Absolent Air Care Group AB Q3 2024 Earnings Report P - GuruFocus.com
| ABSO Stock | SEK 249.00 8.00 3.32% |
Slightly above 55% of Absolent Group's private investors are presently thinking to get in. The analysis of current outlook of investing in Absolent Group AB suggests that some traders are interested regarding Absolent Group's prospects. Absolent Group's investing sentiment can be driven by a variety of factors including economic data, Absolent Group's earnings reports, geopolitical events, and overall market trends.
Absolent |
Absolent Air Care Group AB Q3 2024 Earnings Report P GuruFocus.com
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Absolent Group Fundamental Analysis
We analyze Absolent Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Absolent Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Absolent Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Asset
Return On Asset Comparative Analysis
Absolent Group is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Absolent Group AB Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Absolent Group stock to make a market-neutral strategy. Peer analysis of Absolent Group could also be used in its relative valuation, which is a method of valuing Absolent Group by comparing valuation metrics with similar companies.
Peers
Absolent Group Related Equities
| TROAX | Troax Group | 1.31 | ||||
| AQ | AQ Group | 0.69 | ||||
| ADDT-B | Addtech AB | 0.26 | ||||
| BEIJ-B | Beijer Ref | 1.21 | ||||
| BUFAB | Bufab Holding | 1.36 |
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.