TORM Plc (Denmark) Today
| TRMD-A Stock | DKK 240.20 1.80 0.76% |
Performance3 of 100
| Odds Of DistressLess than 21
|
TORM Plc is trading at 240.20 as of the 5th of May 2024, a 0.76 percent up since the beginning of the trading day. The stock's open price was 238.4. TORM Plc has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for TORM plc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of January 2023 and ending today, the 5th of May 2024. Click here to learn more.
TORM plc, a product tanker company, transports refined oil products worldwide. The company was founded in 1889 and is based in London, the United Kingdom. TORM plc operates under Shipping Ports classification in Denmark and is traded on Copenhagen Stock Exchange. The company has 81.84 M outstanding shares. More on TORM plc
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TORM 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. TORM Plc's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TORM Plc or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Shipping & Ports, Industrials (View all Sectors) |
TORM plc (TRMD-A) is traded on Copenhagen Exchange in Denmark and employs 439 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 17.45 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TORM Plc's market, we take the total number of its shares issued and multiply it by TORM Plc'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. TORM plc operates under Industrials sector and is part of Shipping & Ports industry. The entity has 81.84 M outstanding shares.
TORM plc has accumulated about 155.3 M in cash with 47.95 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.1.
Check TORM Plc Probability Of Bankruptcy
Ownership AllocationTORM plc shows a total of 81.84 Million outstanding shares. The majority of TORM plc outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in TORM Plc to benefit from reduced commissions. Accordingly, institutions are subject to a different set of regulations than regular investors in TORM plc. Please pay attention to any change in the institutional holdings of TORM plc as this could imply that 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 TORM Ownership Details
TORM Stock Price Odds Analysis
What are TORM Plc's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of TORM Plc jumping above the current price in 90 days from now is about 5.44%. The TORM plc probability density function shows the probability of TORM Plc stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon TORM plc has a beta of -0.0858. This usually implies as returns on the benchmark increase, returns on holding TORM Plc are expected to decrease at a much lower rate. During a bear market, however, TORM plc is likely to outperform the market. Additionally, tORM plc has an alpha of 0.0088, implying that it can generate a 0.008789 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of TORM Plc to move above the current price in 90 days from now is about 5.44 (This TORM plc probability density function shows the probability of TORM Stock to fall within a particular range of prices over 90 days) .
TORM plc Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. TORM Plc market risk premium is the additional return an investor will receive from holding TORM Plc 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 TORM Plc. 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 TORM Plc's alpha and beta are two of the key measurements used to evaluate TORM Plc's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.53 | |||
| Semi Deviation | 2.15 | |||
| Standard Deviation | 2.0 | |||
| Variance | 3.98 |
TORM Stock Against Markets
Picking the right benchmark for TORM Plc 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 TORM Plc 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 TORM Plc is critical whether you are bullish or bearish towards TORM plc at a given time. Please also check how TORM Plc's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in TORM Plc 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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TORM Plc Corporate Management
Elected by the shareholders, the TORM Plc's board of directors comprises two types of representatives: TORM Plc inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TORM. The board's role is to monitor TORM Plc's management team and ensure that shareholders' interests are well served. TORM Plc'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, TORM Plc's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Lars Christensen | VP Projects | Profile | |
| Jacob Meldgaard | CEO Director | Profile | |
| Andreas AbildgaardHein | Head VP | Profile | |
| Jesper Jensen | VP Division | Profile | |
| Morten Agdrup | VP Strategy | Profile | |
| Kim Balle | Chief Officer | Profile |
How to buy TORM Stock?
Before investing in TORM Plc, 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 TORM Plc. To buy TORM Plc stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of TORM Plc. 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 TORM Plc stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located TORM plc 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 TORM plc 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 TORM plc, 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 TORM plc?
The danger of trading TORM plc 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 TORM Plc 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 TORM Plc. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TORM plc 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 TORM plc. 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for TORM Stock analysis
When running TORM Plc's price analysis, check to measure TORM Plc'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 TORM Plc is operating at the current time. Most of TORM Plc's value examination focuses on studying past and present price action to predict the probability of TORM Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TORM Plc's price. Additionally, you may evaluate how the addition of TORM Plc to your portfolios can decrease your overall portfolio volatility.
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