Concentric (Sweden) Performance
| COIC Stock | SEK 230.00 1.00 0.44% |
The firm shows a Beta (market volatility) of 0.52, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Concentric's returns are expected to increase less than the market. However, during the bear market, the loss of holding Concentric is expected to be smaller as well. Concentric AB right now shows a risk of 0.0%. Please confirm Concentric AB standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Concentric AB will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Concentric AB has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Concentric is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 505 M | |
| Total Cashflows From Investing Activities | -1.2 B |
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Concentric Relative Risk vs. Return Landscape
If you would invest (100.00) in Concentric AB on August 24, 2024 and sell it today you would earn a total of 100.00 from holding Concentric AB or generate -100.0% return on investment over 90 days. Concentric AB is generating negative expected returns and assumes 0.0% volatility on return distribution over the 90 days horizon. Simply put, 0% of stocks are less volatile than Concentric, 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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Concentric Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Concentric's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Concentric AB, and traders can use it to determine the average amount a Concentric'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 = 0.0
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Based on monthly moving average Concentric 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 Concentric by adding Concentric to a well-diversified portfolio.
Concentric Fundamentals Growth
Concentric Stock prices reflect investors' perceptions of the future prospects and financial health of Concentric, and Concentric 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 Concentric Stock performance.
| Return On Equity | 0.28 | |||
| Return On Asset | 0.0915 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.15 % | |||
| Current Valuation | 8.81 B | |||
| Shares Outstanding | 38.19 M | |||
| Price To Earning | 11.64 X | |||
| Price To Book | 3.54 X | |||
| Price To Sales | 2.02 X | |||
| Revenue | 2.12 B | |||
| EBITDA | 496 M | |||
| Cash And Equivalents | 677 M | |||
| Cash Per Share | 17.61 X | |||
| Total Debt | 896 M | |||
| Debt To Equity | 25.60 % | |||
| Book Value Per Share | 54.50 X | |||
| Cash Flow From Operations | 260 M | |||
| Earnings Per Share | 12.61 X | |||
| Total Asset | 3.78 B | |||
| Current Asset | 802 M | |||
| Current Liabilities | 378 M | |||
About Concentric Performance
Assessing Concentric's fundamental ratios provides investors with valuable insights into Concentric's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Concentric 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.
Concentric AB designs, develops, manufactures, and distributes engine and hydraulic products in the Americas, Europe, and internationally. The company was founded in 1921 and is headquartered in Linkping, Sweden. Concentric operates under Engines And Heavy Machinery classification in Sweden and is traded on Stockholm Stock Exchange. It employs 893 people.Things to note about Concentric AB performance evaluation
Checking the ongoing alerts about Concentric for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Concentric AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Concentric AB is not yet fully synchronised with the market data | |
| Over 79.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Concentric'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 Concentric's stock is overvalued or undervalued compared to its peers.
- Examining Concentric'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 Concentric's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Concentric's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Concentric's stock. These opinions can provide insight into Concentric's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Concentric Stock Analysis
When running Concentric's price analysis, check to measure Concentric'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 Concentric is operating at the current time. Most of Concentric's value examination focuses on studying past and present price action to predict the probability of Concentric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Concentric's price. Additionally, you may evaluate how the addition of Concentric to your portfolios can decrease your overall portfolio volatility.