ASSA ABLOY (Sweden) Buy Hold or Sell Recommendation
| ASSA-B Stock | SEK 300.90 9.40 3.03% |
Assuming the 90 days trading horizon and your way above-average risk tolerance, our recommendation regarding ASSA ABLOY AB is 'Buy'. Macroaxis provides ASSA ABLOY buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ASSA-B positions. The advice algorithm takes into account all of ASSA ABLOY's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ASSA ABLOY's buy or sell advice are summarized below:
Real Value 238.93 | Hype Value 310.3 | Market Value 300.9 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ASSA ABLOY AB given historical horizon and risk tolerance towards ASSA ABLOY. When Macroaxis issues a 'buy' or 'sell' recommendation for ASSA ABLOY AB, the advice is generated through an automated system that utilizes algorithms and statistical models.
ASSA |
Execute ASSA ABLOY Buy or Sell Advice
The ASSA recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ASSA ABLOY AB. Macroaxis does not own or have any residual interests in ASSA ABLOY AB or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ASSA ABLOY's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
ASSA ABLOY Trading Alerts and Improvement Suggestions
| The company has kr23.15 Billion in debt which may indicate that it relies heavily on debt financing | |
| The company has accumulated 23.15 B in total debt with debt to equity ratio (D/E) of 65.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. ASSA ABLOY AB has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist ASSA ABLOY until it has trouble settling it off, either with new capital or with free cash flow. So, ASSA ABLOY's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ASSA ABLOY AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ASSA to invest in growth at high rates of return. When we think about ASSA ABLOY's use of debt, we should always consider it together with cash and equity. | |
| About 68.0% of ASSA ABLOY shares are held by institutions such as insurance companies |
ASSA ABLOY Returns Distribution Density
The distribution of ASSA ABLOY's historical returns is an attempt to chart the uncertainty of ASSA ABLOY's future price movements. The chart of the probability distribution of ASSA ABLOY daily returns describes the distribution of returns around its average expected value. We use ASSA ABLOY AB price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ASSA ABLOY returns is essential to provide solid investment advice for ASSA ABLOY.
| Mean Return | 0.14 | Value At Risk | -1.37 | Potential Upside | 1.63 | Standard Deviation | 0.86 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ASSA ABLOY historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
ASSA ABLOY Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ASSA ABLOY or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ASSA ABLOY's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ASSA stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.10 | |
β | Beta against NYSE Composite | 0.26 | |
σ | Overall volatility | 0.92 | |
Ir | Information ratio | 0.05 |
ASSA ABLOY Volatility Alert
ASSA ABLOY AB has low volatility with Treynor Ratio of 0.49, Maximum Drawdown of 4.1 and kurtosis of 0.0. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ASSA ABLOY's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ASSA ABLOY's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.ASSA ABLOY Fundamentals Vs Peers
Comparing ASSA ABLOY's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ASSA ABLOY's direct or indirect competition across all of the common fundamentals between ASSA ABLOY and the related equities. This way, we can detect undervalued stocks with similar characteristics as ASSA ABLOY or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ASSA ABLOY's fundamental indicators could also be used in its relative valuation, which is a method of valuing ASSA ABLOY by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ASSA ABLOY to competition |
| Fundamentals | ASSA ABLOY | Peer Average |
| Return On Equity | 0.17 | -0.31 |
| Return On Asset | 0.0813 | -0.14 |
| Profit Margin | 0.11 % | (1.27) % |
| Operating Margin | 0.15 % | (5.51) % |
| Current Valuation | 291.79 B | 16.62 B |
| Shares Outstanding | 1.05 B | 571.82 M |
| Shares Owned By Insiders | 1.72 % | 10.09 % |
| Shares Owned By Institutions | 67.76 % | 39.21 % |
| Price To Earning | 28.27 X | 28.72 X |
| Price To Book | 3.05 X | 9.51 X |
| Price To Sales | 2.24 X | 11.42 X |
| Revenue | 120.79 B | 9.43 B |
| Gross Profit | 47.93 B | 27.38 B |
| EBITDA | 22.59 B | 3.9 B |
| Net Income | 18.53 B | 570.98 M |
| Cash And Equivalents | 3.42 B | 2.7 B |
| Cash Per Share | 0.32 X | 5.01 X |
| Total Debt | 23.15 B | 5.32 B |
| Debt To Equity | 65.00 % | 48.70 % |
| Current Ratio | 0.99 X | 2.16 X |
| Book Value Per Share | 77.44 X | 1.93 K |
| Cash Flow From Operations | 14.36 B | 971.22 M |
| Earnings Per Share | 11.35 X | 3.12 X |
| Price To Earnings To Growth | 1.79 X | 4.89 X |
| Target Price | 284.68 | |
| Number Of Employees | 52.46 K | 18.84 K |
| Beta | 0.7 | -0.15 |
| Market Capitalization | 287.47 B | 19.03 B |
| Total Asset | 154.56 B | 29.47 B |
| Working Capital | 2.96 B | 1.48 B |
| Current Asset | 24.5 B | 9.34 B |
| Current Liabilities | 21.54 B | 7.9 B |
| Z Score | 7.2 | 8.72 |
ASSA ABLOY Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ASSA . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 83456.8 | |||
| Daily Balance Of Power | (0.92) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 304.8 | |||
| Day Typical Price | 303.5 | |||
| Price Action Indicator | (8.60) | |||
| Period Momentum Indicator | (9.40) | |||
| Relative Strength Index | 79.8 |
About ASSA ABLOY Buy or Sell Advice
When is the right time to buy or sell ASSA ABLOY AB? Buying financial instruments such as ASSA Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having ASSA ABLOY in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Large Value Funds Thematic Idea Now
Large Value Funds
Funds or Etfs that invest in the undervalued stocks of large-sized companies. The Large Value Funds theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Value Funds Theme or any other thematic opportunities.
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Check out ASSA ABLOY Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for ASSA Stock analysis
When running ASSA ABLOY's price analysis, check to measure ASSA ABLOY'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 ASSA ABLOY is operating at the current time. Most of ASSA ABLOY's value examination focuses on studying past and present price action to predict the probability of ASSA ABLOY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASSA ABLOY's price. Additionally, you may evaluate how the addition of ASSA ABLOY to your portfolios can decrease your overall portfolio volatility.
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