Nobia AB (Sweden) Buy Hold or Sell Recommendation

NOBI Stock  SEK 3.97  0.03  0.76%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Nobia AB is 'Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Nobia AB given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Nobia AB, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Nobia AB 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 Nobia and provide practical buy, sell, or hold advice based on investors' constraints. Nobia 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.

Execute Nobia AB Buy or Sell Advice

The Nobia recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nobia AB. Macroaxis does not own or have any residual interests in Nobia AB or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nobia AB's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Nobia ABBuy Nobia AB
Sell

Market Performance

WeakDetails

Volatility

Relatively riskyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Almost neglects market trendsDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Nobia AB has a Mean Deviation of 2.39, Semi Deviation of 2.45, Standard Deviation of 3.32, Variance of 11.01, Downside Variance of 6.68 and Semi Variance of 6.01
We provide investment recommendation to complement the last-minute expert consensus on Nobia AB. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. To make sure Nobia AB is not overpriced, please verify all Nobia AB fundamentals, including its shares outstanding, shares owned by institutions, and the relationship between the current valuation and shares owned by insiders .

Nobia AB Trading Alerts and Improvement Suggestions

Nobia AB had very high historical volatility over the last 90 days
Nobia AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
About 72.0% of the company shares are owned by institutional investors

Nobia AB Returns Distribution Density

The distribution of Nobia AB's historical returns is an attempt to chart the uncertainty of Nobia AB's future price movements. The chart of the probability distribution of Nobia AB daily returns describes the distribution of returns around its average expected value. We use Nobia AB price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nobia AB returns is essential to provide solid investment advice for Nobia AB.
Mean Return
0.1
Value At Risk
-3.88
Potential Upside
5.19
Standard Deviation
3.32
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nobia AB 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.

Nobia AB 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 Nobia AB or Household Durables 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 Nobia AB'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 Nobia 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
0.11
β
Beta against Dow Jones0.19
σ
Overall volatility
3.32
Ir
Information ratio 0.06

Nobia AB Volatility Alert

Nobia AB currently demonstrates below-average downside deviation. It has Information Ratio of 0.06 and Jensen Alpha of 0.11. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nobia AB'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 Nobia AB'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.

Nobia AB Fundamentals Vs Peers

Comparing Nobia AB'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 Nobia AB's direct or indirect competition across all of the common fundamentals between Nobia AB and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nobia AB or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nobia AB's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nobia AB by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Nobia AB to competition
FundamentalsNobia ABPeer Average
Return On Equity-4.0E-4-0.31
Return On Asset0.0091-0.14
Profit Margin(0.0001) %(1.27) %
Operating Margin0.01 %(5.51) %
Current Valuation7.14 B16.62 B
Shares Outstanding168.32 M571.82 M
Shares Owned By Insiders2.60 %10.09 %
Shares Owned By Institutions71.78 %39.21 %
Price To Earning14.47 X28.72 X
Price To Book0.81 X9.51 X
Price To Sales0.24 X11.42 X
Revenue13.72 B9.43 B
Gross Profit5.36 B27.38 B
EBITDA1.81 B3.9 B
Net Income706 M570.98 M
Cash And Equivalents422 M2.7 B
Cash Per Share0.75 X5.01 X
Total Debt1.84 B5.32 B
Debt To Equity104.40 %48.70 %
Current Ratio1.16 X2.16 X
Book Value Per Share28.02 X1.93 K
Cash Flow From Operations1.54 B971.22 M
Earnings Per Share1.84 X3.12 X
Price To Earnings To Growth5.67 X4.89 X
Target Price37.25
Number Of Employees6.12 K18.84 K
Beta1.38-0.15
Market Capitalization3.23 B19.03 B
Total Asset10.63 B29.47 B
Retained Earnings2.48 B9.33 B
Working Capital1.1 B1.48 B
Current Asset3.62 B9.34 B
Current Liabilities2.52 B7.9 B

Nobia AB Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nobia . 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 Nobia AB Buy or Sell Advice

When is the right time to buy or sell Nobia AB? Buying financial instruments such as Nobia 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.

Use Investing Ideas to Build Portfolios

In addition to having Nobia AB 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.

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Run Chemicals Thematic Idea Now

Chemicals
Chemicals Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Chemicals theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Theme or any other thematic opportunities.
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Additional Tools for Nobia Stock Analysis

When running Nobia AB's price analysis, check to measure Nobia 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 Nobia AB is operating at the current time. Most of Nobia AB's value examination focuses on studying past and present price action to predict the probability of Nobia 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 Nobia AB's price. Additionally, you may evaluate how the addition of Nobia AB to your portfolios can decrease your overall portfolio volatility.