Absolent Group (Sweden) Performance
| ABSO Stock | SEK 226.00 5.00 2.16% |
The firm shows a Beta (market volatility) of -0.61, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Absolent Group are expected to decrease at a much lower rate. During the bear market, Absolent Group is likely to outperform the market. At this point, Absolent Group AB has a negative expected return of -0.49%. Please make sure to confirm Absolent Group's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Absolent Group AB performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Absolent Group AB has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in January 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
| Begin Period Cash Flow | 451.8 M | |
| Total Cashflows From Investing Activities | -252.3 M |
Absolent |
Absolent Group Relative Risk vs. Return Landscape
If you would invest 31,500 in Absolent Group AB on September 3, 2024 and sell it today you would lose (8,900) from holding Absolent Group AB or give up 28.25% of portfolio value over 90 days. Absolent Group AB is generating negative expected returns and assumes 1.7287% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Absolent, and 99% 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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Absolent Group Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Absolent Group's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Absolent Group AB, and traders can use it to determine the average amount a Absolent Group'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 = -0.2861
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| Negative Returns | ABSO |
Estimated Market Risk
| 1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.29 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Absolent Group is not performing at its full potential. However, 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 Absolent Group by adding Absolent Group to a well-diversified portfolio.
Absolent Group Fundamentals Growth
Absolent Stock prices reflect investors' perceptions of the future prospects and financial health of Absolent Group, and Absolent Group fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Absolent Stock performance.
| Return On Equity | 0.29 | |||
| Return On Asset | 0.0824 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 4.95 B | |||
| Shares Outstanding | 11.32 M | |||
| Price To Earning | 57.95 X | |||
| Price To Book | 6.98 X | |||
| Price To Sales | 3.63 X | |||
| Revenue | 1.03 B | |||
| EBITDA | 169.28 M | |||
| Cash And Equivalents | 233.23 M | |||
| Cash Per Share | 9.32 X | |||
| Total Debt | 545.93 M | |||
| Debt To Equity | 1.70 % | |||
| Book Value Per Share | 58.47 X | |||
| Cash Flow From Operations | 114.51 M | |||
| Earnings Per Share | 12.84 X | |||
| Total Asset | 1.46 B | |||
| Current Asset | 164 M | |||
| Current Liabilities | 66 M | |||
About Absolent Group Performance
Assessing Absolent Group's fundamental ratios provides investors with valuable insights into Absolent Group's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Absolent Group 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.
Absolent Group AB develops, manufactures, and sells filtration technology worldwide. Absolent Group AB is a subsidiary of Melker Schrling AB. Absolent Group operates under Industrial Equipment And Light Machinery classification in Sweden and is traded on Stockholm Stock Exchange.Things to note about Absolent Group AB performance evaluation
Checking the ongoing alerts about Absolent Group for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Absolent Group AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Absolent Group AB generated a negative expected return over the last 90 days | |
| About 72.0% of the company shares are held by company insiders |
- Analyzing Absolent Group'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 Absolent Group's stock is overvalued or undervalued compared to its peers.
- Examining Absolent Group'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 Absolent Group's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Absolent Group's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Absolent Group's stock. These opinions can provide insight into Absolent Group's potential for growth and whether the stock is currently undervalued or overvalued.
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.