Mycronic Publ (Sweden) Performance
| MYCR Stock | SEK 387.40 4.40 1.15% |
Mycronic Publ has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.19, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mycronic Publ are expected to decrease at a much lower rate. During the bear market, Mycronic Publ is likely to outperform the market. Mycronic publ AB right now secures a risk of 2.26%. Please verify Mycronic publ AB coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Mycronic publ AB will be following its current price movements.
Risk-Adjusted Performance
2 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Mycronic publ AB are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, Mycronic Publ is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 1.3 B | |
| Total Cashflows From Investing Activities | -1.2 B |
Mycronic |
Mycronic Publ Relative Risk vs. Return Landscape
If you would invest 37,500 in Mycronic publ AB on August 31, 2024 and sell it today you would earn a total of 1,240 from holding Mycronic publ AB or generate 3.31% return on investment over 90 days. Mycronic publ AB is generating 0.0757% of daily returns and assumes 2.2638% volatility on return distribution over the 90 days horizon. Simply put, 20% of stocks are less volatile than Mycronic, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Mycronic Publ Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mycronic Publ's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mycronic publ AB, and traders can use it to determine the average amount a Mycronic Publ'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 = 0.0334
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| Cash | Small Risk | MYCR | High Risk | Huge Risk |
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Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Mycronic Publ is performing at about 2% 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 Mycronic Publ by adding it to a well-diversified portfolio.
Mycronic Publ Fundamentals Growth
Mycronic Stock prices reflect investors' perceptions of the future prospects and financial health of Mycronic Publ, and Mycronic Publ 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 Mycronic Stock performance.
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0829 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.17 % | |||
| Current Valuation | 19.2 B | |||
| Shares Outstanding | 97.53 M | |||
| Price To Earning | 31.92 X | |||
| Price To Book | 4.52 X | |||
| Price To Sales | 3.81 X | |||
| Revenue | 4.63 B | |||
| EBITDA | 1.27 B | |||
| Cash And Equivalents | 683 M | |||
| Cash Per Share | 13.34 X | |||
| Total Debt | 181 M | |||
| Debt To Equity | 0.08 % | |||
| Book Value Per Share | 47.76 X | |||
| Cash Flow From Operations | 998 M | |||
| Earnings Per Share | 6.85 X | |||
| Total Asset | 6.14 B | |||
About Mycronic Publ Performance
Assessing Mycronic Publ's fundamental ratios provides investors with valuable insights into Mycronic Publ's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Mycronic Publ 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.
Mycronic AB , together with its subsidiaries, develops, manufactures, and sells production equipment to the electronics industry. The company was formerly known as Micronic Mydata AB and changed its name to Mycronic AB in June 2014. Mycronic operates under Electronic Components classification in Sweden and is traded on Stockholm Stock Exchange. It employs 1525 people.Things to note about Mycronic publ AB performance evaluation
Checking the ongoing alerts about Mycronic Publ for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mycronic publ AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 82.0% of the company shares are owned by institutional investors |
- Analyzing Mycronic Publ'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 Mycronic Publ's stock is overvalued or undervalued compared to its peers.
- Examining Mycronic Publ'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 Mycronic Publ's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mycronic Publ's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mycronic Publ's stock. These opinions can provide insight into Mycronic Publ's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Mycronic Stock Analysis
When running Mycronic Publ's price analysis, check to measure Mycronic Publ'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 Mycronic Publ is operating at the current time. Most of Mycronic Publ's value examination focuses on studying past and present price action to predict the probability of Mycronic Publ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mycronic Publ's price. Additionally, you may evaluate how the addition of Mycronic Publ to your portfolios can decrease your overall portfolio volatility.