Sectra AB (Sweden) Today
| SECT-B Stock | SEK 217.80 2.20 1.02% |
Performance12 of 100
| Odds Of DistressLess than 9
|
Sectra AB is trading at 217.80 as of the 25th of April 2024, a 1.02 percent increase since the beginning of the trading day. The stock's open price was 215.6. Sectra AB has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Sectra AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of May 2022 and ending today, the 25th of April 2024. Click here to learn more.
Sectra AB provides IT systems for managing medical images and patient information related to diagnostic imaging. The company was founded in 1978 and is headquartered in Linkping, Sweden. SECTRA AB operates under Diagnostics Research classification in Sweden and is traded on Stockholm Stock Exchange. The company has 179.56 M outstanding shares. More on Sectra AB
Moving together with Sectra Stock
| 0.69 | CEVI | CellaVision AB Earnings Call Today | PairCorr |
Moving against Sectra Stock
| 0.59 | SCIB | Scibase AB | PairCorr |
| 0.58 | BOUL | Boule Diagnostics | PairCorr |
| 0.48 | ADDV-A | ADDvise Group AB | PairCorr |
| 0.45 | ERIC-A | Telefonaktiebolaget | PairCorr |
Follow Valuation Odds of Bankruptcy
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Sectra 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. Sectra AB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sectra AB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Diagnostics & Research, Healthcare (View all Sectors) |
Sectra AB (SECT-B) is traded on Stockholm Exchange in Sweden and employs 988 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 30.21 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sectra AB's market, we take the total number of its shares issued and multiply it by Sectra 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. Sectra AB operates under Healthcare sector and is part of Diagnostics & Research industry. The entity has 179.56 M outstanding shares.
Sectra AB has accumulated about 331.94 M in cash with 616.92 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.65.
Check Sectra AB Probability Of Bankruptcy
Ownership AllocationSectra AB shows a total of 179.56 Million outstanding shares. Over half of Sectra AB's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take 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 Sectra AB. Please watch out for any change in the institutional holdings of Sectra 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 owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Sectra Ownership Details
Sectra Stock Price Odds Analysis
What are Sectra AB's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Sectra AB jumping above the current price in 90 days from now is about 7.24%. The Sectra AB probability density function shows the probability of Sectra AB stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Sectra AB has a beta of 0.2184. This usually implies as returns on the market go up, Sectra AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sectra AB will be expected to be much smaller as well. Additionally, sectra AB has an alpha of 0.2266, implying that it can generate a 0.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Sectra AB to move above the current price in 90 days from now is about 7.24 (This Sectra AB probability density function shows the probability of Sectra Stock to fall within a particular range of prices over 90 days) .
Sectra AB Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sectra AB market risk premium is the additional return an investor will receive from holding Sectra 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 Sectra 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 Sectra AB's alpha and beta are two of the key measurements used to evaluate Sectra AB's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.22 | |||
| Semi Deviation | 0.9729 | |||
| Standard Deviation | 1.55 | |||
| Variance | 2.4 |
Sectra Stock Against Markets
Picking the right benchmark for Sectra 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 Sectra 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 Sectra AB is critical whether you are bullish or bearish towards Sectra AB at a given time. Please also check how Sectra 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 Sectra 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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Sectra AB Corporate Management
Elected by the shareholders, the Sectra AB's board of directors comprises two types of representatives: Sectra AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sectra. The board's role is to monitor Sectra AB's management team and ensure that shareholders' interests are well served. Sectra 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, Sectra AB's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Claes MSc | Chief Officer | Profile | |
| Helena Pettersson | Chief Officer | Profile | |
| Per Andersns | Chief Officer | Profile | |
| Viiveke Fk | Founder | Profile | |
| Fredrik Gustavsson | Chief Officer | Profile | |
| Lisa Everhill | Chief Officer | Profile | |
| Jessica Holmquist | Chief Officer | Profile |
How to buy Sectra Stock?
Before investing in Sectra 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 Sectra AB. To buy Sectra AB stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sectra 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 Sectra AB stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sectra 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 Sectra 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 Sectra 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 Sectra AB?
The danger of trading Sectra 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 Sectra 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 Sectra AB. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sectra 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sectra 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Sectra Stock analysis
When running Sectra AB's price analysis, check to measure Sectra 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 Sectra AB is operating at the current time. Most of Sectra AB's value examination focuses on studying past and present price action to predict the probability of Sectra 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 Sectra AB's price. Additionally, you may evaluate how the addition of Sectra AB to your portfolios can decrease your overall portfolio volatility.
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