Addtech AB (Sweden) Today
| ADDT-B Stock | SEK 228.40 4.20 1.81% |
Performance4 of 100
| Odds Of DistressLess than 10
|
Addtech AB is trading at 228.40 as of the 30th of April 2024, a -1.81 percent down since the beginning of the trading day. The stock's open price was 232.6. Addtech AB has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Addtech AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of May 2022 and ending today, the 30th of April 2024. Click here to learn more.
Addtech AB operates as a technology trading company in Sweden, Denmark, Finland, Norway, and internationally. The company was founded in 1906 and is headquartered in Stockholm, Sweden. Addtech AB operates under Industrial Distribution classification in Sweden and is traded on Stockholm Stock Exchange. The company has 256.68 M outstanding shares. More on Addtech AB
Moving together with Addtech Stock
| 0.87 | INDT | Indutrade AB | PairCorr |
Follow Valuation Odds of Bankruptcy
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Addtech 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. Addtech AB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Addtech AB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | IT (View all Themes) |
| Business Concentration | IT, Industrial Distribution, Industrials, Computing (View all Sectors) |
Addtech AB (ADDT-B) is traded on Stockholm Exchange in Sweden and employs 3,861 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 52.66 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Addtech AB's market, we take the total number of its shares issued and multiply it by Addtech 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. Addtech AB operates under Industrials sector and is part of Industrial Distribution industry. The entity has 256.68 M outstanding shares.
Addtech AB has accumulated about 437 M in cash with 1.12 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.47.
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Ownership AllocationAddtech AB holds a total of 256.68 Million outstanding shares. Over half of Addtech AB's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire 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 Addtech AB. Please watch out for any change in the institutional holdings of Addtech AB 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 secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Addtech Stock Price Odds Analysis
What are Addtech AB's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Addtech AB jumping above the current price in 90 days from now is about 69.05%. The Addtech AB probability density function shows the probability of Addtech AB stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Addtech AB has a beta of 0.6745. This suggests as returns on the market go up, Addtech AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Addtech AB will be expected to be much smaller as well. Additionally, addtech AB has an alpha of 0.13, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Addtech AB to move above the current price in 90 days from now is about 69.05 (This Addtech AB probability density function shows the probability of Addtech Stock to fall within a particular range of prices over 90 days) .
Addtech AB Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Addtech AB market risk premium is the additional return an investor will receive from holding Addtech 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 Addtech 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 Addtech AB's alpha and beta are two of the key measurements used to evaluate Addtech AB's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.27 | |||
| Semi Deviation | 1.46 | |||
| Standard Deviation | 1.93 | |||
| Variance | 3.71 |
Addtech Stock Against Markets
Picking the right benchmark for Addtech 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 Addtech 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 Addtech AB is critical whether you are bullish or bearish towards Addtech AB at a given time. Please also check how Addtech AB's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Addtech 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 |
Addtech AB Corporate Management
Elected by the shareholders, the Addtech AB's board of directors comprises two types of representatives: Addtech AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Addtech. The board's role is to monitor Addtech AB's management team and ensure that shareholders' interests are well served. Addtech 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, Addtech AB's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Per Lundblad | Bus Solutions | Profile | |
| Malin MSc | Chief Officer | Profile | |
| Niklas LLB | President, MD | Profile | |
| Claus Nielsen | Bus Process | Profile |
How to buy Addtech Stock?
Before investing in Addtech 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 Addtech AB. To buy Addtech AB stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Addtech 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 Addtech AB stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Addtech 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 Addtech 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 Addtech 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.
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The danger of trading Addtech 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 Addtech 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 Addtech AB. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Addtech 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Addtech 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Addtech Stock analysis
When running Addtech AB's price analysis, check to measure Addtech 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 Addtech AB is operating at the current time. Most of Addtech AB's value examination focuses on studying past and present price action to predict the probability of Addtech 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 Addtech AB's price. Additionally, you may evaluate how the addition of Addtech AB to your portfolios can decrease your overall portfolio volatility.
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