Zignsec AB (Sweden) Performance
| ZIGN Stock | SEK 1.38 0.02 1.47% |
Zignsec AB has a performance score of 6 on a scale of 0 to 100. The firm maintains a market beta of -4.21, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Zignsec AB are expected to decrease by larger amounts. On the other hand, during market turmoil, Zignsec AB is expected to outperform it. Zignsec AB right now maintains a risk of 2.07%. Please check out Zignsec AB standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Zignsec AB will be following its historical returns.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Zignsec AB are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Zignsec AB may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Begin Period Cash Flow | 48.3 M | |
| Total Cashflows From Investing Activities | -127.6 M |
Zignsec |
Zignsec AB Relative Risk vs. Return Landscape
If you would invest 125.00 in Zignsec AB on September 4, 2024 and sell it today you would earn a total of 13.00 from holding Zignsec AB or generate 10.4% return on investment over 90 days. Zignsec AB is generating 0.1732% of daily returns and assumes 2.0666% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Zignsec, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Zignsec AB Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zignsec AB's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Zignsec AB, and traders can use it to determine the average amount a Zignsec 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 = 0.0838
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.07 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Zignsec AB is performing at about 6% 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 Zignsec AB by adding it to a well-diversified portfolio.
Zignsec AB Fundamentals Growth
Zignsec Stock prices reflect investors' perceptions of the future prospects and financial health of Zignsec AB, and Zignsec 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 Zignsec Stock performance.
| Return On Equity | -0.44 | |||
| Return On Asset | -0.17 | |||
| Profit Margin | (1.26) % | |||
| Operating Margin | (1.20) % | |||
| Current Valuation | 82.64 M | |||
| Shares Outstanding | 38.08 M | |||
| Price To Book | 0.44 X | |||
| Price To Sales | 1.24 X | |||
| Revenue | 52.95 M | |||
| EBITDA | (19.54 M) | |||
| Cash And Equivalents | 48.34 M | |||
| Cash Per Share | 2.17 X | |||
| Total Debt | 1.65 M | |||
| Book Value Per Share | 5.75 X | |||
| Cash Flow From Operations | (28.63 M) | |||
| Earnings Per Share | (2.84) X | |||
| Total Asset | 391.56 M | |||
About Zignsec AB Performance
Assessing Zignsec AB's fundamental ratios provides investors with valuable insights into Zignsec AB's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Zignsec AB 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.
ZignSec AB operates an identity service platform for companies to identify their customers digitally in real-time. The company was founded in 2015 and is based in Solna, Sweden. ZignSec AB is traded on Stockholm Stock Exchange in Sweden.Things to note about Zignsec AB performance evaluation
Checking the ongoing alerts about Zignsec AB for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Zignsec AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Zignsec AB may become a speculative penny stock | |
| The company reported the revenue of 52.95 M. Net Loss for the year was (72.74 M) with profit before overhead, payroll, taxes, and interest of 4.36 M. | |
| Zignsec AB has accumulated about 48.34 M in cash with (28.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.17, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Zignsec 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 Zignsec AB's stock is overvalued or undervalued compared to its peers.
- Examining Zignsec 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 Zignsec AB's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Zignsec AB's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Zignsec AB's stock. These opinions can provide insight into Zignsec AB's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Zignsec Stock Analysis
When running Zignsec AB's price analysis, check to measure Zignsec 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 Zignsec AB is operating at the current time. Most of Zignsec AB's value examination focuses on studying past and present price action to predict the probability of Zignsec 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 Zignsec AB's price. Additionally, you may evaluate how the addition of Zignsec AB to your portfolios can decrease your overall portfolio volatility.