Norsk Hydro Asa Stock Today

NHYKF Stock  USD 5.54  0.07  1.25%   

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Norsk Hydro is trading at 5.54 as of the 28th of March 2024. This is a -1.25 percent decrease since the beginning of the trading day. The stock's lowest day price was 5.43. Norsk Hydro 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 Norsk Hydro ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, remelting, and recycling activities and provision of extruded solutions worldwide. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway. The company has 2.04 B outstanding shares. More on Norsk Hydro ASA

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Follow Valuation Odds of Bankruptcy
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Norsk OTC 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. Norsk Hydro's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Norsk Hydro or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOSvein Brandtzaeg
Business ConcentrationAluminum, Basic Materials (View all Sectors)
Norsk Hydro ASA [NHYKF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Large-Cap' category with a current market capitalization of 16.13 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Norsk Hydro's market, we take the total number of its shares issued and multiply it by Norsk Hydro'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. Norsk Hydro ASA classifies itself under Basic Materials sector and is part of Aluminum industry. The entity has 2.04 B outstanding shares. Norsk Hydro ASA has accumulated about 28.36 B in cash with 14.33 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.82, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Norsk Hydro Probability Of Bankruptcy
Ownership Allocation
Norsk Hydro ASA maintains a total of 2.04 Billion outstanding shares. Norsk Hydro ASA holds 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. Please note that no matter how many assets the company has, 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 Norsk Ownership Details

Norsk Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Norsk Hydro jumping above the current price in 90 days from now is about 69.52%. The Norsk Hydro ASA probability density function shows the probability of Norsk Hydro otc stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the otc stock has a beta coefficient of 1.4201. This 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, Norsk Hydro will likely underperform. Additionally, norsk Hydro ASA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 5.54HorizonTargetOdds Above 5.54
30.33%90 days
 5.54 
69.52%
Based on a normal probability distribution, the odds of Norsk Hydro to move above the current price in 90 days from now is about 69.52 (This Norsk Hydro ASA probability density function shows the probability of Norsk OTC Stock to fall within a particular range of prices over 90 days) .

Norsk Hydro ASA Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Norsk Hydro market risk premium is the additional return an investor will receive from holding Norsk Hydro 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 Norsk Hydro. 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 Norsk Hydro's alpha and beta are two of the key measurements used to evaluate Norsk Hydro's performance over the market, the standard measures of volatility play an important role as well.

Norsk Stock Against Markets

Picking the right benchmark for Norsk Hydro otc 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 Norsk Hydro otc 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 Norsk Hydro is critical whether you are bullish or bearish towards Norsk Hydro ASA at a given time. Please also check how Norsk Hydro'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 Norsk Hydro 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.

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Norsk Hydro Corporate Directors

Norsk Hydro corporate directors refer to members of a Norsk Hydro board of directors. The board of directors generally takes responsibility for the Norsk Hydro'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 Norsk Hydro's board members must vote for the resolution. The Norsk Hydro board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Sten MartinsenDirector, Employee RepresentativeProfile
Peter KukielskiDirectorProfile
Irene RummelhoffDirectorProfile
Eva PerssonDirectorProfile

How to buy Norsk OTC Stock?

Before investing in Norsk Hydro, 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 Norsk Hydro. To buy Norsk Hydro stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Norsk Hydro. 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 Norsk Hydro stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Norsk Hydro 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 Norsk Hydro 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 Norsk Hydro 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 Norsk Hydro ASA?

The danger of trading Norsk Hydro ASA is mainly related to its market volatility and OTC Stock 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 Norsk Hydro 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 Norsk Hydro. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Norsk Hydro 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norsk Hydro ASA. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Norsk Hydro's price analysis, check to measure Norsk Hydro'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 Norsk Hydro is operating at the current time. Most of Norsk Hydro's value examination focuses on studying past and present price action to predict the probability of Norsk Hydro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norsk Hydro's price. Additionally, you may evaluate how the addition of Norsk Hydro to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Norsk Hydro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Norsk Hydro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Norsk Hydro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.