Volvo B (VOLVB.ST)

Cours de clôture: 266.20 (-1.50), 23. dec 2024
Complete report

Algorithmic Overall Analysis

Conclusion légčrement positive (Score: 32)


23. dec 2024. Updated daily.

Analyst's Recommendation

Positif


7. nov 2024. 48 jours depuis.

Analyses


Court

Moyen

Long

Général

Insider

Bas risk

Risque de liquidité: BasRisque de volatilité: Bas

Investor Psychology - Behavioural Finance - Quantitative Analysis - Scientific Methods

Technical Analysis - Insider Trades - Seasonal Variations - Intraday Trading

Stock data

Période  
Vol.bal. Volatilité Liquidité +/- %
1 jour-0.95%500.89-0.56%
5 jours-47.813.18%767.31-3.16%
22 jours-7.008.50%769.02-1.19%
66 jours13.9616.29%749.54+1.80%
Price date23. dec 2024
CurrencySEK
ISINSE0000115446
Rise from year low14.89%
Fall from year high-11.34%


Automatic technical analysis. Court terme

chart Volvo B (VOLVB) Court terme

Court terme

Volvo B a débordé du canal haussier ā la baisse. Cela indique dans un premier temps, un taux de croissance plus faible ou le début d'un développement plus horizontal. L'action teste le support ā environ 265 kronor, ce qui peut résulter en un rebond. L'action est considéré comme légčrement positif technique pour court terme.

Recommendation one to six weeks: Conclusion légčrement positive (Score: 46)

Automatic technical analysis. Moyen terme

chart Volvo B (VOLVB) Moyen terme

Moyen terme

Volvo B fluctue dans un canal presque horizontal et un développement dans la męme direction est indiqué. L'action a franchi le support ā environ 273 kronor et une poursuite de la baisse est annoncée. L'action est considéré comme negatif technique pour moyen long terme.

Recommendation one to six months: Négatif (Score: -77)

Automatic technical analysis. Long terme

chart Volvo B (VOLVB) Long terme

Long terme

Volvo B a débordé du canal haussier ā la baisse. Cela indique dans un premier temps, un taux de croissance plus faible ou le début d'un développement plus horizontal. L'action rencontre du support ā environ 180 kronor et de la résistance ā environ 300 kronor. L'action est considéré comme légčrement positif technique pour long terme.

Recommendation one to six quarters: Conclusion légčrement positive (Score: 33)

Max

chart Volvo B (VOLVB) Max

Candlesticks 95 days

chart Volvo B (VOLVB) chart0

Candlesticks 22 days

chart Volvo B (VOLVB) chart0

Transactions Inside

chart Volvo B (VOLVB) Insider trades reported last 18 months

Insider trades reported last 18 months. The stock is positive on Insider Trades.

 List date Trade date Nombre Cours Valeur de marché Texte Importance 
 28. nov 2024 27. nov 2024 1000000 267.70 267695 Tore Browaldhs Stiftelse v/Pär Boman (styrelseledamot) köper 1000000 100 
 21. nov 2024 21. nov 2024 1500000 265.40 398100 Aktiebolaget Industrivärden v/Helena Stjernholm (styrelseledamot) köper 1500000 100 
 4. nov 2024 31. oct 2024 10000 277.84 2778 Melker Jernberg (annan medlem i bolagets administrations-, lednings- eller kontrollorgan) säljer 10000 -100 
 22. oct 2024 18. oct 2024 4500 267.90 1205 Scott Rafkin (annan medlem i bolagets administrations-, lednings- eller kontrollorgan) säljer 4500 -100 
 29. aoû 2024 28. aoû 2024 1000000 268.10 268100 Aktiebolaget Industrivärden v/Helena Stjernholm (styrelseledamot) köper 1000000 100 
 30. avr 2024 29. avr 2024 5500 281.70 1549 Stephen Roy (annan medlem i bolagets administrations-, lednings- eller kontrollorgan) säljer 5500 -100 
 22. avr 2024 19. avr 2024 250 275.00 68 Dödsboet efter GA v/Lars Ask (arbetstagarrepresentant i styrelsen eller arbetstagarsuppleant) säljer 250 -37 
 22. avr 2024 22. avr 2024 3200 279.80 895 Kurt Åke Jofs (styrelseledamot) köper 3200 100 
 19. avr 2024 19. avr 2024 2000000 285.90 571800 Aktiebolaget Industrivärden v/Helena Stjernholm (styrelseledamot) köper 2000000 100 
 27. fév 2024 23. fév 2024 2000 281.05 562 Martina Merz (styrelseledamot) köper 2000 100 
 8. fév 2024 7. fév 2024 10500 258.35 2712 Scott Rafkin (annan medlem i bolagets administrations-, lednings- eller kontrollorgan) säljer 10500 -100 
 7. fév 2024 6. fév 2024 1200000 256.00 307200 Aktiebolaget Industrivärden v/Helena Stjernholm (styrelseledamot) köper 1200000 100 
 28. nov 2023 27. nov 2023 1000000 241.15 241150 Aktiebolaget Industrivärden v/Helena Stjernholm (styrelseledamot) köper 1000000 100 
 28. aoû 2023 25. aoû 2023 1500 202.25 303 Volker Hansonis v/Andrea Marianne Fuder (styrelseledamot) köper 1500 99 
 25. jul 2023 24. jul 2023 1800000 226.84 408312 Aktiebolaget Industrivärden v/Helena Stjernholm (styrelseledamot) köper 1800000 100 

