Spotify Technology (Brazil) Today
| S1PO34 Stock | BRL 386.10 8.34 2.11% |
Performance25 of 100
| Odds Of DistressLess than 15
|
Spotify Technology is trading at 386.10 as of the 18th of April 2024, a -2.11 percent decrease since the beginning of the trading day. The stock's open price was 394.44. Spotify Technology has less than a 15 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Spotify Technology SA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of April 2022 and ending today, the 18th of April 2024. Click here to learn more.
Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. The company was founded in 2006 and is based in Luxembourg, Luxembourg. SPOTIFY TECHDRN is traded on Sao Paolo Stock Exchange in Brazil. The company has 773.17 M outstanding shares. More on Spotify Technology SA
Moving together with Spotify Stock
| 0.92 | M1TA34 | Meta Platforms | PairCorr |
| 0.83 | AIRB34 | Airbnb Inc | PairCorr |
| 0.72 | A1TH34 | Autohome | PairCorr |
Moving against Spotify Stock
| 0.94 | CTXT11 | Fundo Invest Imobiliario | PairCorr |
| 0.63 | T1WL34 | Twilio Inc | PairCorr |
| 0.44 | CASH3 | Mliuz SA | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Spotify 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. Spotify Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Spotify Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Founder | Daniel Ek |
| Thematic Ideas | (View all Themes) |
| Business Concentration | IT, Computers, Internet Content & Information, Communication Services, Computing (View all Sectors) |
Spotify Technology SA (S1PO34) is traded on Sao Paulo Exchange in Brazil and employs 8,359 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 124.49 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Spotify Technology's market, we take the total number of its shares issued and multiply it by Spotify Technology'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. Spotify Technology operates under Communication Services sector and is part of Internet Content & Information industry. The entity has 773.17 M outstanding shares.
Spotify Technology SA has accumulated about 2.98 B in cash with 361 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.9.
Check Spotify Technology Probability Of Bankruptcy
Spotify Stock Price Odds Analysis
What are Spotify Technology's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Spotify Technology jumping above the current price in 90 days from now is under 4%. The Spotify Technology SA probability density function shows the probability of Spotify Technology stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Spotify Technology has a beta of 0.2263. This usually implies as returns on the market go up, Spotify Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Spotify Technology SA will be expected to be much smaller as well. Additionally, spotify Technology SA has an alpha of 0.6751, implying that it can generate a 0.68 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Spotify Technology to move above the current price in 90 days from now is under 4 (This Spotify Technology SA probability density function shows the probability of Spotify Stock to fall within a particular range of prices over 90 days) .
Spotify Technology Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Spotify Technology market risk premium is the additional return an investor will receive from holding Spotify Technology 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 Spotify Technology. 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 Spotify Technology's alpha and beta are two of the key measurements used to evaluate Spotify Technology's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.65 | |||
| Semi Deviation | 1.45 | |||
| Standard Deviation | 2.19 | |||
| Variance | 4.79 |
Spotify Stock Against Markets
Picking the right benchmark for Spotify Technology 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 Spotify Technology 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 Spotify Technology is critical whether you are bullish or bearish towards Spotify Technology SA at a given time. Please also check how Spotify Technology'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 Spotify Technology 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 Optimizer Now
Idea OptimizerUse advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |
| All Next | Launch Module |
Spotify Technology Corporate Management
Elected by the shareholders, the Spotify Technology's board of directors comprises two types of representatives: Spotify Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Spotify. The board's role is to monitor Spotify Technology's management team and ensure that shareholders' interests are well served. Spotify Technology'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, Spotify Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Bryan Goldberg | Head Relations | Profile | |
| Dustee Jenkins | Global Affairs | Profile | |
| Eve Konstan | G Counsel | Profile | |
| Paul Vogel | Chief Officer | Profile | |
| Dawn Ostroff | Chief Officer | Profile | |
| Paul Sawyer | Controller Officer | Profile |
How to buy Spotify Stock?
Before investing in Spotify Technology, 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 Spotify Technology. To buy Spotify Technology stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Spotify Technology. 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 Spotify Technology stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Spotify Technology SA 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 Spotify Technology SA 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 Spotify Technology SA, 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. For more information on how to buy Spotify Stock please use our How to Invest in Spotify Technology guide.
Already Invested in Spotify Technology SA?
The danger of trading Spotify Technology SA 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 Spotify Technology 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 Spotify Technology. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Spotify Technology 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.
When determining whether Spotify Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Spotify Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Spotify Technology Sa Stock. Highlighted below are key reports to facilitate an investment decision about Spotify Technology Sa Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spotify Technology SA. 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 Spotify Technology information on this page should be used as a complementary analysis to other Spotify Technology'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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Spotify Stock analysis
When running Spotify Technology's price analysis, check to measure Spotify Technology'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 Spotify Technology is operating at the current time. Most of Spotify Technology's value examination focuses on studying past and present price action to predict the probability of Spotify Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spotify Technology's price. Additionally, you may evaluate how the addition of Spotify Technology to your portfolios can decrease your overall portfolio volatility.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Stocks Directory Find actively traded stocks across global markets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |