NOTE AB (Sweden) Performance
| NOTE Stock | SEK 129.90 0.70 0.54% |
The company secures a Beta (Market Risk) of 0.44, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NOTE AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding NOTE AB is expected to be smaller as well. At this point, NOTE AB has a negative expected return of -0.0056%. Please make sure to verify NOTE AB's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if NOTE AB performance from the past will be repeated at some future point.
Risk-Adjusted Performance
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Over the last 90 days NOTE AB has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, NOTE AB is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 67.7 M | |
| Total Cashflows From Investing Activities | -108.8 M |
NOTE |
NOTE AB Relative Risk vs. Return Landscape
If you would invest 13,340 in NOTE AB on August 31, 2024 and sell it today you would lose (350.00) from holding NOTE AB or give up 2.62% of portfolio value over 90 days. NOTE AB is generating negative expected returns and assumes 2.6641% volatility on return distribution over the 90 days horizon. Simply put, 23% of stocks are less volatile than NOTE, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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NOTE AB Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NOTE AB's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NOTE AB, and traders can use it to determine the average amount a NOTE AB'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 = -0.0021
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| Negative Returns | NOTE |
Estimated Market Risk
| 2.66 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NOTE AB 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 NOTE AB by adding NOTE AB to a well-diversified portfolio.
NOTE AB Fundamentals Growth
NOTE Stock prices reflect investors' perceptions of the future prospects and financial health of NOTE AB, and NOTE AB 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 NOTE Stock performance.
| Return On Equity | 0.27 | |||
| Return On Asset | 0.0924 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 5.83 B | |||
| Shares Outstanding | 28.98 M | |||
| Price To Earning | 11.48 X | |||
| Price To Book | 5.34 X | |||
| Price To Sales | 1.51 X | |||
| Revenue | 2.64 B | |||
| EBITDA | 309.51 M | |||
| Cash And Equivalents | 31 M | |||
| Cash Per Share | 1.07 X | |||
| Total Debt | 158 M | |||
| Debt To Equity | 74.00 % | |||
| Book Value Per Share | 37.88 X | |||
| Cash Flow From Operations | (33.12 M) | |||
| Earnings Per Share | 7.63 X | |||
| Total Asset | 2.08 B | |||
| Current Asset | 531 M | |||
| Current Liabilities | 364 M | |||
About NOTE AB Performance
Assessing NOTE AB's fundamental ratios provides investors with valuable insights into NOTE AB's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the NOTE AB 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.
NOTE AB operates as a manufacturing and logistics partner for producing electronics-based products primarily in Sweden, Finland, the United Kingdom, Estonia, and China. NOTE AB was founded in 1999 and is headquartered in Kista, Sweden. NOTE AB operates under Electronic Components classification in Sweden and is traded on Stockholm Stock Exchange. It employs 1058 people.Things to note about NOTE AB performance evaluation
Checking the ongoing alerts about NOTE AB for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NOTE AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NOTE AB generated a negative expected return over the last 90 days | |
| NOTE AB has accumulated kr158 Million in debt which can lead to volatile earnings | |
| NOTE AB has accumulated about 31 M in cash with (33.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.07. | |
| Roughly 46.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing NOTE AB'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 NOTE AB's stock is overvalued or undervalued compared to its peers.
- Examining NOTE AB'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 NOTE AB's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NOTE AB's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NOTE AB's stock. These opinions can provide insight into NOTE AB's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for NOTE Stock Analysis
When running NOTE AB's price analysis, check to measure NOTE 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 NOTE AB is operating at the current time. Most of NOTE AB's value examination focuses on studying past and present price action to predict the probability of NOTE 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 NOTE AB's price. Additionally, you may evaluate how the addition of NOTE AB to your portfolios can decrease your overall portfolio volatility.