SaltX Technology (Sweden) Performance
| SALT-B Stock | SEK 5.14 0.03 0.58% |
On a scale of 0 to 100, SaltX Technology holds a performance score of 11. The entity has a beta of -0.78, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SaltX Technology are expected to decrease at a much lower rate. During the bear market, SaltX Technology is likely to outperform the market. Please check SaltX Technology's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether SaltX Technology's existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in SaltX Technology Holding are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite somewhat uncertain essential indicators, SaltX Technology sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 45.6 M | |
| Total Cashflows From Investing Activities | -15 M |
SaltX |
SaltX Technology Relative Risk vs. Return Landscape
If you would invest 325.00 in SaltX Technology Holding on December 27, 2024 and sell it today you would earn a total of 189.00 from holding SaltX Technology Holding or generate 58.15% return on investment over 90 days. SaltX Technology Holding is generating 0.9309% of daily returns and assumes 6.405% volatility on return distribution over the 90 days horizon. Simply put, 57% of stocks are less volatile than SaltX, and 82% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SaltX Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SaltX Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SaltX Technology Holding, and traders can use it to determine the average amount a SaltX 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 = 0.1453
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Estimated Market Risk
| 6.41 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.93 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average SaltX Technology is performing at about 11% 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 SaltX Technology by adding it to a well-diversified portfolio.
SaltX Technology Fundamentals Growth
SaltX Stock prices reflect investors' perceptions of the future prospects and financial health of SaltX Technology, and SaltX 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 SaltX Stock performance.
| Return On Equity | -0.42 | |||
| Return On Asset | -0.19 | |||
| Operating Margin | (20.34) % | |||
| Current Valuation | 571.59 M | |||
| Shares Outstanding | 121.1 M | |||
| Price To Book | 4.55 X | |||
| Price To Sales | 249.42 X | |||
| Revenue | 164 K | |||
| EBITDA | (30.21 M) | |||
| Cash And Equivalents | 51.16 M | |||
| Cash Per Share | 0.46 X | |||
| Total Debt | 27.18 M | |||
| Debt To Equity | 47.50 % | |||
| Book Value Per Share | 1.19 X | |||
| Cash Flow From Operations | (36.09 M) | |||
| Earnings Per Share | (0.43) X | |||
| Total Asset | 151.25 M | |||
About SaltX Technology Performance
By analyzing SaltX Technology's fundamental ratios, stakeholders can gain valuable insights into SaltX Technology's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SaltX 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 SaltX Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SaltX Technology Holding AB develops, delivers, and licenses the SaltX technology to the OEM manufacturers of energy efficient heating and cooling products. The company was founded in 2001 and is headquartered in Hagersten, Sweden. SaltX Technology is traded on Stockholm Stock Exchange in Sweden.Things to note about SaltX Technology Holding performance evaluation
Checking the ongoing alerts about SaltX Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SaltX Technology Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SaltX Technology is way too risky over 90 days horizon | |
| SaltX Technology appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 164 K. Net Loss for the year was (38.28 M) with loss before overhead, payroll, taxes, and interest of (14.7 M). | |
| SaltX Technology Holding has accumulated about 51.16 M in cash with (36.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.46. |
- Analyzing SaltX 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 SaltX Technology's stock is overvalued or undervalued compared to its peers.
- Examining SaltX 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 SaltX Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SaltX Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SaltX Technology's stock. These opinions can provide insight into SaltX Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for SaltX Stock analysis
When running SaltX Technology's price analysis, check to measure SaltX 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 SaltX Technology is operating at the current time. Most of SaltX Technology's value examination focuses on studying past and present price action to predict the probability of SaltX 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 SaltX Technology's price. Additionally, you may evaluate how the addition of SaltX Technology to your portfolios can decrease your overall portfolio volatility.
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