Elektroimportoren (Norway) Today
| ELIMP Stock | NOK 8.68 0.10 1.14% |
Performance2 of 100
| Odds Of DistressLess than 9
|
Elektroimportoren is selling at 8.68 as of the 1st of May 2024; that is -1.14 percent decrease since the beginning of the trading day. The stock's open price was 8.78. Elektroimportoren has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Elektroimportoren As are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of April 2024 and ending today, the 1st of May 2024. Click here to learn more.
Elektroimportren AS, together with its subsidiaries, sells electro materials and related products to private and professional customers. The company was founded in 1994 and is based in Oslo, Norway. ELEKTROIMPORTOREN operates under Electronics Computer Distribution classification in Norway and is traded on Oslo Stock Exchange. The company has 21.58 M outstanding shares. More on Elektroimportoren As
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Elektroimportoren 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. Elektroimportoren's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Elektroimportoren or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Electronics & Computer Distribution, Technology, Computing (View all Sectors) |
Elektroimportoren As (ELIMP) is traded on Oslo Stock Exchange in Norway and employs 378 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 981.99 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elektroimportoren's market, we take the total number of its shares issued and multiply it by Elektroimportoren'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. Elektroimportoren operates under Technology sector and is part of Electronics & Computer Distribution industry. The entity has 21.58 M outstanding shares.
Elektroimportoren As has accumulated about 76.44 M in cash with 151.56 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.87.
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Ownership AllocationElektroimportoren retains a total of 21.58 Million outstanding shares. The majority of Elektroimportoren As outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Elektroimportoren to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Elektroimportoren. Please pay attention to any change in the institutional holdings of Elektroimportoren As as this could imply that something significant has changed or is about to change at the company. 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.
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Elektroimportoren Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Elektroimportoren jumping above the current price in 90 days from now is about 47.71%. The Elektroimportoren As probability density function shows the probability of Elektroimportoren stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Elektroimportoren As has a beta of -2.4077 suggesting as returns on its benchmark rise, returns on holding Elektroimportoren As are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Elektroimportoren is expected to outperform its benchmark. Additionally, elektroimportoren As 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 Elektroimportoren to move above the current price in 90 days from now is about 47.71 (This Elektroimportoren As probability density function shows the probability of Elektroimportoren Stock to fall within a particular range of prices over 90 days) .
Elektroimportoren Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Elektroimportoren market risk premium is the additional return an investor will receive from holding Elektroimportoren 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 Elektroimportoren. 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 Elektroimportoren's alpha and beta are two of the key measurements used to evaluate Elektroimportoren's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.0 | |||
| Standard Deviation | 6.15 | |||
| Variance | 37.85 | |||
| Risk Adjusted Performance | (0.05) |
Elektroimportoren Stock Against Markets
Picking the right benchmark for Elektroimportoren 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 Elektroimportoren 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 Elektroimportoren is critical whether you are bullish or bearish towards Elektroimportoren As at a given time. Please also check how Elektroimportoren'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 Elektroimportoren 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 Elektroimportoren Stock?
Before investing in Elektroimportoren, 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 Elektroimportoren. To buy Elektroimportoren stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Elektroimportoren. 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 Elektroimportoren stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Elektroimportoren As 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 Elektroimportoren As 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 Elektroimportoren As, 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 Elektroimportoren As?
The danger of trading Elektroimportoren As 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 Elektroimportoren 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 Elektroimportoren. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Elektroimportoren 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elektroimportoren As. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Elektroimportoren Stock analysis
When running Elektroimportoren's price analysis, check to measure Elektroimportoren'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 Elektroimportoren is operating at the current time. Most of Elektroimportoren's value examination focuses on studying past and present price action to predict the probability of Elektroimportoren's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elektroimportoren's price. Additionally, you may evaluate how the addition of Elektroimportoren to your portfolios can decrease your overall portfolio volatility.
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