OBXEDNB (Norway) Financials

We recommend to use OBXEDNB fundamental analysis to find out if markets are now mispricing the etf. Put it differently this technique allows you to confirm available drivers of OBXEDNB as well as the relationship between them. We were able to interpolate eight available financial ratios for OBXEDNB, which can be compared to its competitors. Please employ OBXEDNB five year return, net asset, and the relationship between the three year return and ten year return to make a decision on whether OBXEDNB is priced adequately.
With this module, you can analyze OBXEDNB financials for your investing period. You should be able to track the changes in OBXEDNB individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past OBXEDNB Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of OBXEDNB's financial statements are interrelated, with each one affecting the others. For example, an increase in OBXEDNB's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 1
OBXEDNB has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for OBXEDNB etf is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in OBXEDNB's official financial statements usually reflect OBXEDNB's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of OBXEDNB. For example, before you start analyzing numbers published by OBXEDNB accountants, it's critical to develop an understanding of what OBXEDNB's liquidity, profitability, and earnings quality are in the context of the DNB Asset Management AS space in which it operates.
Please note, the presentation of OBXEDNB's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, OBXEDNB's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in OBXEDNB's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of OBXEDNB. Please utilize our Beneish M Score to check the likelihood of OBXEDNB's management to manipulate its earnings.

OBXEDNB Company Summary

The fund has a passive investment strategy, which involves copying the composition and yield of the OBX index as closely as possible. OBXEDNB is traded on Oslo Stock Exchange in Norway.
InstrumentNorway Etf
ExchangeOslo Stock Exchange
Investment IssuerOthers
Etf FamilyDNB Asset Management AS

OBXEDNB Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining OBXEDNB's current stock value. Our valuation model uses many indicators to compare OBXEDNB value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across OBXEDNB competition to find correlations between indicators driving OBXEDNB's intrinsic value. More Info.
OBXEDNB is rated number one ETF in five year return as compared to similar ETFs. It is rated number one ETF in one year return as compared to similar ETFs reporting about  3.94  of One Year Return per Five Year Return. . Comparative valuation analysis is a catch-all model that can be used if you cannot value OBXEDNB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for OBXEDNB's Etf . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the OBXEDNB's earnings, one of the primary drivers of an investment's value.
Check out Your Equity Center. Note that the OBXEDNB information on this page should be used as a complementary analysis to other OBXEDNB'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Other Tools for OBXEDNB Etf

When running OBXEDNB price analysis, check to measure OBXEDNB'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 OBXEDNB is operating at the current time. Most of OBXEDNB's value examination focuses on studying past and present price action to predict the probability of OBXEDNB's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OBXEDNB's price. Additionally, you may evaluate how the addition of OBXEDNB to your portfolios can decrease your overall portfolio volatility.
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