Addnode Group (Sweden) Performance
| ANOD-B Stock | SEK 114.60 0.20 0.17% |
On a scale of 0 to 100, Addnode Group holds a performance score of 12. The firm shows a Beta (market volatility) of -0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Addnode Group are expected to decrease at a much lower rate. During the bear market, Addnode Group is likely to outperform the market. Please check Addnode Group's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Addnode Group's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Addnode Group AB are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite somewhat uncertain basic indicators, Addnode Group sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 644 M | |
| Total Cashflows From Investing Activities | -398 M |
Addnode |
Addnode Group Relative Risk vs. Return Landscape
If you would invest 9,355 in Addnode Group AB on February 1, 2024 and sell it today you would earn a total of 2,105 from holding Addnode Group AB or generate 22.5% return on investment over 90 days. Addnode Group AB is generating 0.3518% of daily returns and assumes 2.2305% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Addnode, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Addnode Group Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Addnode Group's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Addnode Group AB, and traders can use it to determine the average amount a Addnode Group's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1577
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Estimated Market Risk
| 2.23 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Addnode Group is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Addnode Group by adding it to a well-diversified portfolio.
Addnode Group Fundamentals Growth
Addnode Stock prices reflect investors' perceptions of the future prospects and financial health of Addnode Group, and Addnode Group fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Addnode Stock performance.
| Return On Equity | 0.21 | |||
| Return On Asset | 0.0613 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 14.21 B | |||
| Shares Outstanding | 129.55 M | |||
| Price To Earning | 35.89 X | |||
| Price To Book | 7.32 X | |||
| Price To Sales | 2.40 X | |||
| Revenue | 4.08 B | |||
| EBITDA | 543 M | |||
| Cash And Equivalents | 406 M | |||
| Cash Per Share | 4.58 X | |||
| Total Debt | 718 M | |||
| Debt To Equity | 63.10 % | |||
| Book Value Per Share | 15.02 X | |||
| Cash Flow From Operations | 437 M | |||
| Earnings Per Share | 2.68 X | |||
| Total Asset | 4.32 B | |||
| Current Asset | 806 M | |||
| Current Liabilities | 927 M | |||
About Addnode Group Performance
To evaluate Addnode Group AB Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Addnode Group generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Addnode Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Addnode Group AB market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Addnode's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Addnode Group AB provides software and services for the design, construction, product data information, project collaboration, and property management. The company was founded in 2002 and is based in Stockholm, Sweden. Addnode Group operates under Software Providers classification in Sweden and is traded on Stockholm Stock Exchange. It employs 1656 people.Things to note about Addnode Group AB performance evaluation
Checking the ongoing alerts about Addnode Group for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Addnode Group AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company has kr718 Million in debt which may indicate that it relies heavily on debt financing | |
| The company has accumulated 718 M in total debt with debt to equity ratio (D/E) of 63.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Addnode Group AB has a current ratio of 0.6, 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 Addnode Group until it has trouble settling it off, either with new capital or with free cash flow. So, Addnode 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 Addnode Group AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Addnode to invest in growth at high rates of return. When we think about Addnode Group's use of debt, we should always consider it together with cash and equity. | |
| About 72.0% of Addnode Group shares are held by institutions such as insurance companies |
- Analyzing Addnode Group's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Addnode Group's stock is overvalued or undervalued compared to its peers.
- Examining Addnode Group's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Addnode Group's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Addnode Group's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Addnode Group's stock. These opinions can provide insight into Addnode Group's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Addnode Group 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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Addnode Stock analysis
When running Addnode Group's price analysis, check to measure Addnode 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 Addnode Group is operating at the current time. Most of Addnode Group's value examination focuses on studying past and present price action to predict the probability of Addnode 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 Addnode Group's price. Additionally, you may evaluate how the addition of Addnode Group to your portfolios can decrease your overall portfolio volatility.
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