Scatec Asa Stock Beta
| STECF Stock | USD 12.60 0.00 0.00% |
As of the 21st of February, Scatec ASA has the Variance of 25.12, coefficient of variation of 581.22, and Risk Adjusted Performance of 0.1397. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Scatec ASA, as well as the relationship between them. Please validate Scatec ASA mean deviation, variance, as well as the relationship between the Variance and maximum drawdown to decide if Scatec ASA is priced more or less accurately, providing market reflects its prevalent price of 12.6 per share. Given that Scatec ASA has variance of 25.12, we advise you to double-check Scatec ASA's current market performance to make sure the company can sustain itself at a future point.
Scatec ASA's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Scatec ASA's valuation are provided below:Scatec ASA does not presently have any fundamental trend indicators for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Scatec |
Scatec ASA 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Scatec ASA's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Scatec ASA.
| 11/23/2025 |
| 02/21/2026 |
If you would invest 0.00 in Scatec ASA on November 23, 2025 and sell it all today you would earn a total of 0.00 from holding Scatec ASA or generate 0.0% return on investment in Scatec ASA over 90 days. Scatec ASA is related to or competes with Drax Group, Public PowerSA, Drax Group, China Suntien, Electric Power, and Tohoku Electric. Scatec ASA, together with its subsidiaries, operates as a renewable power producer worldwide More
Scatec ASA Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Scatec ASA's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Scatec ASA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.156 | |||
| Maximum Drawdown | 34.04 |
Scatec ASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scatec ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scatec ASA's standard deviation. In reality, there are many statistical measures that can use Scatec ASA historical prices to predict the future Scatec ASA's volatility.| Risk Adjusted Performance | 0.1397 | |||
| Jensen Alpha | 0.9148 | |||
| Total Risk Alpha | 0.3888 | |||
| Treynor Ratio | (0.96) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Scatec ASA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Scatec ASA February 21, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1397 | |||
| Market Risk Adjusted Performance | (0.95) | |||
| Mean Deviation | 1.67 | |||
| Coefficient Of Variation | 581.22 | |||
| Standard Deviation | 5.01 | |||
| Variance | 25.12 | |||
| Information Ratio | 0.156 | |||
| Jensen Alpha | 0.9148 | |||
| Total Risk Alpha | 0.3888 | |||
| Treynor Ratio | (0.96) | |||
| Maximum Drawdown | 34.04 | |||
| Skewness | 5.94 | |||
| Kurtosis | 35.53 |
Scatec ASA Backtested Returns
Scatec ASA appears to be slightly risky, given 3 months investment horizon. Scatec ASA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18 % return per unit of risk over the last 3 months. By inspecting Scatec ASA's technical indicators, you can evaluate if the expected return of 0.92% is justified by implied risk. Please review Scatec ASA's Risk Adjusted Performance of 0.1397, coefficient of variation of 581.22, and Variance of 25.12 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Scatec ASA holds a performance score of 14. The entity has a beta of -0.89, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Scatec ASA are expected to decrease slowly. On the other hand, during market turmoil, Scatec ASA is expected to outperform it slightly. Please check Scatec ASA's maximum drawdown, and the relationship between the variance and rate of daily change , to make a quick decision on whether Scatec ASA's existing price patterns will revert.
Auto-correlation | 0.65 |
Good predictability
Scatec ASA has good predictability. Overlapping area represents the amount of predictability between Scatec ASA time series from 23rd of November 2025 to 7th of January 2026 and 7th of January 2026 to 21st of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Scatec ASA price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Scatec ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 1.15 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Scatec ASA has a Beta of 1.2233. This is 171.84% higher than that of the Utilities sector and significantly higher than that of the Utilities—Renewable industry. The beta for all United States stocks is notably lower than that of the firm.
Scatec Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Scatec ASA's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Scatec ASA could also be used in its relative valuation, which is a method of valuing Scatec ASA by comparing valuation metrics of similar companies.Scatec ASA is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Scatec ASA will likely underperform.
Scatec Fundamentals
| Return On Equity | -0.13 | |||
| Return On Asset | 0.0165 | |||
| Profit Margin | (0.44) % | |||
| Operating Margin | 0.31 % | |||
| Current Valuation | 3.37 B | |||
| Shares Outstanding | 158.92 M | |||
| Shares Owned By Insiders | 26.81 % | |||
| Shares Owned By Institutions | 47.63 % | |||
| Price To Earning | 32.14 X | |||
| Price To Book | 2.88 X | |||
| Price To Sales | 0.71 X | |||
| Revenue | 3.04 B | |||
| Gross Profit | 3 B | |||
| EBITDA | 2.95 B | |||
| Net Income | 388 M | |||
| Cash And Equivalents | 4.17 B | |||
| Cash Per Share | 26.25 X | |||
| Total Debt | 18.58 B | |||
| Debt To Equity | 2.05 % | |||
| Current Ratio | 1.94 X | |||
| Book Value Per Share | 52.00 X | |||
| Cash Flow From Operations | 2.07 B | |||
| Earnings Per Share | (0.48) X | |||
| Number Of Employees | 800 | |||
| Beta | 1.22 | |||
| Market Capitalization | 2.11 B | |||
| Total Asset | 33.03 B | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 33.03 B | |||
| Last Dividend Paid | 1.94 |
About Scatec ASA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Scatec ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Scatec ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Scatec ASA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Other Information on Investing in Scatec Pink Sheet
Scatec ASA financial ratios help investors to determine whether Scatec Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Scatec with respect to the benefits of owning Scatec ASA security.