Telefonaktiebolaget (Sweden) Today
| ERIC-B Stock | SEK 54.90 0.36 0.66% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Telefonaktiebolaget is trading at 54.90 as of the 18th of April 2024, a 0.66 percent increase since the beginning of the trading day. The stock's open price was 54.54. Telefonaktiebolaget 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 Telefonaktiebolaget LM Ericsson are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Telefonaktiebolaget LM Ericsson , together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. Telefonaktiebolaget LM Ericsson was founded in 1876 and is headquartered in Stockholm, Sweden. The company has 3.07 B outstanding shares. More on Telefonaktiebolaget LM Ericsson
Moving together with Telefonaktiebolaget Stock
| 0.97 | ERIC-A | Telefonaktiebolaget | PairCorr |
Moving against Telefonaktiebolaget Stock
| 0.51 | HTRO | Hexatronic Group | PairCorr |
| 0.49 | SHB-A | Svenska Handelsbanken Earnings Call This Week | PairCorr |
| 0.47 | SEB-A | Skandinaviska Enskilda Earnings Call This Week | PairCorr |
| 0.41 | ATCO-A | Atlas Copco AB Earnings Call This Week | PairCorr |
Follow Valuation Odds of Bankruptcy
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Telefonaktiebolaget 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. Telefonaktiebolaget's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Telefonaktiebolaget or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Communication Equipment, Technology (View all Sectors) |
Telefonaktiebolaget LM Ericsson (ERIC-B) is traded on Stockholm Exchange in Sweden and employs 105,529 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 203.2 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Telefonaktiebolaget's market, we take the total number of its shares issued and multiply it by Telefonaktiebolaget'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. Telefonaktiebolaget operates under Technology sector and is part of Communication Equipment industry. The entity has 3.07 B outstanding shares.
Telefonaktiebolaget LM Ericsson has accumulated about 38.35 B in cash with 30.86 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.56.
Check Telefonaktiebolaget Probability Of Bankruptcy
Ownership AllocationTelefonaktiebolaget shows a total of 3.07 Billion outstanding shares. Over half of Telefonaktiebolaget's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Telefonaktiebolaget. Please watch out for any change in the institutional holdings of Telefonaktiebolaget as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Telefonaktiebolaget Ownership Details
Telefonaktiebolaget Stock Price Odds Analysis
What are Telefonaktiebolaget's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Telefonaktiebolaget jumping above the current price in 90 days from now is about 72.89%. The Telefonaktiebolaget LM Ericsson probability density function shows the probability of Telefonaktiebolaget stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Telefonaktiebolaget has a beta of 0.2774 suggesting as returns on the market go up, Telefonaktiebolaget average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Telefonaktiebolaget LM Ericsson will be expected to be much smaller as well. Additionally, telefonaktiebolaget LM Ericsson 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 Telefonaktiebolaget to move above the current price in 90 days from now is about 72.89 (This Telefonaktiebolaget LM Ericsson probability density function shows the probability of Telefonaktiebolaget Stock to fall within a particular range of prices over 90 days) .
Telefonaktiebolaget Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Telefonaktiebolaget market risk premium is the additional return an investor will receive from holding Telefonaktiebolaget 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 Telefonaktiebolaget. 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 Telefonaktiebolaget's alpha and beta are two of the key measurements used to evaluate Telefonaktiebolaget's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.04 | |||
| Standard Deviation | 1.47 | |||
| Variance | 2.15 | |||
| Risk Adjusted Performance | (0.05) |
Telefonaktiebolaget Stock Against Markets
Picking the right benchmark for Telefonaktiebolaget 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 Telefonaktiebolaget 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 Telefonaktiebolaget is critical whether you are bullish or bearish towards Telefonaktiebolaget LM Ericsson at a given time. Please also check how Telefonaktiebolaget'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 Telefonaktiebolaget 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 |
Telefonaktiebolaget Corporate Management
Elected by the shareholders, the Telefonaktiebolaget's board of directors comprises two types of representatives: Telefonaktiebolaget inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Telefonaktiebolaget. The board's role is to monitor Telefonaktiebolaget's management team and ensure that shareholders' interests are well served. Telefonaktiebolaget'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, Telefonaktiebolaget's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Fredrik Jejdling | Head VP | Profile | |
| Peter Olofsson | Head Communications | Profile | |
| Stella Medlicott | Chief SVP | Profile | |
| Peter Nyquist | VP Relations | Profile | |
| EvaBritt Allenius | Chief Officer | Profile | |
| Erik Ekudden | CTO VP | Profile | |
| MSc MBA | CEO Pres | Profile |
How to buy Telefonaktiebolaget Stock?
Before investing in Telefonaktiebolaget, 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 Telefonaktiebolaget. To buy Telefonaktiebolaget stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Telefonaktiebolaget. 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 Telefonaktiebolaget stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Telefonaktiebolaget LM Ericsson 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 Telefonaktiebolaget LM Ericsson 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 Telefonaktiebolaget LM Ericsson, 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. For more information on how to buy Telefonaktiebolaget Stock please use our How to Invest in Telefonaktiebolaget guide.
Already Invested in Telefonaktiebolaget LM Ericsson?
The danger of trading Telefonaktiebolaget LM Ericsson 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 Telefonaktiebolaget 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 Telefonaktiebolaget. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Telefonaktiebolaget 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.
When determining whether Telefonaktiebolaget offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Telefonaktiebolaget's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Telefonaktiebolaget Lm Ericsson Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Telefonaktiebolaget Lm Ericsson Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Telefonaktiebolaget LM Ericsson. 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Telefonaktiebolaget Stock analysis
When running Telefonaktiebolaget's price analysis, check to measure Telefonaktiebolaget'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 Telefonaktiebolaget is operating at the current time. Most of Telefonaktiebolaget's value examination focuses on studying past and present price action to predict the probability of Telefonaktiebolaget's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telefonaktiebolaget's price. Additionally, you may evaluate how the addition of Telefonaktiebolaget to your portfolios can decrease your overall portfolio volatility.
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