Acconeer Ab Stock Net Asset
| ACCON Stock | SEK 6.21 0.24 3.72% |
Acconeer AB fundamentals help investors to digest information that contributes to Acconeer's financial success or failures. It also enables traders to predict the movement of Acconeer Stock. The fundamental analysis module provides a way to measure Acconeer's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Acconeer stock.
Acconeer |
Acconeer AB Company Net Asset Analysis
Acconeer's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Acconeer Net Asset | 223.22 M |
Most of Acconeer's fundamental indicators, such as Net Asset, 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, Acconeer AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Acconeer AB has a Net Asset of 223.22 M. This is much higher than that of the Technology sector and significantly higher than that of the Electronic Components industry. The net asset for all Sweden stocks is notably lower than that of the firm.
Acconeer Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Acconeer's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Acconeer could also be used in its relative valuation, which is a method of valuing Acconeer by comparing valuation metrics of similar companies.Acconeer is currently under evaluation in net asset category among related companies.
Acconeer Fundamentals
| Return On Equity | -0.4 | |||
| Return On Asset | -0.22 | |||
| Profit Margin | (1.31) % | |||
| Operating Margin | (1.31) % | |||
| Current Valuation | 947.21 M | |||
| Shares Outstanding | 26.33 M | |||
| Shares Owned By Insiders | 41.02 % | |||
| Shares Owned By Institutions | 4.25 % | |||
| Price To Book | 5.88 X | |||
| Price To Sales | 26.08 X | |||
| Revenue | 31.16 M | |||
| Gross Profit | 25.33 M | |||
| EBITDA | (39.66 M) | |||
| Net Income | (51.14 M) | |||
| Cash And Equivalents | 110.46 M | |||
| Cash Per Share | 5.74 X | |||
| Debt To Equity | 0.20 % | |||
| Current Ratio | 12.24 X | |||
| Book Value Per Share | 6.84 X | |||
| Cash Flow From Operations | (42.59 M) | |||
| Earnings Per Share | (2.22) X | |||
| Target Price | 42.91 | |||
| Number Of Employees | 48 | |||
| Beta | 1.36 | |||
| Market Capitalization | 1.03 B | |||
| Total Asset | 223.22 M | |||
| Net Asset | 223.22 M |
About Acconeer Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Acconeer AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Acconeer using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Acconeer AB based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Acconeer in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Acconeer's short interest history, or implied volatility extrapolated from Acconeer options trading.
Pair Trading with Acconeer
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 Acconeer 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 Acconeer will appreciate offsetting losses from the drop in the long position's value.Moving together with Acconeer Stock
| 0.72 | PCELL | Powercell Sweden | PairCorr |
| 0.65 | HANZA | Hanza AB | PairCorr |
Moving against Acconeer Stock
| 0.72 | MYCR | Mycronic publ AB | PairCorr |
| 0.68 | TRAC-B | AB Traction | PairCorr |
| 0.51 | CRED-A | Creades AB | PairCorr |
The ability to find closely correlated positions to Acconeer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acconeer 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 Acconeer - 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 Acconeer AB to buy it.
The correlation of Acconeer 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 Acconeer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acconeer 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 Acconeer 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Acconeer AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Acconeer Stock analysis
When running Acconeer's price analysis, check to measure Acconeer'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 Acconeer is operating at the current time. Most of Acconeer's value examination focuses on studying past and present price action to predict the probability of Acconeer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acconeer's price. Additionally, you may evaluate how the addition of Acconeer to your portfolios can decrease your overall portfolio volatility.
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