Atea ASA (Norway) Today

ATEA Stock  NOK 129.80  1.00  0.78%   

Performance

2 of 100

 
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Odds Of Distress

Less than 14

 
100  
 
Zero
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Atea ASA is selling for 129.80 as of the 29th of March 2024. This is a 0.78 percent increase since the beginning of the trading day. The stock's lowest day price was 128.0. Atea ASA has less than a 14 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Atea ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
Atea ASA supplies IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions. The company was founded in 1968 and is headquartered in Oslo, Norway. ATEA ASA operates under Computers Phones And Devices classification in Norway and is traded on Oslo Stock Exchange. The company has 110.6 M outstanding shares. More on Atea ASA

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Follow Valuation Odds of Bankruptcy
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Atea 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. Atea ASA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Atea ASA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman of the BoardIb Kunoee
Business ConcentrationInformation Technology, IT Services, Computer Distribution, Technology, Computing (View all Sectors)
Atea ASA (ATEA) is traded on Oslo Stock Exchange in Norway and employs 8,073 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 12.92 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Atea ASA's market, we take the total number of its shares issued and multiply it by Atea ASA'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. Atea ASA operates under IT Services sector and is part of Information Technology industry. The entity has 110.6 M outstanding shares. Atea ASA has accumulated about 1.35 B in cash with 1.1 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.75.
Check Atea ASA Probability Of Bankruptcy
Ownership Allocation
Atea ASA holds a total of 110.6 Million outstanding shares. Atea ASA retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. 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 Atea Ownership Details

Atea Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Atea ASA jumping above the current price in 90 days from now is about 50.72%. The Atea ASA probability density function shows the probability of Atea ASA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Atea ASA has a beta of 0.3337. This suggests as returns on the market go up, Atea ASA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Atea ASA will be expected to be much smaller as well. Additionally, atea ASA has an alpha of 0.0129, implying that it can generate a 0.0129 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 129.8HorizonTargetOdds Above 129.8
49.00%90 days
 129.80 
50.72%
Based on a normal probability distribution, the odds of Atea ASA to move above the current price in 90 days from now is about 50.72 (This Atea ASA probability density function shows the probability of Atea Stock to fall within a particular range of prices over 90 days) .

Atea ASA Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Atea ASA market risk premium is the additional return an investor will receive from holding Atea ASA 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 Atea ASA. 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 Atea ASA's alpha and beta are two of the key measurements used to evaluate Atea ASA's performance over the market, the standard measures of volatility play an important role as well.

Atea Stock Against Markets

Picking the right benchmark for Atea ASA 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 Atea ASA 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 Atea ASA is critical whether you are bullish or bearish towards Atea ASA at a given time. Please also check how Atea ASA'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 Atea ASA 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.

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Atea ASA Corporate Directors

Atea ASA corporate directors refer to members of an Atea ASA board of directors. The board of directors generally takes responsibility for the Atea ASA's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Atea ASA's board members must vote for the resolution. The Atea ASA board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Lisbeth KvanDirectorProfile
Truls BerntsenDirector, Employee RepresentativeProfile
Marthe DyrudDirector, Employee RepresentativeProfile
Arunas BartuseviciusManaging Director of Atea Uab (Baltics)Profile

How to buy Atea Stock?

Before investing in Atea ASA, 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 Atea ASA. To buy Atea ASA stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Atea ASA. 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 Atea ASA stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Atea ASA 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 Atea ASA 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 Atea ASA, 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 Atea ASA?

The danger of trading Atea ASA 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 Atea ASA 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 Atea ASA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Atea ASA 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 Atea ASA. 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 CEOs Directory module to screen CEOs from public companies around the world.

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When running Atea ASA's price analysis, check to measure Atea ASA'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 Atea ASA is operating at the current time. Most of Atea ASA's value examination focuses on studying past and present price action to predict the probability of Atea ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atea ASA's price. Additionally, you may evaluate how the addition of Atea ASA to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Atea ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atea ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atea ASA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.