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Afarak Group Oyj
Buy, Hold or Sell?

Let's analyse Afarak together

PenkeI guess you are interested in Afarak Group Oyj. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Afarak Group Oyj. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Afarak (30 sec.)










What can you expect buying and holding a share of Afarak? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
€0.40
Expected worth in 1 year
€1.34
How sure are you?
30.0%

+ What do you gain per year?

Total Gains per Share
€0.94
Return On Investment
254.1%

For what price can you sell your share?

Current Price per Share
€0.37
Expected price per share
€0.33 - €0.41
How sure are you?
50%

1. Valuation of Afarak (5 min.)




Live pricePrice per Share (EOD)

€0.37

Intrinsic Value Per Share

€0.50 - €2.34

Total Value Per Share

€0.90 - €2.74

2. Growth of Afarak (5 min.)




Is Afarak growing?

Current yearPrevious yearGrowGrow %
How rich?$113.3m$46.9m$66.3m58.5%

How much money is Afarak making?

Current yearPrevious yearGrowGrow %
Making money$51.6m$659.8k$50.9m98.7%
Net Profit Margin24.0%0.8%--

How much money comes from the company's main activities?

3. Financial Health of Afarak (5 min.)




4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#162 / 897

Most Revenue
#92 / 897

Most Profit
#43 / 897

What can you expect buying and holding a share of Afarak? (5 min.)

Welcome investor! Afarak's management wants to use your money to grow the business. In return you get a share of Afarak.

What can you expect buying and holding a share of Afarak?

First you should know what it really means to hold a share of Afarak. And how you can make/lose money.

Speculation

The Price per Share of Afarak is €0.37. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Afarak.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Afarak, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €0.40. Based on the TTM, the Book Value Change Per Share is €0.24 per quarter. Based on the YOY, the Book Value Change Per Share is €0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Afarak.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.2053.4%0.2053.4%0.0410.3%-0.03-8.2%-0.01-2.8%
Usd Book Value Change Per Share0.2568.7%0.2568.7%0.014.0%-0.06-15.1%-0.05-12.8%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.2568.7%0.2568.7%0.014.0%-0.06-15.1%-0.05-12.8%
Usd Price Per Share0.38-0.38-0.15-0.43-0.50-
Price to Earnings Ratio1.93-1.93-3.87--2.09--23.54-
Price-to-Total Gains Ratio1.50-1.50-9.87--0.19--4.07-
Price to Book Ratio0.88-0.88-0.82-1.26-1.02-
Price-to-Total Gains Ratio1.50-1.50-9.87--0.19--4.07-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.400229
Number of shares2498
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.25-0.06
Usd Total Gains Per Share0.25-0.06
Gains per Quarter (2498 shares)635.12-139.92
Gains per Year (2498 shares)2,540.50-559.70
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10254025300-560-570
20508150700-1119-1130
30762176100-1679-1690
4010162101500-2239-2250
5012702126900-2798-2810
6015243152300-3358-3370
7017783177700-3918-3930
8020324203100-4478-4490
9022864228500-5037-5050
10025405253900-5597-5610

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%5.05.00.050.0%10.08.05.043.5%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%3.07.00.030.0%9.014.00.039.1%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%5.00.018.021.7%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%3.07.00.030.0%10.013.00.043.5%

Fundamentals of Afarak

About Afarak Group Oyj

Afarak Group SE extract, process, market, and trade specialised metals worldwide. It operates through two segments, FerroAlloys and Speciality Alloys. The Ferro Alloys segment produces vlakpoort, stellite, mecklenburg, and zeerust mine. The specialty alloys segment offers low ferrochrome, extra low carbon ferrochrome and high chrome ferrochrome. The company also provides chrome ore, stainless steel alloy, plasma ferrochrome, and silico manganese. It sells its products to stainless steel and steel, automotive, aerospace, and power generation industries. Afarak Group SE is based in Helsinki, Finland. Afarak Group SE operates as a subsidiary of Skandinaviska Enskilda Banken AB (publ).

