Redsense Medical (Sweden) Buy Hold or Sell Recommendation
| REDS Stock | SEK 6.68 0.12 1.83% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Redsense Medical AB is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Redsense Medical AB given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Redsense Medical AB, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Redsense Medical 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 Redsense and provide practical buy, sell, or hold advice based on investors' constraints. Redsense Medical 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.
Redsense |
Execute Redsense Medical Buy or Sell Advice
The Redsense recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Redsense Medical AB. Macroaxis does not own or have any residual interests in Redsense Medical AB or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Redsense Medical's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Redsense Medical Trading Alerts and Improvement Suggestions
| Redsense Medical generated a negative expected return over the last 90 days | |
| Redsense Medical has high historical volatility and very poor performance | |
| Redsense Medical has accumulated kr3.04 Million in debt which can lead to volatile earnings | |
| Net Loss for the year was (6.94 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Redsense Medical AB has accumulated about 3.12 M in cash with (7.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28. |
Redsense Medical Returns Distribution Density
The distribution of Redsense Medical's historical returns is an attempt to chart the uncertainty of Redsense Medical's future price movements. The chart of the probability distribution of Redsense Medical daily returns describes the distribution of returns around its average expected value. We use Redsense Medical AB price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Redsense Medical returns is essential to provide solid investment advice for Redsense Medical.
| Mean Return | -0.0024 | Value At Risk | -6.59 | Potential Upside | 8.06 | Standard Deviation | 3.84 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Redsense Medical 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.
Redsense Medical 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 Redsense Medical or Healthcare 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 Redsense Medical'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 Redsense 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 | 0.06 | |
β | Beta against Dow Jones | 0.47 | |
σ | Overall volatility | 3.84 | |
Ir | Information ratio | 0.03 |
Redsense Medical Volatility Alert
Redsense Medical AB exhibits very low volatility with skewness of 0.43 and kurtosis of 1.52. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Redsense Medical'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 Redsense Medical'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.Redsense Medical Fundamentals Vs Peers
Comparing Redsense Medical'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 Redsense Medical's direct or indirect competition across all of the common fundamentals between Redsense Medical and the related equities. This way, we can detect undervalued stocks with similar characteristics as Redsense Medical or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Redsense Medical's fundamental indicators could also be used in its relative valuation, which is a method of valuing Redsense Medical by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Redsense Medical to competition |
| Fundamentals | Redsense Medical | Peer Average |
| Price To Earning | (50.14) X | 28.72 X |
| EBITDA | (6.68 M) | 3.9 B |
| Net Income | (6.94 M) | 570.98 M |
| Cash And Equivalents | 3.12 M | 2.7 B |
| Cash Per Share | 0.28 X | 5.01 X |
| Total Debt | 3.04 M | 5.32 B |
| Debt To Equity | 75.30 % | 48.70 % |
| Current Ratio | 3.43 X | 2.16 X |
| Book Value Per Share | 0.37 X | 1.93 K |
| Cash Flow From Operations | (7.09 M) | 971.22 M |
| Earnings Per Share | (0.63) X | 3.12 X |
| Number Of Employees | 5 | 18.84 K |
| Beta | 1.25 | -0.15 |
| Market Capitalization | 123.97 M | 19.03 B |
| Z Score | 24.0 | 8.72 |
Redsense Medical Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Redsense . 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 Redsense Medical Buy or Sell Advice
When is the right time to buy or sell Redsense Medical AB? Buying financial instruments such as Redsense 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 Redsense Stock Analysis
When running Redsense Medical's price analysis, check to measure Redsense Medical'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 Redsense Medical is operating at the current time. Most of Redsense Medical's value examination focuses on studying past and present price action to predict the probability of Redsense Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Redsense Medical's price. Additionally, you may evaluate how the addition of Redsense Medical to your portfolios can decrease your overall portfolio volatility.