24SevenOffice Scandinavia (Sweden) Buy Hold or Sell Recommendation
| 247 Stock | 23.40 0.10 0.43% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding 24SevenOffice Scandinavia AB is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell 24SevenOffice Scandinavia AB given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for 24SevenOffice Scandinavia AB, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out 24SevenOffice Scandinavia Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as 24SevenOffice and provide practical buy, sell, or hold advice based on investors' constraints. 24SevenOffice Scandinavia AB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
24SevenOffice |
Execute 24SevenOffice Scandinavia Buy or Sell Advice
The 24SevenOffice recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on 24SevenOffice Scandinavia AB. Macroaxis does not own or have any residual interests in 24SevenOffice Scandinavia AB or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute 24SevenOffice Scandinavia's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
24SevenOffice Scandinavia Trading Alerts and Improvement Suggestions
| 24SevenOffice Scandinavia had very high historical volatility over the last 90 days |
24SevenOffice Scandinavia Returns Distribution Density
The distribution of 24SevenOffice Scandinavia's historical returns is an attempt to chart the uncertainty of 24SevenOffice Scandinavia's future price movements. The chart of the probability distribution of 24SevenOffice Scandinavia daily returns describes the distribution of returns around its average expected value. We use 24SevenOffice Scandinavia AB price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of 24SevenOffice Scandinavia returns is essential to provide solid investment advice for 24SevenOffice Scandinavia.
| Mean Return | 0.23 | Value At Risk | -2.45 | Potential Upside | 2.57 | Standard Deviation | 4.05 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of 24SevenOffice Scandinavia historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
24SevenOffice Scandinavia Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to 24SevenOffice Scandinavia or Furniture sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that 24SevenOffice Scandinavia's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a 24SevenOffice stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.32 | |
β | Beta against Dow Jones | -0.77 | |
σ | Overall volatility | 3.95 | |
Ir | Information ratio | 0.02 |
24SevenOffice Scandinavia Volatility Alert
24SevenOffice Scandinavia AB has relatively low volatility with skewness of 5.93 and kurtosis of 43.62. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure 24SevenOffice Scandinavia's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact 24SevenOffice Scandinavia's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.24SevenOffice Scandinavia Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as 24SevenOffice . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.0127 | |||
| Daily Balance Of Power | 0.3333 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 23.45 | |||
| Day Typical Price | 23.43 | |||
| Market Facilitation Index | 0.3 | |||
| Period Momentum Indicator | 0.1 |
About 24SevenOffice Scandinavia Buy or Sell Advice
When is the right time to buy or sell 24SevenOffice Scandinavia AB? Buying financial instruments such as 24SevenOffice Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for 24SevenOffice Stock Analysis
When running 24SevenOffice Scandinavia's price analysis, check to measure 24SevenOffice Scandinavia'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 24SevenOffice Scandinavia is operating at the current time. Most of 24SevenOffice Scandinavia's value examination focuses on studying past and present price action to predict the probability of 24SevenOffice Scandinavia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 24SevenOffice Scandinavia's price. Additionally, you may evaluate how the addition of 24SevenOffice Scandinavia to your portfolios can decrease your overall portfolio volatility.