Doxa AB (Sweden) Today
| DOXA Stock | SEK 2.66 0.04 1.48% |
Performance0 of 100
| Odds Of DistressLess than 45
|
Doxa AB is selling for under 2.66 as of the 26th of April 2024; that is -1.48 percent down since the beginning of the trading day. The stock's last reported lowest price was 2.61. Doxa AB has 45 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Doxa AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of March 2024 and ending today, the 26th of April 2024. Click here to learn more.
Doxa AB , a dental company, develops, manufactures, and commercializes bioceramic dental products in Sweden and internationally. The company was founded in 1987 and is based in Uppsala, Sweden. Doxa AB is traded on Stockholm Stock Exchange in Sweden. The company has 295.09 M outstanding shares. More on Doxa AB
Doxa 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. Doxa AB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Doxa AB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Henrik Nedoh |
| Business Concentration | Medical Instruments & Supplies, Healthcare (View all Sectors) |
Doxa AB (DOXA) is traded on Stockholm Exchange in Sweden and employs 10 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.71 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Doxa AB's market, we take the total number of its shares issued and multiply it by Doxa AB'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. Doxa AB operates under Healthcare sector and is part of Medical Instruments & Supplies industry. The entity has 295.09 M outstanding shares.
Doxa AB has accumulated about 10.1 M in cash with (18.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18.
Check Doxa AB Probability Of Bankruptcy
Ownership AllocationDoxa AB retains a total of 295.09 Million outstanding shares. Doxa 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. 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 Doxa Ownership Details
Doxa Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Doxa AB jumping above the current price in 90 days from now is close to 99%. The Doxa AB probability density function shows the probability of Doxa AB stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Doxa AB has a beta of 0.5431 suggesting as returns on the market go up, Doxa AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Doxa AB will be expected to be much smaller as well. Additionally, doxa 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 Doxa AB to move above the current price in 90 days from now is close to 99 (This Doxa AB probability density function shows the probability of Doxa Stock to fall within a particular range of prices over 90 days) .
Doxa AB Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Doxa AB market risk premium is the additional return an investor will receive from holding Doxa AB 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 Doxa AB. 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 Doxa AB's alpha and beta are two of the key measurements used to evaluate Doxa AB's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.74 | |||
| Standard Deviation | 2.42 | |||
| Variance | 5.88 | |||
| Risk Adjusted Performance | (0.05) |
Doxa Stock Against Markets
Picking the right benchmark for Doxa AB 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 Doxa AB 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 Doxa AB is critical whether you are bullish or bearish towards Doxa AB at a given time. Please also check how Doxa AB's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Doxa AB 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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Doxa AB Corporate Directors
Doxa AB corporate directors refer to members of a Doxa AB board of directors. The board of directors generally takes responsibility for the Doxa AB's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Doxa AB's board members must vote for the resolution. The Doxa AB board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Mats Persson | Director | Profile | |
| Goran Urde | Director | Profile | |
| Erik Gabrielsson | Director | Profile | |
| Leif Hermansson | Founder and Director | Profile |
How to buy Doxa Stock?
Before investing in Doxa AB, 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 Doxa AB. To buy Doxa AB stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Doxa AB. 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 Doxa AB stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Doxa 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 Doxa 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 Doxa 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 Doxa AB?
The danger of trading Doxa 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 Doxa AB 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 Doxa AB. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Doxa 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Doxa 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 Doxa Stock analysis
When running Doxa AB's price analysis, check to measure Doxa AB'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 Doxa AB is operating at the current time. Most of Doxa AB's value examination focuses on studying past and present price action to predict the probability of Doxa AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Doxa AB's price. Additionally, you may evaluate how the addition of Doxa AB to your portfolios can decrease your overall portfolio volatility.
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