Clinical Laserthermia (Sweden) Today
| CLS-B Stock | SEK 0.09 0 1.30% |
Performance0 of 100
| Odds Of DistressLess than 43
|
Clinical Laserthermia is selling for under 0.0938 as of the 24th of April 2024; that is 1.30 percent increase since the beginning of the trading day. The stock's lowest day price was 0.0851. Clinical Laserthermia has about a 43 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Clinical Laserthermia has reported 200 for 1 split on 25th of April 2024. Equity ratings for Clinical Laserthermia Systems are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of March 2023 and ending today, the 24th of April 2024. Click here to learn more.
Clinical Laserthermia Systems AB develops and markets therapies, systems, and single-use instruments for thermal treatment of solid cancer tumors in Sweden. Clinical Laserthermia Systems AB has a collaboration agreement with Image Guided Therapy SA to develop and commercialize a software product for MR-generated temperature monitoring and a collaborative license and co-development agreement with MRI Interventions, Inc. The company has 134.52 M outstanding shares. More on Clinical Laserthermia Systems
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Clinical 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. Clinical Laserthermia's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Clinical Laserthermia or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Medical Devices, Healthcare (View all Sectors) |
Clinical Laserthermia Systems (CLS-B) is traded on Stockholm Exchange in Sweden and employs 12 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 104.76 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Clinical Laserthermia's market, we take the total number of its shares issued and multiply it by Clinical Laserthermia'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. Clinical Laserthermia operates under Healthcare sector and is part of Medical Devices industry. The entity has 134.52 M outstanding shares.
Clinical Laserthermia Systems has accumulated about 13.5 M in cash with (66.17 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.39, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Clinical Laserthermia Probability Of Bankruptcy
Ownership AllocationClinical Laserthermia retains a total of 134.52 Million outstanding shares. Clinical Laserthermia Systems shows 9.7 percent of its outstanding shares held by insiders and 2.27 percent owned by other corporate entities. 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 Clinical Ownership Details
Clinical Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Clinical Laserthermia jumping above the current price in 90 days from now is about 49.66%. The Clinical Laserthermia Systems probability density function shows the probability of Clinical Laserthermia stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Clinical Laserthermia Systems has a beta of -1.6763 suggesting as returns on its benchmark rise, returns on holding Clinical Laserthermia Systems are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Clinical Laserthermia is expected to outperform its benchmark. Additionally, clinical Laserthermia Systems has an alpha of 0.0325, implying that it can generate a 0.0325 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Clinical Laserthermia to move above the current price in 90 days from now is about 49.66 (This Clinical Laserthermia Systems probability density function shows the probability of Clinical Stock to fall within a particular range of prices over 90 days) .
Clinical Laserthermia Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Clinical Laserthermia market risk premium is the additional return an investor will receive from holding Clinical Laserthermia 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 Clinical Laserthermia. 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 Clinical Laserthermia's alpha and beta are two of the key measurements used to evaluate Clinical Laserthermia's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.92 | |||
| Standard Deviation | 6.0 | |||
| Variance | 35.99 | |||
| Risk Adjusted Performance | (0.0003) |
Clinical Stock Against Markets
Picking the right benchmark for Clinical Laserthermia 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 Clinical Laserthermia 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 Clinical Laserthermia is critical whether you are bullish or bearish towards Clinical Laserthermia Systems at a given time. Please also check how Clinical Laserthermia'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 Clinical Laserthermia 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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Clinical Laserthermia Corporate Management
Elected by the shareholders, the Clinical Laserthermia's board of directors comprises two types of representatives: Clinical Laserthermia inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Clinical. The board's role is to monitor Clinical Laserthermia's management team and ensure that shareholders' interests are well served. Clinical Laserthermia'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, Clinical Laserthermia's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rolf Bornschein | Chief Officer | Profile | |
| Mats Ekelund | Chief Officer | Profile | |
| LarsErik Eriksson | CoFounder Director | Profile | |
| Stephan MSc | Head Devel | Profile | |
| Karin Peterson | Chief Officer | Profile | |
| Marie MSc | Quality Mang | Profile | |
| Dan Mogren | Chief Officer | Profile |
How to buy Clinical Stock?
Before investing in Clinical Laserthermia, 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 Clinical Laserthermia. To buy Clinical Laserthermia stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Clinical Laserthermia. 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 Clinical Laserthermia stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Clinical Laserthermia Systems 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 Clinical Laserthermia Systems 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 Clinical Laserthermia Systems, 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 Clinical Laserthermia Systems?
The danger of trading Clinical Laserthermia Systems 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 Clinical Laserthermia 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 Clinical Laserthermia. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Clinical Laserthermia 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 Clinical Laserthermia Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Clinical Laserthermia information on this page should be used as a complementary analysis to other Clinical Laserthermia's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Clinical Stock analysis
When running Clinical Laserthermia's price analysis, check to measure Clinical Laserthermia'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 Clinical Laserthermia is operating at the current time. Most of Clinical Laserthermia's value examination focuses on studying past and present price action to predict the probability of Clinical Laserthermia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clinical Laserthermia's price. Additionally, you may evaluate how the addition of Clinical Laserthermia to your portfolios can decrease your overall portfolio volatility.
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