Commentaires

chart Volvo B (VOLVB) Moyen terme

Automatic technical analysis of the stock, based on last closing price. The chart may have changed since the analyst's recommendation was written.

Bas risk

Risque de liquidité: BasRisque de volatilité: Bas

Analyst's Recommendation

7. nov 2024 (48 jours depuis)
Lars-Göran Westerberg
lars.goran.westerberg@investtech.com

Recommendation one to six months: Positif

Lars-Göran Westerberg, 7. nov 2024 (cours 278.40)

Volvos B-aktie har haft det motigt på börsen efter att ha toppat nära 300 kronor i mars. Investtechs algoritmer har identifierat en svagt fallande trend i kursdiagrammet på medellång sikt. Den tekniska bilden har dock stärkts ordentligt efter att aktien klättrat uppåt från stödet vid 248 kronor i början av september. Högre bottnar har noterats, och aktien har fortsatt sin resa uppåt efter rapportsläppet den 18 oktober. Detta har gjort att den fallande trenden brutits, liksom motståndet vid 273 kronor, som nu utgör stöd. Aktien har även fått köpsignal från kursformation (omvänd huvud-skuldra, IHS). Den gröna pilen visar förväntad kursuppgång enligt teknisk analysteori. I detta fall signaleras en uppgång mot 300 kronor, vilket också är en motståndsnivå på lång sikt. Ett brott genom denna nivå skulle utlösa ny köpsignal.
Volvo B är maximalt negativ i Investtechs insideranalys efter insidersälj i anslutning till rapportsläppet, vilket är en negativ faktor i den sammanvägda bedömningen och innebär att risken i aktien kan anses förhöjd. De tekniska signalerna är dock så pass starka att aktien sammantaget är tekniskt positiv på medellång sikt (1–6 månader). Närheten till främst stödnivån runt 273 kronor gör dock att den tekniska bilden, och därmed rekommendationen för aktien, snabbt kan förändras. En etablering över 273 kronor skulle stärka aktien ytterligare.
Recommendation one to six months: Positif

Published: Rapport du jour (7. nov 2024 09:07) [LGW]

 

The analysis is written by Investtech's analyst on the given date based on the price charts of this date. The analysis is meant to be valid for a few weeks, up to a few months. Later price developments may indicate changes in the market and investor optimism, and render the analysis outdated. Investtech's automatic analyses, updated daily, will often reflect such changes.


Période  
Vol.bal. Volatilité Liquidité +/- %
1 jour-0.95%500.89-0.56%
5 jours-47.813.18%767.31-3.16%
22 jours-7.008.50%769.02-1.19%
66 jours13.9616.29%749.54+1.80%

Previous recommendations

Lars-Göran Westerberg, 12. sep 2024 (cours 249.90)

Volvos B-aktie har haft det motigt på börsen efter att ha toppat intill 300 kronor i mars. Trendbilden är positiv på medellång sikt men aktien försvagas efter att successivt ha klättrat nedåt och brutit stödet vid 273 kronor. 250-kronorsnivån testas, en etablering under denna skulle försvaga aktien ytterligare. På uppsidan har vi i första hand motståndet vid 263 kronor att förhålla oss till. Brott genom detta skulle stärka den tekniska bilden.
Volvo är positiv på insiderhandel och samlat sett teknisk neutral på medellång sikt. Närheten till främst stödet runt 250 kronor gör dock att den tekniska bilden, och med det rekommendationen för aktien, snabbt kan ändras vid fortsatt nedgång.

