Atlas Copco (Sweden) Today
| ATCO-A Stock | SEK 177.95 1.90 1.08% |
Performance9 of 100
| Odds Of DistressLess than 9
|
Atlas Copco is trading at 177.95 as of the 24th of April 2024, a 1.08 percent up since the beginning of the trading day. The stock's open price was 176.05. Atlas Copco has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Atlas Copco AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of January 2024 and ending today, the 24th of April 2024. Click here to learn more.
Atlas Copco AB, together with its subsidiaries, provides productivity solutions. The company was founded in 1873 and is headquartered in Nacka, Sweden. Atlas Copco operates under Specialty Industrial Machinery classification in Sweden and is traded on Stockholm Stock Exchange. The company has 3.31 B outstanding shares. More on Atlas Copco AB
Moving together with Atlas Stock
| 0.98 | ATCO-B | Atlas Copco AB | PairCorr |
| 0.69 | OPTI | OptiCept Technologies | PairCorr |
Moving against Atlas Stock
| 0.84 | INTRUM | Intrum Justitia AB Earnings Call Today | PairCorr |
| 0.74 | BEGR | BE Group AB | PairCorr |
Atlas 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. Atlas Copco's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Atlas Copco or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Specialty Industrial Machinery, Industrials (View all Sectors) |
Atlas Copco AB (ATCO-A) is traded on Stockholm Exchange in Sweden and employs 48,951 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 601.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Atlas Copco's market, we take the total number of its shares issued and multiply it by Atlas Copco'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. Atlas Copco AB operates under Industrials sector and is part of Specialty Industrial Machinery industry. The entity has 3.31 B outstanding shares.
Atlas Copco AB has accumulated about 11.25 B in cash with 21.38 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.03.
Check Atlas Copco Probability Of Bankruptcy
Ownership AllocationAtlas Copco AB retains a total of 3.31 Billion outstanding shares. The majority of Atlas Copco AB outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Atlas Copco AB to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Atlas Copco. Please pay attention to any change in the institutional holdings of Atlas Copco 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 Atlas Ownership Details
Atlas Stock Price Odds Analysis
What are Atlas Copco's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Atlas Copco jumping above the current price in 90 days from now is about 49.24%. The Atlas Copco AB probability density function shows the probability of Atlas Copco stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Atlas Copco has a beta of 0.2881. This suggests as returns on the market go up, Atlas Copco average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Atlas Copco AB will be expected to be much smaller as well. Additionally, atlas Copco AB has an alpha of 0.1021, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Atlas Copco to move above the current price in 90 days from now is about 49.24 (This Atlas Copco AB probability density function shows the probability of Atlas Stock to fall within a particular range of prices over 90 days) .
Atlas Copco AB Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Atlas Copco market risk premium is the additional return an investor will receive from holding Atlas Copco 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 Atlas Copco. 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 Atlas Copco's alpha and beta are two of the key measurements used to evaluate Atlas Copco's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.838 | |||
| Semi Deviation | 0.8146 | |||
| Standard Deviation | 1.11 | |||
| Variance | 1.24 |
Atlas Stock Against Markets
Picking the right benchmark for Atlas Copco 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 Atlas Copco 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 Atlas Copco is critical whether you are bullish or bearish towards Atlas Copco AB at a given time. Please also check how Atlas Copco'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 Atlas Copco 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 |
Atlas Copco Corporate Management
Elected by the shareholders, the Atlas Copco's board of directors comprises two types of representatives: Atlas Copco inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Atlas. The board's role is to monitor Atlas Copco's management team and ensure that shareholders' interests are well served. Atlas Copco'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, Atlas Copco's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mats Hgberg | Chief VP | Profile | |
| Peter Kinnart | VP CFO | Profile | |
| Cecilia Sandberg | VP Officer | Profile | |
| Sara Liljedal | VP Officer | Profile | |
| Lars Eklof | Pres Systems | Profile | |
| Eva Klasen | VP Officer | Profile | |
| Daniel Althoff | VP Relations | Profile |
How to buy Atlas Stock?
Before investing in Atlas Copco, 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 Atlas Copco. To buy Atlas Copco stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Atlas Copco. 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 Atlas Copco stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Atlas Copco 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 Atlas Copco 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 Atlas Copco 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 Atlas Copco AB?
The danger of trading Atlas Copco 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 Atlas Copco 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 Atlas Copco. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Atlas Copco 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 Atlas Copco 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Atlas Stock analysis
When running Atlas Copco's price analysis, check to measure Atlas Copco'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 Atlas Copco is operating at the current time. Most of Atlas Copco's value examination focuses on studying past and present price action to predict the probability of Atlas Copco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlas Copco's price. Additionally, you may evaluate how the addition of Atlas Copco to your portfolios can decrease your overall portfolio volatility.
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