Grieg Seafood (Norway) Today
| GSF Stock | NOK 64.65 0.30 0.46% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Grieg Seafood is selling for 64.65 as of the 20th of April 2024. This is a -0.46 percent down since the beginning of the trading day. The stock's lowest day price was 64.3. Grieg Seafood 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 Grieg Seafood ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of April 2023 and ending today, the 20th of April 2024. Click here to learn more.
Grieg Seafood ASA, through its subsidiaries, operates as a fish farming company. Grieg Seafood ASA was founded in 1884 and is headquartered in Bergen, Norway. GRIEG SEAFOOD operates under Packaged Foods classification in Norway and is traded on Oslo Stock Exchange. The company has 112.03 M outstanding shares. More on Grieg Seafood ASA
Moving against Grieg Stock
| 0.41 | AGLX | Agilyx AS Earnings Call This Week | PairCorr |
Follow Valuation Odds of Bankruptcy
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Grieg 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. Grieg Seafood's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Grieg Seafood or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Natural Foods (View all Themes) |
| Business Concentration | Natural Foods, Packaged Foods, Consumer Defensive (View all Sectors) |
Grieg Seafood ASA (GSF) is traded on Oslo Stock Exchange in Norway and employs 750 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Grieg Seafood's market, we take the total number of its shares issued and multiply it by Grieg Seafood'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. Grieg Seafood ASA operates under Consumer Defensive sector and is part of Packaged Foods industry. The entity has 112.03 M outstanding shares.
Grieg Seafood ASA has accumulated about 283.22 M in cash with 601.48 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.52.
Check Grieg Seafood Probability Of Bankruptcy
Ownership AllocationGrieg Seafood secures a total of 112.03 Million outstanding shares. Grieg Seafood secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Grieg Ownership Details
Grieg Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Grieg Seafood jumping above the current price in 90 days from now is about 83.39%. The Grieg Seafood ASA probability density function shows the probability of Grieg Seafood stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Grieg Seafood ASA has a beta of -0.0143. This usually indicates as returns on the benchmark increase, returns on holding Grieg Seafood are expected to decrease at a much lower rate. During a bear market, however, Grieg Seafood ASA is likely to outperform the market. Additionally, grieg Seafood 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 Grieg Seafood to move above the current price in 90 days from now is about 83.39 (This Grieg Seafood ASA probability density function shows the probability of Grieg Stock to fall within a particular range of prices over 90 days) .
Grieg Seafood ASA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Grieg Seafood market risk premium is the additional return an investor will receive from holding Grieg Seafood 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 Grieg Seafood. 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 Grieg Seafood's alpha and beta are two of the key measurements used to evaluate Grieg Seafood's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.69 | |||
| Standard Deviation | 2.26 | |||
| Variance | 5.09 | |||
| Risk Adjusted Performance | (0.02) |
Grieg Stock Against Markets
Picking the right benchmark for Grieg Seafood 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 Grieg Seafood 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 Grieg Seafood is critical whether you are bullish or bearish towards Grieg Seafood ASA at a given time. Please also check how Grieg Seafood'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 Grieg Seafood 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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Grieg Seafood Corporate Management
Elected by the shareholders, the Grieg Seafood's board of directors comprises two types of representatives: Grieg Seafood inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Grieg. The board's role is to monitor Grieg Seafood's management team and ensure that shareholders' interests are well served. Grieg Seafood'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, Grieg Seafood's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kristina Furnes | Group Mang | Profile | |
| Trond Kathenes | Chief Officer | Profile | |
| Alexander Knudsen | Chief Norway | Profile | |
| Atle Sandtorv | Chief Officer | Profile | |
| Tor Homme | Chief Officer | Profile | |
| Kathleen Mathisen | Chief Officer | Profile | |
| Knut Utheim | Chief Officer | Profile |
How to buy Grieg Stock?
Before investing in Grieg Seafood, 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 Grieg Seafood. To buy Grieg Seafood stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Grieg Seafood. 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 Grieg Seafood stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Grieg Seafood 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 Grieg Seafood 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 Grieg Seafood 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 Grieg Seafood ASA?
The danger of trading Grieg Seafood 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 Grieg Seafood 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 Grieg Seafood. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Grieg Seafood 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grieg Seafood 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 Grieg Seafood ASA information on this page should be used as a complementary analysis to other Grieg Seafood'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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Grieg Stock analysis
When running Grieg Seafood's price analysis, check to measure Grieg Seafood'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 Grieg Seafood is operating at the current time. Most of Grieg Seafood's value examination focuses on studying past and present price action to predict the probability of Grieg Seafood's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grieg Seafood's price. Additionally, you may evaluate how the addition of Grieg Seafood to your portfolios can decrease your overall portfolio volatility.
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