AB Electrolux (Sweden) Today

ELUX-B Stock  SEK 94.80  2.32  2.39%   

Performance

0 of 100

 
Low
 
High
Very Weak

Odds Of Distress

Less than 38

 
100  
 
Zero
Below Average
AB Electrolux is trading at 94.80 as of the 28th of March 2024, a -2.39 percent decrease since the beginning of the trading day. The stock's open price was 97.12. AB Electrolux has about a 38 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for AB Electrolux 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.
AB Electrolux , together with its subsidiaries, manufactures and sells household appliances and appliances for professional use. AB Electrolux was founded in 1901 and is headquartered in Stockholm, Sweden. Electrolux operates under Consumer Electronics classification in Sweden and is traded on Stockholm Stock Exchange. The company has 261.84 M outstanding shares. More on AB Electrolux

Moving together with ELUX-B Stock

  0.77ELUX-A AB ElectroluxPairCorr
  0.78DOM Dometic Group ABPairCorr
  0.75KJELL Kjell Group ABPairCorr

Moving against ELUX-B Stock

  0.85SHB-B Svenska HandelsbankenPairCorr
  0.83SHB-A Svenska HandelsbankenPairCorr
  0.8SEB-C Skandinaviska EnskildaPairCorr
  0.71SEB-A Skandinaviska EnskildaPairCorr
  0.66SWED-A Swedbank ABPairCorr
  0.55VOLV-A AB VolvoPairCorr
  0.54VOLV-B AB VolvoPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

ELUX-B 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. AB Electrolux's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AB Electrolux or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationConsumer Electronics, Technology (View all Sectors)
AB Electrolux (ELUX-B) is traded on Stockholm Exchange in Sweden and employs 51,000 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 35.09 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AB Electrolux's market, we take the total number of its shares issued and multiply it by AB Electrolux'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. AB Electrolux operates under Technology sector and is part of Consumer Electronics industry. The entity has 261.84 M outstanding shares. AB Electrolux has accumulated about 17.56 B in cash with (2.27 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 27.42.
Check AB Electrolux Probability Of Bankruptcy
Ownership Allocation
AB Electrolux shows a total of 261.84 Million outstanding shares. 30% of AB Electrolux outstanding shares are owned by institutions. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Hence, 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. 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 ELUX-B Ownership Details

ELUX-B Stock Price Odds Analysis

What are AB Electrolux's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of AB Electrolux jumping above the current price in 90 days from now is about 50.59%. The AB Electrolux probability density function shows the probability of AB Electrolux stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon AB Electrolux has a beta of 0.7116 suggesting as returns on the market go up, AB Electrolux average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AB Electrolux will be expected to be much smaller as well. Additionally, aB Electrolux has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 94.8HorizonTargetOdds Above 94.8
49.23%90 days
 94.80 
50.59%
Based on a normal probability distribution, the odds of AB Electrolux to move above the current price in 90 days from now is about 50.59 (This AB Electrolux probability density function shows the probability of ELUX-B Stock to fall within a particular range of prices over 90 days) .

AB Electrolux Risk Profiles

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

ELUX-B Stock Against Markets

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

   

Commodity Channel

Use Commodity Channel Index to analyze current equity momentum
All  Next Launch Module

AB Electrolux Corporate Management

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

How to buy ELUX-B Stock?

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

The danger of trading AB Electrolux 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 AB Electrolux 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 AB Electrolux. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AB Electrolux 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in AB Electrolux. 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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for ELUX-B Stock analysis

When running AB Electrolux's price analysis, check to measure AB Electrolux'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 AB Electrolux is operating at the current time. Most of AB Electrolux's value examination focuses on studying past and present price action to predict the probability of AB Electrolux's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AB Electrolux's price. Additionally, you may evaluate how the addition of AB Electrolux to your portfolios can decrease your overall portfolio volatility.
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Bonds Directory
Find actively traded corporate debentures issued by US companies
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Please note, there is a significant difference between AB Electrolux's value and its price as these two are different measures arrived at by different means. Investors typically determine if AB Electrolux is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AB Electrolux'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.