Sandvik Ab Stock Analysis

Sandvik Pink Sheet Analysis Notes

About 55.0% of the company shares are owned by institutional investors. The book value of Sandvik AB was at this time reported as 5.09. The company has Price/Earnings To Growth (PEG) ratio of 2.2. Sandvik AB last dividend was issued on the 28th of April 2023. The entity had 5:1 split on the 8th of June 2006. Sandvik AB operates as an engineering company in the areas of mining and rock excavation, rock processing, manufacturing and machining, and materials technology in Sweden and internationally. The company was founded in 1862 and is headquartered in Stockholm, Sweden. SANDVIK AB operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 571 people.The quote for Sandvik AB is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Sandvik AB contact Stefan Widing at 46 84 56 11 00 or learn more at https://www.home.sandvik.

Sandvik Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 26.73 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sandvik AB's market, we take the total number of its shares issued and multiply it by Sandvik AB's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Sandvik Profitablity

The company has Profit Margin (PM) of 0.1 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average.

Technical Drivers

As of the 20th of March, Sandvik AB has the Coefficient Of Variation of 846.37, semi deviation of 1.07, and Risk Adjusted Performance of 0.1116. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sandvik AB, as well as the relationship between them. Please validate Sandvik AB variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Sandvik AB is priced more or less accurately, providing market reflects its prevalent price of 23.0 per share. Given that Sandvik AB has jensen alpha of 0.3182, we advise you to double-check Sandvik AB's current market performance to make sure the company can sustain itself at a future point.

Sandvik AB Price Movement Analysis

Sandvik AB Predictive Daily Indicators

Sandvik AB Forecast Models

Sandvik AB's time-series forecasting models are one of many Sandvik AB's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Sandvik AB's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Sandvik AB prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Sandvik shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Sandvik AB. By using and applying Sandvik Pink Sheet analysis, traders can create a robust methodology for identifying Sandvik entry and exit points for their positions.

When running Sandvik AB's price analysis, check to measure Sandvik 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 Sandvik AB is operating at the current time. Most of Sandvik AB's value examination focuses on studying past and present price action to predict the probability of Sandvik 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 Sandvik AB's price. Additionally, you may evaluate how the addition of Sandvik AB to your portfolios can decrease your overall portfolio volatility.