offshore 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 Eidesvik Offshore 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 Eidesvik Offshore. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eidesvik Offshore 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eidesvik Offshore 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Eidesvik Stock analysis
When running Eidesvik Offshore's price analysis, check to measure Eidesvik Offshore'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 Eidesvik Offshore is operating at the current time. Most of Eidesvik Offshore's value examination focuses on studying past and present price action to predict the probability of Eidesvik Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eidesvik Offshore's price. Additionally, you may evaluate how the addition of Eidesvik Offshore to your portfolios can decrease your overall portfolio volatility.
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