Fundamental data was last updated by Penke on 2024-03-28 11:40:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is very efficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Afarak Group Oyj.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Afarak earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Afarak to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of 24.0% means that €0.24 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Afarak Group Oyj:

  • The MRQ is 24.0%. The company is making a huge profit. +2
  • The TTM is 24.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ24.0%TTM24.0%0.0%
TTM24.0%YOY0.8%+23.3%
TTM24.0%5Y-11.0%+35.0%
5Y-11.0%10Y-4.9%-6.1%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ24.0%-35.3%+59.3%
TTM24.0%-40.5%+64.5%
YOY0.8%-50.7%+51.5%
5Y-11.0%-330.2%+319.2%
10Y-4.9%-750.2%+745.3%
1.1.2. Return on Assets

Shows how efficient Afarak is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Afarak to the Other Industrial Metals & Mining industry mean.
  • 29.9% Return on Assets means that Afarak generated €0.30 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Afarak Group Oyj:

  • The MRQ is 29.9%. Using its assets, the company is very efficient in making profit. +2
  • The TTM is 29.9%. Using its assets, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ29.9%TTM29.9%0.0%
TTM29.9%YOY0.4%+29.5%
TTM29.9%5Y-2.9%+32.7%
5Y-2.9%10Y-0.9%-1.9%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ29.9%-6.0%+35.9%
TTM29.9%-6.8%+36.7%
YOY0.4%-5.9%+6.3%
5Y-2.9%-9.2%+6.3%
10Y-0.9%-12.0%+11.1%
1.1.3. Return on Equity

Shows how efficient Afarak is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Afarak to the Other Industrial Metals & Mining industry mean.
  • 45.1% Return on Equity means Afarak generated €0.45 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Afarak Group Oyj:

  • The MRQ is 45.1%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 45.1%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ45.1%TTM45.1%0.0%
TTM45.1%YOY1.4%+43.8%
TTM45.1%5Y-20.6%+65.7%
5Y-20.6%10Y-9.5%-11.1%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ45.1%-6.9%+52.0%
TTM45.1%-7.5%+52.6%
YOY1.4%-6.1%+7.5%
5Y-20.6%-9.8%-10.8%
10Y-9.5%-12.8%+3.3%

1.2. Operating Efficiency of Afarak Group Oyj.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Afarak is operating .

  • Measures how much profit Afarak makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Afarak to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of 26.3% means the company generated €0.26  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Afarak Group Oyj:

  • The MRQ is 26.3%. The company is operating very efficient. +2
  • The TTM is 26.3%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ26.3%TTM26.3%0.0%
TTM26.3%YOY5.9%+20.4%
TTM26.3%5Y-1.0%+27.4%
5Y-1.0%10Y-2.6%+1.6%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ26.3%-285.5%+311.8%
TTM26.3%-46.7%+73.0%
YOY5.9%-76.4%+82.3%
5Y-1.0%-361.7%+360.7%
10Y-2.6%-693.1%+690.5%
1.2.2. Operating Ratio

Measures how efficient Afarak is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 0.74 means that the operating costs are €0.74 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Afarak Group Oyj:

  • The MRQ is 0.736. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.736. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.736TTM0.7360.000
TTM0.736YOY0.952-0.216
TTM0.7365Y1.007-0.271
5Y1.00710Y0.996+0.011
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7361.951-1.215
TTM0.7361.923-1.187
YOY0.9522.082-1.130
5Y1.0074.850-3.843
10Y0.9968.674-7.678

1.3. Liquidity of Afarak Group Oyj.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Afarak is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 3.07 means the company has €3.07 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Afarak Group Oyj:

  • The MRQ is 3.070. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.070. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.070TTM3.0700.000
TTM3.070YOY1.246+1.824
TTM3.0705Y1.661+1.409
5Y1.66110Y2.410-0.749
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ3.0702.375+0.695
TTM3.0702.609+0.461
YOY1.2463.429-2.183
5Y1.6614.136-2.475
10Y2.4104.566-2.156
1.3.2. Quick Ratio

Measures if Afarak is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Afarak to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 1.94 means the company can pay off €1.94 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Afarak Group Oyj:

  • The MRQ is 1.936. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.936. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.936TTM1.9360.000
TTM1.936YOY0.886+1.051
TTM1.9365Y0.926+1.010
5Y0.92610Y1.226-0.300
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9360.893+1.043
TTM1.9360.856+1.080
YOY0.8861.119-0.233
5Y0.9261.324-0.398
10Y1.2261.428-0.202

1.4. Solvency of Afarak Group Oyj.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Afarak assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Afarak to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.34 means that Afarak assets are financed with 34.4% credit (debt) and the remaining percentage (100% - 34.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Afarak Group Oyj:

