Attendo Financial Statements From 2010 to 2024
| ATT Stock | SEK 43.65 1.85 4.43% |
Check Attendo AB financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Attendo main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Attendo financial statements analysis is a perfect complement when working with Attendo AB Valuation or Volatility modules.
Attendo |
Attendo AB Company Current Valuation Analysis
Attendo AB's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Attendo AB Current Valuation | 18.49 B |
Most of Attendo AB's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Attendo AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Attendo AB has a Current Valuation of 18.49 B. This is 28.71% higher than that of the Healthcare sector and 171.7% higher than that of the Medical Care industry. The current valuation for all Sweden stocks is 11.2% lower than that of the firm.
Attendo AB Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Attendo AB's current stock value. Our valuation model uses many indicators to compare Attendo AB value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Attendo AB competition to find correlations between indicators driving Attendo AB's intrinsic value. More Info.Attendo AB is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Attendo AB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Attendo AB's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Attendo AB's earnings, one of the primary drivers of an investment's value.About Attendo AB Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Attendo AB income statement, its balance sheet, and the statement of cash flows. Attendo AB investors use historical funamental indicators, such as Attendo AB's revenue or net income, to determine how well the company is positioned to perform in the future. Although Attendo AB investors may use each financial statement separately, they are all related. The changes in Attendo AB's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Attendo AB's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Attendo AB Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Attendo AB. Please read more on our technical analysis and fundamental analysis pages.
Attendo AB provides financed care services in Sweden, Finland, Norway, and Denmark. The company was founded in 1985 and is headquartered in Danderyd, Sweden. Attendo AB operates under Healthcare Services classification in Sweden and is traded on Stockholm Stock Exchange. It employs 24000 people.
Pair Trading with Attendo AB
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Attendo AB position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Attendo AB will appreciate offsetting losses from the drop in the long position's value.Moving together with Attendo Stock
| 0.7 | AZN | AstraZeneca PLC | PairCorr |
Moving against Attendo Stock
| 0.72 | SHB-B | Svenska Handelsbanken | PairCorr |
| 0.61 | SHB-A | Svenska Handelsbanken | PairCorr |
The ability to find closely correlated positions to Attendo AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Attendo AB when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Attendo AB - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Attendo AB to buy it.
The correlation of Attendo AB is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Attendo AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Attendo AB moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Attendo AB can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Attendo AB Correlation against competitors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Attendo Stock analysis
When running Attendo AB's price analysis, check to measure Attendo 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 Attendo AB is operating at the current time. Most of Attendo AB's value examination focuses on studying past and present price action to predict the probability of Attendo 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 Attendo AB's price. Additionally, you may evaluate how the addition of Attendo AB to your portfolios can decrease your overall portfolio volatility.
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