Sdiptech Ab Stock Beta

SDIP-B Stock  SEK 232.60  1.20  0.51%   
Sdiptech AB fundamentals help investors to digest information that contributes to Sdiptech's financial success or failures. It also enables traders to predict the movement of Sdiptech Stock. The fundamental analysis module provides a way to measure Sdiptech's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sdiptech stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Sdiptech AB Company Beta Analysis

Sdiptech's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current Sdiptech Beta

    
  1.34  
Most of Sdiptech's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sdiptech AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, Sdiptech AB has a Beta of 1.3377. This is 2.36% lower than that of the Industrials sector and about the same as Infrastructure Operations (which currently averages 1.36) industry. The beta for all Sweden stocks is notably lower than that of the firm.

Sdiptech Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sdiptech's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sdiptech could also be used in its relative valuation, which is a method of valuing Sdiptech by comparing valuation metrics of similar companies.
Sdiptech is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sdiptech will likely underperform.

Sdiptech Fundamentals

About Sdiptech Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sdiptech AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sdiptech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sdiptech AB based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in Sdiptech Stock

Sdiptech financial ratios help investors to determine whether Sdiptech Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sdiptech with respect to the benefits of owning Sdiptech security.