  • The MRQ is 0.344. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.344. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.344TTM0.3440.000
TTM0.344YOY0.703-0.359
TTM0.3445Y0.575-0.231
5Y0.57510Y0.458+0.117
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3440.192+0.152
TTM0.3440.190+0.154
YOY0.7030.151+0.552
5Y0.5750.212+0.363
10Y0.4580.238+0.220
1.4.2. Debt to Equity Ratio

Measures if Afarak is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Afarak to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 52.0% means that company has €0.52 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Afarak Group Oyj:

  • The MRQ is 0.520. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.520. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.520TTM0.5200.000
TTM0.520YOY2.326-1.806
TTM0.5205Y1.813-1.293
5Y1.81310Y1.172+0.641
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5200.192+0.328
TTM0.5200.207+0.313
YOY2.3260.155+2.171
5Y1.8130.227+1.586
10Y1.1720.249+0.923

2. Market Valuation of Afarak Group Oyj

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Afarak generates.

  • Above 15 is considered overpriced but always compare Afarak to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of 1.93 means the investor is paying €1.93 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Afarak Group Oyj:

  • The EOD is 2.024. Based on the earnings, the company is cheap. +2
  • The MRQ is 1.931. Based on the earnings, the company is cheap. +2
  • The TTM is 1.931. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.024MRQ1.931+0.093
MRQ1.931TTM1.9310.000
TTM1.931YOY3.875-1.944
TTM1.9315Y-2.087+4.018
5Y-2.08710Y-23.541+21.454
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD2.024-3.740+5.764
MRQ1.931-5.000+6.931
TTM1.931-5.557+7.488
YOY3.875-8.469+12.344
5Y-2.087-10.469+8.382
10Y-23.541-11.327-12.214
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Afarak Group Oyj:

  • The EOD is 3.271. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 3.120. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 3.120. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.271MRQ3.120+0.150
MRQ3.120TTM3.1200.000
TTM3.120YOY2.704+0.416
TTM3.1205Y-16.227+19.347
5Y-16.22710Y-5.320-10.907
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD3.271-3.924+7.195
MRQ3.120-5.463+8.583
TTM3.120-6.302+9.422
YOY2.704-8.457+11.161
5Y-16.227-12.796-3.431
10Y-5.320-13.886+8.566
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Afarak is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 0.88 means the investor is paying €0.88 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Afarak Group Oyj:

