Ctek AB (Sweden) Buy Hold or Sell Recommendation
| CTEK Stock | 12.66 0.04 0.31% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Ctek AB is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Ctek AB given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Ctek AB, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. Note, we conduct extensive research on individual companies such as Ctek and provide practical buy, sell, or hold advice based on investors' constraints. Ctek AB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Ctek |
Execute Ctek AB Buy or Sell Advice
The Ctek recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ctek AB. Macroaxis does not own or have any residual interests in Ctek AB or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ctek AB's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weakest | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Ctek AB Trading Alerts and Improvement Suggestions
| Ctek AB generated a negative expected return over the last 90 days |
Ctek AB Returns Distribution Density
The distribution of Ctek AB's historical returns is an attempt to chart the uncertainty of Ctek AB's future price movements. The chart of the probability distribution of Ctek AB daily returns describes the distribution of returns around its average expected value. We use Ctek AB price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ctek AB returns is essential to provide solid investment advice for Ctek AB.
| Mean Return | 0.04 | Value At Risk | -2.45 | Potential Upside | 2.00 | Standard Deviation | 1.48 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ctek AB 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.
Ctek AB 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 Ctek AB or Ctek 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 Ctek AB'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 Ctek 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 Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 1.48 | |
Ir | Information ratio | -0.04 |
Ctek AB Volatility Alert
Ctek AB has relatively low volatility with skewness of 0.03 and kurtosis of 0.19. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ctek AB'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 Ctek AB'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.Ctek AB Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ctek . 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.
| Symbol | CTEK |
| Name | Ctek AB |
| Type | Stock |
| Country | Sweden |
| Exchange | ST |
Analyst Recommendation is not found for Ctek AB at this timeWe are unable to locate Ctek AB analyst recommendation at this time. If you believe the equity you are trying to look up is valid, please let us know, and we will check it out.Try Macroaxis Advice
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Additional Tools for Ctek Stock Analysis
When running Ctek AB's price analysis, check to measure Ctek AB'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 Ctek AB is operating at the current time. Most of Ctek AB's value examination focuses on studying past and present price action to predict the probability of Ctek AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ctek AB's price. Additionally, you may evaluate how the addition of Ctek AB to your portfolios can decrease your overall portfolio volatility.