Betsson AB Financials
| BETS-B Stock | SEK 142.68 1.06 0.75% |
Betsson |
Understanding current and past Betsson AB Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Betsson AB's financial statements are interrelated, with each one affecting the others. For example, an increase in Betsson AB's assets may result in an increase in income on the income statement.
Please note, the presentation of Betsson AB'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, Betsson AB's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Betsson AB's management manipulating its earnings.
Betsson AB Stock Summary
Betsson AB competes with Serstech. Betsson AB , through its subsidiaries, engages in the online gaming business primarily in the Nordic countries, Western Europe, Central and Easter Europe, Central Asia, and internationally. Betsson AB was founded in 1963 and is based in Stockholm, Sweden. Betsson AB operates under Gambling classification in Sweden and is traded on Stockholm Stock Exchange. It employs 1577 people.| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | SE0022726485 |
| Business Address | Regeringsgatan 28, Stockholm, |
| Sector | Consumer Cyclical |
| Industry | Gambling |
| Benchmark | Dow Jones Industrial |
| Website | www.betssonab.com |
| Phone | 46 8 50 64 03 00 |
| Currency | SEK - Swedish Kronor |
You should never invest in Betsson AB without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Betsson Stock, because this is throwing your money away. Analyzing the key information contained in Betsson AB's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Betsson AB Key Financial Ratios
Betsson AB's financial ratios allow both analysts and investors to convert raw data from Betsson AB's financial statements into concise, actionable information that can be used to evaluate the performance of Betsson AB over time and compare it to other companies across industries.| Return On Equity | 0.16 | |||
| Return On Asset | 0.0696 | |||
| Target Price | 91.49 | |||
| Beta | 0.82 | |||
| Z Score | 53.4 |
Betsson Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Betsson AB's current stock value. Our valuation model uses many indicators to compare Betsson AB value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Betsson AB competition to find correlations between indicators driving Betsson AB's intrinsic value. More Info.Betsson AB is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.44 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Betsson AB is roughly 2.25 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Betsson AB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Betsson AB's Stock. 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.Betsson AB Systematic Risk
Betsson AB's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Betsson AB volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Betsson AB correlated with the market. If Beta is less than 0 Betsson AB generally moves in the opposite direction as compared to the market. If Betsson AB Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Betsson AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Betsson AB is generally in the same direction as the market. If Beta > 1 Betsson AB moves generally in the same direction as, but more than the movement of the benchmark.
Betsson AB November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Betsson AB help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Betsson AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Betsson AB based on widely used predictive technical indicators. In general, we focus on analyzing Betsson Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Betsson AB's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.08 | |||
| Information Ratio | 0.0131 | |||
| Maximum Drawdown | 11.34 | |||
| Value At Risk | (1.76) | |||
| Potential Upside | 2.02 |
Complementary Tools for Betsson Stock analysis
When running Betsson AB's price analysis, check to measure Betsson AB'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 Betsson AB is operating at the current time. Most of Betsson AB's value examination focuses on studying past and present price action to predict the probability of Betsson AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Betsson AB's price. Additionally, you may evaluate how the addition of Betsson AB to your portfolios can decrease your overall portfolio volatility.
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