Dromeas SA (Greece) Today
| DROME Stock | EUR 0.35 0.01 2.94% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Dromeas SA is trading at 0.35 as of the 23rd of April 2024, a 2.94 percent increase since the beginning of the trading day. The stock's open price was 0.34. Dromeas SA has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Dromeas SA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Dromeas SA produces and markets office furniture, partition walls, filing systems, and custom made furniture solutions. Dromeas SA was founded in 1979 and is based in Serres, Greece. DROMEAS S operates under Home Furnishings Fixtures classification in Greece and is traded on Athens Stock Exchange.. The company has 34.72 M outstanding shares. More on Dromeas SA
Moving against Dromeas Stock
| 0.5 | KARE | Karelia Tobacco | PairCorr |
| 0.43 | TITC | Titan Cement Interna | PairCorr |
Follow Valuation Odds of Bankruptcy
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Dromeas 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. Dromeas SA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dromeas SA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Home Furnishings & Fixtures, Consumer Goods (View all Sectors) |
Dromeas SA (DROME) is traded on Athens Exchange in Greece and employs 3 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 12.36 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dromeas SA's market, we take the total number of its shares issued and multiply it by Dromeas SA'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. Dromeas SA operates under Consumer Goods sector and is part of Home Furnishings & Fixtures industry. The entity has 34.72 M outstanding shares.
Dromeas SA has accumulated about 1.73 M in cash with 2.53 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
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Ownership AllocationDromeas SA holds a total of 34.72 Million outstanding shares. Dromeas SA shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 71.5 percent of Dromeas SA outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. 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 Dromeas Ownership Details
Dromeas Stock Price Odds Analysis
What are Dromeas SA's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Dromeas SA jumping above the current price in 90 days from now is about 73.79%. The Dromeas SA probability density function shows the probability of Dromeas SA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.136 suggesting Dromeas SA market returns are sensitive to returns on the market. As the market goes up or down, Dromeas SA is expected to follow. Additionally, dromeas SA 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 Dromeas SA to move above the current price in 90 days from now is about 73.79 (This Dromeas SA probability density function shows the probability of Dromeas Stock to fall within a particular range of prices over 90 days) .
Dromeas SA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Dromeas SA market risk premium is the additional return an investor will receive from holding Dromeas SA 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 Dromeas SA. 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 Dromeas SA's alpha and beta are two of the key measurements used to evaluate Dromeas SA's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.12 | |||
| Semi Deviation | 2.52 | |||
| Standard Deviation | 2.95 | |||
| Variance | 8.71 |
Dromeas Stock Against Markets
Picking the right benchmark for Dromeas SA 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 Dromeas SA 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 Dromeas SA is critical whether you are bullish or bearish towards Dromeas SA at a given time. Please also check how Dromeas SA'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 Dromeas SA 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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Dromeas SA Corporate Management
Elected by the shareholders, the Dromeas SA's board of directors comprises two types of representatives: Dromeas SA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dromeas. The board's role is to monitor Dromeas SA's management team and ensure that shareholders' interests are well served. Dromeas SA'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, Dromeas SA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Theodoros Triantafyllidis | Chief Accountant | Profile | |
| Stavroulas Papakonstantinou | Ex Director | Profile | |
| Athanasios Papapanagiotou | Chairman CEO | Profile | |
| Konstantinos Papapanagiotou | Ex Director | Profile |
How to buy Dromeas Stock?
Before investing in Dromeas SA, 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 Dromeas SA. To buy Dromeas SA stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Dromeas SA. 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 Dromeas SA stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Dromeas SA 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 Dromeas SA 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 Dromeas SA, 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 Dromeas SA?
The danger of trading Dromeas SA 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 Dromeas SA 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 Dromeas SA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dromeas SA 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 Dromeas SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Dromeas SA information on this page should be used as a complementary analysis to other Dromeas SA'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 CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Dromeas Stock analysis
When running Dromeas SA's price analysis, check to measure Dromeas SA'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 Dromeas SA is operating at the current time. Most of Dromeas SA's value examination focuses on studying past and present price action to predict the probability of Dromeas SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dromeas SA's price. Additionally, you may evaluate how the addition of Dromeas SA to your portfolios can decrease your overall portfolio volatility.
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