Cortus Energy (Sweden) Today
| CE Stock | SEK 1.08 0.02 1.82% |
Performance0 of 100
| Odds Of DistressLess than 10
|
Cortus Energy is selling for under 1.08 as of the 24th of April 2024; that is -1.82% down since the beginning of the trading day. The stock's last reported lowest price was 1.04. Cortus Energy has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Cortus Energy has reported 100 for 1 split on 27th of February 2024. Equity ratings for Cortus Energy AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Cortus Energy AB supplies renewable energy gas generated from the gasification of biomass in Sweden. It offers energy gas based on its WoodRoll patented gasification technology for the process, power, industrial, and transportation applications. Cortus Energy is traded on Stockholm Stock Exchange in Sweden.. The company has 1.98 B outstanding shares. More on Cortus Energy AB
Moving together with Cortus Stock
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Moving against Cortus Stock
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Cortus 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. Cortus Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cortus Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Oil & Gas E&P, Energy (View all Sectors) |
Cortus Energy AB (CE) is traded on Stockholm Exchange in Sweden and employs 36 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 345.79 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cortus Energy's market, we take the total number of its shares issued and multiply it by Cortus Energy'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. Cortus Energy AB classifies itself under Energy sector and is part of Oil & Gas E&P industry. The entity has 1.98 B outstanding shares.
Cortus Energy AB has accumulated about 1.51 M in cash with (72.67 M) of positive cash flow from operations.
Check Cortus Energy Probability Of Bankruptcy
Ownership AllocationCortus Energy AB retains a total of 1.98 Billion outstanding shares. Cortus Energy AB retains significant 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. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Cortus Ownership Details
Cortus Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Cortus Energy jumping above the current price in 90 days from now is about 87.58%. The Cortus Energy AB probability density function shows the probability of Cortus Energy stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Cortus Energy has a beta of 0.6672 suggesting as returns on the market go up, Cortus Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cortus Energy AB will be expected to be much smaller as well. Additionally, cortus Energy AB has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Cortus Energy to move above the current price in 90 days from now is about 87.58 (This Cortus Energy AB probability density function shows the probability of Cortus Stock to fall within a particular range of prices over 90 days) .
Cortus Energy AB Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cortus Energy market risk premium is the additional return an investor will receive from holding Cortus Energy 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 Cortus Energy. 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 Cortus Energy's alpha and beta are two of the key measurements used to evaluate Cortus Energy's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 7.99 | |||
| Standard Deviation | 12.2 | |||
| Variance | 148.86 | |||
| Risk Adjusted Performance | (0.1) |
Cortus Stock Against Markets
Picking the right benchmark for Cortus Energy 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 Cortus Energy 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 Cortus Energy is critical whether you are bullish or bearish towards Cortus Energy AB at a given time. Please also check how Cortus Energy'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 Cortus Energy 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 |
Cortus Energy Corporate Management
Elected by the shareholders, the Cortus Energy's board of directors comprises two types of representatives: Cortus Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cortus. The board's role is to monitor Cortus Energy's management team and ensure that shareholders' interests are well served. Cortus Energy'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, Cortus Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Hkan Sigfridsson | MD CEO | Profile | |
| Josefin Meer | HR Mang | Profile | |
| Par Sjolin | Chief Ab | Profile | |
| Marko Amovic | Technical CTO | Profile | |
| Thomas Lahti | Chief Officer | Profile | |
| Rolf Ljunggren | Deputy Founder | Profile |
How to buy Cortus Stock?
Before investing in Cortus Energy, 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 Cortus Energy. To buy Cortus Energy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cortus Energy. 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 Cortus Energy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Cortus Energy 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 Cortus Energy 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 Cortus Energy 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 Cortus Energy AB?
The danger of trading Cortus Energy 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 Cortus Energy 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 Cortus Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cortus Energy 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 Cortus Energy 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 state. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Cortus Stock analysis
When running Cortus Energy's price analysis, check to measure Cortus Energy'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 Cortus Energy is operating at the current time. Most of Cortus Energy's value examination focuses on studying past and present price action to predict the probability of Cortus Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cortus Energy's price. Additionally, you may evaluate how the addition of Cortus Energy to your portfolios can decrease your overall portfolio volatility.
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