Treasure ASA (Norway) Today
| TRE Stock | NOK 20.10 0.20 1.01% |
Performance0 of 100
| Odds Of DistressOver 64
|
Treasure ASA is selling for 20.10 as of the 6th of May 2024. This is a 1.01 percent increase since the beginning of the trading day. The stock's lowest day price was 19.5. Treasure ASA has more than 64 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Treasure ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of April 2024 and ending today, the 6th of May 2024. Click here to learn more.
Treasure ASA, through its 11 percent interest in Hyundai Glovis Co. The company was incorporated in 2016 and is based in Lysaker, Norway. TREASURE ASA is traded on Oslo Stock Exchange in Norway. The company has 207.84 M outstanding shares. More on Treasure ASA
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Treasure 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. Treasure ASA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Treasure ASA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Asset Management, Financial Services (View all Sectors) |
Treasure ASA (TRE) is traded on Oslo Stock Exchange in Norway and employs 2 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.83 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Treasure ASA's market, we take the total number of its shares issued and multiply it by Treasure 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. Treasure ASA operates under Financial Services sector and is part of Asset Management industry. The entity has 207.84 M outstanding shares.
Treasure ASA has accumulated about 37.54 M in cash with 11.27 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18.
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Ownership AllocationTreasure ASA shows a total of 207.84 Million outstanding shares. Treasure ASA has 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. 78.48 % of Treasure ASA outstanding shares that are owned by insiders indicates 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 owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Treasure Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Treasure ASA jumping above the current price in 90 days from now is about 18.62%. The Treasure ASA probability density function shows the probability of Treasure ASA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Treasure ASA has a beta of 0.5401. This usually implies as returns on the market go up, Treasure ASA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Treasure ASA will be expected to be much smaller as well. Additionally, treasure ASA has an alpha of 0.0134, implying that it can generate a 0.0134 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Treasure ASA to move above the current price in 90 days from now is about 18.62 (This Treasure ASA probability density function shows the probability of Treasure Stock to fall within a particular range of prices over 90 days) .
Treasure ASA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Treasure ASA market risk premium is the additional return an investor will receive from holding Treasure 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 Treasure 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 Treasure ASA's alpha and beta are two of the key measurements used to evaluate Treasure ASA's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.12 | |||
| Semi Deviation | 1.22 | |||
| Standard Deviation | 1.5 | |||
| Variance | 2.25 |
Treasure Stock Against Markets
Picking the right benchmark for Treasure 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 Treasure 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 Treasure ASA is critical whether you are bullish or bearish towards Treasure ASA at a given time. Please also check how Treasure ASA's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Treasure 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?
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How to buy Treasure Stock?
Before investing in Treasure 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 Treasure ASA. To buy Treasure ASA stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Treasure 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 Treasure ASA stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Treasure 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 Treasure 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 Treasure 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.
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The danger of trading Treasure 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 Treasure 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 Treasure ASA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Treasure 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Treasure 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 Treasure ASA information on this page should be used as a complementary analysis to other Treasure ASA'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Treasure Stock analysis
When running Treasure ASA's price analysis, check to measure Treasure 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 Treasure ASA is operating at the current time. Most of Treasure ASA's value examination focuses on studying past and present price action to predict the probability of Treasure 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 Treasure ASA's price. Additionally, you may evaluate how the addition of Treasure ASA to your portfolios can decrease your overall portfolio volatility.
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