Nobia AB (Sweden) Performance
| NOBI Stock | SEK 4.66 0.09 1.89% |
The company secures a Beta (Market Risk) of -4.19, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Nobia AB are expected to decrease by larger amounts. On the other hand, during market turmoil, Nobia AB is expected to outperform it. Nobia AB has an expected return of -0.71%. Please make sure to verify Nobia AB coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Nobia AB performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Nobia AB has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in June 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
| Begin Period Cash Flow | 635 M | |
| Total Cashflows From Investing Activities | -868 M |
Nobia |
Nobia AB Relative Risk vs. Return Landscape
If you would invest 999.00 in Nobia AB on February 5, 2024 and sell it today you would lose (533.00) from holding Nobia AB or give up 53.35% of portfolio value over 90 days. Nobia AB is generating negative expected returns and assumes 8.5404% volatility on return distribution over the 90 days horizon. Simply put, 75% of stocks are less volatile than Nobia, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Nobia AB Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nobia AB's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nobia AB, and traders can use it to determine the average amount a Nobia 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 = -0.0831
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| Negative Returns | NOBI |
Estimated Market Risk
| 8.54 actual daily | 75 75% of assets are less volatile |
Expected Return
| -0.71 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nobia 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 Nobia AB by adding Nobia AB to a well-diversified portfolio.
Nobia AB Fundamentals Growth
Nobia Stock prices reflect investors' perceptions of the future prospects and financial health of Nobia AB, and Nobia 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 Nobia Stock performance.
| Return On Equity | -4.0E-4 | |||
| Return On Asset | 0.0091 | |||
| Profit Margin | (0.0001) % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 7.14 B | |||
| Shares Outstanding | 168.32 M | |||
| Price To Earning | 14.47 X | |||
| Price To Book | 0.81 X | |||
| Price To Sales | 0.24 X | |||
| Revenue | 13.72 B | |||
| EBITDA | 1.81 B | |||
| Cash And Equivalents | 422 M | |||
| Cash Per Share | 0.75 X | |||
| Total Debt | 1.84 B | |||
| Debt To Equity | 104.40 % | |||
| Book Value Per Share | 28.02 X | |||
| Cash Flow From Operations | 1.54 B | |||
| Earnings Per Share | 1.84 X | |||
| Total Asset | 10.63 B | |||
| Retained Earnings | 2.48 B | |||
| Current Asset | 3.62 B | |||
| Current Liabilities | 2.52 B | |||
About Nobia AB Performance
To evaluate Nobia 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 Nobia 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 Nobia 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 Nobia AB market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Nobia'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.Nobia AB develops, manufactures, and sells kitchen solutions to consumer and professional customers. Nobia AB was founded in 1996 and is headquartered in Stockholm, Sweden. Nobia AB operates under Home Furnishings Fixtures classification in Sweden and is traded on Stockholm Stock Exchange. It employs 6172 people.Things to note about Nobia AB performance evaluation
Checking the ongoing alerts about Nobia AB for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nobia AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nobia AB generated a negative expected return over the last 90 days | |
| Nobia AB has high historical volatility and very poor performance | |
| Nobia AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 72.0% of the company shares are owned by institutional investors |
- Analyzing Nobia 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 Nobia AB's stock is overvalued or undervalued compared to its peers.
- Examining Nobia 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 Nobia AB's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nobia AB's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nobia AB's stock. These opinions can provide insight into Nobia AB's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nobia 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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Nobia Stock analysis
When running Nobia AB's price analysis, check to measure Nobia 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 Nobia AB is operating at the current time. Most of Nobia AB's value examination focuses on studying past and present price action to predict the probability of Nobia 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 Nobia AB's price. Additionally, you may evaluate how the addition of Nobia AB to your portfolios can decrease your overall portfolio volatility.
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