Elekta AB (Sweden) Performance
| EKTA-B Stock | SEK 63.10 1.30 2.10% |
The firm shows a Beta (market volatility) of 0.0436, which means not very significant fluctuations relative to the market. As returns on the market increase, Elekta AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Elekta AB is expected to be smaller as well. At this point, Elekta AB has a negative expected return of -0.0969%. Please make sure to confirm Elekta AB's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Elekta AB 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 Elekta AB has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Elekta AB is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 4.4 B | |
| Total Cashflows From Investing Activities | -1.6 B |
Elekta |
Elekta AB Relative Risk vs. Return Landscape
If you would invest 6,785 in Elekta AB on August 26, 2024 and sell it today you would lose (475.00) from holding Elekta AB or give up 7.0% of portfolio value over 90 days. Elekta AB is generating negative expected returns and assumes 1.6299% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than Elekta, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Elekta AB Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elekta AB's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Elekta AB, and traders can use it to determine the average amount a Elekta 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 = -0.0594
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| Negative Returns | EKTA-B |
Estimated Market Risk
| 1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Elekta AB 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 Elekta AB by adding Elekta AB to a well-diversified portfolio.
Elekta AB Fundamentals Growth
Elekta Stock prices reflect investors' perceptions of the future prospects and financial health of Elekta AB, and Elekta AB 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 Elekta Stock performance.
| Return On Equity | 0.0962 | |||
| Return On Asset | 0.0343 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 29.06 B | |||
| Shares Outstanding | 367.1 M | |||
| Price To Earning | 44.08 X | |||
| Price To Book | 2.73 X | |||
| Price To Sales | 1.45 X | |||
| Revenue | 14.55 B | |||
| EBITDA | 2.69 B | |||
| Cash And Equivalents | 3.07 B | |||
| Cash Per Share | 10.78 X | |||
| Total Debt | 4.94 B | |||
| Debt To Equity | 58.50 % | |||
| Book Value Per Share | 23.89 X | |||
| Cash Flow From Operations | 1.86 B | |||
| Earnings Per Share | 2.16 X | |||
| Total Asset | 26.3 B | |||
| Current Asset | 9.78 B | |||
| Current Liabilities | 7.19 B | |||
About Elekta AB Performance
By analyzing Elekta AB's fundamental ratios, stakeholders can gain valuable insights into Elekta AB's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Elekta AB has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Elekta AB has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Elekta AB provides equipment and software for cancer and brain disorders worldwide. The company was founded in 1972 and is headquartered in Stockholm, Sweden. Elekta AB operates under Medical Instruments Supplies classification in Sweden and is traded on Stockholm Stock Exchange. It employs 3897 people.Things to note about Elekta AB performance evaluation
Checking the ongoing alerts about Elekta AB for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Elekta AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Elekta AB generated a negative expected return over the last 90 days | |
| About 69.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Elekta 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 Elekta AB's stock is overvalued or undervalued compared to its peers.
- Examining Elekta 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 Elekta AB's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Elekta AB's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Elekta AB's stock. These opinions can provide insight into Elekta AB's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Elekta Stock analysis
When running Elekta AB's price analysis, check to measure Elekta 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 Elekta AB is operating at the current time. Most of Elekta AB's value examination focuses on studying past and present price action to predict the probability of Elekta 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 Elekta AB's price. Additionally, you may evaluate how the addition of Elekta AB to your portfolios can decrease your overall portfolio volatility.
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