• Volvo Car witnessed a significant rise in car sales in April with an increase of +27%
• The hike wasn’t limited to regular car sales but also expanded to fully electric vehicle sales which skyrocketed by an impressive +94%
• The stock situation of Volvo demonstrates positive investor sentiment with 3 major buys, 9 holds & only 2 sells.
A look at Volvo Car AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Volvo Car AB, a company known for its wide range of cars, trucks, and vans, is showing a promising long-term outlook based on the Smartkarma Smart Scores analysis. With a strong Value score of 4, Volvo Car AB is considered to have good value potential compared to its competitors. However, its Dividend score of 1 indicates a lower focus on distributing dividends to its shareholders. In terms of Growth, Volvo Car AB received a score of 3, suggesting moderate growth prospects in the future. The company’s high Resilience score of 4 reflects its ability to withstand economic downturns and market volatility. Moreover, Volvo Car AB scored a remarkable 5 in Momentum, indicating strong positive momentum in its business operations. Overall, Volvo Car AB‘s Smart Scores point towards a positive outlook for the company’s future performance.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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