Ab Skf Stock Analysis

SKFRY Pink Sheet Analysis Notes

The company has price-to-book ratio of 1.57. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. AB SKF has Price/Earnings To Growth (PEG) ratio of 2.31. The entity last dividend was issued on the 24th of March 2023. The firm had 4:1 split on the 17th of May 2005. AB SKF engages in the design, development, and manufacture of bearings, seals, lubrication systems, and services worldwide. AB SKF was founded in 1907 and is headquartered in Gothenburg, Sweden. Skf Ab operates under Tools Accessories classification in the United States and is traded on OTC Exchange. It employs 42885 people.The quote for AB SKF is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about AB SKF contact Rickard Gustafson at 46 3 13 37 10 00 or learn more at https://www.skf.com.

SKFRY Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.92 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AB SKF's market, we take the total number of its shares issued and multiply it by AB SKF's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

SKFRY Profitablity

The company has Profit Margin (PM) of 0.05 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average.

Technical Drivers

As of the 23rd of May, AB SKF owns the Standard Deviation of 1.48, coefficient of variation of 1392.83, and Market Risk Adjusted Performance of 0.0888. In connection with fundamental indicators, the technical analysis model gives you tools to check timely technical drivers of AB SKF, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for AB SKF, which can be compared to its peers in the sector. Please confirm AB SKF standard deviation, as well as the relationship between the value at risk and kurtosis to decide if AB SKF is priced fairly, providing market reflects its prevailing price of 21.79 per share. Given that AB SKF has jensen alpha of 0.0132, we suggest you to validate AB SKF's latest market performance to make sure the company can sustain itself sooner or later.

AB SKF Price Movement Analysis

AB SKF Predictive Daily Indicators

AB SKF Forecast Models

AB SKF's time-series forecasting models are one of many AB SKF's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary AB SKF's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how AB SKF prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling SKFRY shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as AB SKF. By using and applying SKFRY Pink Sheet analysis, traders can create a robust methodology for identifying SKFRY entry and exit points for their positions.

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When running AB SKF's price analysis, check to measure AB SKF'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 AB SKF is operating at the current time. Most of AB SKF's value examination focuses on studying past and present price action to predict the probability of AB SKF's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AB SKF's price. Additionally, you may evaluate how the addition of AB SKF to your portfolios can decrease your overall portfolio volatility.