Axfood AB s Stock Has Seen Strong Momentum Does That Call For Deeper Study Of Its Financial Prospects - Simply Wall St
| AXFO Stock | SEK 238.00 4.80 1.98% |
Slightly above 61% of Axfood AB's investor base is looking to short. The analysis of current outlook of investing in Axfood AB suggests that many traders are alarmed regarding Axfood AB's prospects. Axfood AB's investing sentiment can be driven by a variety of factors including economic data, Axfood AB's earnings reports, geopolitical events, and overall market trends.
Axfood |
Axfood AB s Stock Has Seen Strong Momentum Does That Call For Deeper Study Of Its Financial Prospects Simply Wall St
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Axfood AB Fundamental Analysis
We analyze Axfood AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Axfood AB using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Axfood AB based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Asset
Current Asset Comparative Analysis
Axfood AB is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Axfood AB Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Axfood AB stock to make a market-neutral strategy. Peer analysis of Axfood AB could also be used in its relative valuation, which is a method of valuing Axfood AB by comparing valuation metrics with similar companies.
Peers
Axfood AB Related Equities
| AZA | Avanza Bank | 1.46 | ||||
| TEL2-B | Tele2 AB | 1.27 | ||||
| INVE-B | Investor | 0.39 | ||||
| KINV-B | Kinnevik Investment | 0.49 | ||||
| CAST | Castellum | 1.79 |
Additional Tools for Axfood Stock Analysis
When running Axfood AB's price analysis, check to measure Axfood 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 Axfood AB is operating at the current time. Most of Axfood AB's value examination focuses on studying past and present price action to predict the probability of Axfood 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 Axfood AB's price. Additionally, you may evaluate how the addition of Axfood AB to your portfolios can decrease your overall portfolio volatility.