Midsummer (Sweden) Performance
| MIDS Stock | SEK 1.01 0.02 1.94% |
The company secures a Beta (Market Risk) of -0.0947, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Midsummer are expected to decrease at a much lower rate. During the bear market, Midsummer is likely to outperform the market. At this point, Midsummer AB has a negative expected return of -0.16%. Please make sure to verify Midsummer's coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to decide if Midsummer AB performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Midsummer AB has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest uncertain performance, the Stock's basic indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the firm private investors. ...more
| Begin Period Cash Flow | 217.6 M | |
| Total Cashflows From Investing Activities | -115.3 M |
Midsummer |
Midsummer Relative Risk vs. Return Landscape
If you would invest 116.00 in Midsummer AB on August 28, 2024 and sell it today you would lose (15.00) from holding Midsummer AB or give up 12.93% of portfolio value over 90 days. Midsummer AB is generating negative expected returns and assumes 3.3302% volatility on return distribution over the 90 days horizon. Simply put, 29% of stocks are less volatile than Midsummer, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Midsummer Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Midsummer's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Midsummer AB, and traders can use it to determine the average amount a Midsummer'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 = -0.0487
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| Negative Returns | MIDS |
Estimated Market Risk
| 3.33 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Midsummer is not performing at its full potential. However, 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 Midsummer by adding Midsummer to a well-diversified portfolio.
Midsummer Fundamentals Growth
Midsummer Stock prices reflect investors' perceptions of the future prospects and financial health of Midsummer, and Midsummer 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 Midsummer Stock performance.
| Return On Equity | -0.47 | |||
| Return On Asset | -0.12 | |||
| Profit Margin | (1.19) % | |||
| Operating Margin | (1.10) % | |||
| Current Valuation | 1.11 B | |||
| Shares Outstanding | 69.4 M | |||
| Price To Earning | 48.98 X | |||
| Price To Book | 3.96 X | |||
| Price To Sales | 11.64 X | |||
| Revenue | 94.41 M | |||
| EBITDA | (70.83 M) | |||
| Cash And Equivalents | 159.16 M | |||
| Cash Per Share | 2.97 X | |||
| Total Debt | 207.82 M | |||
| Debt To Equity | 0.94 % | |||
| Book Value Per Share | 3.38 X | |||
| Cash Flow From Operations | (63.39 M) | |||
| Earnings Per Share | (0.85) X | |||
| Total Asset | 491.24 M | |||
About Midsummer Performance
Assessing Midsummer's fundamental ratios provides investors with valuable insights into Midsummer's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Midsummer is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Midsummer AB develops and supplies equipment for manufacturing CIGS thin film solar cells in Sweden. It offers Duo, a fully automatic deposition system for CIGS solar cell manufacturing UNO, a platform for CIGS and CZTS solar cells and flexible and lightweight modules for PV applications in membrane roofs, portable power plants, marine installations, vehicle usage, landfill covers, or other infrastructure projects. Midsummer operates under Solar classification in Sweden and is traded on Stockholm Stock Exchange. It employs 109 people.Things to note about Midsummer AB performance evaluation
Checking the ongoing alerts about Midsummer for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Midsummer AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Midsummer AB generated a negative expected return over the last 90 days | |
| Midsummer AB has some characteristics of a very speculative penny stock | |
| Midsummer AB has high historical volatility and very poor performance | |
| Midsummer AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 94.41 M. Net Loss for the year was (129.51 M) with profit before overhead, payroll, taxes, and interest of 27.3 M. | |
| Midsummer AB has accumulated about 159.16 M in cash with (63.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.97, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 51.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Midsummer'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 Midsummer's stock is overvalued or undervalued compared to its peers.
- Examining Midsummer'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 Midsummer's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Midsummer's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Midsummer's stock. These opinions can provide insight into Midsummer's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Midsummer Stock Analysis
When running Midsummer's price analysis, check to measure Midsummer'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 Midsummer is operating at the current time. Most of Midsummer's value examination focuses on studying past and present price action to predict the probability of Midsummer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midsummer's price. Additionally, you may evaluate how the addition of Midsummer to your portfolios can decrease your overall portfolio volatility.