Frigoglass SAIC (Greece) Today

FRIGO Stock  EUR 0.30  0.01  3.23%   

Performance

4 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 46

 
100  
 
Zero
About Average
Frigoglass SAIC is trading at 0.3 as of the 28th of March 2024, a -3.23 percent down since the beginning of the trading day. The stock's open price was 0.31. Frigoglass SAIC has 46 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Frigoglass SAIC has reported 4 for 1 split on 22nd of January 2024. Equity ratings for Frigoglass SAIC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of December 2023 and ending today, the 28th of March 2024. Click here to learn more.
Frigoglass S.A.I.C., together with its subsidiaries, engages in the manufacturing, trading, and distribution of commercial refrigeration units and packaging materials for the beverage industry. The company was founded in 1996 and is based in Athens, Greece. The company has 356.31 M outstanding shares. More on Frigoglass SAIC

Moving together with Frigoglass Stock

  0.63LAVI Lavipharm SAPairCorr

Moving against Frigoglass Stock

  0.44DIMAND Dimand SAPairCorr

Frigoglass 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. Frigoglass SAIC's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Frigoglass SAIC or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationDiversified Machinery, Industrial Goods (View all Sectors)
Frigoglass SAIC (FRIGO) is traded on Athens Exchange in Greece and employs 5,470 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 48.46 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Frigoglass SAIC's market, we take the total number of its shares issued and multiply it by Frigoglass SAIC'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. Frigoglass SAIC operates under Industrial Goods sector and is part of Diversified Machinery industry. The entity has 356.31 M outstanding shares. Frigoglass SAIC has accumulated about 38.72 M in cash with 19 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11.
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Ownership Allocation
Frigoglass SAIC holds a total of 356.31 Million outstanding shares. Frigoglass SAIC 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. 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 Frigoglass Ownership Details

Frigoglass Stock Price Odds Analysis

What are Frigoglass SAIC's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Frigoglass SAIC jumping above the current price in 90 days from now is about 73.79%. The Frigoglass SAIC probability density function shows the probability of Frigoglass SAIC stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Frigoglass SAIC has a beta of -1.9729. This usually indicates as returns on its benchmark rise, returns on holding Frigoglass SAIC are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Frigoglass SAIC is expected to outperform its benchmark. Additionally, frigoglass SAIC has an alpha of 0.5438, implying that it can generate a 0.54 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.3HorizonTargetOdds Above 0.3
26.12%90 days
 0.30 
73.79%
Based on a normal probability distribution, the odds of Frigoglass SAIC to move above the current price in 90 days from now is about 73.79 (This Frigoglass SAIC probability density function shows the probability of Frigoglass Stock to fall within a particular range of prices over 90 days) .

Frigoglass SAIC Risk Profiles

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

Frigoglass Stock Against Markets

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

Elected by the shareholders, the Frigoglass SAIC's board of directors comprises two types of representatives: Frigoglass SAIC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Frigoglass. The board's role is to monitor Frigoglass SAIC's management team and ensure that shareholders' interests are well served. Frigoglass SAIC'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, Frigoglass SAIC's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Frigoglass Stock?

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

The danger of trading Frigoglass SAIC 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 Frigoglass SAIC 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 Frigoglass SAIC. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Frigoglass SAIC 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 Frigoglass SAIC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Frigoglass Stock analysis

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