Absolent Group (Sweden) Buy Hold or Sell Recommendation
| ABSO Stock | SEK 249.00 5.00 2.05% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Absolent Group AB is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Absolent Group AB given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Absolent Group AB, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Absolent Group 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 Absolent and provide practical buy, sell, or hold advice based on investors' constraints. Absolent Group 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.
Absolent |
Execute Absolent Group Buy or Sell Advice
The Absolent recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Absolent Group AB. Macroaxis does not own or have any residual interests in Absolent Group AB or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Absolent Group's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Absolent Group Trading Alerts and Improvement Suggestions
| Absolent Group AB had very high historical volatility over the last 90 days | |
| About 72.0% of the company shares are held by company insiders |
Absolent Group Returns Distribution Density
The distribution of Absolent Group's historical returns is an attempt to chart the uncertainty of Absolent Group's future price movements. The chart of the probability distribution of Absolent Group daily returns describes the distribution of returns around its average expected value. We use Absolent Group AB price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Absolent Group returns is essential to provide solid investment advice for Absolent Group.
| Mean Return | 0.12 | Value At Risk | -3.56 | Potential Upside | 7.00 | Standard Deviation | 2.95 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Absolent Group 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.
Absolent Group 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 Absolent Group or Industrials 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 Absolent Group'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 Absolent 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 | 0.08 | |
β | Beta against Dow Jones | -0.29 | |
σ | Overall volatility | 3.02 | |
Ir | Information ratio | 0.07 |
Absolent Group Volatility Alert
Absolent Group AB currently demonstrates below-average downside deviation. It has Information Ratio of 0.07 and Jensen Alpha of 0.08. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Absolent Group'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 Absolent Group'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.Absolent Group Fundamentals Vs Peers
Comparing Absolent Group's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Absolent Group's direct or indirect competition across all of the common fundamentals between Absolent Group and the related equities. This way, we can detect undervalued stocks with similar characteristics as Absolent Group or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Absolent Group's fundamental indicators could also be used in its relative valuation, which is a method of valuing Absolent Group by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Absolent Group to competition |
| Fundamentals | Absolent Group | Peer Average |
| Return On Equity | 0.29 | -0.31 |
| Return On Asset | 0.0824 | -0.14 |
| Profit Margin | 0.11 % | (1.27) % |
| Operating Margin | 0.14 % | (5.51) % |
| Current Valuation | 4.95 B | 16.62 B |
| Shares Outstanding | 11.32 M | 571.82 M |
| Shares Owned By Insiders | 72.42 % | 10.09 % |
| Shares Owned By Institutions | 17.86 % | 39.21 % |
| Price To Earning | 57.95 X | 28.72 X |
| Price To Book | 6.98 X | 9.51 X |
| Price To Sales | 3.63 X | 11.42 X |
| Revenue | 1.03 B | 9.43 B |
| Gross Profit | 414.19 M | 27.38 B |
| EBITDA | 169.28 M | 3.9 B |
| Net Income | 98.23 M | 570.98 M |
| Cash And Equivalents | 233.23 M | 2.7 B |
| Cash Per Share | 9.32 X | 5.01 X |
| Total Debt | 545.93 M | 5.32 B |
| Debt To Equity | 1.70 % | 48.70 % |
| Current Ratio | 2.37 X | 2.16 X |
| Book Value Per Share | 58.47 X | 1.93 K |
| Cash Flow From Operations | 114.51 M | 971.22 M |
| Earnings Per Share | 12.84 X | 3.12 X |
| Target Price | 480.0 | |
| Number Of Employees | 456 | 18.84 K |
| Beta | 0.65 | -0.15 |
| Market Capitalization | 5.49 B | 19.03 B |
| Total Asset | 1.46 B | 29.47 B |
| Working Capital | 98 M | 1.48 B |
| Current Asset | 164 M | 9.34 B |
| Current Liabilities | 66 M | 7.9 B |
| Z Score | 6.0 | 8.72 |
| Annual Yield | 0 % |
Absolent Group Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Absolent . 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.
About Absolent Group Buy or Sell Advice
When is the right time to buy or sell Absolent Group AB? Buying financial instruments such as Absolent 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 Absolent Stock Analysis
When running Absolent Group's price analysis, check to measure Absolent Group'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 Absolent Group is operating at the current time. Most of Absolent Group's value examination focuses on studying past and present price action to predict the probability of Absolent Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Absolent Group's price. Additionally, you may evaluate how the addition of Absolent Group to your portfolios can decrease your overall portfolio volatility.