CTT Systems (Sweden) Today

CTT Stock  SEK 332.00  2.00  0.60%   

Performance

19 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
CTT Systems is selling for under 332.00 as of the 29th of March 2024; that is -0.6 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 330.0. CTT Systems 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 CTT Systems AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
CTT Systems AB provides aerospace products for active humidity control worldwide. The company offers its products for non-condensation in the fuselage and humidification of cockpit, crew rest, and cabins areas. CTT Systems operates under Aerospace classification in Sweden and is traded on Stockholm Stock Exchange.. The company has 12.53 M outstanding shares. More on CTT Systems AB

Moving together with CTT Stock

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Moving against CTT Stock

  0.69ERIC-A TelefonaktiebolagetPairCorr
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CTT 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. CTT Systems' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CTT Systems or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationAerospace & Defense, Industrials (View all Sectors)
CTT Systems AB (CTT) is traded on Stockholm Exchange in Sweden and employs 73 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.47 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CTT Systems's market, we take the total number of its shares issued and multiply it by CTT Systems'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. CTT Systems AB operates under Industrials sector and is part of Aerospace & Defense industry. The entity has 12.53 M outstanding shares. CTT Systems AB has accumulated about 48.6 M in cash with 30.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.88.
Check CTT Systems Probability Of Bankruptcy
Ownership Allocation
CTT Systems AB retains a total of 12.53 Million outstanding shares. CTT Systems AB retains noticeable 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 CTT Ownership Details

CTT Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of CTT Systems jumping above the current price in 90 days from now is about 1.53%. The CTT Systems AB probability density function shows the probability of CTT Systems stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon CTT Systems AB has a beta of -0.6283 suggesting as returns on benchmark increase, returns on holding CTT Systems are expected to decrease at a much lower rate. During the bear market, however, CTT Systems AB is likely to outperform the market. Additionally, cTT Systems AB has an alpha of 0.6679, implying that it can generate a 0.67 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 332.0HorizonTargetOdds Above 332.0
98.46%90 days
 332.00 
1.53%
Based on a normal probability distribution, the odds of CTT Systems to move above the current price in 90 days from now is about 1.53 (This CTT Systems AB probability density function shows the probability of CTT Stock to fall within a particular range of prices over 90 days) .

CTT Systems AB Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. CTT Systems market risk premium is the additional return an investor will receive from holding CTT Systems 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 CTT Systems. 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 CTT Systems' alpha and beta are two of the key measurements used to evaluate CTT Systems' performance over the market, the standard measures of volatility play an important role as well.

CTT Stock Against Markets

Picking the right benchmark for CTT Systems 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 CTT Systems 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 CTT Systems is critical whether you are bullish or bearish towards CTT Systems AB at a given time. Please also check how CTT Systems' 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 CTT Systems 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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CTT Systems Corporate Management

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

How to buy CTT Stock?

Before investing in CTT Systems, 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 CTT Systems. To buy CTT Systems stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of CTT Systems. 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 CTT Systems stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located CTT Systems 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 CTT Systems 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 CTT Systems 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 CTT Systems AB?

The danger of trading CTT Systems 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 CTT Systems 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 CTT Systems. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CTT Systems 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 CTT Systems 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for CTT Stock analysis

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