Nexam Chemical (Sweden) Buy Hold or Sell Recommendation
| NEXAM Stock | SEK 3.87 0.13 3.25% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Nexam Chemical Holding is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nexam Chemical Holding given historical horizon and risk tolerance towards Nexam Chemical. When Macroaxis issues a 'buy' or 'sell' recommendation for Nexam Chemical Holding, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Nexam Chemical Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Nexam and provide practical buy, sell, or hold advice based on investors' constraints. Nexam Chemical Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Nexam |
Execute Nexam Chemical Buy or Sell Advice
The Nexam recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nexam Chemical Holding. Macroaxis does not own or have any residual interests in Nexam Chemical Holding or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nexam Chemical's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Nexam Chemical Trading Alerts and Improvement Suggestions
| Nexam Chemical generated a negative expected return over the last 90 days | |
| Nexam Chemical has high historical volatility and very poor performance | |
| The company reported the revenue of 219.45 M. Net Loss for the year was (5.46 M) with profit before overhead, payroll, taxes, and interest of 86.73 M. | |
| About 22.0% of the company outstanding shares are owned by corporate insiders |
Nexam Chemical Returns Distribution Density
The distribution of Nexam Chemical's historical returns is an attempt to chart the uncertainty of Nexam Chemical's future price movements. The chart of the probability distribution of Nexam Chemical daily returns describes the distribution of returns around its average expected value. We use Nexam Chemical Holding price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nexam Chemical returns is essential to provide solid investment advice for Nexam Chemical.
| Mean Return | -0.28 | Value At Risk | -5.13 | Potential Upside | 3.67 | Standard Deviation | 3.21 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nexam Chemical historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nexam Chemical Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nexam Chemical or Chemicals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nexam Chemical's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nexam stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.3 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 3.24 | |
Ir | Information ratio | -0.13 |
Nexam Chemical Volatility Alert
Nexam Chemical Holding exhibits very low volatility with skewness of 0.62 and kurtosis of 2.86. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nexam Chemical's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nexam Chemical's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nexam Chemical Fundamentals Vs Peers
Comparing Nexam Chemical's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nexam Chemical's direct or indirect competition across all of the common fundamentals between Nexam Chemical and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nexam Chemical or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nexam Chemical's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nexam Chemical by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nexam Chemical to competition |
| Fundamentals | Nexam Chemical | Peer Average |
| Return On Equity | -0.0573 | -0.31 |
| Return On Asset | -0.0264 | -0.14 |
| Profit Margin | (0.06) % | (1.27) % |
| Operating Margin | (0.05) % | (5.51) % |
| Current Valuation | 388.06 M | 16.62 B |
| Shares Outstanding | 80.92 M | 571.82 M |
| Shares Owned By Insiders | 21.73 % | 10.09 % |
| Shares Owned By Institutions | 9.25 % | 39.21 % |
| Price To Earning | (19.34) X | 28.72 X |
| Price To Book | 1.85 X | 9.51 X |
| Price To Sales | 1.81 X | 11.42 X |
| Revenue | 219.45 M | 9.43 B |
| Gross Profit | 86.73 M | 27.38 B |
| EBITDA | 6.3 M | 3.9 B |
| Net Income | (5.46 M) | 570.98 M |
| Cash And Equivalents | 63.6 M | 2.7 B |
| Cash Per Share | 0.52 X | 5.01 X |
| Total Debt | 11.37 M | 5.32 B |
| Debt To Equity | 28.80 % | 48.70 % |
| Current Ratio | 2.19 X | 2.16 X |
| Book Value Per Share | 2.67 X | 1.93 K |
| Cash Flow From Operations | 7.19 M | 971.22 M |
| Earnings Per Share | (0.08) X | 3.12 X |
| Target Price | 18.0 | |
| Number Of Employees | 58 | 18.84 K |
| Beta | 0.6 | -0.15 |
| Market Capitalization | 385.16 M | 19.03 B |
| Total Asset | 284.35 M | 29.47 B |
| Working Capital | 159 M | 1.48 B |
| Current Asset | 164 M | 9.34 B |
| Current Liabilities | 5 M | 7.9 B |
| Z Score | 19.8 | 8.72 |
| Net Asset | 284.35 M |
Nexam Chemical Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nexam . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Nexam Chemical Buy or Sell Advice
When is the right time to buy or sell Nexam Chemical Holding? Buying financial instruments such as Nexam Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Nexam Stock Analysis
When running Nexam Chemical's price analysis, check to measure Nexam Chemical'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 Nexam Chemical is operating at the current time. Most of Nexam Chemical's value examination focuses on studying past and present price action to predict the probability of Nexam Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexam Chemical's price. Additionally, you may evaluate how the addition of Nexam Chemical to your portfolios can decrease your overall portfolio volatility.