New Nordic Financials
| NNH Stock | SEK 15.00 0.10 0.66% |
New |
Understanding current and past New Nordic Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of New Nordic's financial statements are interrelated, with each one affecting the others. For example, an increase in New Nordic's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in New Nordic's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of New Nordic Healthbrands. Check New Nordic's Beneish M Score to see the likelihood of New Nordic's management manipulating its earnings.
New Nordic Stock Summary
New Nordic competes with Stille AB, Midsona AB, Precio Fishbone, C Rad, and Novotek AB. New Nordic Healthbrands AB develops and markets branded food supplements, natural remedies, and related personal care products. New Nordic Healthbrands AB was founded in 1990 and is based in Malm, Sweden. New Nordic operates under Healthcare Products classification in Sweden and is traded on Stockholm Stock Exchange. It employs 49 people.| Foreign Associate | Germany |
| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | SE0001838038 |
| Business Address | Hyllie Boulevard 34, |
| Sector | Healthcare |
| Industry | Drug Manufacturers - Specialty & Generic |
| Benchmark | Dow Jones Industrial |
| Website | www.newnordic.se |
| Phone | 46 40 23 95 20 |
| Currency | SEK - Swedish Kronor |
You should never invest in New Nordic without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of New Stock, because this is throwing your money away. Analyzing the key information contained in New Nordic's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
New Nordic Key Financial Ratios
New Nordic's financial ratios allow both analysts and investors to convert raw data from New Nordic's financial statements into concise, actionable information that can be used to evaluate the performance of New Nordic over time and compare it to other companies across industries.| Return On Equity | -0.0316 | |||
| Return On Asset | -0.0058 | |||
| Number Of Employees | 70 | |||
| Beta | 0.67 | |||
| Z Score | 91.4 |
New Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New Nordic's current stock value. Our valuation model uses many indicators to compare New Nordic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Nordic competition to find correlations between indicators driving New Nordic's intrinsic value. More Info.New Nordic Healthbrands 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 . 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 New Nordic's earnings, one of the primary drivers of an investment's value.New Nordic Healthbrands Systematic Risk
New Nordic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. New Nordic 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 New Nordic Healthbrands correlated with the market. If Beta is less than 0 New Nordic generally moves in the opposite direction as compared to the market. If New Nordic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one New Nordic Healthbrands is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of New Nordic is generally in the same direction as the market. If Beta > 1 New Nordic moves generally in the same direction as, but more than the movement of the benchmark.
New Nordic Thematic Clasifications
New Nordic Healthbrands is part of Health Management investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Healthcare providers, hospitals. Major hospitals and healthcare providers
This theme covers Healthcare providers, hospitals. Major hospitals and healthcare providers. Get More Thematic Ideas
| Health Management | View |
New Nordic November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of New Nordic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of New Nordic Healthbrands. We use our internally-developed statistical techniques to arrive at the intrinsic value of New Nordic Healthbrands based on widely used predictive technical indicators. In general, we focus on analyzing New Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build New Nordic's daily price indicators and compare them against related drivers.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 14.48 | |||
| Value At Risk | (5.45) | |||
| Potential Upside | 3.85 |
Additional Tools for New Stock Analysis
When running New Nordic's price analysis, check to measure New Nordic'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 New Nordic is operating at the current time. Most of New Nordic's value examination focuses on studying past and present price action to predict the probability of New Nordic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Nordic's price. Additionally, you may evaluate how the addition of New Nordic to your portfolios can decrease your overall portfolio volatility.