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Scandinavian Stock Performance

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SBS -- Denmark Stock  

DKK 13.00  0.40  2.99%

The entity has a beta of -0.2602, which indicates as returns on market increase, returns on owning Scandinavian Brake are expected to decrease at a much smaller rate. During bear market, Scandinavian Brake is likely to outperform the market. Even though it is essential to pay attention to Scandinavian Brake current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Scandinavian Brake Systems AS exposes twenty-one different technical indicators, which can help you to evaluate its performance. Scandinavian Brake has an expected return of -0.2257%. Please be advised to validate Scandinavian Brake Coefficient Of Variation, Variance and the relationship between Downside Deviation and Standard Deviation to decide if Scandinavian Brake stock performance from the past will be repeated at some point in the near future.
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Scandinavian Brake Risk-Adjusted Performance

Over the last 30 days Scandinavian Brake Systems AS has generated negative risk-adjusted returns adding no value to investors with long positions. Allthough conflicting performance in the last few months, the Stock's forward indicators remain quite persistent which may send shares a bit higher in May 2020. The existing mess may also be a sign of long standing up-swing for the corporation partners.
Quick Ratio0.60
Fifty Two Week Low8.15
Fifty Two Week High23.00

Scandinavian Brake Relative Risk vs. Return Landscape

If you would invest  1,750  in Scandinavian Brake Systems AS on March 9, 2020 and sell it today you would lose (450.00)  from holding Scandinavian Brake Systems AS or give up 25.71% of portfolio value over 30 days. Scandinavian Brake Systems AS is producing return of less than zero assuming 8.294% volatility of returns over the 30 days investment horizon. Simply put, 74% of all equities have less volatile historical return distribution than Scandinavian Brake and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
    
  Risk (%) 
Assuming 30 trading days horizon, Scandinavian Brake is expected to generate 2.06 times more return on investment than the market. However, the company is 2.06 times more volatile than its market benchmark. It trades about -0.03 of its potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of risk.

Scandinavian Brake Market Risk Analysis

Sharpe Ratio = -0.0272
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Scandinavian Brake Stock Performance Indicators

Estimated Market Risk
 8.29
  actual daily
 
 74 %
of total potential
 
7474
Expected Return
 -0.23
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.03
  actual daily
 
 0 %
of total potential
 
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Based on monthly moving average Scandinavian Brake is performing at about 0% 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 Scandinavian Brake by adding it to a well-diversified portfolio.

Scandinavian Brake Alerts

Equity Alerts and Improvement Suggestions

Scandinavian Brake generates negative expected return over the last 30 days
Scandinavian Brake has high historical volatility and very poor performance
Additionally, take a look at World Market Map. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.
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Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page