NAXS Nordic (Sweden) Buy Hold or Sell Recommendation
| NAXS Stock | SEK 50.80 0.40 0.78% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding NAXS Nordic Access is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell NAXS Nordic Access given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for NAXS Nordic Access, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out NAXS Nordic 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 NAXS and provide practical buy, sell, or hold advice based on investors' constraints. NAXS Nordic Access. 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.
NAXS |
Execute NAXS Nordic Buy or Sell Advice
The NAXS recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NAXS Nordic Access. Macroaxis does not own or have any residual interests in NAXS Nordic Access or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NAXS Nordic's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
NAXS Nordic Trading Alerts and Improvement Suggestions
| NAXS Nordic Access generated a negative expected return over the last 90 days | |
| NAXS Nordic Access has accumulated about 260.43 M in cash with (10.17 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 21.87. | |
| Roughly 69.0% of the company shares are owned by institutional investors |
NAXS Nordic Returns Distribution Density
The distribution of NAXS Nordic's historical returns is an attempt to chart the uncertainty of NAXS Nordic's future price movements. The chart of the probability distribution of NAXS Nordic daily returns describes the distribution of returns around its average expected value. We use NAXS Nordic Access price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NAXS Nordic returns is essential to provide solid investment advice for NAXS Nordic.
| Mean Return | -0.19 | Value At Risk | -1.54 | Potential Upside | 1.04 | Standard Deviation | 0.95 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NAXS Nordic 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.
NAXS Nordic 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 NAXS Nordic or Capital Markets 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 NAXS Nordic'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 NAXS 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 | -0.2 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.95 | |
Ir | Information ratio | -0.24 |
NAXS Nordic Volatility Alert
NAXS Nordic Access exhibits very low volatility with skewness of -1.67 and kurtosis of 6.32. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NAXS Nordic'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 NAXS Nordic'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.NAXS Nordic Fundamentals Vs Peers
Comparing NAXS Nordic'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 NAXS Nordic's direct or indirect competition across all of the common fundamentals between NAXS Nordic and the related equities. This way, we can detect undervalued stocks with similar characteristics as NAXS Nordic or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NAXS Nordic's fundamental indicators could also be used in its relative valuation, which is a method of valuing NAXS Nordic by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare NAXS Nordic to competition |
| Fundamentals | NAXS Nordic | Peer Average |
| Return On Equity | 0.2 | -0.31 |
| Return On Asset | 0.13 | -0.14 |
| Profit Margin | 0.93 % | (1.27) % |
| Operating Margin | 0.92 % | (5.51) % |
| Current Valuation | 408.2 M | 16.62 B |
| Shares Outstanding | 11.08 M | 571.82 M |
| Shares Owned By Insiders | 2.91 % | 10.09 % |
| Shares Owned By Institutions | 69.39 % | 39.21 % |
| Price To Earning | 44.99 X | 28.72 X |
| Price To Book | 0.72 X | 9.51 X |
| Price To Sales | 3.74 X | 11.42 X |
| Revenue | 170.14 M | 9.43 B |
| Gross Profit | 194.32 M | 27.38 B |
| EBITDA | 166.56 M | 3.9 B |
| Net Income | 163.95 M | 570.98 M |
| Cash And Equivalents | 260.43 M | 2.7 B |
| Cash Per Share | 21.87 X | 5.01 X |
| Current Ratio | 149.27 X | 2.16 X |
| Book Value Per Share | 86.59 X | 1.93 K |
| Cash Flow From Operations | (10.17 M) | 971.22 M |
| Earnings Per Share | 13.44 X | 3.12 X |
| Number Of Employees | 9 | 18.84 K |
| Beta | 0.4 | -0.15 |
| Market Capitalization | 720.04 M | 19.03 B |
| Total Asset | 824.41 M | 29.47 B |
| Working Capital | 361 M | 1.48 B |
| Current Asset | 362 M | 9.34 B |
| Current Liabilities | 1000 K | 7.9 B |
| Annual Yield | 0.05 % | |
| Net Asset | 824.41 M | |
| Last Dividend Paid | 3.75 |
NAXS Nordic Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NAXS . 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 | 0.0234 | |||
| Daily Balance Of Power | (0.33) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 50.6 | |||
| Day Typical Price | 50.67 | |||
| Market Facilitation Index | 1.2 | |||
| Period Momentum Indicator | (0.40) |
About NAXS Nordic Buy or Sell Advice
When is the right time to buy or sell NAXS Nordic Access? Buying financial instruments such as NAXS 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 NAXS Stock Analysis
When running NAXS Nordic's price analysis, check to measure NAXS Nordic'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 NAXS Nordic is operating at the current time. Most of NAXS Nordic's value examination focuses on studying past and present price action to predict the probability of NAXS Nordic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NAXS Nordic's price. Additionally, you may evaluate how the addition of NAXS Nordic to your portfolios can decrease your overall portfolio volatility.