AB Traction (Sweden) Today
| TRAC-B Stock | SEK 268.00 2.00 0.74% |
Performance14 of 100
| Odds Of DistressLess than 35
|
AB Traction is trading at 268.00 as of the 14th of May 2024, a -0.74% down since the beginning of the trading day. The stock's open price was 270.0. AB Traction has about a 35 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for AB Traction are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of March 2024 and ending today, the 14th of May 2024. Click here to learn more.
AB Traction is a private equity firm specializing in buyouts, PIPES, and restructurings. AB Traction was founded in 1974 and is based in Stockholm, Sweden. Traction is traded on Stockholm Stock Exchange in Sweden. The company has 12.99 M outstanding shares. More on AB Traction
Moving together with TRAC-B Stock
| 0.84 | INVE-A | Investor AB ser | PairCorr |
| 0.83 | INVE-B | Investor AB ser | PairCorr |
| 0.77 | INDU-C | Industrivarden AB ser | PairCorr |
| 0.77 | INDU-A | Industrivarden AB ser | PairCorr |
Moving against TRAC-B Stock
| 0.69 | SHB-A | Svenska Handelsbanken | PairCorr |
| 0.63 | HEIM-PREF | Heimstaden AB Pfd | PairCorr |
| 0.59 | SHB-B | Svenska Handelsbanken | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
TRAC-B 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. AB Traction's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AB Traction or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Asset Management, Financial Services (View all Sectors) |
AB Traction (TRAC-B) is traded on Stockholm Exchange in Sweden and employs 4 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.37 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AB Traction's market, we take the total number of its shares issued and multiply it by AB Traction'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. AB Traction operates under Financial Services sector and is part of Asset Management industry. The entity has 12.99 M outstanding shares.
AB Traction has accumulated about 466.9 M in cash with 112.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 110.62.
Check AB Traction Probability Of Bankruptcy
Ownership AllocationAB Traction shows a total of 12.99 Million outstanding shares. AB Traction 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. 83.23 % of AB Traction 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. 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 TRAC-B Ownership Details
TRAC-B Stock Price Odds Analysis
What are AB Traction's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of AB Traction jumping above the current price in 90 days from now is about 5.41%. The AB Traction probability density function shows the probability of AB Traction stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon AB Traction has a beta of 0.3292. This usually implies as returns on the market go up, AB Traction average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AB Traction will be expected to be much smaller as well. Additionally, aB Traction has an alpha of 0.2396, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of AB Traction to move above the current price in 90 days from now is about 5.41 (This AB Traction probability density function shows the probability of TRAC-B Stock to fall within a particular range of prices over 90 days) .
AB Traction Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. AB Traction market risk premium is the additional return an investor will receive from holding AB Traction 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 AB Traction. 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 AB Traction's alpha and beta are two of the key measurements used to evaluate AB Traction's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9939 | |||
| Semi Deviation | 0.8456 | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.65 |
TRAC-B Stock Against Markets
Picking the right benchmark for AB Traction 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 AB Traction 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 AB Traction is critical whether you are bullish or bearish towards AB Traction at a given time. Please also check how AB Traction'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 AB Traction 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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Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation |
| All Next | Launch Module |
AB Traction Corporate Management
Elected by the shareholders, the AB Traction's board of directors comprises two types of representatives: AB Traction inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TRAC-B. The board's role is to monitor AB Traction's management team and ensure that shareholders' interests are well served. AB Traction'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, AB Traction's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Johan Runback | Adm Mang | Profile | |
| Petter MSc | CEO Director | Profile | |
| Johan Wall | Analyst | Profile | |
| Joakim Skoglund | Asset Manager and Financial Analyst | Profile |
How to buy TRAC-B Stock?
Before investing in AB Traction, 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 AB Traction. To buy AB Traction stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of AB Traction. 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 AB Traction stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located AB Traction 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 AB Traction 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 AB Traction, 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 AB Traction?
The danger of trading AB Traction 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 AB Traction 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 AB Traction. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AB Traction 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 AB Traction. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for TRAC-B Stock analysis
When running AB Traction's price analysis, check to measure AB Traction'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 AB Traction is operating at the current time. Most of AB Traction's value examination focuses on studying past and present price action to predict the probability of AB Traction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AB Traction's price. Additionally, you may evaluate how the addition of AB Traction to your portfolios can decrease your overall portfolio volatility.
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