Candles Scandinavia Financials
| CANDLE-B | 21.90 0.20 0.92% |
Candles |
Understanding current and past Candles Scandinavia Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Candles Scandinavia's financial statements are interrelated, with each one affecting the others. For example, an increase in Candles Scandinavia's assets may result in an increase in income on the income statement.
Please note, the presentation of Candles Scandinavia's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Candles Scandinavia's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Candles Scandinavia's management manipulating its earnings.
| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | SE0016797773 |
| Business Address | CV-gatan 38B, rebro, |
| Sector | Consumer Defensive |
| Industry | Household & Personal Products |
| Benchmark | Dow Jones Industrial |
| Website | www.candles.se |
| Phone | 46 19 23 53 63 |
You should never invest in Candles Scandinavia without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Candles Stock, because this is throwing your money away. Analyzing the key information contained in Candles Scandinavia's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Candles Scandinavia Key Financial Ratios
Candles Scandinavia's financial ratios allow both analysts and investors to convert raw data from Candles Scandinavia's financial statements into concise, actionable information that can be used to evaluate the performance of Candles Scandinavia over time and compare it to other companies across industries.Candles Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Candles Scandinavia's current stock value. Our valuation model uses many indicators to compare Candles Scandinavia value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Candles Scandinavia competition to find correlations between indicators driving Candles Scandinavia's intrinsic value. More Info.Candles Scandinavia AB is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Candles Scandinavia by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Candles Scandinavia's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Candles Scandinavia Systematic Risk
Candles Scandinavia's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Candles Scandinavia volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Candles Scandinavia correlated with the market. If Beta is less than 0 Candles Scandinavia generally moves in the opposite direction as compared to the market. If Candles Scandinavia Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Candles Scandinavia is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Candles Scandinavia is generally in the same direction as the market. If Beta > 1 Candles Scandinavia moves generally in the same direction as, but more than the movement of the benchmark.
Candles Scandinavia December 6, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Candles Scandinavia help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Candles Scandinavia AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Candles Scandinavia AB based on widely used predictive technical indicators. In general, we focus on analyzing Candles Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Candles Scandinavia's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.62 | |||
| Information Ratio | 0.0172 | |||
| Maximum Drawdown | 14.74 | |||
| Value At Risk | (3.86) | |||
| Potential Upside | 4.63 |
Complementary Tools for Candles Stock analysis
When running Candles Scandinavia's price analysis, check to measure Candles Scandinavia'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 Candles Scandinavia is operating at the current time. Most of Candles Scandinavia's value examination focuses on studying past and present price action to predict the probability of Candles Scandinavia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Candles Scandinavia's price. Additionally, you may evaluate how the addition of Candles Scandinavia to your portfolios can decrease your overall portfolio volatility.
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