  • The EOD is 0.922. Based on the equity, the company is cheap. +2
  • The MRQ is 0.879. Based on the equity, the company is cheap. +2
  • The TTM is 0.879. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.922MRQ0.879+0.042
MRQ0.879TTM0.8790.000
TTM0.879YOY0.817+0.062
TTM0.8795Y1.258-0.379
5Y1.25810Y1.023+0.236
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD0.9221.161-0.239
MRQ0.8791.511-0.632
TTM0.8791.591-0.712
YOY0.8172.243-1.426
5Y1.2582.501-1.243
10Y1.0232.940-1.917
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Afarak Group Oyj compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.2350.2350%0.014+1606%-0.052+122%-0.044+119%
Book Value Per Share--0.4010.4010%0.166+141%0.317+27%0.500-20%
Current Ratio--3.0703.0700%1.246+146%1.661+85%2.410+27%
Debt To Asset Ratio--0.3440.3440%0.703-51%0.575-40%0.458-25%
Debt To Equity Ratio--0.5200.5200%2.326-78%1.813-71%1.172-56%
Dividend Per Share----0%-0%-0%-0%
Eps--0.1830.1830%0.035+421%-0.028+115%-0.010+105%
Free Cash Flow Per Share--0.1130.1130%0.050+125%0.022+415%0.012+877%
Free Cash Flow To Equity Per Share--0.0230.0230%0.024-3%0.003+596%-0.005+120%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--2.336--------
Intrinsic Value_10Y_min--0.502--------
Intrinsic Value_1Y_max--0.088--------
Intrinsic Value_1Y_min--0.022--------
Intrinsic Value_3Y_max--0.376--------
Intrinsic Value_3Y_min--0.090--------
Intrinsic Value_5Y_max--0.798--------
Intrinsic Value_5Y_min--0.186--------
Market Cap96570000.000+5%92133000.00092133000.0000%35496000.000+160%102938400.000-10%120895200.000-24%
Net Profit Margin--0.2400.2400%0.008+3060%-0.110+146%-0.049+120%
Operating Margin--0.2630.2630%0.059+346%-0.010+104%-0.026+110%
Operating Ratio--0.7360.7360%0.952-23%1.007-27%0.996-26%
Pb Ratio0.922+5%0.8790.8790%0.817+8%1.258-30%1.023-14%
Pe Ratio2.024+5%1.9311.9310%3.875-50%-2.087+208%-23.541+1319%
Price Per Share0.370+5%0.3530.3530%0.136+160%0.394-10%0.463-24%
Price To Free Cash Flow Ratio3.271+5%3.1203.1200%2.704+15%-16.227+620%-5.320+271%
Price To Total Gains Ratio1.574+5%1.5021.5020%9.868-85%-0.191+113%-4.072+371%
Quick Ratio--1.9361.9360%0.886+119%0.926+109%1.226+58%
Return On Assets--0.2990.2990%0.004+7066%-0.029+110%-0.009+103%
Return On Equity--0.4510.4510%0.014+3174%-0.206+146%-0.095+121%
Total Gains Per Share--0.2350.2350%0.014+1606%-0.052+122%-0.044+119%
Usd Book Value--113348097.900113348097.9000%46987966.300+141%89446205.680+27%141246547.110-20%
Usd Book Value Change Per Share--0.2540.2540%0.015+1606%-0.056+122%-0.047+119%
Usd Book Value Per Share--0.4340.4340%0.180+141%0.343+27%0.541-20%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.1980.1980%0.038+421%-0.030+115%-0.010+105%
Usd Free Cash Flow--31939355.90031939355.9000%14197312.500+125%6203549.500+415%3269330.080+877%
Usd Free Cash Flow Per Share--0.1220.1220%0.054+125%0.024+415%0.013+877%
Usd Free Cash Flow To Equity Per Share--0.0250.0250%0.026-3%0.004+596%-0.005+120%
Usd Market Cap104459769.000+5%99660266.10099660266.1000%38396023.200+160%111348467.280-10%130772337.840-24%
Usd Price Per Share0.400+5%0.3820.3820%0.147+160%0.427-10%0.501-24%
Usd Profit--51614397.20051614397.2000%659837.000+7722%-10054401.500+119%-3613851.530+107%
Usd Revenue--214924054.700214924054.7000%86812915.200+148%146609940.220+47%165062660.520+30%
Usd Total Gains Per Share--0.2540.2540%0.015+1606%-0.056+122%-0.047+119%
 EOD+4 -4MRQTTM+0 -0YOY+27 -65Y+28 -510Y+25 -8

3.2. Fundamental Score

Let's check the fundamental score of Afarak Group Oyj based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-152.024
Price to Book Ratio (EOD)Between0-10.922
Net Profit Margin (MRQ)Greater than00.240
Operating Margin (MRQ)Greater than00.263
Quick Ratio (MRQ)Greater than11.936
Current Ratio (MRQ)Greater than13.070
Debt to Asset Ratio (MRQ)Less than10.344
Debt to Equity Ratio (MRQ)Less than10.520
Return on Equity (MRQ)Greater than0.150.451
Return on Assets (MRQ)Greater than0.050.299
Total10/10 (100.0%)

3.3. Technical Score

Let's check the technical score of Afarak Group Oyj based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.947
Ma 20Greater thanMa 500.366
Ma 50Greater thanMa 1000.379
Ma 100Greater thanMa 2000.396
OpenGreater thanClose0.370
Total1/5 (20.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Net Debt  12,30142,81955,120-6,90348,217-15,99232,225-42,451-10,226



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets159,758
Total Liabilities54,971
Total Stockholder Equity105,707
 As reported
Total Liabilities 54,971
Total Stockholder Equity+ 105,707
Total Assets = 159,758

Assets

Total Assets159,758
Total Current Assets65,208
Long-term Assets94,550
Total Current Assets
Cash And Cash Equivalents 12,418
Short-term Investments 650
Net Receivables 28,057
Inventory 24,734
Other Current Assets -1
Total Current Assets  (as reported)65,208
Total Current Assets  (calculated)65,858
+/- 650
Long-term Assets
Property Plant Equipment 38,976
Goodwill 48,720
Intangible Assets 5,239
Long-term Assets Other 961
Long-term Assets  (as reported)94,550
Long-term Assets  (calculated)93,896
+/- 654

