Ngenic AB Financials
| NGENIC Stock | 4.25 0.96 29.18% |
Ngenic |
Please note, the presentation of Ngenic AB's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ngenic AB's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Ngenic AB's management manipulating its earnings.
| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | SE0015812573 |
| Business Address | Kungsgatan 41, Uppsala, |
| Industry | Scientific & Technical Instruments |
| Benchmark | Dow Jones Industrial |
| Website | ngenic.se |
| Phone | 46 1 84 72 18 18 |
You should never invest in Ngenic AB without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ngenic Stock, because this is throwing your money away. Analyzing the key information contained in Ngenic AB's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ngenic AB Key Financial Ratios
Ngenic AB's financial ratios allow both analysts and investors to convert raw data from Ngenic AB's financial statements into concise, actionable information that can be used to evaluate the performance of Ngenic AB over time and compare it to other companies across industries.Ngenic Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ngenic AB's current stock value. Our valuation model uses many indicators to compare Ngenic AB value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ngenic AB competition to find correlations between indicators driving Ngenic AB's intrinsic value. More Info.Ngenic AB is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ngenic AB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ngenic AB'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.Ngenic AB Systematic Risk
Ngenic AB's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ngenic AB volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Ngenic AB correlated with the market. If Beta is less than 0 Ngenic AB generally moves in the opposite direction as compared to the market. If Ngenic AB Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ngenic AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ngenic AB is generally in the same direction as the market. If Beta > 1 Ngenic AB moves generally in the same direction as, but more than the movement of the benchmark.
Ngenic AB December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ngenic AB help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ngenic AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ngenic AB based on widely used predictive technical indicators. In general, we focus on analyzing Ngenic Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ngenic AB's daily price indicators and compare them against related drivers.
| Downside Deviation | 8.41 | |||
| Information Ratio | 0.022 | |||
| Maximum Drawdown | 49.62 | |||
| Value At Risk | (14.52) | |||
| Potential Upside | 15.0 |
Complementary Tools for Ngenic Stock analysis
When running Ngenic AB's price analysis, check to measure Ngenic 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 Ngenic AB is operating at the current time. Most of Ngenic AB's value examination focuses on studying past and present price action to predict the probability of Ngenic 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 Ngenic AB's price. Additionally, you may evaluate how the addition of Ngenic AB to your portfolios can decrease your overall portfolio volatility.
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