TietoEVRY Corp (Finland) Today
| TIETO Stock | 19.12 0.07 0.36% |
Performance0 of 100
| Odds Of DistressLess than 9
|
TietoEVRY Corp is trading at 19.12 as of the 16th of April 2024. This is a -0.36 percent decrease since the beginning of the trading day. The stock's open price was 19.19. TietoEVRY Corp has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for TietoEVRY Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
Moving against TietoEVRY Stock
| 0.8 | STERV | Stora Enso Oyj | PairCorr |
| 0.8 | STEAV | Stora Enso Oyj | PairCorr |
| 0.53 | NDA-FI | Nordea Bank Abp Earnings Call This Week | PairCorr |
Follow Valuation Odds of Bankruptcy
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TietoEVRY 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. TietoEVRY Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TietoEVRY Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Information Technology Services, Technology (View all Sectors) |
TietoEVRY Corp (TIETO) is traded on Helsinki Exchange in Finland and employs 24,509 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.42 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TietoEVRY Corp's market, we take the total number of its shares issued and multiply it by TietoEVRY Corp'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. TietoEVRY Corp operates under Technology sector and is part of Information Technology Services industry. The entity has 118.41 M outstanding shares.
TietoEVRY Corp generates positive cash flow from operations, but has no cash available
Check TietoEVRY Corp Probability Of Bankruptcy
Ownership AllocationTietoEVRY Corp shows a total of 118.41 Million outstanding shares. Over half of TietoEVRY Corp's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take 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 TietoEVRY Corp. Please watch out for any change in the institutional holdings of TietoEVRY Corp as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, 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 TietoEVRY Ownership Details
TietoEVRY Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of TietoEVRY Corp jumping above the current price in 90 days from now is about 97.0%. The TietoEVRY Corp probability density function shows the probability of TietoEVRY Corp stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon TietoEVRY Corp has a beta of 0.5788. This usually implies as returns on the market go up, TietoEVRY Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TietoEVRY Corp will be expected to be much smaller as well. Additionally, tietoEVRY Corp 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 TietoEVRY Corp to move above the current price in 90 days from now is about 97.0 (This TietoEVRY Corp probability density function shows the probability of TietoEVRY Stock to fall within a particular range of prices over 90 days) .
TietoEVRY Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. TietoEVRY Corp market risk premium is the additional return an investor will receive from holding TietoEVRY Corp 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 TietoEVRY Corp. 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 TietoEVRY Corp's alpha and beta are two of the key measurements used to evaluate TietoEVRY Corp's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.02 | |||
| Standard Deviation | 1.35 | |||
| Variance | 1.83 | |||
| Risk Adjusted Performance | (0.04) |
TietoEVRY Stock Against Markets
Picking the right benchmark for TietoEVRY Corp 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 TietoEVRY Corp 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 TietoEVRY Corp is critical whether you are bullish or bearish towards TietoEVRY Corp at a given time. Please also check how TietoEVRY Corp'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 TietoEVRY Corp 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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Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
| All Next | Launch Module |
TietoEVRY Corp Corporate Management
Elected by the shareholders, the TietoEVRY Corp's board of directors comprises two types of representatives: TietoEVRY Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TietoEVRY. The board's role is to monitor TietoEVRY Corp's management team and ensure that shareholders' interests are well served. TietoEVRY Corp'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, TietoEVRY Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ari MSc | Managing Industry | Profile | |
| Pivi Huuhtanen | Head Relations | Profile | |
| Jussi Tokola | G Counsel | Profile | |
| Tomi Hyrylainen | Chief Officer | Profile | |
| Tanja Lounevirta | Head Communications | Profile | |
| Satu Kiiskinen | Managing Transform | Profile | |
| Malin ForsSkjveland | Head Operations | Profile |
How to buy TietoEVRY Stock?
Before investing in TietoEVRY Corp, 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 TietoEVRY Corp. To buy TietoEVRY Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of TietoEVRY Corp. 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 TietoEVRY Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located TietoEVRY Corp 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 TietoEVRY Corp 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 TietoEVRY Corp, 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 TietoEVRY Corp?
The danger of trading TietoEVRY Corp 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 TietoEVRY Corp 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 TietoEVRY Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TietoEVRY Corp 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 TietoEVRY Corp. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for TietoEVRY Stock analysis
When running TietoEVRY Corp's price analysis, check to measure TietoEVRY Corp'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 TietoEVRY Corp is operating at the current time. Most of TietoEVRY Corp's value examination focuses on studying past and present price action to predict the probability of TietoEVRY Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TietoEVRY Corp's price. Additionally, you may evaluate how the addition of TietoEVRY Corp to your portfolios can decrease your overall portfolio volatility.
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