Havila Shipping (Norway) Today
| HAVI Stock | NOK 7.20 0.10 1.37% |
Performance7 of 100
| Odds Of DistressOver 68
|
Havila Shipping is selling for 7.20 as of the 24th of April 2024. This is a -1.37% down since the beginning of the trading day. The stock's lowest day price was 7.05. Havila Shipping has more than 68 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Havila Shipping ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of July 2022 and ending today, the 24th of April 2024. Click here to learn more.
Havila Shipping ASA, together with its subsidiaries, engages in the shipping business. The company was founded in 2003 and is headquartered in Fosnavg, Norway. HAVILA SHIPPING operates under Marine, Salvage, Dredging, Offshore Services classification in Norway and is traded on Oslo Stock Exchange. The company has 23.78 M outstanding shares. More on Havila Shipping ASA
Moving together with Havila Stock
| 0.72 | EQNR | Equinor ASA Earnings Call Tomorrow | PairCorr |
| 0.71 | TEL | Telenor ASA Earnings Call This Week | PairCorr |
| 0.86 | NHY | Norsk Hydro ASA Earnings Call Today | PairCorr |
Follow Valuation Odds of Bankruptcy
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Havila 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. Havila Shipping's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Havila Shipping or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| MD CEO | Njal Saevik |
| Business Concentration | Energy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors) |
Havila Shipping ASA (HAVI) is traded on Oslo Stock Exchange in Norway and employs 414 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 496.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Havila Shipping's market, we take the total number of its shares issued and multiply it by Havila Shipping'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. Havila Shipping ASA operates under Energy Equipment & Services sector and is part of Energy industry. The entity has 23.78 M outstanding shares.
Havila Shipping ASA has accumulated about 67.05 M in cash with 126.47 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.82.
Check Havila Shipping Probability Of Bankruptcy
Ownership AllocationHavila Shipping secures a total of 23.78 Million outstanding shares. Havila Shipping retains 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. 71.07 (percent) of Havila Shipping outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. 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 Havila Ownership Details
Havila Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Havila Shipping jumping above the current price in 90 days from now is roughly 2.58%. The Havila Shipping ASA probability density function shows the probability of Havila Shipping stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 2.3761. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Havila Shipping will likely underperform. Additionally, havila Shipping ASA has an alpha of 0.6103, implying that it can generate a 0.61 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Havila Shipping to move above the current price in 90 days from now is roughly 2.58 (This Havila Shipping ASA probability density function shows the probability of Havila Stock to fall within a particular range of prices over 90 days) .
Havila Shipping ASA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Havila Shipping market risk premium is the additional return an investor will receive from holding Havila Shipping 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 Havila Shipping. 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 Havila Shipping's alpha and beta are two of the key measurements used to evaluate Havila Shipping's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 4.6 | |||
| Semi Deviation | 4.09 | |||
| Standard Deviation | 8.79 | |||
| Variance | 77.22 |
Havila Stock Against Markets
Picking the right benchmark for Havila Shipping 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 Havila Shipping 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 Havila Shipping is critical whether you are bullish or bearish towards Havila Shipping ASA at a given time. Please also check how Havila Shipping'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 Havila Shipping 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 |
Havila Shipping Corporate Directors
Havila Shipping corporate directors refer to members of a Havila Shipping board of directors. The board of directors generally takes responsibility for the Havila Shipping'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 Havila Shipping's board members must vote for the resolution. The Havila Shipping board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Janicke Driveklepp | Director | Profile | |
| Kjartan Medle | Director | Profile | |
| Jogeir Romestrand | Director | Profile | |
| Roger Granheim | Director | Profile |
How to buy Havila Stock?
Before investing in Havila Shipping, 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 Havila Shipping. To buy Havila Shipping stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Havila Shipping. 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 Havila Shipping stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Havila Shipping 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 Havila Shipping 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 Havila Shipping 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 Havila Shipping ASA?
The danger of trading Havila Shipping 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 Havila Shipping 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 Havila Shipping. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Havila Shipping 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 Havila Shipping 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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Havila Stock analysis
When running Havila Shipping's price analysis, check to measure Havila Shipping'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 Havila Shipping is operating at the current time. Most of Havila Shipping's value examination focuses on studying past and present price action to predict the probability of Havila Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Havila Shipping's price. Additionally, you may evaluate how the addition of Havila Shipping to your portfolios can decrease your overall portfolio volatility.
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