ADDvise Group (Sweden) Today

ADDV-B Stock  SEK 9.22  0.04  0.44%   

Performance

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Odds Of Distress

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ADDvise Group is trading at 9.22 as of the 28th of March 2024, a 0.44 percent up since the beginning of the trading day. The stock's open price was 9.18. ADDvise Group has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ADDvise Group B are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of June 2022 and ending today, the 28th of March 2024. Click here to learn more.

Moving together with ADDvise Stock

  0.71BICO BICO Group ABPairCorr
  0.63MNTC Mentice ABPairCorr
  0.69PAX Paxman ABPairCorr

Moving against ADDvise Stock

  0.89STIL Stille ABPairCorr
  0.89INDU-C Industrivarden AB SerPairCorr
  0.89INDU-A Industrivarden AB SerPairCorr
  0.82LUND-B L E LundbergfretagenPairCorr
  0.49CATE Catena ABPairCorr
  0.46HOLM-A Holmen ABPairCorr
  0.45HOLM-B Holmen ABPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

ADDvise Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ADDvise Group's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ADDvise Group or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationMedical Devices, Healthcare (View all Sectors)
ADDvise Group B (ADDV-B) is traded on Stockholm Exchange in Sweden and employs 334 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.6 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ADDvise Group's market, we take the total number of its shares issued and multiply it by ADDvise Group's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ADDvise Group B operates under Healthcare sector and is part of Medical Devices industry. The entity has 172.87 M outstanding shares. ADDvise Group generates positive cash flow from operations, but has no cash available
Check ADDvise Group Probability Of Bankruptcy
Ownership Allocation
ADDvise Group B retains a total of 172.87 Million outstanding shares. ADDvise Group B retains serious amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check ADDvise Ownership Details

ADDvise Stock Price Odds Analysis

What are ADDvise Group's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of ADDvise Group jumping above the current price in 90 days from now is more than 93.0%. The ADDvise Group B probability density function shows the probability of ADDvise Group stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ADDvise Group B has a beta of -0.311. This suggests as returns on benchmark increase, returns on holding ADDvise Group are expected to decrease at a much lower rate. During the bear market, however, ADDvise Group B is likely to outperform the market. Additionally, aDDvise Group B has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 9.22HorizonTargetOdds Above 9.22
6.75%90 days
 9.22 
93.22%
Based on a normal probability distribution, the odds of ADDvise Group to move above the current price in 90 days from now is more than 93.0 (This ADDvise Group B probability density function shows the probability of ADDvise Stock to fall within a particular range of prices over 90 days) .

ADDvise Group B Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ADDvise Group market risk premium is the additional return an investor will receive from holding ADDvise Group long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ADDvise Group. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ADDvise Group's alpha and beta are two of the key measurements used to evaluate ADDvise Group's performance over the market, the standard measures of volatility play an important role as well.

ADDvise Stock Against Markets

Picking the right benchmark for ADDvise Group stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ADDvise Group stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ADDvise Group is critical whether you are bullish or bearish towards ADDvise Group B at a given time. Please also check how ADDvise Group's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ADDvise Group without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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ADDvise Group Corporate Management

Elected by the shareholders, the ADDvise Group's board of directors comprises two types of representatives: ADDvise Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ADDvise. The board's role is to monitor ADDvise Group's management team and ensure that shareholders' interests are well served. ADDvise Group's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ADDvise Group's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy ADDvise Stock?

Before investing in ADDvise Group, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ADDvise Group. To buy ADDvise Group stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of ADDvise Group. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase ADDvise Group stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located ADDvise Group B stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased ADDvise Group B stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ADDvise Group B, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in ADDvise Group B?

The danger of trading ADDvise Group B is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ADDvise Group is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ADDvise Group. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ADDvise Group B is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ADDvise Group B. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running ADDvise Group's price analysis, check to measure ADDvise Group'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 ADDvise Group is operating at the current time. Most of ADDvise Group's value examination focuses on studying past and present price action to predict the probability of ADDvise Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ADDvise Group's price. Additionally, you may evaluate how the addition of ADDvise Group to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ADDvise Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ADDvise Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ADDvise Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.