Acarix AS (Sweden) Performance
| ACARIX Stock | SEK 0.31 0.01 3.33% |
On a scale of 0 to 100, Acarix AS holds a performance score of 2. The firm shows a Beta (market volatility) of 0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Acarix AS's returns are expected to increase less than the market. However, during the bear market, the loss of holding Acarix AS is expected to be smaller as well. Please check Acarix AS's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Acarix AS's price patterns will revert.
Risk-Adjusted Performance
2 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Acarix AS are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Acarix AS sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 64.1 M | |
| Total Cashflows From Investing Activities | -43 K |
Acarix |
Acarix AS Relative Risk vs. Return Landscape
If you would invest 29.00 in Acarix AS on August 28, 2024 and sell it today you would earn a total of 1.00 from holding Acarix AS or generate 3.45% return on investment over 90 days. Acarix AS is generating 0.2313% of daily returns and assumes 6.2508% volatility on return distribution over the 90 days horizon. Simply put, 55% of stocks are less volatile than Acarix, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Acarix AS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Acarix AS's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Acarix AS, and traders can use it to determine the average amount a Acarix AS's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.037
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Estimated Market Risk
| 6.25 actual daily | 55 55% of assets are less volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Acarix AS is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Acarix AS by adding it to a well-diversified portfolio.
Acarix AS Fundamentals Growth
Acarix Stock prices reflect investors' perceptions of the future prospects and financial health of Acarix AS, and Acarix AS fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Acarix Stock performance.
| Return On Equity | -1.46 | |||
| Return On Asset | -0.8 | |||
| Operating Margin | (13.75) % | |||
| Current Valuation | 51.77 M | |||
| Shares Outstanding | 373.33 M | |||
| Price To Book | 1.63 X | |||
| Price To Sales | 15.38 X | |||
| Revenue | 3.76 M | |||
| EBITDA | (48.28 M) | |||
| Cash And Equivalents | 15.86 M | |||
| Cash Per Share | 2.24 X | |||
| Total Debt | 239 K | |||
| Debt To Equity | 2.30 % | |||
| Book Value Per Share | 0.20 X | |||
| Cash Flow From Operations | (48.01 M) | |||
| Earnings Per Share | (0.31) X | |||
| Total Asset | 118.6 M | |||
About Acarix AS Performance
By analyzing Acarix AS's fundamental ratios, stakeholders can gain valuable insights into Acarix AS's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Acarix AS has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Acarix AS has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Acarix AB , a medical technology company, develops and commercializes diagnostic tests for cardiovascular diseases primarily in Europe, China, and the United States. Acarix AB was founded in 2004 and is based in Malm, Sweden. Acarix AB operates under Medical Devices classification in Sweden and is traded on Stockholm Stock Exchange. It employs 11 people.Things to note about Acarix AS performance evaluation
Checking the ongoing alerts about Acarix AS for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Acarix AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Acarix AS had very high historical volatility over the last 90 days | |
| Acarix AS has some characteristics of a very speculative penny stock | |
| Acarix AS has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 3.76 M. Net Loss for the year was (51.73 M) with profit before overhead, payroll, taxes, and interest of 2.82 M. | |
| Acarix AS has accumulated about 15.86 M in cash with (48.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.24, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Acarix AS's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Acarix AS's stock is overvalued or undervalued compared to its peers.
- Examining Acarix AS's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Acarix AS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Acarix AS's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Acarix AS's stock. These opinions can provide insight into Acarix AS's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Acarix Stock analysis
When running Acarix AS's price analysis, check to measure Acarix AS'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 Acarix AS is operating at the current time. Most of Acarix AS's value examination focuses on studying past and present price action to predict the probability of Acarix AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acarix AS's price. Additionally, you may evaluate how the addition of Acarix AS to your portfolios can decrease your overall portfolio volatility.
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