ABAS Protect (Sweden) Today
| ABAS Stock | 9.25 0.10 1.07% |
Performance0 of 100
| Odds Of DistressLess than 9
|
ABAS Protect is selling for under 9.25 as of the 29th of April 2024; that is -1.07 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 8.7. ABAS Protect has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ABAS Protect AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
Moving together with ABAS Stock
| 0.77 | FLNGO | Flex LNG | PairCorr |
| 0.73 | NG | Northgold AB | PairCorr |
Follow Valuation Odds of Bankruptcy
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ABAS 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. ABAS Protect's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ABAS Protect or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Building Products & Equipment, Industrials (View all Sectors) |
ABAS Protect AB (ABAS) is traded on Stockholm Exchange in Sweden and employs 44 people. The company operates under Industrials sector and is part of Building Products & Equipment industry. ABAS Protect AB has 6.41 M outstanding shares.
Check ABAS Protect Probability Of Bankruptcy
Ownership AllocationABAS Protect AB owns majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 76.6 % of ABAS Protect AB outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event.
Check ABAS Ownership Details
ABAS Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of ABAS Protect jumping above the current price in 90 days from now is about 75.59%. The ABAS Protect AB probability density function shows the probability of ABAS Protect stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ABAS Protect AB has a beta of -0.3018. This suggests as returns on the benchmark increase, returns on holding ABAS Protect are expected to decrease at a much lower rate. During a bear market, however, ABAS Protect AB is likely to outperform the market. Additionally, aBAS Protect AB 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 ABAS Protect to move above the current price in 90 days from now is about 75.59 (This ABAS Protect AB probability density function shows the probability of ABAS Stock to fall within a particular range of prices over 90 days) .
ABAS Protect AB Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ABAS Protect market risk premium is the additional return an investor will receive from holding ABAS Protect 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 ABAS Protect. 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 ABAS Protect's alpha and beta are two of the key measurements used to evaluate ABAS Protect's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.98 | |||
| Standard Deviation | 3.62 | |||
| Variance | 13.12 | |||
| Risk Adjusted Performance | (0.02) |
ABAS Stock Against Markets
Picking the right benchmark for ABAS Protect 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 ABAS Protect 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 ABAS Protect is critical whether you are bullish or bearish towards ABAS Protect AB at a given time. Please also check how ABAS Protect'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 ABAS Protect 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 |
How to buy ABAS Stock?
Before investing in ABAS Protect, 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 ABAS Protect. To buy ABAS Protect stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ABAS Protect. 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 ABAS Protect stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ABAS Protect 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 ABAS Protect 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 ABAS Protect 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 ABAS Protect AB?
The danger of trading ABAS Protect 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 ABAS Protect 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 ABAS Protect. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ABAS Protect 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 ABAS Protect 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for ABAS Stock analysis
When running ABAS Protect's price analysis, check to measure ABAS Protect'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 ABAS Protect is operating at the current time. Most of ABAS Protect's value examination focuses on studying past and present price action to predict the probability of ABAS Protect's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABAS Protect's price. Additionally, you may evaluate how the addition of ABAS Protect to your portfolios can decrease your overall portfolio volatility.
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