Troax Group (Sweden) Performance
| TROAX Stock | SEK 208.50 1.50 0.71% |
The entity has a beta of 0.95, which indicates possible diversification benefits within a given portfolio. Troax Group returns are very sensitive to returns on the market. As the market goes up or down, Troax Group is expected to follow. At this point, Troax Group AB has a negative expected return of -0.0702%. Please make sure to validate Troax Group's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Troax Group AB performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Troax Group AB has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Troax Group is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 32.5 M | |
| Total Cashflows From Investing Activities | -14.6 M |
Troax |
Troax Group Relative Risk vs. Return Landscape
If you would invest 22,200 in Troax Group AB on August 31, 2024 and sell it today you would lose (1,200) from holding Troax Group AB or give up 5.41% of portfolio value over 90 days. Troax Group AB is generating negative expected returns and assumes 1.8379% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Troax, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Troax Group Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Troax Group's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Troax Group AB, and traders can use it to determine the average amount a Troax Group'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 = -0.0382
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TROAX |
Estimated Market Risk
| 1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Troax Group is not performing at its full potential. However, 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 Troax Group by adding Troax Group to a well-diversified portfolio.
Troax Group Fundamentals Growth
Troax Stock prices reflect investors' perceptions of the future prospects and financial health of Troax Group, and Troax Group 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 Troax Stock performance.
| Return On Equity | 0.25 | |||
| Return On Asset | 0.11 | |||
| Profit Margin | 0.13 % | |||
| Operating Margin | 0.17 % | |||
| Current Valuation | 12.76 B | |||
| Shares Outstanding | 59.87 M | |||
| Price To Earning | 776.29 X | |||
| Price To Book | 6.84 X | |||
| Price To Sales | 39.29 X | |||
| Revenue | 252.28 M | |||
| EBITDA | 62.29 M | |||
| Cash And Equivalents | 35.19 M | |||
| Cash Per Share | 0.38 X | |||
| Total Debt | 82.32 M | |||
| Debt To Equity | 0.25 % | |||
| Book Value Per Share | 2.58 X | |||
| Cash Flow From Operations | 32.17 M | |||
| Earnings Per Share | 7.15 X | |||
| Total Asset | 291.32 M | |||
| Current Asset | 43 M | |||
| Current Liabilities | 18 M | |||
About Troax Group Performance
Assessing Troax Group's fundamental ratios provides investors with valuable insights into Troax Group's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Troax Group is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Troax Group AB , through its subsidiaries, produces and sells mesh panels in the Nordic region, the United Kingdom, North America, Continental Europe, and internationally. Troax Group AB was founded in 1955 and is headquartered in Hillerstorp, Sweden. Troax Group operates under Specialty Industrial Machinery classification in Sweden and is traded on Stockholm Stock Exchange. It employs 1055 people.Things to note about Troax Group AB performance evaluation
Checking the ongoing alerts about Troax Group for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Troax Group AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Troax Group AB generated a negative expected return over the last 90 days | |
| Troax Group AB has accumulated 82.32 M in total debt with debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from borrowing. Troax Group AB has a current ratio of 0.93, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Troax Group until it has trouble settling it off, either with new capital or with free cash flow. So, Troax Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Troax Group AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Troax to invest in growth at high rates of return. When we think about Troax Group's use of debt, we should always consider it together with cash and equity. | |
| About 74.0% of Troax Group shares are owned by institutional investors |
- Analyzing Troax Group'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 Troax Group's stock is overvalued or undervalued compared to its peers.
- Examining Troax Group'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 Troax Group's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Troax Group's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Troax Group's stock. These opinions can provide insight into Troax Group's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Troax Stock Analysis
When running Troax Group's price analysis, check to measure Troax Group'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 Troax Group is operating at the current time. Most of Troax Group's value examination focuses on studying past and present price action to predict the probability of Troax Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Troax Group's price. Additionally, you may evaluate how the addition of Troax Group to your portfolios can decrease your overall portfolio volatility.