Spinnova Financials
| SPINN Stock | 1.03 0.03 2.83% |
Spinnova |
| Instrument | Finland Stock View All |
| Exchange | Helsinki Exchange |
| ISIN | FI4000507595 |
| Business Address | Palokarjentie 2-4, Jyvskyl, |
| Industry | Textile Manufacturing |
| Benchmark | Dow Jones Industrial |
| Website | www.spinnova.com |
| Phone | 358 2070 32430 |
You should never invest in Spinnova without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Spinnova Stock, because this is throwing your money away. Analyzing the key information contained in Spinnova's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Spinnova Key Financial Ratios
Spinnova's financial ratios allow both analysts and investors to convert raw data from Spinnova's financial statements into concise, actionable information that can be used to evaluate the performance of Spinnova over time and compare it to other companies across industries.Spinnova Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Spinnova's current stock value. Our valuation model uses many indicators to compare Spinnova value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spinnova competition to find correlations between indicators driving Spinnova's intrinsic value. More Info.Spinnova Oy is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top 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 Spinnova by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Spinnova'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.Spinnova Oy Systematic Risk
Spinnova's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Spinnova 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 thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Spinnova Oy correlated with the market. If Beta is less than 0 Spinnova generally moves in the opposite direction as compared to the market. If Spinnova Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Spinnova Oy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Spinnova is generally in the same direction as the market. If Beta > 1 Spinnova moves generally in the same direction as, but more than the movement of the benchmark.
Spinnova December 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Spinnova help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Spinnova Oy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Spinnova Oy based on widely used predictive technical indicators. In general, we focus on analyzing Spinnova Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Spinnova's daily price indicators and compare them against related drivers.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 20.48 | |||
| Value At Risk | (7.02) | |||
| Potential Upside | 4.21 |
Complementary Tools for Spinnova Stock analysis
When running Spinnova's price analysis, check to measure Spinnova'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 Spinnova is operating at the current time. Most of Spinnova's value examination focuses on studying past and present price action to predict the probability of Spinnova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spinnova's price. Additionally, you may evaluate how the addition of Spinnova to your portfolios can decrease your overall portfolio volatility.
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