SOFF.OL Live signals | Maximize Profits with Getagraph.com

SELL 10816 min ago

@ NOK27.22

Issued: 27 Nov 2023 @ 07:05

Return: 0.66%

Previous signal: Nov 27 - 04:45

Previous signal: Buy

Return: 0.96 %

Live Chart Being Loaded With Signals

Commentary (4 Dec 2023 @ 10:25):
Our systems believe the stock currently is undervalued by 0.24% compare to its pairs and should correct upwards.

Stats
Today's Volume	608 657
Average Volume	1.20M
Market Cap	2.26B
EPS	NOK2.17 ( 2023-12-01 )
Last Dividend	NOK3 455.73 ( 2015-05-19 )
Next Dividend	NOK0 ( N/A )
P/E	45.67
ATR14	NOK1.284 (4.58%)

Correlation (AI algo v.1.1b): Undervalued: 0.24% NOK28.13 paired level. (The Algo Track The Changes Of The Most Correlated Stocks In Realtime And Give An Instant Update)

Volume Correlation

Long: -0.85 (strong negative)

Short: 0.43 (neutral)

Signal:(44) Neutral

Solstad Offshore ASA Correlation

10 Most Positive Correlations
VOW.OL	0.946
XXL.OL	0.939
PLT.OL	0.939
TRVX.OL	0.925
AKH.OL	0.92
KMCP.OL	0.911
EFUEL.OL	0.909
ARGEO.OL	0.907
PHO.OL	0.905
ELABS.OL	0.904

10 Most Negative Correlations
ZAP.OL	-0.883
KAHOT.OL	-0.876
WSTEP.OL	-0.87
NORSE.OL	-0.869
AYFIE.OL	-0.852
ENDUR.OL	-0.845
NTEL.OL	-0.845
BAKKA.OL	-0.813
BOUV.OL	-0.81
BWIDL.OL	-0.808

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Solstad Offshore ASA Correlation - Currency/Commodity

0.17
( neutral )

-0.30
( neutral )

0.00
( neutral )

0.31
( neutral )

0.50
( weak )

-0.31
( neutral )

Solstad Offshore ASA Financials

Annual	2022
Revenue:	NOK6.30B
Gross Profit:	NOK2.67B (42.41 %)
EPS:	NOK-14.53

Q3	2023
Revenue:	NOK1.62B
Gross Profit:	NOK541.17M (33.31 %)
EPS:	NOK-0.320

Q2	2023
Revenue:	NOK1.91B
Gross Profit:	NOK655.24M (34.23 %)
EPS:	NOK4.35

Q1	2023
Revenue:	NOK1.36B
Gross Profit:	NOK323.69M (23.76 %)
EPS:	NOK3.79

Solstad Offshore ASA Dividends

(Q3/21)	(Q4/21)	(Q1/22)	(Q2/22)	(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)
NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)

Solstad Offshore ASA Dividend Information - Ex Dividend Knight

Dividend Sustainability Score: 0 - low (0.00%) | Divividend Growth Potential Score: 10.00 - Dividend likely to be initiated (100.00%)

Information

First Dividend	NOK987.35	2000-05-16
Last Dividend	NOK3 455.73	2015-05-19
Next Dividend	NOK0	N/A
Payout Date	2015-06-10
Next Payout Date
# dividends	16	--
Total Paid Out	NOK36 038	--
Avg. Dividend % Per Year	0.00%	--
Score	3.06	--
Div. Sustainability Score	0
Div.Growth Potential Score	10.00
Div. Directional Score	7.99	--

Next Divdend (Est)
(2024-01-12)

NOK0 Estimate 0.00 %

Dividend Stability

0.03 Very Bad

Dividend Score

3.06

Pay Frequency

Annually

Yearly Payout

Year	Amount	Yield
2000	NOK987.35	3.85%
2001	NOK987.35	2.63%
2002	NOK1 974.70	5.00%
2003	NOK2 468.38	8.33%
2004	NOK0	0.00%
2005	NOK987.35	1.48%
2006	NOK1 974.70	2.01%
2007	NOK3 949.41	2.94%
2008	NOK3 949.41	2.66%
2009	NOK1 974.70	3.12%
2010	NOK2 468.38	2.36%
2011	NOK1 974.70	1.72%
2012	NOK1 481.03	1.85%
2013	NOK2 468.38	2.48%
2014	NOK4 936.76	4.20%
2015	NOK3 455.73	4.43%
2016	NOK0	0.00%
2017	NOK0	0.00%
2018	NOK0	0.00%
2019	NOK0	0.00%
2020	NOK0	0.00%
2021	NOK0	0.00%
2022	NOK0	0.00%
2023	NOK0	0.00%

Dividend Commentary

The company does not currently pay dividends. However, its notable Dividend Growth Potential Score (DGPS) hints at the possibility of initiating dividends in the foreseeable future. Taking all factors into account, there's a glimmer of hope for future dividends, but it remains a wait-and-watch scenario.

Top 10 dividend Companies for OSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend	Score
AMSC.OL	Dividend Royal	2023-11-28	Quarterly	10	30.03%	7.40
VAR.OL	Dividend Royal	2023-11-03	Quarterly	2	12.77%	7.07
ALNG.OL	Dividend King	2023-11-27	Quarterly	1	19.80%	7.04
OKEA.OL	Dividend King	2023-12-01	Quarterly	2	9.47%	6.86
SOR.OL	Dividend King	2023-03-31	Annually	16	7.44%	6.65
DNB.OL	Dividend King	2023-04-26	Annually	20	6.66%	6.36
MELG.OL	Dividend King	2023-03-17	Annually	24	5.54%	5.95
AKRBP.OL	Dividend King	2023-11-01	Quarterly	8	6.47%	5.89
SVEG.OL	Dividend King	2023-10-26	Annually	24	6.14%	5.63
TOTG.OL	Dividend King	2023-03-31	Annually	16	4.96%	5.62

Solstad Offshore ASA

Solstad Offshore ASA operates offshore service and construction vessels for offshore and renewable energy industry worldwide. It provides platform supply vessel, anchor handling vessel, subsea construction, and renewable energy services. The company offers subsea construction and renewable energy services, such as geotechnical work, walk to work services, grouting, SURF operations, deep sea mining, cable laying and repair, trenching and burial, ROV support, installation of subsea equipment, survey work, IMR operations, node seismic operations, and diving and topside maintenance work. It operates a fleet of 25 construction service vessels, 26 anchor handling tug support vessels, and 45 platform supply vessels. The company was founded in 1964 and is headquartered in Skudeneshavn, Norway.