Better Collective (Sweden) Performance
| BETCO Stock | SEK 132.00 0.20 0.15% |
The firm shows a Beta (market volatility) of -0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Better Collective are expected to decrease at a much lower rate. During the bear market, Better Collective is likely to outperform the market. At this point, Better Collective has a negative expected return of -0.67%. Please make sure to confirm Better Collective's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Better Collective 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 Better Collective has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in December 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
| Begin Period Cash Flow | 28.1 M | |
| Total Cashflows From Investing Activities | -219.2 M |
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Better Collective Relative Risk vs. Return Landscape
If you would invest 23,050 in Better Collective on August 28, 2024 and sell it today you would lose (9,850) from holding Better Collective or give up 42.73% of portfolio value over 90 days. Better Collective is generating negative expected returns and assumes 5.5133% volatility on return distribution over the 90 days horizon. Simply put, 49% of stocks are less volatile than Better, 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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Better Collective Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Better Collective's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Better Collective, and traders can use it to determine the average amount a Better Collective'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 = -0.1208
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| Negative Returns | BETCO |
Estimated Market Risk
| 5.51 actual daily | 49 51% of assets are more volatile |
Expected Return
| -0.67 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Better Collective 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 Better Collective by adding Better Collective to a well-diversified portfolio.
Better Collective Fundamentals Growth
Better Stock prices reflect investors' perceptions of the future prospects and financial health of Better Collective, and Better Collective 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 Better Stock performance.
| Return On Equity | 0.1 | |||
| Return On Asset | 0.0494 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.23 % | |||
| Current Valuation | 9.65 B | |||
| Shares Outstanding | 54.37 M | |||
| Price To Earning | 570.00 X | |||
| Price To Book | 1.69 X | |||
| Price To Sales | 32.86 X | |||
| Revenue | 177.05 M | |||
| EBITDA | 38.71 M | |||
| Total Debt | 122.55 M | |||
| Debt To Equity | 40.90 % | |||
| Book Value Per Share | 7.65 X | |||
| Cash Flow From Operations | 31.56 M | |||
| Earnings Per Share | 7.72 X | |||
| Total Asset | 597.38 M | |||
About Better Collective Performance
Assessing Better Collective's fundamental ratios provides investors with valuable insights into Better Collective's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Better Collective 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.
Better Collective AS, together with its subsidiaries, develops educational platforms within the iGaming industry. The company was founded in 2002 and is headquartered in Copenhagen, Denmark. Better Collective operates under Software - Application classification in Sweden and is traded on Stockholm Stock Exchange. It employs 268 people.Things to note about Better Collective performance evaluation
Checking the ongoing alerts about Better Collective for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Better Collective help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Better Collective generated a negative expected return over the last 90 days | |
| Better Collective has high historical volatility and very poor performance | |
| About 48.0% of the company shares are held by company insiders |
- Analyzing Better Collective'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 Better Collective's stock is overvalued or undervalued compared to its peers.
- Examining Better Collective'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 Better Collective's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Better Collective's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Better Collective's stock. These opinions can provide insight into Better Collective's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Better Stock Analysis
When running Better Collective's price analysis, check to measure Better Collective'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 Better Collective is operating at the current time. Most of Better Collective's value examination focuses on studying past and present price action to predict the probability of Better Collective's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Better Collective's price. Additionally, you may evaluate how the addition of Better Collective to your portfolios can decrease your overall portfolio volatility.