Airthings Asa Stock Net Income
| ARTGF Stock | USD 0.04 0.00 0.00% |
As of the 1st of February, Airthings ASA shows the Mean Deviation of 2.47, risk adjusted performance of (0.08), and Standard Deviation of 10.21. Airthings ASA technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Airthings ASA risk adjusted performance, standard deviation, as well as the relationship between the Standard Deviation and maximum drawdown to decide if Airthings ASA is priced correctly, providing market reflects its regular price of 0.0393 per share. As Airthings ASA appears to be a penny stock we also recommend to validate its information ratio numbers.
Airthings 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 Airthings ASA's valuation are provided below:Airthings ASA does not presently have any fundamental signals 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. Airthings |
Airthings 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 Airthings 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 Airthings ASA.
| 11/03/2025 |
| 02/01/2026 |
If you would invest 0.00 in Airthings ASA on November 3, 2025 and sell it all today you would earn a total of 0.00 from holding Airthings ASA or generate 0.0% return on investment in Airthings ASA over 90 days. Airthings ASA is related to or competes with AFC Energy, DBM Global, Butler National, Agilyx AS, COSCO SHIPPING, Gatekeeper Systems, and Alfen NV. Airthings ASA, together with its subsidiaries, engages in the manufacture and sale of air quality sensors and hardware-e... More
Airthings 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 Airthings 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 Airthings ASA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 82.91 |
Airthings ASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Airthings ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Airthings ASA's standard deviation. In reality, there are many statistical measures that can use Airthings ASA historical prices to predict the future Airthings ASA's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (1.16) | |||
| Total Risk Alpha | (1.76) | |||
| Treynor Ratio | 0.3995 |
Airthings ASA February 1, 2026 Technical Indicators
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| Volume Indicators |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | 0.4095 | |||
| Mean Deviation | 2.47 | |||
| Coefficient Of Variation | (812.40) | |||
| Standard Deviation | 10.21 | |||
| Variance | 104.16 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (1.16) | |||
| Total Risk Alpha | (1.76) | |||
| Treynor Ratio | 0.3995 | |||
| Maximum Drawdown | 82.91 | |||
| Skewness | (8.12) | |||
| Kurtosis | 66.0 |
Airthings ASA Backtested Returns
Airthings ASA secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13 % return per unit of risk over the last 3 months. Airthings ASA exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Airthings ASA's Mean Deviation of 2.47, standard deviation of 10.21, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -3.17, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Airthings ASA are expected to decrease by larger amounts. On the other hand, during market turmoil, Airthings ASA is expected to outperform it. At this point, Airthings ASA has a negative expected return of -1.34%. Please make sure to confirm Airthings ASA's information ratio and kurtosis , to decide if Airthings ASA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Airthings ASA has no correlation between past and present. Overlapping area represents the amount of predictability between Airthings ASA time series from 3rd of November 2025 to 18th of December 2025 and 18th of December 2025 to 1st 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 Airthings ASA price movement. The serial correlation of 0.0 indicates that just 0.0% of current Airthings ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Airthings ASA reported net income of (7.26 Million). This is 102.8% lower than that of the Industrials sector and significantly lower than that of the Electrical Equipment & Parts industry. The net income for all United States stocks is 101.27% higher than that of the company.
Airthings Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Airthings ASA's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Airthings ASA could also be used in its relative valuation, which is a method of valuing Airthings ASA by comparing valuation metrics of similar companies.Airthings ASA is currently under evaluation in net income category among its peers.
Airthings Fundamentals
| Return On Equity | -0.15 | |||
| Return On Asset | -0.12 | |||
| Profit Margin | (0.24) % | |||
| Operating Margin | (0.37) % | |||
| Current Valuation | 55.95 M | |||
| Shares Outstanding | 173.99 M | |||
| Shares Owned By Insiders | 50.80 % | |||
| Shares Owned By Institutions | 14.64 % | |||
| Price To Book | 1.71 X | |||
| Price To Sales | 2.29 X | |||
| Revenue | 33.67 M | |||
| Gross Profit | 20.63 M | |||
| EBITDA | (7.75 M) | |||
| Net Income | (7.26 M) | |||
| Cash And Equivalents | 23.17 M | |||
| Cash Per Share | 0.13 X | |||
| Debt To Equity | 0.07 % | |||
| Current Ratio | 5.01 X | |||
| Book Value Per Share | 0.28 X | |||
| Cash Flow From Operations | (15.88 M) | |||
| Number Of Employees | 138 | |||
| Beta | 1.26 | |||
| Market Capitalization | 83.52 M | |||
| Total Asset | 83.68 M | |||
| Net Asset | 83.68 M |
About Airthings ASA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Airthings ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Airthings ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Airthings 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 Airthings Pink Sheet
Airthings ASA financial ratios help investors to determine whether Airthings 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 Airthings with respect to the benefits of owning Airthings ASA security.