Liabilities & Shareholders' Equity

Total Current Liabilities21,238
Long-term Liabilities33,733
Total Stockholder Equity105,707
Total Current Liabilities
Short-term Debt 1,789
Short Long Term Debt 1,772
Accounts payable 7,352
Other Current Liabilities 12,097
Total Current Liabilities  (as reported)21,238
Total Current Liabilities  (calculated)23,010
+/- 1,772
Long-term Liabilities
Long term Debt Total 404
Other Liabilities 33,329
Long-term Liabilities  (as reported)33,733
Long-term Liabilities  (calculated)33,733
+/-0
Total Stockholder Equity
Retained Earnings -122,081
Capital Surplus 240,339
Total Stockholder Equity (as reported)105,707
Total Stockholder Equity (calculated)118,258
+/- 12,551
Other
Capital Stock23,642
Cash and Short Term Investments 12,418
Common Stock Shares Outstanding 251,846
Liabilities and Stockholders Equity 159,758
Net Debt -10,226
Net Invested Capital 105,707
Net Tangible Assets 51,748
Net Working Capital 43,970
Property Plant and Equipment Gross 73,378
Short Long Term Debt Total 2,192



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-31
> Total Assets 
37,792
36,932
5,689
30,045
56,934
89,142
116,090
499,990
563,275
563,198
650,110
421,807
316,025
277,924
290,289
266,894
260,240
259,941
258,614
223,597
157,393
146,350
159,758
159,758146,350157,393223,597258,614259,941260,240266,894290,289277,924316,025421,807650,110563,198563,275499,990116,09089,14256,93430,0455,68936,93237,792
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
176,615
235,731
140,505
96,553
100,612
114,153
105,575
94,367
110,080
117,272
55,909
30,261
54,404
65,208
65,20854,40430,26155,909117,272110,08094,367105,575114,153100,61296,553140,505235,731176,615000000000
       Cash And Cash Equivalents 
5,244
415
95
1,426
7,484
9,414
24,768
48,527
45,413
55,853
10,035
65,878
14,815
13,769
13,332
19,644
9,651
10,702
12,132
5,389
1,098
6,287
12,418
12,4186,2871,0985,38912,13210,7029,65119,64413,33213,76914,81565,87810,03555,85345,41348,52724,7689,4147,4841,426954155,244
       Short-term Investments 
0
0
0
0
70
8,579
7,271
176,112
133
2,814
0
0
3,607
12,546
4,166
3,857
4,611
0
0
0
210
486
650
6504862100004,6113,8574,16612,5463,607002,814133176,1127,2718,579700000
       Net Receivables 
6,362
2,388
108
4,311
8,422
7,608
9,805
25,660
206,242
38,357
18,802
24,420
30,062
-1
40,769
40,778
32,628
42,932
44,531
16,627
11,946
31,893
28,057
28,05731,89311,94616,62744,53142,93232,62840,77840,769-130,06224,42018,80238,357206,24225,6609,8057,6088,4224,3111082,3886,362
       Other Current Assets 
0
0
0
0
0
0
0
135,506
16,914
61,997
172,989
30,615
1
40,560
1
1
36,292
49,434
48,175
0
0
0
-1
-100048,17549,43436,2921140,560130,615172,98961,99716,914135,5060000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
386,583
414,379
281,302
219,472
177,312
176,136
161,318
165,874
149,861
141,342
167,688
127,132
91,946
94,550
94,55091,946127,132167,688141,342149,861165,874161,318176,136177,312219,472281,302414,379386,583000000000
       Property Plant Equipment 
18
58
7
6,517
6,579
11,972
15,855
37,516
69,633
80,656
102,085
71,901
67,101
36,257
47,970
43,459
45,131
47,462
46,457
110,798
75,620
38,471
38,976
38,97638,47175,620110,79846,45747,46245,13143,45947,97036,25767,10171,901102,08580,65669,63337,51615,85511,9726,5796,51775818
       Goodwill 
0
0
0
8,369
16,641
30,927
31,237
33,422
87,248
172,850
129,120
96,269
72,532
62,288
63,052
58,349
63,780
62,409
56,245
45,414
42,105
46,029
48,720
48,72046,02942,10545,41456,24562,40963,78058,34963,05262,28872,53296,269129,120172,85087,24833,42231,23730,92716,6418,369000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
76
92
0
0
734
511
0
0
0
0
00005117340092760000000000000
       Intangible Assets 
156
160
27
8,539
16,809
32,364
35,238
39,229
159,385
275,913
260,584
161,484
44,863
22,040
20,358
17,014
18,311
14,549
12,002
7,010
6,232
5,548
5,239
5,2395,5486,2327,01012,00214,54918,31117,01420,35822,04044,863161,484260,584275,913159,38539,22935,23832,36416,8098,53927160156
