Viking Supply (Sweden) Today

VSSAB-B Stock  SEK 98.80  1.20  1.23%   

Performance

5 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 23

 
100  
 
Zero
Low
Viking Supply is trading at 98.80 as of the 28th of March 2024, a 1.23 percent increase since the beginning of the trading day. The stock's open price was 97.6. Viking Supply has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Viking Supply Ships are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of June 2022 and ending today, the 28th of March 2024. Click here to learn more.
Viking Supply Ships AB , a shipping company, provides offshore and icebreaking services to oil-prospecting customers in the North Sea, Arctic, and Subarctic waters. Viking Supply Ships AB is a subsidiary of Viking Invest AS. Viking Supply operates under Shipping classification in Sweden and is traded on Stockholm Stock Exchange. The company has 12.25 M outstanding shares. More on Viking Supply Ships

Moving together with Viking Stock

  0.85INVE-A Investor AB SerPairCorr
  0.85INVE-B Investor AB SerPairCorr
  0.82ATCO-B Atlas Copco ABPairCorr
  0.77ATCO-A Atlas Copco ABPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Viking 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. Viking Supply's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Viking Supply or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationShipping & Ports, Industrials (View all Sectors)
Viking Supply Ships (VSSAB-B) is traded on Stockholm Exchange in Sweden and employs 350 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.35 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Viking Supply's market, we take the total number of its shares issued and multiply it by Viking Supply'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. Viking Supply Ships operates under Industrials sector and is part of Shipping & Ports industry. The entity has 12.25 M outstanding shares. Viking Supply Ships has accumulated about 114.67 M in cash with (57.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 29.59.
Check Viking Supply Probability Of Bankruptcy
Ownership Allocation
Viking Supply maintains a total of 12.25 Million outstanding shares. The majority of Viking Supply Ships outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Viking Supply to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Viking Supply Ships. Please pay attention to any change in the institutional holdings of Viking Supply Ships as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Viking Ownership Details

Viking Stock Price Odds Analysis

What are Viking Supply's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Viking Supply jumping above the current price in 90 days from now is about 13.62%. The Viking Supply Ships probability density function shows the probability of Viking Supply stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Viking Supply has a beta of 0.3979. This entails as returns on the market go up, Viking Supply average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Viking Supply Ships will be expected to be much smaller as well. Additionally, viking Supply Ships has an alpha of 0.0437, implying that it can generate a 0.0437 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 98.8HorizonTargetOdds Above 98.8
86.22%90 days
 98.80 
13.62%
Based on a normal probability distribution, the odds of Viking Supply to move above the current price in 90 days from now is about 13.62 (This Viking Supply Ships probability density function shows the probability of Viking Stock to fall within a particular range of prices over 90 days) .

Viking Supply Ships Risk Profiles

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

Viking Stock Against Markets

Picking the right benchmark for Viking Supply 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 Viking Supply 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 Viking Supply is critical whether you are bullish or bearish towards Viking Supply Ships at a given time. Please also check how Viking Supply'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 Viking Supply 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 Commodity Directory Now

   

Commodity Directory

Find actively traded commodities issued by global exchanges
All  Next Launch Module

Viking Supply Corporate Management

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

How to buy Viking Stock?

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

The danger of trading Viking Supply Ships 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 Viking Supply 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 Viking Supply. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Viking Supply Ships 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 Viking Supply Ships. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Viking Supply Ships information on this page should be used as a complementary analysis to other Viking Supply'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Viking Stock analysis

When running Viking Supply's price analysis, check to measure Viking Supply'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 Viking Supply is operating at the current time. Most of Viking Supply's value examination focuses on studying past and present price action to predict the probability of Viking Supply's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viking Supply's price. Additionally, you may evaluate how the addition of Viking Supply to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Bonds Directory
Find actively traded corporate debentures issued by US companies
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Please note, there is a significant difference between Viking Supply's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viking Supply is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viking Supply'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.