Prevas AB (Sweden) Performance
| PREV-B Stock | SEK 110.80 4.60 4.33% |
The company holds a Beta of 0.32, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Prevas AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prevas AB is expected to be smaller as well. At this point, Prevas AB has a negative expected return of -0.27%. Please make sure to check Prevas AB's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Prevas 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 Prevas AB has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Stock's technical and fundamental indicators remain somewhat strong which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Begin Period Cash Flow | 83.9 M | |
| Total Cashflows From Investing Activities | -57.7 M |
Prevas |
Prevas AB Relative Risk vs. Return Landscape
If you would invest 13,440 in Prevas AB on September 3, 2024 and sell it today you would lose (2,360) from holding Prevas AB or give up 17.56% of portfolio value over 90 days. Prevas AB is generating negative expected returns and assumes 2.3831% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than Prevas, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Prevas AB Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prevas AB's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Prevas AB, and traders can use it to determine the average amount a Prevas 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 = -0.1125
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| Negative Returns | PREV-B |
Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Prevas 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 Prevas AB by adding Prevas AB to a well-diversified portfolio.
Prevas AB Fundamentals Growth
Prevas Stock prices reflect investors' perceptions of the future prospects and financial health of Prevas AB, and Prevas 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 Prevas Stock performance.
| Return On Equity | 0.23 | |||
| Return On Asset | 0.13 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 1.63 B | |||
| Shares Outstanding | 12.31 M | |||
| Price To Earning | 27.98 X | |||
| Price To Book | 3.16 X | |||
| Price To Sales | 1.25 X | |||
| Revenue | 1.19 B | |||
| EBITDA | 165.47 M | |||
| Cash And Equivalents | 121.83 M | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 63.68 M | |||
| Debt To Equity | 38.70 % | |||
| Book Value Per Share | 42.99 X | |||
| Cash Flow From Operations | 78.61 M | |||
| Earnings Per Share | 10.01 X | |||
| Total Asset | 823.7 M | |||
| Current Asset | 173 M | |||
| Current Liabilities | 169 M | |||
About Prevas AB Performance
By analyzing Prevas AB's fundamental ratios, stakeholders can gain valuable insights into Prevas AB's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Prevas AB 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 Prevas AB has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The company provides product development services, including conceptualization, preliminary studies, requirements analysis and specifications, prototype development, test and certification, industrialization, transfer to production, production management, training and information dissemination, and product support and maintenance. Prevas AB was founded in 1985 and is headquartered in Vsters, Sweden. Prevas AB operates under Information Technology Services classification in Sweden and is traded on Stockholm Stock Exchange. It employs 582 people.Things to note about Prevas AB performance evaluation
Checking the ongoing alerts about Prevas AB for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Prevas AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Prevas AB generated a negative expected return over the last 90 days | |
| About 42.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Prevas 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 Prevas AB's stock is overvalued or undervalued compared to its peers.
- Examining Prevas 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 Prevas AB's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Prevas AB's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Prevas AB's stock. These opinions can provide insight into Prevas AB's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Prevas Stock analysis
When running Prevas AB's price analysis, check to measure Prevas 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 Prevas AB is operating at the current time. Most of Prevas AB's value examination focuses on studying past and present price action to predict the probability of Prevas 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 Prevas AB's price. Additionally, you may evaluate how the addition of Prevas AB to your portfolios can decrease your overall portfolio volatility.
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