Recommendation one to six months: A surveiller
Published: Rapport du jour (12. sep 2024 08:51) [LGW]

Lars-Göran Westerberg, 16. fév 2024 (cours 269.25)

Köpsignal i stigande trend Volvo har en lång period av positiv utveckling bakom sig. Investtechs algoritmer har identifierat en stigande trend som sträcker sig ända till hösten 2022. Den goda optimismen bland investerarna syns också i ett stark momentum, indikerat av ett 21-dagars RSI på 73. Aktien har fått köpsignal efter att ha brutit den tidigare toppnoteringen runt 262 kronor. Aktien handlas till alltime high-nivåer vilket gör att motstånd ovanför dagens kurs saknas. 246-262 kronor är stöd vid reaktion ned.
Aktien är neutral på insiderhandel och tekniskt positiv på medellång sikt.

Recommendation one to six months: Positif
Published: Rapport du jour (16. fév 2024 00:02), Cas du jour (16. fév 2024 00:02) [LGW]

Analysts' recommendations last 18 months

chart Analysts' recommendations last 18 months
 Positif/Conclusion légčrement positive
 A surveiller
 Négatif/Conclusion légčrement négative
History of Investtech's analysts' analyses of the stock. Analyses are shown by coloured dots on the day the analysis was based on.
ÉvaluationHorizon de tempsCoursPublishedAnalyst
PositifMoyen terme278.40       7. nov 2024 09:07, Rapport du jourLGW
A surveillerMoyen terme249.90       12. sep 2024 08:51, Rapport du jourLGW
PositifMoyen terme269.25       16. fév 2024 00:02, Rapport du jour, Cas du jourLGW
PositifMoyen terme259.20       8. fév 2024 09:20, Nordic Top 10EG
PositifMoyen terme255.45       4. jan 2024 10:32, Nordic Top 10EG
PositifMoyen terme253.00       14. dec 2023 08:41, Nordic Top 10EG
PositifMoyen terme252.00       7. dec 2023 08:45, Nordic Top 10EG
PositifMoyen terme242.20       30. nov 2023 08:34, Nordic Top 10EG
PositifMoyen terme236.95       23. nov 2023 08:25, Nordic Top 10EG
PositifMoyen terme233.00       16. nov 2023 09:32, Nordic Top 10EG
PositifMoyen terme221.95       10. oct 2023 08:16, Rapport du jour, Cas du jourDO
PositifMoyen terme222.55       23. aoû 2023 23:14, Rapport du jour, Cas du jourDO
PositifMoyen terme230.20       3. aoû 2023 08:38, Nordic Top 10EG
PositifMoyen terme220.15       5. jul 2023 00:30, Rapport du jour, Cas du jourLGW

DO: David Östblad (Analytiker)

EG: Espen Grønstad (Senior rådgiver)

LGW: Lars-Göran Westerberg (Analytiker)

Seasonal variations

Seasonal prediction from today's date

chart Seasonal prediction from today's date
The blue line shows average price development the past 10 years, in the period from three months before to six months after today's date. The black line is actual price development in the past three months. Shaded areas are one and two standard deviations.

Monthly and annual statistics

chart Average development per month, last 10 years

Average development per month, last 10 years
chart Average development throughout the year, last 10 years

Average development throughout the year, last 10 years

Annual development from 2015 to 2024

chart 2015
2015
chart 2016
2016
chart 2017
2017
chart 2018
2018
chart 2019
2019
chart 2020
2020
chart 2021
2021
chart 2022
2022
chart 2023
2023
chart 2024
2024

Signal précurs.

Cours de clôture, qui en cas de franchissement, déclenche des nouveaux signaux  
IndicateurCoursObjectif
RSI élevé303.83-
Trading Range court terme287.90-
Last close266.20-
Trading Range long terme264.40-
RSI bas240.23-
Moyenne mobile194.46-
Indicateur:Type d'indicateur ayant déclenché le signal
Cours:Si le cours de clôture franchit ce niveau, un nouveaux signal technique sera déclenché.
Objectif:Objectif du cours selon le signal donné (Seulement ceux donnés par des formations graphiques

Alertes

Aucune alerte

Key ratios

 

Dividend yield: 6.8%

chart Volvo B - Dividend yield

P/E: 10.4

chart Volvo B - P/E

P/S: 1.0

chart Volvo B - P/S

P/B: 3.0

chart Volvo B - P/B

Dividend per share: 18.00

chart Volvo B - Dividend per share

Earnings per share: 25.50

chart Volvo B - Earnings per share

Revenue per share: 263.85

chart Volvo B - Revenue per share

Book value per share: 88.13

chart Volvo B - Book value per share

Market cap million SEK: 541 305.


De siste nøkkeltallene er beregnet ut fra de fire siste kvartalsrapportene og sluttkurs 266.20 fra 23. dec 2024.


