Tele2 AB (Sweden) Today
| TEL2-A Stock | SEK 105.00 2.00 1.87% |
Performance8 of 100
| Odds Of DistressLess than 36
|
Tele2 AB is trading at 105.00 as of the 25th of April 2024, a -1.87 percent decrease since the beginning of the trading day. The stock's open price was 107.0. Tele2 AB has about a 36 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Tele2 AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of May 2023 and ending today, the 25th of April 2024. Click here to learn more.
Tele2 AB , a telecom operator, provides telecommunication services for residential and business customers. Tele2 AB was founded in 1993 and is headquartered in Stockholm, Sweden. Tele2 AB operates under Telecom Services classification in Sweden and is traded on Stockholm Stock Exchange. The company has 22.55 M outstanding shares. More on Tele2 AB
Moving together with Tele2 Stock
| 0.86 | TEL2-B | Tele2 AB | PairCorr |
| 0.67 | TIGO-SDB | Millicom International | PairCorr |
Moving against Tele2 Stock
| 0.43 | SINCH | Sinch AB | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Tele2 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. Tele2 AB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tele2 AB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Telecom Services, Communication Services (View all Sectors) |
Tele2 AB (TEL2-A) is traded on Stockholm Exchange in Sweden and employs 10 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 61.81 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tele2 AB's market, we take the total number of its shares issued and multiply it by Tele2 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. Tele2 AB operates under Communication Services sector and is part of Telecom Services industry. The entity has 22.55 M outstanding shares.
Tele2 AB has accumulated about 880 M in cash with 10.3 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.4.
Check Tele2 AB Probability Of Bankruptcy
Ownership AllocationTele2 AB maintains a total of 22.55 Million outstanding shares. The majority of Tele2 AB outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Tele2 AB to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Tele2 AB. Please pay attention to any change in the institutional holdings of Tele2 AB as this could imply that 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 Tele2 Ownership Details
Tele2 Stock Price Odds Analysis
What are Tele2 AB's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Tele2 AB jumping above the current price in 90 days from now is near 1%. The Tele2 AB probability density function shows the probability of Tele2 AB stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Tele2 AB has a beta of -0.6332. This usually implies as returns on the benchmark increase, returns on holding Tele2 AB are expected to decrease at a much lower rate. During a bear market, however, Tele2 AB is likely to outperform the market. Additionally, tele2 AB has an alpha of 0.3027, implying that it can generate a 0.3 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Tele2 AB to move above the current price in 90 days from now is near 1 (This Tele2 AB probability density function shows the probability of Tele2 Stock to fall within a particular range of prices over 90 days) .
Tele2 AB Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Tele2 AB market risk premium is the additional return an investor will receive from holding Tele2 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 Tele2 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 Tele2 AB's alpha and beta are two of the key measurements used to evaluate Tele2 AB's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.05 | |||
| Semi Deviation | 2.17 | |||
| Standard Deviation | 2.84 | |||
| Variance | 8.07 |
Tele2 Stock Against Markets
Picking the right benchmark for Tele2 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 Tele2 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 Tele2 AB is critical whether you are bullish or bearish towards Tele2 AB at a given time. Please also check how Tele2 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 Tele2 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?
Run Sectors Now
SectorsList of equity sectors categorizing publicly traded companies based on their primary business activities |
| All Next | Launch Module |
Tele2 AB Corporate Management
Elected by the shareholders, the Tele2 AB's board of directors comprises two types of representatives: Tele2 AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tele2. The board's role is to monitor Tele2 AB's management team and ensure that shareholders' interests are well served. Tele2 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, Tele2 AB's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Charlotte Hansson | Ex CFO | Profile | |
| Kjell Johnsen | Pres CEO | Profile | |
| Dmirty Petrov | Director Management | Profile | |
| Joel Ibson | Head Communications | Profile | |
| Karin Svensson | Ex Change | Profile | |
| Jan Berntsson | Head Audit | Profile | |
| Jonas Lundquist | Marketing Director | Profile |
How to buy Tele2 Stock?
Before investing in Tele2 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 Tele2 AB. To buy Tele2 AB stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tele2 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 Tele2 AB stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Tele2 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 Tele2 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 Tele2 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.
Already Invested in Tele2 AB?
The danger of trading Tele2 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 Tele2 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 Tele2 AB. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tele2 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tele2 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Tele2 Stock analysis
When running Tele2 AB's price analysis, check to measure Tele2 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 Tele2 AB is operating at the current time. Most of Tele2 AB's value examination focuses on studying past and present price action to predict the probability of Tele2 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 Tele2 AB's price. Additionally, you may evaluate how the addition of Tele2 AB to your portfolios can decrease your overall portfolio volatility.
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