Tomra Systems Asa Stock Today
| TMRAF Stock | USD 13.37 0.39 2.83% |
Performance9 of 100
| Odds Of DistressLess than 10
|
Tomra Systems is trading at 13.37 as of the 19th of April 2024. This is a -2.83% down since the beginning of the trading day. The stock's lowest day price was 13.37. Tomra Systems has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Tomra Systems ASA 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.
Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. The company was founded in 1972 and is headquartered in Asker, Norway. TOMRA SYSTEMS operates under Waste Management classification in the United States and is traded on OTC Exchange. The company has 295.24 M outstanding shares. More on Tomra Systems ASA
Moving together with Tomra Pink Sheet
| 0.93 | WM | Waste Management Earnings Call This Week | PairCorr |
| 0.91 | RSG | Republic Services Financial Report 25th of April 2024 | PairCorr |
| 0.9 | WCN | Waste Connections Earnings Call This Week | PairCorr |
| 0.9 | CWST | Casella Waste Systems Earnings Call This Week | PairCorr |
Moving against Tomra Pink Sheet
| 0.73 | PTAIF | PT Astra International | PairCorr |
Follow Valuation Odds of Bankruptcy
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Tomra 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. Tomra Systems' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tomra Systems or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and Pres | Stefan Ranstrand |
| Business Concentration | Waste Management, Industrials (View all Sectors) |
Tomra Systems ASA [TMRAF] 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 5.21 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tomra Systems's market, we take the total number of its shares issued and multiply it by Tomra Systems'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. Tomra Systems ASA classifies itself under Industrials sector and is part of Waste Management industry. The entity has 295.24 M outstanding shares.
Tomra Systems ASA has accumulated about 659.9 M in cash with 1.81 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.23.
Check Tomra Systems Probability Of Bankruptcy
Ownership AllocationTomra Systems maintains a total of 295.24 Million outstanding shares. The majority of Tomra Systems ASA outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Tomra Systems to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Tomra Systems ASA. Please pay attention to any change in the institutional holdings of Tomra Systems ASA as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Tomra Ownership Details
Tomra Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Tomra Systems jumping above the current price in 90 days from now is about 39.08%. The Tomra Systems ASA probability density function shows the probability of Tomra Systems pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the pink sheet has a beta coefficient of 1.3244. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Tomra Systems will likely underperform. Additionally, tomra Systems ASA has an alpha of 0.3241, 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 Tomra Systems to move above the current price in 90 days from now is about 39.08 (This Tomra Systems ASA probability density function shows the probability of Tomra Pink Sheet to fall within a particular range of prices over 90 days) .
Tomra Systems ASA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Tomra Systems market risk premium is the additional return an investor will receive from holding Tomra Systems 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 Tomra Systems. 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 Tomra Systems' alpha and beta are two of the key measurements used to evaluate Tomra Systems' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.44 | |||
| Semi Deviation | 2.02 | |||
| Standard Deviation | 4.8 | |||
| Variance | 23.08 |
Tomra Stock Against Markets
Picking the right benchmark for Tomra Systems 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 Tomra Systems 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 Tomra Systems is critical whether you are bullish or bearish towards Tomra Systems ASA at a given time. Please also check how Tomra Systems' 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 Tomra Systems 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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| All Next | Launch Module |
Tomra Systems Corporate Directors
Tomra Systems corporate directors refer to members of a Tomra Systems board of directors. The board of directors generally takes responsibility for the Tomra Systems' 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 Tomra Systems' board members must vote for the resolution. The Tomra Systems board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Elisabet Sandnes | Investor Relation Officer/ M&A Director | Profile | |
| Bente Traa | Director, Employee Representative | Profile | |
| Bjarn Matre | Director | Profile | |
| Bodil Gallon | Director | Profile |
How to buy Tomra Pink Sheet?
Before investing in Tomra Systems, 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 Tomra Systems. To buy Tomra Systems stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tomra Systems. 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 Tomra Systems stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Tomra Systems ASA 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 Tomra Systems ASA 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 Tomra Systems ASA, 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 Tomra Systems ASA?
The danger of trading Tomra Systems ASA 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 Tomra Systems 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 Tomra Systems. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tomra Systems ASA 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 Tomra Systems ASA. 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 Tomra Systems ASA information on this page should be used as a complementary analysis to other Tomra Systems' 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Tomra Pink Sheet analysis
When running Tomra Systems' price analysis, check to measure Tomra Systems' 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 Tomra Systems is operating at the current time. Most of Tomra Systems' value examination focuses on studying past and present price action to predict the probability of Tomra Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tomra Systems' price. Additionally, you may evaluate how the addition of Tomra Systems to your portfolios can decrease your overall portfolio volatility.
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