Financial data

MSEK201520162017201820192020202120222023Q3-24
Revenues312 515301 914334 748390 834431 980338 446372 216473 479552 764536 522
Profit for the year15 09913 22321 28325 36336 49520 07433 24332 96949 93251 845
Profit margin4.8 %4.4 %6.4 %6.5 %8.4 %5.9 %8.9 %7.0 %9.0 %9.7 %
Book value83 80996 061107 070123 379138 595145 295141 045162 717177 791179 209
Equity ratio22.9 %24.5 %26.4 %26.5 %27.0 %29.0 %27.9 %26.4 %26.8 %27.1 %
Revenue per share153.95148.73164.90192.53212.80166.72183.09232.90271.84263.85
Book value per share41.2947.3252.7460.7868.2771.5769.3880.0487.4388.13
Earnings per share7.436.5010.4712.4717.959.8716.3516.2124.5625.50
Dividend per share2.993.244.249.985.4914.9713.0014.0018.0018.00
Dividend payout40 %50 %40 %80 %31 %151 %79 %86 %73 %71 %


Dividend yield

chart Volvo B - Dividend yield
Dividend yield is the company's share dividend in relation to the share price. It is a measure of return to shareholders. Dividend yield is calculated as Dividend per share/Share price.

Dividend yield for VOLVB is 6.8%.


P/E - price/earnings

chart Volvo B - P/E
P/E stands for Price/Earnings, that is, share price in relation to the earnings per share. The key figures are used when assessing a share price in relation to the company's profit. Example: A P/E number of 10 means that the share costs 10 times the company's annual profit. P/E is calculated as Share price/Earnings after tax per share.

P/E for VOLVB is 10.4.


P/S - price/sales

chart Volvo B - P/S
P/S stands for Price/Sales, that is price relative to sales. The key figures are used when evaluating a share price in relation to the company's sales. Example: A P/S number of 2.0 means that the stock costs 2.0 times the company's annual turnover. P/S is calculated as Share price/Revenue per share.

P/S for VOLVB is 1.0.


P/B - price/book

chart Volvo B - P/B
P/B stands for Price/BookValue, that is price relative to equity. The key figures are used when evaluating a share price in relation to book equity. Example: A P/B figure of 1.8 means that the share costs 1.8 times the company's equity. P/B is calculated as Share price/Equity per share

P/B for VOLVB is 3.0.

Help and information - Research shows the importance of Trend, Momentum and Volume

Investtech’s analyses focus on a stock’s trend status, short term momentum and volume development. These are central topics of technical analysis theory that describe changes in investor optimism or fluctuations in a company’s financial development. However, Investtech’s strong focus on these elements is due to research results that clearly indicate causation between these factors and future return on the stock market.

Trend

Rising trend
Theory: Stocks in rising trends will continue to rise.

Psychology/economy: Rising trends indicate that the company experiences positive development and increasing buy interest among investors. Read more

Research: Stocks in rising trend channels in Investtech’s medium long term charts have been followed by an annualized excess return of 7.8 percentage points compared to average benchmark development. This is shown by Investtech’s research into 34,880 cases of stocks in rising trends on the Nordic Stock Exchanges in the period 1996 to 2015.
Read more about the research results here

 

Momentum


Theory: Stocks with rising short term momentum will continue to rise. Stocks with very strong momentum (overbought) will react backwards.

Psychology/economy: RSI above 70 shows strong positive momentum. The stock has risen in the short term without any significant reactions downwards. Investors have kept paying more to buy stocks. This indicates that more investors want to buy the stock and that the price will continue to rise. Read more

Research: Stocks with strong momentum have on average continued to rise, and more so than the average stock listed on the Exchange. This is shown by Investtech’s research into 24,208 cases of stocks on the Nordic Stock Exchanges in the period 1996 to 2015 where RSI went above 70 points, indicating strong and increasing short term momentum. On average, annualized, the stocks rose the equivalent of 11.4 percentage points more than the average stock.
Read the research report here

 

Volume


Theory: Rising prices on high volume and falling prices on low volume indicate strength in a stock. Volume can confirm a rising trend or signal that a falling trend is ending.

Psychology/economy: When investors very much want to buy a stock, they have to increase the price to find new sellers. Rising price on high volume shows that some investors are so aggressive that they push the price up to be able to buy the stock. Investtech’s Volume Balance tool measures the relation between price rise and volume and measures investor aggression at rising and falling prices. Read more

Research: Stocks with volume balance above 40 have been followed by an average annual return of 4.7 percentage points on the Nordic Stock Exchanges, shown by research conducted by Investtech into 24,580 cases.
Read the research report here

 

Investtech's analyses

Investtech has combined theory, psychology and research into powerful investment tools.


Read more.

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Investor Psychology - Behavioural Finance - Quantitative Analysis - Scientific Methods

Technical Analysis - Insider Trades - Seasonal Variations - Intraday Trading







 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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