24SevenOffice Scandinavia (Sweden) Performance
| 247 Stock | 23.40 0.10 0.43% |
On a scale of 0 to 100, 24SevenOffice Scandinavia holds a performance score of 7. The firm shows a Beta (market volatility) of -0.77, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 24SevenOffice Scandinavia are expected to decrease at a much lower rate. During the bear market, 24SevenOffice Scandinavia is likely to outperform the market. Please check 24SevenOffice Scandinavia's treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to make a quick decision on whether 24SevenOffice Scandinavia's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in 24SevenOffice Scandinavia AB are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, 24SevenOffice Scandinavia unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
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24SevenOffice Scandinavia Relative Risk vs. Return Landscape
If you would invest 1,890 in 24SevenOffice Scandinavia AB on September 3, 2024 and sell it today you would earn a total of 450.00 from holding 24SevenOffice Scandinavia AB or generate 23.81% return on investment over 90 days. 24SevenOffice Scandinavia AB is generating 0.3952% of daily returns assuming 3.9514% volatility of returns over the 90 days investment horizon. Simply put, 35% of all stocks have less volatile historical return distribution than 24SevenOffice Scandinavia, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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24SevenOffice Scandinavia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 24SevenOffice Scandinavia's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as 24SevenOffice Scandinavia AB, and traders can use it to determine the average amount a 24SevenOffice Scandinavia's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1
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Estimated Market Risk
| 3.95 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average 24SevenOffice Scandinavia is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of 24SevenOffice Scandinavia by adding it to a well-diversified portfolio.
About 24SevenOffice Scandinavia Performance
Assessing 24SevenOffice Scandinavia's fundamental ratios provides investors with valuable insights into 24SevenOffice Scandinavia's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the 24SevenOffice Scandinavia is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about 24SevenOffice Scandinavia performance evaluation
Checking the ongoing alerts about 24SevenOffice Scandinavia for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for 24SevenOffice Scandinavia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 24SevenOffice Scandinavia had very high historical volatility over the last 90 days |
- Analyzing 24SevenOffice Scandinavia's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether 24SevenOffice Scandinavia's stock is overvalued or undervalued compared to its peers.
- Examining 24SevenOffice Scandinavia's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating 24SevenOffice Scandinavia's management team can have a significant impact on its success or failure. Reviewing the track record and experience of 24SevenOffice Scandinavia's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of 24SevenOffice Scandinavia's stock. These opinions can provide insight into 24SevenOffice Scandinavia's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for 24SevenOffice Stock Analysis
When running 24SevenOffice Scandinavia's price analysis, check to measure 24SevenOffice Scandinavia'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 24SevenOffice Scandinavia is operating at the current time. Most of 24SevenOffice Scandinavia's value examination focuses on studying past and present price action to predict the probability of 24SevenOffice Scandinavia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 24SevenOffice Scandinavia's price. Additionally, you may evaluate how the addition of 24SevenOffice Scandinavia to your portfolios can decrease your overall portfolio volatility.