Betsson AB (Sweden) Today
| BETS-B Stock | SEK 122.50 1.40 1.16% |
Performance3 of 100
| Odds Of DistressLess than 9
|
Betsson AB is trading at 122.50 as of the 1st of May 2024, a 1.16 percent increase since the beginning of the trading day. The stock's open price was 121.1. Betsson AB has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Betsson AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of April 2024 and ending today, the 1st of May 2024. Click here to learn more.
Betsson AB , through its subsidiaries, engages in the online gaming business primarily in the Nordic countries, Western Europe, Central and Easter Europe, Central Asia, and internationally. Betsson AB was founded in 1963 and is based in Stockholm, Sweden. The company has 120.89 M outstanding shares. More on Betsson AB
Moving against Betsson Stock
| 0.7 | SEB-C | Skandinaviska Enskilda | PairCorr |
| 0.61 | SWED-A | Swedbank AB | PairCorr |
| 0.58 | SHB-B | Svenska Handelsbanken | PairCorr |
| 0.58 | SEB-A | Skandinaviska Enskilda | PairCorr |
| 0.57 | VOLV-B | AB Volvo | PairCorr |
| 0.56 | EVO | Evolution AB | PairCorr |
| 0.53 | SHB-A | Svenska Handelsbanken | PairCorr |
Betsson 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. Betsson AB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Betsson AB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Gambling, Consumer Cyclical (View all Sectors) |
Betsson AB (BETS-B) is traded on Stockholm Exchange in Sweden and employs 1,948 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 12.66 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Betsson AB's market, we take the total number of its shares issued and multiply it by Betsson 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. Betsson AB operates under Consumer Cyclical sector and is part of Gambling industry. The entity has 120.89 M outstanding shares.
Betsson AB has accumulated about 95.6 M in cash with 1.46 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.55.
Check Betsson AB Probability Of Bankruptcy
Ownership AllocationBetsson AB retains a total of 120.89 Million outstanding shares. 30% of Betsson AB outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. 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 Betsson Ownership Details
Betsson Stock Price Odds Analysis
What are Betsson AB's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Betsson AB jumping above the current price in 90 days from now is near 1%. The Betsson AB probability density function shows the probability of Betsson AB stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Betsson AB has a beta of -0.1846 suggesting as returns on the benchmark increase, returns on holding Betsson AB are expected to decrease at a much lower rate. During a bear market, however, Betsson AB is likely to outperform the market. Additionally, betsson AB has an alpha of 0.1756, implying that it can generate a 0.18 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Betsson AB to move above the current price in 90 days from now is near 1 (This Betsson AB probability density function shows the probability of Betsson Stock to fall within a particular range of prices over 90 days) .
Betsson AB Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Betsson AB market risk premium is the additional return an investor will receive from holding Betsson 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 Betsson 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 Betsson AB's alpha and beta are two of the key measurements used to evaluate Betsson AB's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.29 | |||
| Semi Deviation | 2.28 | |||
| Standard Deviation | 2.47 | |||
| Variance | 6.08 |
Betsson Stock Against Markets
Picking the right benchmark for Betsson 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 Betsson 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 Betsson AB is critical whether you are bullish or bearish towards Betsson AB at a given time. Please also check how Betsson 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 Betsson 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 |
Betsson AB Corporate Management
Elected by the shareholders, the Betsson AB's board of directors comprises two types of representatives: Betsson AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Betsson. The board's role is to monitor Betsson AB's management team and ensure that shareholders' interests are well served. Betsson 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, Betsson AB's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ulf Bergstrm | Chief Ab | Profile | |
| Jonas Rodny | Interim Relation | Profile | |
| Johan Sjoberg | Legal Counsel | Profile | |
| Roland Glasfors | VP Relations | Profile | |
| Pontus Lindwall | Pres CEO | Profile | |
| Martin Ohman | Chief Officer | Profile | |
| Fredric Lunden | Risk Governance | Profile |
How to buy Betsson Stock?
Before investing in Betsson 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 Betsson AB. To buy Betsson AB stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Betsson 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 Betsson AB stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Betsson 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 Betsson 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 Betsson 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 Betsson AB?
The danger of trading Betsson 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 Betsson 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 Betsson AB. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Betsson 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 Betsson 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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Betsson Stock analysis
When running Betsson AB's price analysis, check to measure Betsson 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 Betsson AB is operating at the current time. Most of Betsson AB's value examination focuses on studying past and present price action to predict the probability of Betsson 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 Betsson AB's price. Additionally, you may evaluate how the addition of Betsson AB to your portfolios can decrease your overall portfolio volatility.
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