Saniona AB (Sweden) Performance
| SANION-TO4 | 1.95 0.01 0.52% |
Saniona AB holds a performance score of 9 on a scale of zero to a hundred. The entity has a beta of -2.3, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Saniona AB are expected to decrease by larger amounts. On the other hand, during market turmoil, Saniona AB is expected to outperform it. Use Saniona AB TO value at risk, as well as the relationship between the skewness and day median price , to analyze future returns on Saniona AB TO.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Saniona AB TO are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite somewhat uncertain basic indicators, Saniona AB sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Saniona |
Saniona AB Relative Risk vs. Return Landscape
If you would invest 99.00 in Saniona AB TO on September 24, 2024 and sell it today you would earn a total of 96.00 from holding Saniona AB TO or generate 96.97% return on investment over 90 days. Saniona AB TO is generating 2.3186% of daily returns and assumes 18.9545% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Saniona on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Saniona AB Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Saniona AB's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Saniona AB TO, and traders can use it to determine the average amount a Saniona 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 = 0.1223
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 18.95 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.32 actual daily | 46 54% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Saniona AB 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 Saniona AB by adding it to a well-diversified portfolio.
Things to note about Saniona AB TO performance evaluation
Checking the ongoing alerts about Saniona AB for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Saniona AB TO help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Saniona AB TO is way too risky over 90 days horizon | |
| Saniona AB TO may become a speculative penny stock | |
| Saniona AB TO appears to be risky and price may revert if volatility continues |
- Analyzing Saniona 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 Saniona AB's stock is overvalued or undervalued compared to its peers.
- Examining Saniona 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 Saniona AB's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Saniona AB's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Saniona AB's stock. These opinions can provide insight into Saniona AB's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Saniona Stock analysis
When running Saniona AB's price analysis, check to measure Saniona 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 Saniona AB is operating at the current time. Most of Saniona AB's value examination focuses on studying past and present price action to predict the probability of Saniona 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 Saniona AB's price. Additionally, you may evaluate how the addition of Saniona AB to your portfolios can decrease your overall portfolio volatility.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
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