Ssab Ab Stock Performance
| SSAAF Stock | USD 6.10 0.20 3.39% |
The entity owns a Beta (Systematic Risk) of 0.0398, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SSAB AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding SSAB AB is expected to be smaller as well. SSAB AB has an expected return of -0.33%. Please make sure to validate SSAB AB variance, kurtosis, period momentum indicator, as well as the relationship between the total risk alpha and day median price , to decide if SSAB AB performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days SSAB AB has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in May 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 7.1 B | |
| Total Cashflows From Investing Activities | -2.3 B |
SSAB |
SSAB AB Relative Risk vs. Return Landscape
If you would invest 777.00 in SSAB AB on January 25, 2024 and sell it today you would lose (167.00) from holding SSAB AB or give up 21.49% of portfolio value over 90 days. SSAB AB is currently producing negative expected returns and takes up 3.2307% volatility of returns over 90 trading days. Put another way, 28% of traded pink sheets are less volatile than SSAB, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
SSAB AB Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SSAB AB's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as SSAB AB, and traders can use it to determine the average amount a SSAB AB'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 = -0.102
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| Negative Returns | SSAAF |
Estimated Market Risk
| 3.23 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.33 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SSAB AB is not performing at its full potential. However, 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 SSAB AB by adding SSAB AB to a well-diversified portfolio.
SSAB AB Fundamentals Growth
SSAB Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of SSAB AB, and SSAB AB 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 SSAB Pink Sheet performance.
| Return On Equity | -0.15 | |||
| Return On Asset | -0.0247 | |||
| Profit Margin | (0.08) % | |||
| Current Valuation | 4.98 B | |||
| Shares Outstanding | 304.18 M | |||
| Price To Earning | 2.05 X | |||
| Price To Book | 0.61 X | |||
| Price To Sales | 0.50 X | |||
| Revenue | 95.89 B | |||
| EBITDA | 22.14 B | |||
| Cash And Equivalents | 434.86 M | |||
| Cash Per Share | 0.42 X | |||
| Total Debt | 8.49 B | |||
| Debt To Equity | 0.12 % | |||
| Book Value Per Share | 6.04 X | |||
| Cash Flow From Operations | 14.87 B | |||
| Earnings Per Share | 2.30 X | |||
| Total Asset | 112.02 B | |||
| Retained Earnings | 16.64 B | |||
| Current Asset | 28.26 B | |||
| Current Liabilities | 12.71 B | |||
About SSAB AB Performance
To evaluate SSAB AB Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when SSAB AB 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 SSAB Pink Sheet'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 SSAB AB market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents SSAB'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.SSAB AB produces and sells steel products in the United States, Sweden, Finland, Germany, Denmark, and internationally. SSAB AB was founded in 1878 and is headquartered in Stockholm, Sweden. Ssab Swedish operates under Steel classification in the United States and is traded on OTC Exchange. It employs 14656 people.Things to note about SSAB AB performance evaluation
Checking the ongoing alerts about SSAB AB for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for SSAB AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SSAB AB generated a negative expected return over the last 90 days | |
| SSAB AB has high historical volatility and very poor performance | |
| About 28.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing SSAB AB'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 SSAB AB's stock is overvalued or undervalued compared to its peers.
- Examining SSAB AB'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 SSAB AB's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SSAB AB's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SSAB AB's pink sheet. These opinions can provide insight into SSAB AB's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SSAB 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 nation. Note that the SSAB AB information on this page should be used as a complementary analysis to other SSAB AB's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for SSAB Pink Sheet analysis
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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