Addnode Group (Sweden) Performance

ANOD-B Stock  SEK 68.30  0.30  0.44%   
The company retains a Market Volatility (i.e., Beta) of -0.34, which alludes to possible diversification benefits within a given portfolio. Returns on Addnode Group tend to move against the broader market, though the counter-movement is modest relative to the index. At this point, Addnode Group AB has a negative expected return of -0.58%. Please make sure to validate Addnode Group's standard deviation, information ratio, and the relationship between the coefficient of variation and jensen alpha, to decide if Addnode Group AB's performance from the past will be repeated sooner or later.
Risk-Adjusted Performance
Weak
 
Weak
 
Strong
Over the last 90 days, Addnode Group AB generated negative risk-adjusted returns and added little value for investors with long positions. The result matters because weak risk-adjusted return can persist even when isolated price moves briefly look constructive. Despite uncertain performance in the last few months, the stock's basic indicators remain somewhat strong, which may send shares a bit higher in April 2026. The current disturbance may also be a sign of long term up-swing for the company's investors. Learn More
Begin Period Cash Flow644 M
Total Cashflows From Investing Activities-398 M
  

Relative Risk vs. Return Landscape

If you had invested kr 9,760 in Addnode Group AB on December 14, 2025 and sold it today you would have lost kr 2,930 from holding Addnode Group AB or given up 30.02% of portfolio value over 90 days. Addnode Group AB is generating negative expected returns and shows 2.0096% volatility on return distribution over a 90-day horizon. Simply put, 18% of stocks are less volatile than Addnode, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
This benchmark view frames the instrument through return capture and volatility trade-offs. It is intended to show how efficiently risk has translated into return over the selected horizon. Assuming the 90-day trading horizon Addnode Group is expected to under-perform the market. In addition to that, the company is 2.54 times more volatile than its market benchmark. It trades about -0.29 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.08 per unit of volatility.

Target Price Odds to finish over Current Price

The pattern of price convergence toward an average value is one of the most reliable features of organized stock markets. For Addnode Stock, this behavior has been used by investors as a forecasting baseline, though some stocks exhibit notable delays before mispricing is corrected.
Current PriceHorizonTarget PriceOdds moving above the current price in 90 days
68.30 90 days 68.30
about 90.18
A probability distribution analysis shows that the odds of Addnode Group moving above the current price in 90 days from now are about 90.18 (The curve above represents the probability density of Addnode Stock prices across the next 90 days).
Assuming the 90-day trading horizon Addnode Group AB has a beta of -0.34. This suggests that as returns on the benchmark increase, returns on Addnode Group tend to move in the opposite direction, though by a smaller magnitude. During a bear market, however, Addnode Group AB is likely to outperform the market. Additionally, Addnode Group AB has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Addnode Group Price Density   
       Price  

Predictive Modules for Addnode Group

Forecasting techniques for the stock market vary widely in methodology and complexity. For instruments such as Addnode Group AB, combining multiple approaches provides a more robust view than relying on any single model. Market surprises are inevitable, but disciplined forecasting still improves overall investment decision-making.
Investors who believe in mean reversion view Addnode Group's price extremes not as permanent states but as temporary dislocations that create opportunities for disciplined, contrarian capital allocation.
Hype
Prediction
LowEstimatedHigh
65.9868.0070.02
Details
Intrinsic
Valuation
LowRealHigh
61.0663.0874.80
Details
Naive
Forecast
LowNextHigh
67.9469.9671.98
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
62.9569.7276.48
Details
A complete picture of Addnode Group's investment merit requires comparative analysis. How Addnode Group's growth rates, profitability, and capital efficiency stack up against peers is often the deciding factor in investment decisions.

Primary Risk Indicators

The last 10-20 years have demonstrated just how volatile the stock market can be. Addnode Group has been part of this story, with corrections and rallies that have made and broken portfolios. Holding Addnode Group AB with a hedging strategy informed by Addnode Group's risk indicators is one way to limit downside exposure.
α
Alpha over Dow Jones
-0.5517
β
Beta against Dow Jones-0.34
σ
Overall volatility
12.06
Ir
Information ratio -0.2492

Investor Alerts and Insights

Timely alerts on Addnode Group help investors identify important shifts in stock conditions early. Reviewing Addnode Group AB notifications is an efficient way to stay current on technical patterns, fundamental changes, and market-moving headlines.
Addnode Group AB generated a negative expected return over the last 90 days
The company has kr718 Million in debt which may indicate that it relies heavily on debt financing
Addnode Group AB has accumulated SEK718 M in total debt with debt to equity ratio (D/E) of 63.1, indicating Addnode Group AB may have difficulties to generate enough cash to satisfy its financial obligations. Addnode Group AB has a current ratio of 0.6, 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 Addnode Group until it has trouble settling it off, either with new capital or with free cash flow. So, Addnode 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 Addnode Group AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Addnode to invest in growth at high rates of return. When we think about Addnode Group's use of debt, we should always consider it together with cash and equity.
About 72.0% of the company shares are held by institutions such as insurance companies

Price Density Drivers

The indicators below capture the key forces that influence Addnode Group's near-term price action, including the dynamics between long and short market participants. Reviewing these metrics helps investors contextualize Addnode Group price movements and anticipate potential volatility shifts.
Common Stock Shares Outstanding107.5 M
Cash And Short Term Investments406 M

Addnode Group Fundamentals Growth

Understanding Addnode Stock requires a close look at Addnode Group's financial fundamentals. Revenue growth, earnings consistency, operating margins, and capital structure are the principal factors that influence Addnode Stock market performance.

Performance Metrics & Calculation Methodology

Addnode Group performance is measured on a risk-adjusted basis against benchmarks. Tracking difference (where applicable) can separate exposure returns from implementation effects. Addnode Group shows ROE of 20.66%, ROA of 6.13%.

This section for Addnode Group AB is built from periodic company reporting and market reference feeds, with harmonization applied to align reporting definitions. Values may update on different source schedules. Return and risk statistics are calculated from historical price series.

This content is curated and reviewed by:

Raphi Shpitalnik - Junior Member of Macroaxis Editorial Board