Addnode Group (Sweden) Today
| ANOD-B Stock | SEK 115.70 0.40 0.35% |
Performance21 of 100
| Odds Of DistressLess than 9
|
Addnode Group is trading at 115.70 as of the 18th of April 2024, a 0.35 percent increase since the beginning of the trading day. The stock's open price was 115.3. Addnode Group has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Addnode Group AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Addnode Group AB provides software and services for the design, construction, product data information, project collaboration, and property management. The company was founded in 2002 and is based in Stockholm, Sweden. Addnode Group operates under Software Providers classification in Sweden and is traded on Stockholm Stock Exchange. The company has 129.55 M outstanding shares. More on Addnode Group AB
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Moving against Addnode Stock
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Addnode 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. Addnode Group's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Addnode Group or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Information Technology Services, Technology (View all Sectors) |
Addnode Group AB (ANOD-B) is traded on Stockholm Exchange in Sweden and employs 2,370 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 15.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Addnode Group's market, we take the total number of its shares issued and multiply it by Addnode 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. Addnode Group AB operates under Technology sector and is part of Information Technology Services industry. The entity has 129.55 M outstanding shares.
Addnode Group AB has accumulated about 406 M in cash with 437 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.58.
Check Addnode Group Probability Of Bankruptcy
Ownership AllocationAddnode Group holds a total of 129.55 Million outstanding shares. The majority of Addnode Group AB outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Addnode Group AB to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Addnode Group. Please pay attention to any change in the institutional holdings of Addnode Group AB as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Addnode Ownership Details
Addnode Stock Price Odds Analysis
What are Addnode Group's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Addnode Group jumping above the current price in 90 days from now is about 16.08%. The Addnode Group AB probability density function shows the probability of Addnode Group stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Addnode Group AB has a beta of -0.0273. This suggests as returns on the benchmark increase, returns on holding Addnode Group are expected to decrease at a much lower rate. During a bear market, however, Addnode Group AB is likely to outperform the market. Additionally, addnode Group AB has an alpha of 0.4764, implying that it can generate a 0.48 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Addnode Group to move above the current price in 90 days from now is about 16.08 (This Addnode Group AB probability density function shows the probability of Addnode Stock to fall within a particular range of prices over 90 days) .
Addnode Group AB Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Addnode Group market risk premium is the additional return an investor will receive from holding Addnode 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 Addnode 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 Addnode Group's alpha and beta are two of the key measurements used to evaluate Addnode Group's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.5 | |||
| Semi Deviation | 1.16 | |||
| Standard Deviation | 2.15 | |||
| Variance | 4.62 |
Addnode Stock Against Markets
Picking the right benchmark for Addnode 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 Addnode 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 Addnode Group is critical whether you are bullish or bearish towards Addnode Group AB at a given time. Please also check how Addnode 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 Addnode 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.Did you try this?
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| All Next | Launch Module |
Addnode Group Corporate Management
Elected by the shareholders, the Addnode Group's board of directors comprises two types of representatives: Addnode Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Addnode. The board's role is to monitor Addnode Group's management team and ensure that shareholders' interests are well served. Addnode 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, Addnode Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Andreas Wikholm | Pres Division | Profile | |
| Magnus Falkman | Pres Division | Profile | |
| Stefan Jonegard | CEO Area | Profile | |
| Johan Andersson | CEO Pres | Profile | |
| Jonas Gejer | VP Devel | Profile | |
| Ronny Gustavsson | Head Control | Profile | |
| Jenny Curtsdotter | Financial Management | Profile |
How to buy Addnode Stock?
Before investing in Addnode 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 Addnode Group. To buy Addnode Group stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Addnode 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 Addnode Group stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Addnode Group AB 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 Addnode Group AB 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 Addnode Group AB, 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 Addnode Group AB?
The danger of trading Addnode Group AB 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 Addnode 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 Addnode Group. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Addnode Group AB 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 Addnode Group AB. 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Addnode Stock analysis
When running Addnode Group's price analysis, check to measure Addnode 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 Addnode Group is operating at the current time. Most of Addnode Group's value examination focuses on studying past and present price action to predict the probability of Addnode 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 Addnode Group's price. Additionally, you may evaluate how the addition of Addnode Group to your portfolios can decrease your overall portfolio volatility.
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