Vitec Software (Sweden) Buy Hold or Sell Recommendation
| VIT-B Stock | SEK 505.00 29.50 5.52% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Vitec Software Group is 'Cautious Hold'. Macroaxis provides Vitec Software buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding VIT-B positions. The advice algorithm takes into account all of Vitec Software's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Vitec Software's buy or sell advice are summarized below:
Real Value 505 | Hype Value 505 | Market Value 505 | Naive Value 484.18 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Vitec Software Group given historical horizon and risk tolerance towards Vitec Software. When Macroaxis issues a 'buy' or 'sell' recommendation for Vitec Software Group, the advice is generated through an automated system that utilizes algorithms and statistical models.
Vitec |
Execute Vitec Software Buy or Sell Advice
The Vitec recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Vitec Software Group. Macroaxis does not own or have any residual interests in Vitec Software Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Vitec Software's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Vitec Software Trading Alerts and Improvement Suggestions
| Vitec Software Group generated a negative expected return over the last 90 days | |
| Vitec Software Group has accumulated kr754.63 Million in debt which can lead to volatile earnings | |
| The company has accumulated 754.63 M in total debt with debt to equity ratio (D/E) of 71.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Vitec Software Group has a current ratio of 0.73, 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 Vitec Software until it has trouble settling it off, either with new capital or with free cash flow. So, Vitec Software'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 Vitec Software Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Vitec to invest in growth at high rates of return. When we think about Vitec Software's use of debt, we should always consider it together with cash and equity. | |
| About 64.0% of Vitec Software outstanding shares are owned by institutional investors |
Vitec Software Returns Distribution Density
The distribution of Vitec Software's historical returns is an attempt to chart the uncertainty of Vitec Software's future price movements. The chart of the probability distribution of Vitec Software daily returns describes the distribution of returns around its average expected value. We use Vitec Software Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Vitec Software returns is essential to provide solid investment advice for Vitec Software.
| Mean Return | -0.21 | Value At Risk | -3.15 | Potential Upside | 2.20 | Standard Deviation | 1.88 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Vitec Software 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.
Vitec Software 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 Vitec Software or Technology 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 Vitec Software'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 Vitec 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 | -0.23 | |
β | Beta against NYSE Composite | 0.19 | |
σ | Overall volatility | 1.89 | |
Ir | Information ratio | -0.15 |
Vitec Software Volatility Alert
Vitec Software Group exhibits very low volatility with skewness of -0.88 and kurtosis of 2.22. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Vitec Software'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 Vitec Software'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.Vitec Software Fundamentals Vs Peers
Comparing Vitec Software'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 Vitec Software's direct or indirect competition across all of the common fundamentals between Vitec Software and the related equities. This way, we can detect undervalued stocks with similar characteristics as Vitec Software or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Vitec Software's fundamental indicators could also be used in its relative valuation, which is a method of valuing Vitec Software by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Vitec Software to competition |
| Fundamentals | Vitec Software | Peer Average |
| Return On Equity | 0.0942 | -0.31 |
| Return On Asset | 0.0491 | -0.14 |
| Profit Margin | 0.11 % | (1.27) % |
| Operating Margin | 0.18 % | (5.51) % |
| Current Valuation | 17.94 B | 16.62 B |
| Shares Outstanding | 34.68 M | 571.82 M |
| Shares Owned By Insiders | 12.40 % | 10.09 % |
| Shares Owned By Institutions | 64.01 % | 39.21 % |
| Price To Earning | 36.88 X | 28.72 X |
| Price To Book | 7.28 X | 9.51 X |
| Price To Sales | 7.12 X | 11.42 X |
| Revenue | 1.57 B | 9.43 B |
| Gross Profit | 996.81 M | 27.38 B |
| EBITDA | 568.9 M | 3.9 B |
| Net Income | 206.94 M | 570.98 M |
| Cash And Equivalents | 119.85 M | 2.7 B |
| Cash Per Share | 2.43 X | 5.01 X |
| Total Debt | 754.63 M | 5.32 B |
| Debt To Equity | 71.60 % | 48.70 % |
| Current Ratio | 0.74 X | 2.16 X |
| Book Value Per Share | 85.99 X | 1.93 K |
| Cash Flow From Operations | 488.02 M | 971.22 M |
| Earnings Per Share | 6.54 X | 3.12 X |
| Target Price | 526.5 | |
| Number Of Employees | 1.35 K | 18.84 K |
| Beta | 0.82 | -0.15 |
| Market Capitalization | 18.37 B | 19.03 B |
| Total Asset | 3.75 B | 29.47 B |
| Working Capital | (15 M) | 1.48 B |
| Current Asset | 205 M | 9.34 B |
| Current Liabilities | 220 M | 7.9 B |
| Z Score | 14.4 | 8.72 |
| Annual Yield | 0 % |
Vitec Software Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Vitec . 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 | 0.0545 | |||
| Daily Balance Of Power | (1.04) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 508.25 | |||
| Day Typical Price | 507.17 | |||
| Market Facilitation Index | 28.5 | |||
| Price Action Indicator | (18.00) | |||
| Period Momentum Indicator | (29.50) |
About Vitec Software Buy or Sell Advice
When is the right time to buy or sell Vitec Software Group? Buying financial instruments such as Vitec 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 Vitec Software 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 Defense Thematic Idea Now
Defense
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Defense theme has 16 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 Defense Theme or any other thematic opportunities.
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Check out Vitec Software 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. Note that the Vitec Software Group information on this page should be used as a complementary analysis to other Vitec Software's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Vitec Stock analysis
When running Vitec Software's price analysis, check to measure Vitec Software'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 Vitec Software is operating at the current time. Most of Vitec Software's value examination focuses on studying past and present price action to predict the probability of Vitec Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vitec Software's price. Additionally, you may evaluate how the addition of Vitec Software to your portfolios can decrease your overall portfolio volatility.
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