Getinge AB (Sweden) Today
| GETI-B Stock | SEK 232.30 0.40 0.17% |
Performance12 of 100
| Odds Of DistressLess than 9
|
Getinge AB is trading at 232.30 as of the 6th of May 2024, a 0.17 percent increase since the beginning of the trading day. The stock's open price was 231.9. Getinge AB has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Getinge AB ser are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of April 2024 and ending today, the 6th of May 2024. Click here to learn more.
Getinge AB provides products and solutions for operating rooms, intensive-care units, sterilization departments, and life science companies and institutions. Getinge AB was founded in 1904 and is headquartered in Gothenburg, Sweden. Getinge AB operates under Medical Instruments Supplies classification in Sweden and is traded on Stockholm Stock Exchange. The company has 272.37 M outstanding shares. More on Getinge AB ser
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Follow Valuation Odds of Bankruptcy
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Getinge 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. Getinge AB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Getinge AB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Medical Instruments & Supplies, Healthcare (View all Sectors) |
Getinge AB ser (GETI-B) is traded on Stockholm Exchange in Sweden and employs 11 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 66.86 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Getinge AB's market, we take the total number of its shares issued and multiply it by Getinge 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. Getinge AB ser operates under Healthcare sector and is part of Medical Instruments & Supplies industry. The entity has 272.37 M outstanding shares.
Getinge AB ser has accumulated about 4.08 B in cash with 6.56 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.73.
Check Getinge AB Probability Of Bankruptcy
Ownership AllocationGetinge AB secures a total of 272.37 Million outstanding shares. Over half of Getinge AB's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase 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 Getinge AB ser. Please watch out for any change in the institutional holdings of Getinge AB as this could mean something significant has changed or is about to change at the company. 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 Getinge Ownership Details
Getinge Stock Price Odds Analysis
What are Getinge AB's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Getinge AB jumping above the current price in 90 days from now is about 1.89%. The Getinge AB ser probability density function shows the probability of Getinge AB stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Getinge AB has a beta of 0.1152. This usually indicates as returns on the market go up, Getinge AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Getinge AB ser will be expected to be much smaller as well. Additionally, getinge AB ser has an alpha of 0.1084, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Getinge AB to move above the current price in 90 days from now is about 1.89 (This Getinge AB ser probability density function shows the probability of Getinge Stock to fall within a particular range of prices over 90 days) .
Getinge AB ser Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Getinge AB market risk premium is the additional return an investor will receive from holding Getinge 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 Getinge 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 Getinge AB's alpha and beta are two of the key measurements used to evaluate Getinge AB's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.44 | |||
| Semi Deviation | 2.54 | |||
| Standard Deviation | 2.35 | |||
| Variance | 5.52 |
Getinge Stock Against Markets
Picking the right benchmark for Getinge 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 Getinge 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 Getinge AB is critical whether you are bullish or bearish towards Getinge AB ser at a given time. Please also check how Getinge 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 Getinge 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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| All Next | Launch Module |
Getinge AB Corporate Management
Elected by the shareholders, the Getinge AB's board of directors comprises two types of representatives: Getinge AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Getinge. The board's role is to monitor Getinge AB's management team and ensure that shareholders' interests are well served. Getinge AB'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, Getinge AB's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Magnus Lundback | Ex Sustainability | Profile | |
| Lars MSc | Chief Officer | Profile | |
| Mattias MSc | Pres CEO | Profile | |
| Jeanette Carlsson | Ex Management | Profile | |
| Anna Econ | Compliance Legal | Profile | |
| Carsten Blecker | Chief Officer | Profile | |
| Stephane Roy | Pres Workflows | Profile |
How to buy Getinge Stock?
Before investing in Getinge 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 Getinge AB. To buy Getinge AB stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Getinge 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 Getinge AB stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Getinge AB ser 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 Getinge AB ser 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 Getinge AB ser, 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 Getinge AB ser?
The danger of trading Getinge AB ser 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 Getinge 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 Getinge AB. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Getinge AB ser 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Getinge AB ser. 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Getinge Stock analysis
When running Getinge AB's price analysis, check to measure Getinge 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 Getinge AB is operating at the current time. Most of Getinge AB's value examination focuses on studying past and present price action to predict the probability of Getinge 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 Getinge AB's price. Additionally, you may evaluate how the addition of Getinge AB to your portfolios can decrease your overall portfolio volatility.
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