Fortnox AB (Sweden) Performance
| FNOX Stock | 68.10 0.86 1.28% |
On a scale of 0 to 100, Fortnox AB holds a performance score of 8. The firm shows a Beta (market volatility) of -0.35, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Fortnox AB are expected to decrease at a much lower rate. During the bear market, Fortnox AB is likely to outperform the market. Please check Fortnox AB's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Fortnox AB's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Fortnox AB are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Fortnox AB unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 412.6 M | |
| Total Cashflows From Investing Activities | -477.4 M |
Fortnox |
Fortnox AB Relative Risk vs. Return Landscape
If you would invest 5,770 in Fortnox AB on August 31, 2024 and sell it today you would earn a total of 1,040 from holding Fortnox AB or generate 18.02% return on investment over 90 days. Fortnox AB is generating 0.2857% of daily returns and assumes 2.5055% volatility on return distribution over the 90 days horizon. Simply put, 22% of stocks are less volatile than Fortnox, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Fortnox AB Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fortnox AB's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Fortnox AB, and traders can use it to determine the average amount a Fortnox 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 = 0.114
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Estimated Market Risk
| 2.51 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Fortnox AB is performing at about 8% 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 Fortnox AB by adding it to a well-diversified portfolio.
Fortnox AB Fundamentals Growth
Fortnox Stock prices reflect investors' perceptions of the future prospects and financial health of Fortnox AB, and Fortnox 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 Fortnox Stock performance.
| Return On Equity | 0.3 | |||
| Return On Asset | 0.15 | |||
| Profit Margin | 0.27 % | |||
| Operating Margin | 0.36 % | |||
| Current Valuation | 31.63 B | |||
| Shares Outstanding | 609.75 M | |||
| Price To Book | 26.66 X | |||
| Price To Sales | 24.97 X | |||
| Revenue | 931.98 M | |||
| EBITDA | 397.69 M | |||
| Total Debt | 200 M | |||
| Book Value Per Share | 1.95 X | |||
| Cash Flow From Operations | 316.37 M | |||
| Earnings Per Share | 0.51 X | |||
| Total Asset | 1.97 B | |||
About Fortnox AB Performance
Assessing Fortnox AB's fundamental ratios provides investors with valuable insights into Fortnox AB's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Fortnox AB 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.
Things to note about Fortnox AB performance evaluation
Checking the ongoing alerts about Fortnox AB for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Fortnox AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 29.0% of the company shares are held by company insiders |
- Analyzing Fortnox 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 Fortnox AB's stock is overvalued or undervalued compared to its peers.
- Examining Fortnox 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 Fortnox AB's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fortnox AB's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Fortnox AB's stock. These opinions can provide insight into Fortnox AB's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Fortnox Stock Analysis
When running Fortnox AB's price analysis, check to measure Fortnox 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 Fortnox AB is operating at the current time. Most of Fortnox AB's value examination focuses on studying past and present price action to predict the probability of Fortnox 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 Fortnox AB's price. Additionally, you may evaluate how the addition of Fortnox AB to your portfolios can decrease your overall portfolio volatility.