Nkt As Stock Market Outlook
| NRKBF Stock | USD 125.72 0.00 0.00% |
Roughly 55% of NKT AS's investor base is interested to short. The analysis of overall sentiment of trading NKT AS pink sheet suggests that many investors are impartial at this time. The current market sentiment, together with NKT AS's historical and current headlines, can help investors time the market. In addition, many technical investors use NKT AS stock news signals to limit their universe of possible portfolio assets.
Comfort Level 45
Impartial
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use NKT AS's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward NKT AS.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding NKT AS is 'Strong Hold'. Macroaxis provides NKT AS buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NKT AS positions.
Execute NKT AS Advice
The NKT recommendation should be used to complement the investment advice compiled from the current analysts' consensus on NKT AS. Macroaxis does not own or have any residual interests in NKT AS or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NKT AS's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Fair | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
For the selected time horizon NKT AS has a Risk Adjusted Performance of 0.1048, Jensen Alpha of 0.1198, Total Risk Alpha of 0.0165 and Treynor Ratio of 1.24Macroaxis provides trade recommendations on NKT AS to complement and cross-verify current analyst consensus on NKT AS. Our advice engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure NKT AS is not overpriced, please verify all NKT AS fundamentals, including its total debt, number of employees, and the relationship between the net income and book value per share . Given that NKT AS has a shares owned by institutions of 37.61 %, we recommend you to check NKT AS market performance and probability of bankruptcy to ensure the company can sustain itself next year given your last-minute risk tolerance and investing horizon.
NKT AS Returns Distribution Density
The distribution of NKT AS's historical returns is an attempt to chart the uncertainty of NKT AS's future price movements. The chart of the probability distribution of NKT AS daily returns describes the distribution of returns around its average expected value. We use NKT AS price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NKT AS returns is essential to provide solid investment analysis for NKT AS.
| Mean Return | 0.14 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 1.08 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NKT AS historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
NKT AS Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to NKT AS or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that NKT AS's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a NKT pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | 0.10 | |
σ | Overall volatility | 1.12 | |
Ir | Information ratio | 0.04 |
NKT AS Volatility Alert
NKT AS exhibits very low volatility with skewness of 8.11 and kurtosis of 65.81. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NKT AS's pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact NKT AS's pink sheet price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.NKT AS Fundamentals Vs Peers
Comparing NKT AS's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze NKT AS's direct or indirect competition across all of the common fundamentals between NKT AS and the related equities. This way, we can detect undervalued stocks with similar characteristics as NKT AS or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of NKT AS's fundamental indicators could also be used in its relative valuation, which is a method of valuing NKT AS by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare NKT AS to competition |
| Fundamentals | NKT AS | Peer Average |
| Return On Equity | 0.0239 | -0.31 |
| Return On Asset | 0.0011 | -0.14 |
| Profit Margin | 0.01 % | (1.27) % |
| Operating Margin | 0 % | (5.51) % |
| Current Valuation | 2.44 B | 16.62 B |
| Shares Outstanding | 42.94 M | 571.82 M |
| Shares Owned By Insiders | 0.17 % | 10.09 % |
| Shares Owned By Institutions | 37.61 % | 39.21 % |
| Price To Earning | 202.13 X | 28.72 X |
| Price To Book | 1.64 X | 9.51 X |
| Price To Sales | 1.12 X | 11.42 X |
| Revenue | 1.91 B | 9.43 B |
| Gross Profit | 678.1 M | 27.38 B |
| EBITDA | 125.2 M | 3.9 B |
| Net Income | 4.1 M | 570.98 M |
| Cash And Equivalents | 196.2 M | 2.7 B |
| Cash Per Share | 4.57 X | 5.01 X |
| Total Debt | 153.9 M | 5.32 B |
| Debt To Equity | 0.20 % | 48.70 % |
| Current Ratio | 1.03 X | 2.16 X |
| Book Value Per Share | 25.18 X | 1.93 K |
| Cash Flow From Operations | 207.8 M | 971.22 M |
| Earnings Per Share | 0.38 X | 3.12 X |
| Number Of Employees | 4.03 K | 18.84 K |
| Beta | 1.54 | -0.15 |
| Market Capitalization | 2.6 B | 19.03 B |
| Total Asset | 2.55 B | 29.47 B |
| Z Score | 9.6 | 8.72 |
| Net Asset | 2.55 B |
NKT AS Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NKT . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 125.72 | |||
| Day Typical Price | 125.72 |
About NKT AS Buy or Sell Advice
When is the right time to buy or sell NKT AS? Buying financial instruments such as NKT Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having NKT AS in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Compulsion Thematic Idea Now
Compulsion
Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Compulsion Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in NKT Pink Sheet
When determining whether NKT AS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NKT AS's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nkt As Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nkt As Stock:Check out NKT AS Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in NKT Pink Sheet please use our How to Invest in NKT AS guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.