Sedana Medical Return On Equity vs. Current Valuation
| SEDANA Stock | SEK 12.22 0.40 3.38% |
For Sedana Medical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sedana Medical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sedana Medical AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sedana Medical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sedana Medical AB over time as well as its relative position and ranking within its peers.
Sedana |
Sedana Medical AB Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sedana Medical's current stock value. Our valuation model uses many indicators to compare Sedana Medical value to that of its competitors to determine the firm's financial worth. Sedana Medical AB is currently regarded as top stock in return on equity category among its peers. It also is currently regarded number one company in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sedana Medical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sedana Medical's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Sedana Current Valuation vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Sedana Medical |
| = | -0.0689 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Sedana Medical |
| = | 1.4 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Sedana Current Valuation vs Competition
Sedana Medical AB is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Medical Instruments & Supplies industry is at this time estimated at about 23.34 Billion. Sedana Medical holds roughly 1.4 Billion in current valuation claiming about 6% of all equities under Medical Instruments & Supplies industry.
Sedana Medical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sedana Medical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sedana Medical will eventually generate negative long term returns. The profitability progress is the general direction of Sedana Medical's change in net profit over the period of time. It can combine multiple indicators of Sedana Medical, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Sedana Medical AB , a medical technology company, develops, markets, and sells medical devices in Sweden and internationally. Sedana Medical AB was founded in 2005 and is headquartered in Danderyd, Sweden. Sedana Medical operates under Medical Instruments Supplies classification in Sweden and is traded on Stockholm Stock Exchange. It employs 72 people.
Sedana Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sedana Medical. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Sedana Medical position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Sedana Medical's important profitability drivers and their relationship over time.
Use Sedana Medical in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sedana Medical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sedana Medical will appreciate offsetting losses from the drop in the long position's value.Sedana Medical Pair Trading
Sedana Medical AB Pair Trading Analysis
The ability to find closely correlated positions to Sedana Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sedana Medical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sedana Medical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sedana Medical AB to buy it.
The correlation of Sedana Medical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sedana Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sedana Medical AB moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sedana Medical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Sedana Medical position
In addition to having Sedana Medical in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies providing wireless technology and communication services. The Wireless theme has 46 constituents at this time.
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Other Information on Investing in Sedana Stock
To fully project Sedana Medical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sedana Medical AB at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Sedana Medical's income statement, its balance sheet, and the statement of cash flows.