SSAB AB (Finland) Today
| SSABAH Stock | EUR 5.57 0.05 0.91% |
Performance0 of 100
| Odds Of DistressLess than 43
|
SSAB AB is trading at 5.57 as of the 19th of April 2024, a 0.91 percent up since the beginning of the trading day. The stock's open price was 5.52. SSAB AB has about a 43 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for SSAB AB ser are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
It operates through five segments SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. SSAB AB was founded in 1978 and is headquartered in Stockholm, Sweden. SSAB AB operates under Steel classification in Finland and is traded on Helsinki Exchange. The company has 304.18 M outstanding shares. More on SSAB AB ser
Moving together with SSAB Stock
| 1.0 | SSABBH | SSAB AB ser | PairCorr |
Moving against SSAB Stock
| 0.6 | METSO | Metso Oyj Earnings Call This Week | PairCorr |
| 0.59 | TEM1V | Tecnotree Oyj Earnings Call This Week | PairCorr |
| 0.44 | ROBIT | Robit Oyj Earnings Call This Week | PairCorr |
Follow Valuation Odds of Bankruptcy
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SSAB 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. SSAB AB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SSAB AB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Martin Lindqvist |
| Business Concentration | Steel, Basic Materials (View all Sectors) |
SSAB AB ser (SSABAH) is traded on Helsinki Exchange in Finland and employs 14,492 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.51 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SSAB AB's market, we take the total number of its shares issued and multiply it by SSAB 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. SSAB AB ser operates under Basic Materials sector and is part of Steel industry. The entity has 304.18 M outstanding shares.
SSAB AB ser has accumulated about 467.06 M in cash with 14.87 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.45.
Check SSAB AB Probability Of Bankruptcy
Ownership AllocationSSAB AB ser secures a total of 304.18 Million outstanding shares. SSAB AB ser shows noticeable 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 retains, 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 SSAB Ownership Details
SSAB Stock Price Odds Analysis
What are SSAB AB's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of SSAB AB jumping above the current price in 90 days from now is about 99.0%. The SSAB AB ser probability density function shows the probability of SSAB AB stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon SSAB AB has a beta of 0.8066. This usually implies as returns on the market go up, SSAB AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SSAB AB ser will be expected to be much smaller as well. Additionally, sSAB AB ser 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 SSAB AB to move above the current price in 90 days from now is about 99.0 (This SSAB AB ser probability density function shows the probability of SSAB Stock to fall within a particular range of prices over 90 days) .
SSAB AB ser Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. SSAB AB market risk premium is the additional return an investor will receive from holding SSAB 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 SSAB 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 SSAB AB's alpha and beta are two of the key measurements used to evaluate SSAB AB's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.57 | |||
| Standard Deviation | 2.12 | |||
| Variance | 4.49 | |||
| Risk Adjusted Performance | (0.05) |
SSAB Stock Against Markets
Picking the right benchmark for SSAB 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 SSAB 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 SSAB AB is critical whether you are bullish or bearish towards SSAB AB ser at a given time. Please also check how SSAB 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 SSAB 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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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
| All Next | Launch Module |
SSAB AB Corporate Directors
SSAB AB corporate directors refer to members of a SSAB AB board of directors. The board of directors generally takes responsibility for the SSAB AB's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of SSAB AB's board members must vote for the resolution. The SSAB AB board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kim Gran | Independent Director | Profile | |
| Annika Lundius | Director | Profile | |
| Tomas Jansson | Director, Employee Representative | Profile | |
| Tomas Westman | Director, Employee Representative | Profile |
How to buy SSAB Stock?
Before investing in SSAB 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 SSAB AB. To buy SSAB AB stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SSAB 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 SSAB AB stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SSAB 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 SSAB 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 SSAB 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 SSAB AB ser?
The danger of trading SSAB 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 SSAB 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 SSAB AB. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SSAB 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SSAB 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 nation. Note that the SSAB AB ser information on this page should be used as a complementary analysis to other SSAB AB'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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for SSAB Stock analysis
When running SSAB AB's price analysis, check to measure SSAB 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 SSAB AB is operating at the current time. Most of SSAB AB's value examination focuses on studying past and present price action to predict the probability of SSAB 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 SSAB AB's price. Additionally, you may evaluate how the addition of SSAB AB to your portfolios can decrease your overall portfolio volatility.
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