SSAB AB (Sweden) Buy Hold or Sell Recommendation
| SSAB-B Stock | SEK 63.82 0.18 0.28% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding SSAB AB is 'Cautious Hold'. Macroaxis provides SSAB AB buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SSAB AB positions. The advice algorithm takes into account all of SSAB AB's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting SSAB AB's buy or sell advice are summarized below:
Real Value 51.69 | Hype Value 63.82 | Market Value 63.82 | Naive Value 64.47 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell SSAB AB given historical horizon and risk tolerance towards SSAB AB. When Macroaxis issues a 'buy' or 'sell' recommendation for SSAB AB, the advice is generated through an automated system that utilizes algorithms and statistical models.
SSAB |
Execute SSAB AB Buy or Sell Advice
The SSAB recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on SSAB AB. Macroaxis does not own or have any residual interests in SSAB AB or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute SSAB AB'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 | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
SSAB AB Trading Alerts and Improvement Suggestions
| SSAB AB generated a negative expected return over the last 90 days | |
| The company reported the revenue of 128.75 B. Net Loss for the year was (4.36 B) with profit before overhead, payroll, taxes, and interest of 1.65 B. | |
| About 15.0% of the company outstanding shares are owned by corporate insiders |
SSAB AB Returns Distribution Density
The distribution of SSAB AB's historical returns is an attempt to chart the uncertainty of SSAB AB's future price movements. The chart of the probability distribution of SSAB AB daily returns describes the distribution of returns around its average expected value. We use SSAB AB price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of SSAB AB returns is essential to provide solid investment advice for SSAB AB.
| Mean Return | -0.22 | Value At Risk | -3.43 | Potential Upside | 2.72 | Standard Deviation | 1.89 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of SSAB 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.
SSAB 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 SSAB AB or Basic Materials 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 SSAB 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 SSAB 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 | -0.27 | |
β | Beta against NYSE Composite | 0.41 | |
σ | Overall volatility | 1.91 | |
Ir | Information ratio | -0.17 |
SSAB AB Volatility Alert
SSAB AB exhibits very low volatility with skewness of -0.18 and kurtosis of 1.95. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure SSAB 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 SSAB 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.SSAB AB Fundamentals Vs Peers
Comparing SSAB AB'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 SSAB AB's direct or indirect competition across all of the common fundamentals between SSAB AB and the related equities. This way, we can detect undervalued stocks with similar characteristics as SSAB AB or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of SSAB AB's fundamental indicators could also be used in its relative valuation, which is a method of valuing SSAB AB by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare SSAB AB to competition |
| Fundamentals | SSAB AB | Peer Average |
| Return On Equity | -0.15 | -0.31 |
| Return On Asset | -0.0247 | -0.14 |
| Profit Margin | (0.08) % | (1.27) % |
| Operating Margin | (0.03) % | (5.51) % |
| Current Valuation | 51.5 B | 16.62 B |
| Shares Outstanding | 725.65 M | 571.82 M |
| Shares Owned By Insiders | 14.62 % | 10.09 % |
| Shares Owned By Institutions | 36.73 % | 39.21 % |
| Price To Earning | 6.74 X | 28.72 X |
| Price To Book | 0.54 X | 9.51 X |
| Price To Sales | 0.48 X | 11.42 X |
| Revenue | 128.75 B | 9.43 B |
| Gross Profit | 1.65 B | 27.38 B |
| EBITDA | (977 M) | 3.9 B |
| Net Income | (4.36 B) | 570.98 M |
| Cash And Equivalents | 24.9 B | 2.7 B |
| Cash Per Share | 4.30 X | 5.01 X |
| Total Debt | 8.1 B | 5.32 B |
| Debt To Equity | 27.60 % | 48.70 % |
| Current Ratio | 1.65 X | 2.16 X |
| Book Value Per Share | 65.18 X | 1.93 K |
| Cash Flow From Operations | 18.16 B | 971.22 M |
| Earnings Per Share | 23.58 X | 3.12 X |
| Target Price | 110.0 | |
| Number Of Employees | 14.49 K | 18.84 K |
| Beta | 1.35 | -0.15 |
| Market Capitalization | 74.24 B | 19.03 B |
| Total Asset | 109.71 B | 29.47 B |
| Retained Earnings | 16.64 B | 9.33 B |
| Working Capital | 15.55 B | 1.48 B |
| Current Asset | 28.26 B | 9.34 B |
| Current Liabilities | 12.71 B | 7.9 B |
| Z Score | 6.4 | 8.72 |
SSAB AB Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as SSAB . 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 | 38244.38 | |||
| Daily Balance Of Power | 0.1915 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 63.65 | |||
| Day Typical Price | 63.71 | |||
| Price Action Indicator | 0.26 | |||
| Period Momentum Indicator | 0.18 |
About SSAB AB Buy or Sell Advice
When is the right time to buy or sell SSAB AB? Buying financial instruments such as SSAB 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 SSAB AB 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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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When running SSAB AB's price analysis, check to measure SSAB 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 SSAB AB is operating at the current time. Most of SSAB AB's value examination focuses on studying past and present price action to predict the probability of SSAB 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 SSAB AB's price. Additionally, you may evaluate how the addition of SSAB AB to your portfolios can decrease your overall portfolio volatility.
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