SSAB AB (Sweden) Performance
| SSAB-B Stock | SEK 50.00 0.07 0.14% |
SSAB AB has a performance score of 2 on a scale of 0 to 100. The entity owns a Beta (Systematic Risk) of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SSAB AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding SSAB AB is expected to be smaller as well. SSAB AB currently owns a risk of 2.09%. Please validate SSAB AB coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if SSAB AB will be following its current price history.
Risk-Adjusted Performance
2 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in SSAB AB are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, SSAB AB is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 13.8 B | |
| Total Cashflows From Investing Activities | -3.9 B |
SSAB |
SSAB AB Relative Risk vs. Return Landscape
If you would invest 4,883 in SSAB AB on August 31, 2024 and sell it today you would earn a total of 117.00 from holding SSAB AB or generate 2.4% return on investment over 90 days. SSAB AB is generating 0.0579% of daily returns and assumes 2.0869% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than SSAB, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SSAB AB Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SSAB AB's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SSAB AB, and traders can use it to determine the average amount a SSAB AB'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 = 0.0277
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| Cash | Small Risk | SSAB-B | High Risk | Huge Risk |
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Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.06 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 SSAB AB 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 SSAB AB by adding it to a well-diversified portfolio.
SSAB AB Fundamentals Growth
SSAB Stock prices reflect investors' perceptions of the future prospects and financial health of SSAB AB, and SSAB AB 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 SSAB Stock performance.
| Return On Equity | -0.15 | |||
| Return On Asset | -0.0247 | |||
| Profit Margin | (0.08) % | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 51.5 B | |||
| Shares Outstanding | 725.65 M | |||
| Price To Earning | 6.74 X | |||
| Price To Book | 0.54 X | |||
| Price To Sales | 0.48 X | |||
| Revenue | 128.75 B | |||
| EBITDA | (977 M) | |||
| Cash And Equivalents | 24.9 B | |||
| Cash Per Share | 4.30 X | |||
| Total Debt | 8.1 B | |||
| Debt To Equity | 27.60 % | |||
| Book Value Per Share | 65.18 X | |||
| Cash Flow From Operations | 18.16 B | |||
| Earnings Per Share | 23.58 X | |||
| Total Asset | 109.71 B | |||
| Retained Earnings | 16.64 B | |||
| Current Asset | 28.26 B | |||
| Current Liabilities | 12.71 B | |||
About SSAB AB Performance
By analyzing SSAB AB's fundamental ratios, stakeholders can gain valuable insights into SSAB AB's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SSAB AB 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 SSAB AB has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
It operates through five segments SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. SSAB AB was founded in 1978 and is headquartered in Stockholm, Sweden. SSAB AB operates under Steel classification in Sweden and is traded on Stockholm Stock Exchange. It employs 14594 people.Things to note about SSAB AB performance evaluation
Checking the ongoing alerts about SSAB AB for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SSAB AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the revenue of 128.75 B. Net Loss for the year was (4.36 B) with profit before overhead, payroll, taxes, and interest of 1.65 B. | |
| About 15.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing SSAB AB'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 SSAB AB's stock is overvalued or undervalued compared to its peers.
- Examining SSAB AB'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 SSAB AB's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SSAB AB's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SSAB AB's stock. These opinions can provide insight into SSAB AB's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for SSAB Stock analysis
When running SSAB AB's price analysis, check to measure SSAB AB'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 SSAB AB is operating at the current time. Most of SSAB AB's value examination focuses on studying past and present price action to predict the probability of SSAB AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SSAB AB's price. Additionally, you may evaluate how the addition of SSAB AB to your portfolios can decrease your overall portfolio volatility.
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