Autodesk (Germany) Today

AUD Stock  EUR 241.10  1.75  0.72%   

Performance

8 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Autodesk is selling for under 241.10 as of the 28th of March 2024; that is -0.72 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 239.15. Autodesk 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 Autodesk are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.

Moving together with Autodesk Stock

  0.89MSF MicrosoftPairCorr
  0.86MSF MicrosoftPairCorr
  0.84MSF MicrosoftPairCorr

Moving against Autodesk Stock

  0.62DBPD Xtrackers - ShortDAXPairCorr
Follow Valuation Odds of Bankruptcy
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Autodesk 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. Autodesk's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Autodesk or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationOther, Other (View all Sectors)
Autodesk (AUD) is traded on Dusseldorf Exchange in Germany . The company currently falls under 'Large-Cap' category with a current market capitalization of 52.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Autodesk's market, we take the total number of its shares issued and multiply it by Autodesk'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. Autodesk operates under Other sector and is part of Other industry. The entity has 0 outstanding shares. Autodesk generates positive cash flow from operations, but has no cash available
Check Autodesk Probability Of Bankruptcy

Autodesk Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Autodesk jumping above the current price in 90 days from now is about 16.11%. The Autodesk probability density function shows the probability of Autodesk stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Autodesk has a beta of -0.4908. This suggests as returns on benchmark increase, returns on holding Autodesk are expected to decrease at a much lower rate. During the bear market, however, Autodesk is likely to outperform the market. Additionally, autodesk has an alpha of 0.2039, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 241.15HorizonTargetOdds Above 241.15
83.73%90 days
 241.15 
16.11%
Based on a normal probability distribution, the odds of Autodesk to move above the current price in 90 days from now is about 16.11 (This Autodesk probability density function shows the probability of Autodesk Stock to fall within a particular range of prices over 90 days) .

Autodesk Risk Profiles

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

Autodesk Stock Against Markets

Picking the right benchmark for Autodesk 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 Autodesk 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 Autodesk is critical whether you are bullish or bearish towards Autodesk at a given time. Please also check how Autodesk'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 Autodesk 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.

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How to buy Autodesk Stock?

Before investing in Autodesk, 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 Autodesk. To buy Autodesk stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Autodesk. 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 Autodesk stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Autodesk 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 Autodesk 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 Autodesk, 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. For more information on how to buy Autodesk Stock please use our How to Invest in Autodesk guide.

Already Invested in Autodesk?

The danger of trading Autodesk 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 Autodesk 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 Autodesk. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Autodesk 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.
When determining whether Autodesk is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Autodesk Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Autodesk Stock. Highlighted below are key reports to facilitate an investment decision about Autodesk Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Autodesk. 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.
For more information on how to buy Autodesk Stock please use our How to Invest in Autodesk guide.
Note that the Autodesk information on this page should be used as a complementary analysis to other Autodesk'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Autodesk's price analysis, check to measure Autodesk'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 Autodesk is operating at the current time. Most of Autodesk's value examination focuses on studying past and present price action to predict the probability of Autodesk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Autodesk's price. Additionally, you may evaluate how the addition of Autodesk to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Autodesk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Autodesk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autodesk'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.