Epiroc Ab Stock Today
EPIAF Stock | USD 19.11 0.08 0.42% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Epiroc AB is trading at 19.11 as of the 28th of March 2024. This is a -0.42 percent decrease since the beginning of the trading day. The stock's lowest day price was 18.88. Epiroc AB 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 Epiroc AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Epiroc AB , together with its subsidiaries, develops and produces equipment for use in surface and underground applications in Sweden. The company was founded in 1873 and is headquartered in Nacka, Sweden. Epiroc Aktiebolag is traded on OTC Exchange in the United States. The company has 816.67 M outstanding shares. More on Epiroc AB
Moving together with Epiroc Pink Sheet
0.65 | VLVLY | Volvo AB ADR | PairCorr |
0.62 | VOLVF | Volvo AB Ser | PairCorr |
Moving against Epiroc Pink Sheet
0.55 | VZ | Verizon Communications Aggressive Push | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Epiroc 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. Epiroc AB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Epiroc AB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business Concentration | Farm & Heavy Construction Machinery, Industrials (View all Sectors) |
Epiroc AB [EPIAF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). The company currently falls under 'Large-Cap' category with a current market capitalization of 22.84 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Epiroc AB's market, we take the total number of its shares issued and multiply it by Epiroc 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. Epiroc AB classifies itself under Industrials sector and is part of Farm & Heavy Construction Machinery industry. The entity has 816.67 M outstanding shares.
Epiroc AB generates positive cash flow from operations, but has no cash available
Check Epiroc AB Probability Of Bankruptcy
Ownership AllocationEpiroc AB holds a total of 816.67 Million outstanding shares. The majority of Epiroc AB outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Epiroc AB to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Epiroc AB. Please pay attention to any change in the institutional holdings of Epiroc AB 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 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 Epiroc Ownership Details
Epiroc Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Epiroc AB jumping above the current price in 90 days from now is about 29.16%. The Epiroc AB probability density function shows the probability of Epiroc AB pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Epiroc AB has a beta of 0.789 suggesting as returns on the market go up, Epiroc AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Epiroc AB will be expected to be much smaller as well. Additionally, epiroc AB has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
Based on a normal probability distribution, the odds of Epiroc AB to move above the current price in 90 days from now is about 29.16 (This Epiroc AB probability density function shows the probability of Epiroc Pink Sheet to fall within a particular range of prices over 90 days) .
Epiroc AB Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Epiroc AB market risk premium is the additional return an investor will receive from holding Epiroc 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 Epiroc 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 Epiroc AB's alpha and beta are two of the key measurements used to evaluate Epiroc AB's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 1.43 | |||
Standard Deviation | 1.87 | |||
Variance | 3.51 | |||
Risk Adjusted Performance | 0.0015 |
Epiroc Stock Against Markets
Picking the right benchmark for Epiroc AB 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 Epiroc AB 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 Epiroc AB is critical whether you are bullish or bearish towards Epiroc AB at a given time. Please also check how Epiroc 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 Epiroc 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 Idea Analyzer Now
Idea AnalyzerAnalyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |
All Next | Launch Module |
Epiroc AB Corporate Management
Elected by the shareholders, the Epiroc AB's board of directors comprises two types of representatives: Epiroc AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Epiroc. The board's role is to monitor Epiroc AB's management team and ensure that shareholders' interests are well served. Epiroc 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, Epiroc AB's outside directors are responsible for providing unbiased perspectives on the board's policies.
Helena MSc | Pres CEO | Profile | |
Hakan MSc | Sr CFO | Profile | |
Sami Niiranen | Pres Division | Profile | |
Charlotta Grhs | Sr Counsel | Profile | |
Mattias Olsson | Sr Communications | Profile | |
Nadim Penser | VP Leadership | Profile | |
Martin Hjerpe | VP Strategy | Profile |
How to buy Epiroc Pink Sheet?
Before investing in Epiroc 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 Epiroc AB. To buy Epiroc AB stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Epiroc 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 Epiroc AB stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Epiroc 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 Epiroc 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 Epiroc 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 Epiroc AB?
The danger of trading Epiroc 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 Epiroc 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 Epiroc AB. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Epiroc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Epiroc 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 nation. Note that the Epiroc AB information on this page should be used as a complementary analysis to other Epiroc AB'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Epiroc Pink Sheet analysis
When running Epiroc AB's price analysis, check to measure Epiroc 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 Epiroc AB is operating at the current time. Most of Epiroc AB's value examination focuses on studying past and present price action to predict the probability of Epiroc 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 Epiroc AB's price. Additionally, you may evaluate how the addition of Epiroc AB to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |