Ssab Ab Adr Stock Today
| SSAAY Stock | USD 2.93 0.02 0.69% |
Performance0 of 100
| Odds Of DistressLess than 43
|
SSAB AB is trading at 2.93 as of the 23rd of April 2024; that is 0.69 percent increase since the beginning of the trading day. The stock's open price was 2.91. SSAB AB has about a 43 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 SSAB AB ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of July 2023 and ending today, the 23rd of April 2024. Click here to learn more.
SSAB AB produces and sells steel products in the United States, Sweden, Finland, Germany, Denmark, and internationally. SSAB AB was founded in 1878 and is headquartered in Stockholm, Sweden. Ssab Svenskt operates under Steel classification in the United States and is traded on OTC Exchange. The company has 2.06 B outstanding shares. More on SSAB AB ADR
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SSAB Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SSAB AB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SSAB AB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Martin Lindqvist |
| Business Concentration | Steel, Basic Materials (View all Sectors) |
SSAB AB ADR [SSAAY] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SSAB AB's market, we take the total number of its shares issued and multiply it by SSAB 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. SSAB AB ADR classifies itself under Basic Materials sector and is part of Steel industry. The entity has 2.06 B outstanding shares.
SSAB AB ADR has accumulated about 467.06 M in cash with 14.87 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23.
Check SSAB AB Probability Of Bankruptcy
SSAB Stock Price Odds Analysis
Based on a normal probability distribution, the odds of SSAB AB jumping above the current price in 90 days from now is close to 99%. The SSAB AB ADR probability density function shows the probability of SSAB AB pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon SSAB AB has a beta of 0.6783. This usually implies as returns on the market go up, SSAB AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SSAB AB ADR will be expected to be much smaller as well. Additionally, sSAB AB ADR has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of SSAB AB to move above the current price in 90 days from now is close to 99 (This SSAB AB ADR probability density function shows the probability of SSAB Pink Sheet to fall within a particular range of prices over 90 days) .
SSAB AB ADR Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. SSAB AB market risk premium is the additional return an investor will receive from holding SSAB 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 SSAB 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 SSAB AB's alpha and beta are two of the key measurements used to evaluate SSAB AB's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.44 | |||
| Standard Deviation | 1.96 | |||
| Variance | 3.84 | |||
| Risk Adjusted Performance | (0.08) |
SSAB Stock Against Markets
Picking the right benchmark for SSAB AB pink sheet 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 SSAB AB pink sheet 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 SSAB AB is critical whether you are bullish or bearish towards SSAB AB ADR at a given time. Please also check how SSAB 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 SSAB 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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SSAB AB Corporate Directors
SSAB AB corporate directors refer to members of a SSAB AB board of directors. The board of directors generally takes responsibility for the SSAB AB's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of SSAB AB's board members must vote for the resolution. The SSAB AB board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kim Gran | Director | Profile | |
| Annika Lundius | Independent Director | Profile | |
| Tomas Jansson | Director, Employee Representative | Profile | |
| Tomas Westman | Director, Employee Representative | Profile |
How to buy SSAB Pink Sheet?
Before investing in SSAB 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 SSAB AB. To buy SSAB AB stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SSAB 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 SSAB AB stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SSAB AB ADR 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 SSAB AB ADR 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 SSAB AB ADR, 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 SSAB AB ADR?
The danger of trading SSAB AB ADR 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 SSAB 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 SSAB AB. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SSAB AB ADR 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 SSAB AB ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the SSAB AB ADR information on this page should be used as a complementary analysis to other SSAB AB'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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for SSAB Pink Sheet analysis
When running SSAB AB's price analysis, check to measure SSAB 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 SSAB AB is operating at the current time. Most of SSAB AB's value examination focuses on studying past and present price action to predict the probability of SSAB 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 SSAB AB's price. Additionally, you may evaluate how the addition of SSAB AB to your portfolios can decrease your overall portfolio volatility.
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