Minesto AB Financials
| MINEST Stock | SEK 2.44 0.09 3.83% |
Minesto |
Understanding current and past Minesto AB Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Minesto AB's financial statements are interrelated, with each one affecting the others. For example, an increase in Minesto AB's assets may result in an increase in income on the income statement.
Please note, the presentation of Minesto 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, Minesto AB's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Minesto AB's management manipulating its earnings.
Minesto AB Stock Summary
Minesto AB competes with SolTech Energy, Eolus Vind, Climeon AB, and Powercell Sweden. Minesto AB operates as a developer of marine energy technology solution in Sweden, Wales, and Northern Ireland. The company was founded in 2007 and is headquartered in Gothenburg, Sweden. Minesto AB is traded on Stockholm Stock Exchange in Sweden.| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | SE0007578141 |
| Business Address | Vita gavelns vAeg |
| Sector | Utilities |
| Industry | Utilities - Independent Power Producers |
| Benchmark | Dow Jones Industrial |
| Website | www.minesto.com |
| Phone | 46 31 29 00 60 |
| Currency | SEK - Swedish Kronor |
You should never invest in Minesto AB without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Minesto Stock, because this is throwing your money away. Analyzing the key information contained in Minesto AB's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Minesto AB Key Financial Ratios
Minesto AB's financial ratios allow both analysts and investors to convert raw data from Minesto AB's financial statements into concise, actionable information that can be used to evaluate the performance of Minesto AB over time and compare it to other companies across industries.| Return On Equity | -0.0303 | |||
| Return On Asset | -0.024 | |||
| Number Of Employees | 59 | |||
| Beta | 0.92 |
Minesto Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Minesto AB's current stock value. Our valuation model uses many indicators to compare Minesto AB value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Minesto AB competition to find correlations between indicators driving Minesto AB's intrinsic value. More Info.Minesto AB is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Minesto AB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Minesto 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.Minesto AB Systematic Risk
Minesto AB's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Minesto 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Minesto AB correlated with the market. If Beta is less than 0 Minesto AB generally moves in the opposite direction as compared to the market. If Minesto AB Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Minesto AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Minesto AB is generally in the same direction as the market. If Beta > 1 Minesto AB moves generally in the same direction as, but more than the movement of the benchmark.
Minesto AB November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Minesto AB help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Minesto AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Minesto AB based on widely used predictive technical indicators. In general, we focus on analyzing Minesto Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Minesto AB's daily price indicators and compare them against related drivers.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 29.47 | |||
| Value At Risk | (6.48) | |||
| Potential Upside | 6.67 |
Complementary Tools for Minesto Stock analysis
When running Minesto AB's price analysis, check to measure Minesto 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 Minesto AB is operating at the current time. Most of Minesto AB's value examination focuses on studying past and present price action to predict the probability of Minesto 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 Minesto AB's price. Additionally, you may evaluate how the addition of Minesto AB to your portfolios can decrease your overall portfolio volatility.
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