Zalaris ASA (Norway) Today
ZAL Stock | NOK 68.00 1.60 2.41% |
Performance19 of 100
| Odds Of DistressLess than 26
|
Zalaris ASA is selling for 68.00 as of the 28th of March 2024. This is a 2.41 percent increase since the beginning of the trading day. The stock's lowest day price was 66.4. Zalaris ASA has about a 26 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Equity ratings for Zalaris ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2023 and ending today, the 28th of March 2024. Click here to learn more.
Zalaris ASA provides full-service outsourced personnel and payroll services in Norway, Sweden, Denmark, Finland, and internationally. Zalaris ASA was founded in 2000 and is headquartered in Oslo, Norway. ZALARIS ASA operates under Staffing Outsourcing Services classification in Norway and is traded on Oslo Stock Exchange. The company has 21.58 M outstanding shares. More on Zalaris ASA
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Follow Valuation Odds of Bankruptcy
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Zalaris 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. Zalaris ASA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Zalaris ASA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Founder CEO | HansPetter Mellerud |
Business Concentration | Industrials, Professional Services, Staffing & Outsourcing Services, Industrials (View all Sectors) |
Zalaris ASA (ZAL) is traded on Oslo Stock Exchange in Norway and employs 990 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 791.88 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Zalaris ASA's market, we take the total number of its shares issued and multiply it by Zalaris 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. Zalaris ASA operates under Professional Services sector and is part of Industrials industry. The entity has 21.58 M outstanding shares.
Zalaris ASA has accumulated about 69.35 M in cash with 33.04 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.26.
Check Zalaris ASA Probability Of Bankruptcy
Ownership AllocationZalaris ASA retains a total of 21.58 Million outstanding shares. Zalaris ASA owns 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 shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Zalaris Ownership Details
Zalaris Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Zalaris ASA jumping above the current price in 90 days from now is near 1%. The Zalaris ASA probability density function shows the probability of Zalaris ASA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Zalaris ASA has a beta of 0.2759. This usually means as returns on the market go up, Zalaris ASA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Zalaris ASA will be expected to be much smaller as well. Additionally, zalaris ASA has an alpha of 0.5967, implying that it can generate a 0.6 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Zalaris ASA to move above the current price in 90 days from now is near 1 (This Zalaris ASA probability density function shows the probability of Zalaris Stock to fall within a particular range of prices over 90 days) .
Zalaris ASA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Zalaris ASA market risk premium is the additional return an investor will receive from holding Zalaris 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 Zalaris 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 Zalaris ASA's alpha and beta are two of the key measurements used to evaluate Zalaris ASA's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 1.79 | |||
Semi Deviation | 1.37 | |||
Standard Deviation | 2.36 | |||
Variance | 5.55 |
Zalaris Stock Against Markets
Picking the right benchmark for Zalaris 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 Zalaris 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 Zalaris ASA is critical whether you are bullish or bearish towards Zalaris ASA at a given time. Please also check how Zalaris ASA'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 Zalaris 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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Zalaris ASA Corporate Directors
Zalaris ASA corporate directors refer to members of a Zalaris ASA board of directors. The board of directors generally takes responsibility for the Zalaris ASA'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 Zalaris ASA's board members must vote for the resolution. The Zalaris ASA board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Jon Haug | Director | Profile | |
Liselotte Engstam | Director | Profile | |
Adele Pran | Director | Profile | |
Corinna Schaefer | Director | Profile |
How to buy Zalaris Stock?
Before investing in Zalaris 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 Zalaris ASA. To buy Zalaris ASA stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Zalaris 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 Zalaris ASA stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Zalaris 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 Zalaris 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 Zalaris 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 Zalaris ASA?
The danger of trading Zalaris 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 Zalaris 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 Zalaris ASA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Zalaris 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zalaris 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 CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Zalaris Stock analysis
When running Zalaris ASA's price analysis, check to measure Zalaris 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 Zalaris ASA is operating at the current time. Most of Zalaris ASA's value examination focuses on studying past and present price action to predict the probability of Zalaris 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 Zalaris ASA's price. Additionally, you may evaluate how the addition of Zalaris ASA to your portfolios can decrease your overall portfolio volatility.
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