STRAX AB (Germany) Performance
| NOBC Stock | EUR 0.01 0.0002 2.33% |
The entity has a beta of 2.83, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, STRAX AB will likely underperform. At this point, STRAX AB SK has a negative expected return of -0.48%. Please make sure to validate STRAX AB's skewness, daily balance of power, and the relationship between the potential upside and kurtosis , to decide if STRAX AB SK performance from the past will be repeated at some future point.
Risk-Adjusted Performance
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Over the last 90 days STRAX AB SK has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's fundamental drivers remain nearly stable which may send shares a bit higher in February 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
STRAX |
STRAX AB Relative Risk vs. Return Landscape
If you would invest 1.80 in STRAX AB SK on October 20, 2024 and sell it today you would lose (0.92) from holding STRAX AB SK or give up 51.11% of portfolio value over 90 days. STRAX AB SK is producing return of less than zero assuming 12.9486% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than STRAX on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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STRAX AB Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for STRAX AB's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as STRAX AB SK, and traders can use it to determine the average amount a STRAX 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 = -0.0367
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Estimated Market Risk
| 12.95 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.48 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average STRAX 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 STRAX AB by adding STRAX AB to a well-diversified portfolio.
STRAX AB Fundamentals Growth
STRAX Stock prices reflect investors' perceptions of the future prospects and financial health of STRAX AB, and STRAX 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 STRAX Stock performance.
| Return On Equity | -0.53 | |||
| Return On Asset | 0.0093 | |||
| Profit Margin | (0.06) % | |||
| Operating Margin | 0.01 % | |||
| Shares Outstanding | 120.59 M | |||
| Price To Earning | 61.33 X | |||
| Revenue | 141.82 M | |||
| EBITDA | 2.57 M | |||
| Cash And Equivalents | 5.29 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 40.05 M | |||
| Debt To Equity | 2.47 % | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (7.91 M) | |||
| Earnings Per Share | (0.03) X | |||
About STRAX AB Performance
By analyzing STRAX AB's fundamental ratios, stakeholders can gain valuable insights into STRAX AB's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if STRAX 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 STRAX AB has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Strax AB designs, develops, manufactures, and sells mobile accessories worldwide. Strax AB was founded in 1995 and is headquartered in Stockholm, Sweden. STRAX AB is traded on Frankfurt Stock Exchange in Germany.Things to note about STRAX AB SK performance evaluation
Checking the ongoing alerts about STRAX AB for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for STRAX AB SK help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| STRAX AB SK generated a negative expected return over the last 90 days | |
| STRAX AB SK has high historical volatility and very poor performance | |
| STRAX AB SK has some characteristics of a very speculative penny stock | |
| STRAX AB SK has high likelihood to experience some financial distress in the next 2 years | |
| STRAX AB SK has accumulated about 5.29 M in cash with (7.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 87.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing STRAX 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 STRAX AB's stock is overvalued or undervalued compared to its peers.
- Examining STRAX 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 STRAX AB's management team can have a significant impact on its success or failure. Reviewing the track record and experience of STRAX AB's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of STRAX AB's stock. These opinions can provide insight into STRAX AB's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for STRAX Stock analysis
When running STRAX AB's price analysis, check to measure STRAX 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 STRAX AB is operating at the current time. Most of STRAX AB's value examination focuses on studying past and present price action to predict the probability of STRAX 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 STRAX AB's price. Additionally, you may evaluate how the addition of STRAX AB to your portfolios can decrease your overall portfolio volatility.
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