Detection Technology (Finland) Performance
| DETEC Stock | EUR 15.30 0.10 0.66% |
Detection Technology has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.36, which means possible diversification benefits within a given portfolio. As returns on the market increase, Detection Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Detection Technology is expected to be smaller as well. Detection Technology right now shows a risk of 1.86%. Please confirm Detection Technology expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Detection Technology will be following its price patterns.
Risk-Adjusted Performance
Insignificant
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Compared to the overall equity markets, risk-adjusted returns on investments in Detection Technology OY are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong technical indicators, Detection Technology is not utilizing all of its potentials. The recent stock price confusion, may contribute to short-horizon losses for the traders. ...more
| Begin Period Cash Flow | 25.2 M | |
| Total Cashflows From Investing Activities | -1.4 M |
Detection |
Detection Technology Relative Risk vs. Return Landscape
If you would invest 1,470 in Detection Technology OY on December 26, 2024 and sell it today you would earn a total of 50.00 from holding Detection Technology OY or generate 3.4% return on investment over 90 days. Detection Technology OY is generating 0.0725% of daily returns and assumes 1.8595% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Detection, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Detection Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Detection Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Detection Technology OY, and traders can use it to determine the average amount a Detection Technology'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 = 0.039
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| Cash | Small Risk | DETEC | High Risk | Huge Risk |
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Estimated Market Risk
| 1.86 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Detection Technology is performing at about 3% 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 Detection Technology by adding it to a well-diversified portfolio.
Detection Technology Fundamentals Growth
Detection Stock prices reflect investors' perceptions of the future prospects and financial health of Detection Technology, and Detection Technology 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 Detection Stock performance.
| Return On Equity | 0.0699 | |||
| Return On Asset | 0.0395 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 236.91 M | |||
| Shares Outstanding | 14.66 M | |||
| Price To Earning | 64.68 X | |||
| Price To Book | 3.68 X | |||
| Price To Sales | 2.90 X | |||
| Revenue | 89.81 M | |||
| EBITDA | 14.81 M | |||
| Cash And Equivalents | 26.38 M | |||
| Cash Per Share | 1.81 X | |||
| Total Debt | 3.51 M | |||
| Debt To Equity | 0.06 % | |||
| Book Value Per Share | 4.96 X | |||
| Cash Flow From Operations | 7.12 M | |||
| Earnings Per Share | 0.53 X | |||
| Total Asset | 92.16 M | |||
| Retained Earnings | (11 M) | |||
| Current Asset | 28 M | |||
| Current Liabilities | 13 M | |||
About Detection Technology Performance
By evaluating Detection Technology's fundamental ratios, stakeholders can gain valuable insights into Detection Technology's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Detection Technology has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Detection Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Detection Technology Oyj provides X-ray detector solutions for medical, security, and industrial applications in approximately 40 countries. Detection Technology Oyj was founded in 1991 and is based in Espoo, Finland. Detection Technology operates under Scientific Technical Instruments classification in Finland and is traded on Helsinki Exchange. It employs 438 people.Things to note about Detection Technology performance evaluation
Checking the ongoing alerts about Detection Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Detection Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Detection Technology's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Detection Technology's stock performance include:- Analyzing Detection Technology'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 Detection Technology's stock is overvalued or undervalued compared to its peers.
- Examining Detection Technology'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 Detection Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Detection Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Detection Technology's stock. These opinions can provide insight into Detection Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Detection Stock analysis
When running Detection Technology's price analysis, check to measure Detection Technology'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 Detection Technology is operating at the current time. Most of Detection Technology's value examination focuses on studying past and present price action to predict the probability of Detection Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Detection Technology's price. Additionally, you may evaluate how the addition of Detection Technology to your portfolios can decrease your overall portfolio volatility.
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