Candles Scandinavia (Sweden) Performance
| CANDLE-B | 21.90 0.20 0.92% |
On a scale of 0 to 100, Candles Scandinavia holds a performance score of 6. The firm shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Candles Scandinavia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Candles Scandinavia is expected to be smaller as well. Please check Candles Scandinavia's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Candles Scandinavia's price patterns will revert.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Candles Scandinavia AB are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak essential indicators, Candles Scandinavia sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 378.2 K | |
| Total Cashflows From Investing Activities | -3 M |
Candles |
Candles Scandinavia Relative Risk vs. Return Landscape
If you would invest 1,910 in Candles Scandinavia AB on September 9, 2024 and sell it today you would earn a total of 280.00 from holding Candles Scandinavia AB or generate 14.66% return on investment over 90 days. Candles Scandinavia AB is generating 0.2462% of daily returns and assumes 2.8357% volatility on return distribution over the 90 days horizon. Simply put, 25% of stocks are less volatile than Candles, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Candles Scandinavia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Candles Scandinavia's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Candles Scandinavia AB, and traders can use it to determine the average amount a Candles Scandinavia'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 = 0.0868
| Best Portfolio | Best Equity | |||
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| Small Returns | CANDLE-B | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.84 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Candles Scandinavia is performing at about 6% of its full potential. 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 Candles Scandinavia by adding it to a well-diversified portfolio.
Candles Scandinavia Fundamentals Growth
Candles Stock prices reflect investors' perceptions of the future prospects and financial health of Candles Scandinavia, and Candles Scandinavia 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 Candles Stock performance.
| Return On Equity | -0.0686 | |||
| Return On Asset | -0.0162 | |||
| Profit Margin | (0.02) % | |||
| Operating Margin | (0.02) % | |||
| Current Valuation | 525.74 M | |||
| Shares Outstanding | 8.65 M | |||
| Price To Book | 5.94 X | |||
| Price To Sales | 2.41 X | |||
| Revenue | 158.33 M | |||
| EBITDA | (12.73 M) | |||
| Total Debt | 1.87 M | |||
| Book Value Per Share | 10.14 X | |||
| Cash Flow From Operations | (34.67 M) | |||
| Earnings Per Share | (1.62) X | |||
| Total Asset | 98.73 M | |||
About Candles Scandinavia Performance
By analyzing Candles Scandinavia's fundamental ratios, stakeholders can gain valuable insights into Candles Scandinavia's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Candles Scandinavia has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Candles Scandinavia has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Candles Scandinavia performance evaluation
Checking the ongoing alerts about Candles Scandinavia for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Candles Scandinavia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Candles Scandinavia has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 158.33 M. Net Loss for the year was (12.68 M) with profit before overhead, payroll, taxes, and interest of 60.66 M. | |
| Candles Scandinavia generates negative cash flow from operations |
- Analyzing Candles Scandinavia'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 Candles Scandinavia's stock is overvalued or undervalued compared to its peers.
- Examining Candles Scandinavia'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 Candles Scandinavia's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Candles Scandinavia's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Candles Scandinavia's stock. These opinions can provide insight into Candles Scandinavia's potential for growth and whether the stock is currently undervalued or overvalued.
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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