Lidds AB EBITDA vs. Beta
| LIDDS Stock | SEK 0.17 0.01 6.25% |
For Lidds AB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lidds AB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lidds AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lidds AB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lidds AB over time as well as its relative position and ranking within its peers.
Lidds |
Lidds AB Beta vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Lidds AB's current stock value. Our valuation model uses many indicators to compare Lidds AB value to that of its competitors to determine the firm's financial worth. Lidds AB is currently regarded as number one stock in ebitda category among related companies. It is currently regarded as number one stock in beta category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Lidds AB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Lidds AB'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. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Lidds AB's earnings, one of the primary drivers of an investment's value.Lidds Beta vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Lidds AB |
| = | (36.81 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
Lidds AB |
| = | 0.38 |
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.
Lidds Beta Comparison
Lidds AB is currently under evaluation in beta category among related companies.
Beta Analysis
As returns on the market increase, Lidds AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lidds AB is expected to be smaller as well.
Lidds AB Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Lidds AB, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lidds AB will eventually generate negative long term returns. The profitability progress is the general direction of Lidds AB's change in net profit over the period of time. It can combine multiple indicators of Lidds AB, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
LIDDS AB develops and sells pharmaceutical products for cancer and other diseases worldwide. It is developing various drugs, such as NZ-2HOF to treat prostate cancer NZ-DTX for lung cancer and solid tumors NZ-DOX for solid tumors NZ-IO, an antibody-based immunotherapy NZ-STING for immuno-oncology and NZ-BELINA for breast cancer. LIDDS AB operates under Pharmaceuticals And Biosciences classification in Sweden and is traded on Stockholm Stock Exchange.
Lidds Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Lidds AB. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Lidds AB position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Lidds AB's important profitability drivers and their relationship over time.
Use Lidds AB in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lidds AB position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lidds AB will appreciate offsetting losses from the drop in the long position's value.Lidds AB Pair Trading
Lidds AB Pair Trading Analysis
The ability to find closely correlated positions to Lidds AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lidds AB when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lidds AB - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lidds AB to buy it.
The correlation of Lidds AB is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lidds AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lidds AB moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lidds AB can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Lidds AB position
In addition to having Lidds AB in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Correlation Analysis. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Lidds Stock analysis
When running Lidds AB's price analysis, check to measure Lidds AB'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 Lidds AB is operating at the current time. Most of Lidds AB's value examination focuses on studying past and present price action to predict the probability of Lidds AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lidds AB's price. Additionally, you may evaluate how the addition of Lidds AB to your portfolios can decrease your overall portfolio volatility.
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To fully project Lidds AB's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Lidds AB at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Lidds AB's income statement, its balance sheet, and the statement of cash flows.