Readly International (Sweden) Performance
| READ Stock | SEK 15.55 0.05 0.32% |
On a scale of 0 to 100, Readly International holds a performance score of 9. The company holds a Beta of -0.25, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Readly International are expected to decrease at a much lower rate. During the bear market, Readly International is likely to outperform the market. Please check Readly International's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Readly International's historical price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Readly International AB are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Readly International unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 521.6 M | |
| Total Cashflows From Investing Activities | -30.6 M |
Readly |
Readly International Relative Risk vs. Return Landscape
If you would invest 1,342 in Readly International AB on September 4, 2024 and sell it today you would earn a total of 213.00 from holding Readly International AB or generate 15.87% return on investment over 90 days. Readly International AB is generating 0.2495% of daily returns and assumes 2.1646% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Readly, and 96% 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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Readly International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Readly International's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Readly International AB, and traders can use it to determine the average amount a Readly International'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 = 0.1153
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Estimated Market Risk
| 2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Readly International is performing at about 9% 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 Readly International by adding it to a well-diversified portfolio.
Readly International Fundamentals Growth
Readly Stock prices reflect investors' perceptions of the future prospects and financial health of Readly International, and Readly International 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 Readly Stock performance.
| Return On Equity | -0.82 | |||
| Return On Asset | -0.21 | |||
| Profit Margin | (0.25) % | |||
| Operating Margin | (0.26) % | |||
| Current Valuation | 260.58 M | |||
| Shares Outstanding | 37.9 M | |||
| Price To Book | 3.82 X | |||
| Price To Sales | 0.80 X | |||
| Revenue | 460.26 M | |||
| EBITDA | (200.01 M) | |||
| Cash And Equivalents | 388 M | |||
| Cash Per Share | 10.42 X | |||
| Total Debt | 16.72 M | |||
| Debt To Equity | 0.11 % | |||
| Book Value Per Share | 3.09 X | |||
| Cash Flow From Operations | (165.47 M) | |||
| Earnings Per Share | (5.47) X | |||
| Total Asset | 507.51 M | |||
About Readly International Performance
Assessing Readly International's fundamental ratios provides investors with valuable insights into Readly International's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Readly International 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.
Readly International AB operates an application that offers digital subscription services for magazines with content from third-party publishers. The company was incorporated in 2012 and is headquartered in Stockholm, Sweden. Readly International is traded on Stockholm Stock Exchange in Sweden.Things to note about Readly International performance evaluation
Checking the ongoing alerts about Readly International for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Readly International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the revenue of 460.26 M. Net Loss for the year was (209.53 M) with profit before overhead, payroll, taxes, and interest of 55.57 M. | |
| Readly International AB has accumulated about 388 M in cash with (165.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.42. | |
| Roughly 18.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Readly International'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 Readly International's stock is overvalued or undervalued compared to its peers.
- Examining Readly International'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 Readly International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Readly International's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Readly International's stock. These opinions can provide insight into Readly International's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Readly Stock Analysis
When running Readly International's price analysis, check to measure Readly International'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 Readly International is operating at the current time. Most of Readly International's value examination focuses on studying past and present price action to predict the probability of Readly International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Readly International's price. Additionally, you may evaluate how the addition of Readly International to your portfolios can decrease your overall portfolio volatility.