Wirtek AS (Denmark) Today
| WIRTEK Stock | DKK 10.25 0.15 1.44% |
Performance5 of 100
| Odds Of DistressLess than 9
|
Wirtek AS is trading at 10.25 as of the 23rd of April 2024, a -1.44 percent decrease since the beginning of the trading day. The stock's open price was 10.4. Wirtek AS has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Wirtek AS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of June 2023 and ending today, the 23rd of April 2024. Click here to learn more.
Wirtek AS, an IT outsourcing company, provides software solutions and electronic equipment products in Denmark. The company was incorporated in 2001 and is headquartered in Aalborg, Denmark. WirTek AS operates under Information Technology Services classification in Denmark and is traded on Copenhagen Stock Exchange. The company has 7.46 M outstanding shares. More on Wirtek AS
Moving together with Wirtek Stock
| 0.76 | DANSKE | Danske Bank AS | PairCorr |
| 0.77 | JYSK | Jyske Bank AS | PairCorr |
Moving against Wirtek Stock
| 0.48 | MAERSK-B | AP Mller | PairCorr |
| 0.45 | CARL-A | Carlsberg AS | PairCorr |
| 0.42 | ISS | ISS AS | PairCorr |
Follow Valuation Odds of Bankruptcy
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Wirtek 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. Wirtek AS's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wirtek AS or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Kent Soerensen |
| Business Concentration | Information Technology, IT Services, Information Technology Services, Technology (View all Sectors) |
Wirtek AS (WIRTEK) is traded on Copenhagen Exchange in Denmark and employs 185 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 107.68 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Wirtek AS's market, we take the total number of its shares issued and multiply it by Wirtek AS'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. Wirtek AS operates under IT Services sector and is part of Information Technology industry. The entity has 7.46 M outstanding shares.
Wirtek AS has accumulated about 5.37 M in cash with 6.53 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.78.
Check Wirtek AS Probability Of Bankruptcy
Ownership AllocationWirtek AS owns a total of 7.46 Million outstanding shares. Wirtek AS owns significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. 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 Wirtek Ownership Details
Wirtek Stock Price Odds Analysis
What are Wirtek AS's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Wirtek AS jumping above the current price in 90 days from now is about 25.07%. The Wirtek AS probability density function shows the probability of Wirtek AS stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Wirtek AS has a beta of 0.1265. This entails as returns on the market go up, Wirtek AS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Wirtek AS will be expected to be much smaller as well. Additionally, wirtek AS has an alpha of 0.1718, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Wirtek AS to move above the current price in 90 days from now is about 25.07 (This Wirtek AS probability density function shows the probability of Wirtek Stock to fall within a particular range of prices over 90 days) .
Wirtek AS Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Wirtek AS market risk premium is the additional return an investor will receive from holding Wirtek AS 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 Wirtek AS. 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 Wirtek AS's alpha and beta are two of the key measurements used to evaluate Wirtek AS's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.77 | |||
| Semi Deviation | 2.13 | |||
| Standard Deviation | 2.64 | |||
| Variance | 6.97 |
Wirtek Stock Against Markets
Picking the right benchmark for Wirtek AS 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 Wirtek AS 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 Wirtek AS is critical whether you are bullish or bearish towards Wirtek AS at a given time. Please also check how Wirtek AS'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 Wirtek AS 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 |
Wirtek AS Corporate Management
Elected by the shareholders, the Wirtek AS's board of directors comprises two types of representatives: Wirtek AS inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wirtek. The board's role is to monitor Wirtek AS's management team and ensure that shareholders' interests are well served. Wirtek AS'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, Wirtek AS's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Daniel Tiganas | Information Technology Manager | Profile | |
| Sorin Luca | Operations Manager | Profile | |
| Calin Cristea | Financial Manager | Profile | |
| Reka BorbelyBandy | Director Marketing | Profile | |
| Stig Birch | Ex Mang | Profile |
How to buy Wirtek Stock?
Before investing in Wirtek AS, 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 Wirtek AS. To buy Wirtek AS stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Wirtek AS. 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 Wirtek AS stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Wirtek AS 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 Wirtek AS 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 Wirtek AS, 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 Wirtek AS?
The danger of trading Wirtek AS 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 Wirtek AS 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 Wirtek AS. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wirtek AS 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wirtek AS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Wirtek AS information on this page should be used as a complementary analysis to other Wirtek AS'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Wirtek Stock analysis
When running Wirtek AS's price analysis, check to measure Wirtek AS'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 Wirtek AS is operating at the current time. Most of Wirtek AS's value examination focuses on studying past and present price action to predict the probability of Wirtek AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wirtek AS's price. Additionally, you may evaluate how the addition of Wirtek AS to your portfolios can decrease your overall portfolio volatility.
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