       Other Assets 
0
2,405
410
523
1,737
330
359
4,067
5,904
30,156
143,177
0
34,312
56,071
44,077
1
-1
24,707
26,127
3,419
3,176
1,898
454
4541,8983,1763,41926,12724,707-1144,07756,07134,3120143,17730,1565,9044,0673593301,7375234102,4050
> Total Liabilities 
1,604
810
874
15,310
34,137
64,685
56,834
88,340
206,564
277,172
374,260
181,648
97,002
87,596
108,045
95,687
84,053
87,576
107,766
149,061
117,551
102,911
54,971
54,971102,911117,551149,061107,76687,57684,05395,687108,04587,59697,002181,648374,260277,172206,56488,34056,83464,68534,13715,3108748101,604
   > Total Current Liabilities 
1,351
546
817
8,364
28,236
38,939
43,345
58,567
65,640
107,855
121,517
31,322
36,999
37,773
39,794
29,545
26,975
34,506
53,696
65,003
31,978
43,662
21,238
21,23843,66231,97865,00353,69634,50626,97529,54539,79437,77336,99931,322121,517107,85565,64058,56743,34538,93928,2368,3648175461,351
       Short-term Debt 
0
0
0
0
0
0
0
0
0
39,007
5,342
1,109
2,719
1,362
5,866
12,133
3,764
9,393
22,331
42,219
14,726
20,763
1,789
1,78920,76314,72642,21922,3319,3933,76412,1335,8661,3622,7191,1095,34239,007000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
1,511
5,039
5,071
3,688
9,284
22,135
42,023
14,676
20,756
1,772
1,77220,75614,67642,02322,1359,2843,6885,0715,0391,5110000000000000
       Accounts payable 
156
155
12
2,510
4,527
5,398
5,752
25,099
19,313
19,242
20,065
9,270
6,753
11,205
19,144
9,875
13,620
16,402
19,420
12,538
8,705
14,126
7,352
7,35214,1268,70512,53819,42016,40213,6209,87519,14411,2056,7539,27020,06519,24219,31325,0995,7525,3984,5272,51012155156
       Other Current Liabilities 
1,194
390
805
3,382
21,080
30,522
33,083
17,477
33,235
34,502
91,511
16,763
36,980
37,773
39,794
19,670
13,355
356
7,713
52,465
23,273
29,536
12,097
12,09729,53623,27352,4657,71335613,35519,67039,79437,77336,98016,76391,51134,50233,23517,47733,08330,52221,0803,3828053901,194
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
169,317
252,743
150,325
60,003
49,823
68,251
66,142
57,078
53,070
54,070
84,058
85,573
59,249
33,733
33,73359,24985,57384,05854,07053,07057,07866,14268,25149,82360,003150,325252,743169,317000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
34,589
17,749
404
40417,74934,58900000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20,404
16,946
19,551
2,668
35
28
24
2428352,66819,55116,94620,4040000000000000000
> Total Stockholder Equity
36,188
36,121
4,815
13,866
22,747
24,457
57,665
409,655
348,943
268,147
246,928
225,811
211,860
184,960
177,292
167,362
172,036
171,396
150,476
67,306
35,760
44,240
105,707
105,70744,24035,76067,306150,476171,396172,036167,362177,292184,960211,860225,811246,928268,147348,943409,65557,66524,45722,74713,8664,81536,12136,188
   Common Stock
19,625
20,549
3,520
12,874
13,820
14,584
23,018
23,642
23,642
23,642
27,593
23,642
23,642
23,642
23,642
23,642
23,642
23,642
23,642
23,642
23,642
23,642
23,642
23,64223,64223,64223,64223,64223,64223,64223,64223,64223,64223,64223,64227,59323,64223,64223,64223,01814,58413,82012,8743,52020,54919,625
   Retained Earnings 
9,376
5,604
0
0
636
3,380
9,512
19,694
0
-49,952
-122,279
-77,695
-88,212
-102,574
-103,657
-93,755
-95,963
-89,618
-108,485
-170,397
-181,344
-176,170
-122,081
-122,081-176,170-181,344-170,397-108,485-89,618-95,963-93,755-103,657-102,574-88,212-77,695-122,279-49,952019,6949,5123,380636005,6049,376
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
233,228
235,021
240,339
240,339235,021233,22800000000000000000000
   Treasury Stock00000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
294,458
341,615
279,863
276,430
263,892
257,307
237,475
244,357
237,372
235,319
214,061
193,462
196,768
204,146
204,146196,768193,462214,061235,319237,372244,357237,475257,307263,892276,430279,863341,615294,458000000000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue198,691
Cost of Revenue-1,297
Gross Profit197,394197,394
 
