Troax Group (Sweden) Buy Hold or Sell Recommendation
| TROAX Stock | SEK 226.50 1.50 0.66% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Troax Group AB is 'Strong Sell'. Macroaxis provides Troax Group buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TROAX positions. The advice algorithm takes into account all of Troax Group's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Troax Group's buy or sell advice are summarized below:
Real Value 189.6 | Hype Value 226.5 | Market Value 226.5 | Naive Value 241.13 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Troax Group AB given historical horizon and risk tolerance towards Troax Group. When Macroaxis issues a 'buy' or 'sell' recommendation for Troax Group AB, the advice is generated through an automated system that utilizes algorithms and statistical models.
Troax |
Execute Troax Group Buy or Sell Advice
The Troax recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Troax Group AB. Macroaxis does not own or have any residual interests in Troax Group AB or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Troax Group's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Troax Group Trading Alerts and Improvement Suggestions
| The company has accumulated 82.32 M in total debt with debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from borrowing. Troax Group AB has a current ratio of 0.93, 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 Troax Group until it has trouble settling it off, either with new capital or with free cash flow. So, Troax Group'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 Troax Group AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Troax to invest in growth at high rates of return. When we think about Troax Group's use of debt, we should always consider it together with cash and equity. | |
| About 74.0% of Troax Group shares are owned by institutional investors |
Troax Group Returns Distribution Density
The distribution of Troax Group's historical returns is an attempt to chart the uncertainty of Troax Group's future price movements. The chart of the probability distribution of Troax Group daily returns describes the distribution of returns around its average expected value. We use Troax Group AB price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Troax Group returns is essential to provide solid investment advice for Troax Group.
| Mean Return | 0.06 | Value At Risk | -3.15 | Potential Upside | 3.18 | Standard Deviation | 2.12 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Troax Group 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.
Troax Group 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 Troax Group or Machinery 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 Troax Group'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 Troax 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 | 0.09 | |
β | Beta against NYSE Composite | -0.54 | |
σ | Overall volatility | 2.14 | |
Ir | Information ratio | -0.0072 |
Troax Group Volatility Alert
Troax Group AB currently demonstrates below-average downside deviation. It has Information Ratio of -0.01 and Jensen Alpha of 0.09. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Troax Group'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 Troax Group'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.Troax Group Fundamentals Vs Peers
Comparing Troax Group'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 Troax Group's direct or indirect competition across all of the common fundamentals between Troax Group and the related equities. This way, we can detect undervalued stocks with similar characteristics as Troax Group or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Troax Group's fundamental indicators could also be used in its relative valuation, which is a method of valuing Troax Group by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Troax Group to competition |
| Fundamentals | Troax Group | Peer Average |
| Return On Equity | 0.25 | -0.31 |
| Return On Asset | 0.11 | -0.14 |
| Profit Margin | 0.13 % | (1.27) % |
| Operating Margin | 0.17 % | (5.51) % |
| Current Valuation | 12.76 B | 16.62 B |
| Shares Outstanding | 59.87 M | 571.82 M |
| Shares Owned By Insiders | 7.80 % | 10.09 % |
| Shares Owned By Institutions | 73.61 % | 39.21 % |
| Price To Earning | 776.29 X | 28.72 X |
| Price To Book | 6.84 X | 9.51 X |
| Price To Sales | 39.29 X | 11.42 X |
| Revenue | 252.28 M | 9.43 B |
| Gross Profit | 97.3 M | 27.38 B |
| EBITDA | 62.29 M | 3.9 B |
| Net Income | 39.78 M | 570.98 M |
| Cash And Equivalents | 35.19 M | 2.7 B |
| Cash Per Share | 0.38 X | 5.01 X |
| Total Debt | 82.32 M | 5.32 B |
| Debt To Equity | 0.25 % | 48.70 % |
| Current Ratio | 0.95 X | 2.16 X |
| Book Value Per Share | 2.58 X | 1.93 K |
| Cash Flow From Operations | 32.17 M | 971.22 M |
| Earnings Per Share | 7.15 X | 3.12 X |
| Target Price | 218.69 | |
| Number Of Employees | 19 | 18.84 K |
| Beta | 1.76 | -0.15 |
| Market Capitalization | 14.19 B | 19.03 B |
| Total Asset | 291.32 M | 29.47 B |
| Working Capital | 25 M | 1.48 B |
| Current Asset | 43 M | 9.34 B |
| Current Liabilities | 18 M | 7.9 B |
| Annual Yield | 0.01 % | |
| Five Year Return | 1.30 % |
Troax Group Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Troax . 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 | 300.8 | |||
| Daily Balance Of Power | (0.38) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 226.5 | |||
| Day Typical Price | 226.5 | |||
| Market Facilitation Index | 2.0E-4 | |||
| Price Action Indicator | (0.75) | |||
| Period Momentum Indicator | (1.50) |
About Troax Group Buy or Sell Advice
When is the right time to buy or sell Troax Group AB? Buying financial instruments such as Troax 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.
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Check out Troax Group 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Troax Stock analysis
When running Troax Group's price analysis, check to measure Troax Group'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 Troax Group is operating at the current time. Most of Troax Group's value examination focuses on studying past and present price action to predict the probability of Troax Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Troax Group's price. Additionally, you may evaluate how the addition of Troax Group to your portfolios can decrease your overall portfolio volatility.
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