Firefly AB (Sweden) Today
| FIRE Stock | SEK 187.00 1.50 0.80% |
Performance2 of 100
| Odds Of DistressLess than 9
|
Firefly AB is selling for under 187.00 as of the 25th of April 2024; that is -0.8 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 185.0. Firefly AB has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Firefly AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of January 2024 and ending today, the 25th of April 2024. Click here to learn more.
Firefly AB develops, manufactures, and sells spark detection, and fire and dust explosion protection systems for the process industries worldwide. Firefly AB was founded in 1973 and is based in Stockholm, Sweden. Firefly AB operates under Defence Products classification in Sweden and is traded on Stockholm Stock Exchange.. The company has 6 M outstanding shares. More on Firefly AB
Moving together with Firefly Stock
| 0.63 | PREC | Precise Biometrics | PairCorr |
Moving against Firefly Stock
| 0.62 | ALZCUR | AlzeCure Pharma Earnings Call Today | PairCorr |
Follow Valuation Odds of Bankruptcy
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Firefly 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. Firefly AB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Firefly AB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Security & Protection Services, Industrials (View all Sectors) |
Firefly AB (FIRE) is traded on Stockholm Exchange in Sweden and employs 119 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 535.22 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Firefly AB's market, we take the total number of its shares issued and multiply it by Firefly 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. Firefly AB operates under Industrials sector and is part of Security & Protection Services industry. The entity has 6 M outstanding shares.
Firefly AB has accumulated about 52.66 M in cash with 32.55 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.26.
Check Firefly AB Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Firefly AB is kr535.22 Million. Firefly AB 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. 67.09 percent of Firefly AB 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 take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Firefly Ownership Details
Firefly Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Firefly AB jumping above the current price in 90 days from now is about 36.4%. The Firefly AB probability density function shows the probability of Firefly AB stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Firefly AB has a beta of -0.107. This usually indicates as returns on the benchmark increase, returns on holding Firefly AB are expected to decrease at a much lower rate. During a bear market, however, Firefly AB is likely to outperform the market. Additionally, firefly AB has an alpha of 0.0983, implying that it can generate a 0.0983 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Firefly AB to move above the current price in 90 days from now is about 36.4 (This Firefly AB probability density function shows the probability of Firefly Stock to fall within a particular range of prices over 90 days) .
Firefly AB Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Firefly AB market risk premium is the additional return an investor will receive from holding Firefly 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 Firefly 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 Firefly AB's alpha and beta are two of the key measurements used to evaluate Firefly AB's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.93 | |||
| Semi Deviation | 2.65 | |||
| Standard Deviation | 2.75 | |||
| Variance | 7.55 |
Firefly Stock Against Markets
Picking the right benchmark for Firefly 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 Firefly 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 Firefly AB is critical whether you are bullish or bearish towards Firefly AB at a given time. Please also check how Firefly AB'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 Firefly 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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How to buy Firefly Stock?
Before investing in Firefly 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 Firefly AB. To buy Firefly AB stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Firefly 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 Firefly AB stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Firefly 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 Firefly 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 Firefly 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.
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The danger of trading Firefly 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 Firefly 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 Firefly AB. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Firefly 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 Firefly 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Firefly Stock analysis
When running Firefly AB's price analysis, check to measure Firefly 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 Firefly AB is operating at the current time. Most of Firefly AB's value examination focuses on studying past and present price action to predict the probability of Firefly 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 Firefly AB's price. Additionally, you may evaluate how the addition of Firefly AB to your portfolios can decrease your overall portfolio volatility.
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