Operating Income (+$)
Gross Profit197,394
Operating Expense-144,944
Operating Income52,29352,450
 
Operating Expense (+$)
Research Development-
Selling General Administrative3,247
Selling And Marketing Expenses-
Operating Expense144,9443,247
 
Net Interest Income (+$)
Interest Income316
Interest Expense-3,106
Other Finance Cost-316
Net Interest Income-3,106
 
Pretax Income (+$)
Operating Income52,293
Net Interest Income-3,106
Other Non-Operating Income Expenses-
Income Before Tax (EBT)49,18755,399
EBIT - interestExpense = 49,187
52,191
50,822
Interest Expense3,106
Earnings Before Interest and Taxes (EBIT)52,29352,293
Earnings Before Interest and Taxes (EBITDA)52,450
 
After tax Income (+$)
Income Before Tax49,187
Tax Provision-4,475
Net Income From Continuing Ops44,71244,712
Net Income47,716
Net Income Applicable To Common Shares47,716
 
Non-recurring Events
Discontinued Operations2,885
Extraordinary Items2,885
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses146,241
Total Other Income/Expenses Net-3,1063,106
 

Technical Analysis of Afarak
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Afarak. The general trend of Afarak is BEARISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Afarak's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Afarak Group Oyj.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.388 < 0.4 < 0.41.

The bearish price targets are: 0.334 > 0.33 > 0.33.

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Afarak Group Oyj Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Afarak Group Oyj. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Afarak Group Oyj Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Afarak Group Oyj. The current macd is -0.00238128.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Afarak price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Afarak. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Afarak price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Afarak Group Oyj Daily Moving Average Convergence/Divergence (MACD) ChartAfarak Group Oyj Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Afarak Group Oyj. The current adx is 17.20.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Afarak shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Afarak Group Oyj Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Afarak Group Oyj. The current sar is 0.35034748.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Afarak Group Oyj Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Afarak Group Oyj. The current rsi is 50.95. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 3/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
Afarak Group Oyj Daily Relative Strength Index (RSI) ChartAfarak Group Oyj Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Afarak Group Oyj. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Afarak price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Afarak Group Oyj Daily Stochastic Oscillator ChartAfarak Group Oyj Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Afarak Group Oyj. The current cci is 44.42.

Afarak Group Oyj Daily Commodity Channel Index (CCI) ChartAfarak Group Oyj Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Afarak Group Oyj. The current cmo is 10.01.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Afarak Group Oyj Daily Chande Momentum Oscillator (CMO) ChartAfarak Group Oyj Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Afarak Group Oyj. The current willr is -51.2195122.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Afarak is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Afarak Group Oyj Daily Williams %R ChartAfarak Group Oyj Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Afarak Group Oyj.

Afarak Group Oyj Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Afarak Group Oyj. The current atr is 0.01737482.

Afarak Group Oyj Daily Average True Range (ATR) ChartAfarak Group Oyj Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Afarak Group Oyj. The current obv is 3,253,740.

Afarak Group Oyj Daily On-Balance Volume (OBV) ChartAfarak Group Oyj Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Afarak Group Oyj. The current mfi is 34.51.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Afarak Group Oyj Daily Money Flow Index (MFI) ChartAfarak Group Oyj Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Afarak Group Oyj.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-23MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-15MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-18RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-16CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-28RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Afarak Group Oyj Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Afarak Group Oyj based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.947
Ma 20Greater thanMa 500.366
Ma 50Greater thanMa 1000.379
Ma 100Greater thanMa 2000.396
OpenGreater thanClose0.370
Total1/5 (20.0%)
Penke

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