Attendo AB (Sweden) Today
| ATT Stock | SEK 47.00 0.60 1.29% |
Performance11 of 100
| Odds Of DistressLess than 36
|
Attendo AB is selling for under 47.00 as of the 19th of April 2024; that is 1.29% increase since the beginning of the trading day. The stock's last reported lowest price was 45.8. Attendo AB has about a 36 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Attendo AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Attendo AB provides financed care services in Sweden, Finland, Norway, and Denmark. The company was founded in 1985 and is headquartered in Danderyd, Sweden. Attendo AB operates under Healthcare Services classification in Sweden and is traded on Stockholm Stock Exchange. The company has 160.93 M outstanding shares. More on Attendo AB
Moving against Attendo Stock
| 0.44 | BRAV | Bravida Holding AB | PairCorr |
Attendo 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. Attendo AB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Attendo AB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Henrik Borelius |
| Business Concentration | Medical Care, Healthcare (View all Sectors) |
Attendo AB (ATT) is traded on Stockholm Exchange in Sweden and employs 27,000 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.7 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Attendo AB's market, we take the total number of its shares issued and multiply it by Attendo 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. Attendo AB operates under Healthcare sector and is part of Medical Care industry. The entity has 160.93 M outstanding shares.
Attendo AB has accumulated about 513 M in cash with 1.38 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.64.
Check Attendo AB Probability Of Bankruptcy
Ownership AllocationAttendo AB holds a total of 160.93 Million outstanding shares. Over half of Attendo AB's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire 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 Attendo AB. Please watch out for any change in the institutional holdings of Attendo 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 secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Attendo Ownership Details
Attendo Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Attendo AB jumping above the current price in 90 days from now is near 1%. The Attendo AB probability density function shows the probability of Attendo AB stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Attendo AB has a beta of -0.4201. This suggests as returns on the benchmark increase, returns on holding Attendo AB are expected to decrease at a much lower rate. During a bear market, however, Attendo AB is likely to outperform the market. Additionally, attendo AB has an alpha of 0.3247, implying that it can generate a 0.32 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Attendo AB to move above the current price in 90 days from now is near 1 (This Attendo AB probability density function shows the probability of Attendo Stock to fall within a particular range of prices over 90 days) .
Attendo AB Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Attendo AB market risk premium is the additional return an investor will receive from holding Attendo 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 Attendo 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 Attendo AB's alpha and beta are two of the key measurements used to evaluate Attendo AB's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.31 | |||
| Semi Deviation | 1.3 | |||
| Standard Deviation | 1.76 | |||
| Variance | 3.11 |
Attendo Stock Against Markets
Picking the right benchmark for Attendo 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 Attendo 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 Attendo AB is critical whether you are bullish or bearish towards Attendo AB at a given time. Please also check how Attendo 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 Attendo 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?
Run Stocks Directory Now
Stocks DirectoryFind actively traded stocks across global markets |
| All Next | Launch Module |
Attendo AB Corporate Management
Elected by the shareholders, the Attendo AB's board of directors comprises two types of representatives: Attendo AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Attendo. The board's role is to monitor Attendo AB's management team and ensure that shareholders' interests are well served. Attendo 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, Attendo AB's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Martin Tiveus | CEO Pres | Profile | |
| Rebecca Birck | Head Control | Profile | |
| Stefan Svanstrom | Head Communications | Profile | |
| Andreas Koch | Communications Director | Profile | |
| Fredrik Lagercrantz | Chief Officer | Profile |
How to buy Attendo Stock?
Before investing in Attendo 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 Attendo AB. To buy Attendo AB stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Attendo 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 Attendo AB stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Attendo 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 Attendo 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 Attendo 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 Attendo AB?
The danger of trading Attendo 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 Attendo 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 Attendo AB. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Attendo 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 Attendo 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Attendo Stock analysis
When running Attendo AB's price analysis, check to measure Attendo 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 Attendo AB is operating at the current time. Most of Attendo AB's value examination focuses on studying past and present price action to predict the probability of Attendo 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 Attendo AB's price. Additionally, you may evaluate how the addition of Attendo AB to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |