Sandvik Ab Stock Today
| SDVKF Stock | USD 22.27 0.07 0.32% |
Performance10 of 100
| Odds Of DistressLess than 9
|
Sandvik AB is trading at 22.27 as of the 18th of April 2024. This is a 0.32 percent up since the beginning of the trading day. The stock's lowest day price was 22.27. Sandvik AB has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Sandvik AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2022 and ending today, the 18th of April 2024. Click here to learn more.
Sandvik AB operates as an engineering company in the areas of mining and rock excavation, rock processing, manufacturing and machining, and materials technology in Sweden and internationally. The company was founded in 1862 and is headquartered in Stockholm, Sweden. The company has 1.25 B outstanding shares. More on Sandvik AB
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Follow Valuation Odds of Bankruptcy
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Sandvik 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. Sandvik AB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sandvik AB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Olof Faxander |
| Old Name | Sandvik AB |
| Business Concentration | Specialty Industrial Machinery, Industrials (View all Sectors) |
Sandvik AB [SDVKF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Large-Cap' category with a current market capitalization of 26.73 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sandvik AB's market, we take the total number of its shares issued and multiply it by Sandvik 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. Sandvik AB classifies itself under Industrials sector and is part of Specialty Industrial Machinery industry. The entity has 1.25 B outstanding shares.
Sandvik AB has accumulated about 1.54 B in cash with 13.18 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.23.
Check Sandvik AB Probability Of Bankruptcy
Ownership AllocationSandvik AB maintains a total of 1.25 Billion outstanding shares. Over half of Sandvik AB's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Sandvik AB. Please watch out for any change in the institutional holdings of Sandvik AB as this could mean something significant has changed or is about to change at the company. 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 Sandvik Ownership Details
Sandvik Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Sandvik AB jumping above the current price in 90 days from now is about 24.95%. The Sandvik AB probability density function shows the probability of Sandvik AB pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Sandvik AB has a beta of 0.1886. This usually implies as returns on the market go up, Sandvik AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sandvik AB will be expected to be much smaller as well. Additionally, sandvik AB has an alpha of 0.105, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Sandvik AB to move above the current price in 90 days from now is about 24.95 (This Sandvik AB probability density function shows the probability of Sandvik Pink Sheet to fall within a particular range of prices over 90 days) .
Sandvik AB Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sandvik AB market risk premium is the additional return an investor will receive from holding Sandvik 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 Sandvik 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 Sandvik AB's alpha and beta are two of the key measurements used to evaluate Sandvik AB's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6495 | |||
| Standard Deviation | 1.57 | |||
| Variance | 2.48 | |||
| Risk Adjusted Performance | 0.0555 |
Sandvik Stock Against Markets
Picking the right benchmark for Sandvik 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 Sandvik 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 Sandvik AB is critical whether you are bullish or bearish towards Sandvik AB at a given time. Please also check how Sandvik 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 Sandvik 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?
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Sandvik AB Corporate Directors
Sandvik AB corporate directors refer to members of a Sandvik AB board of directors. The board of directors generally takes responsibility for the Sandvik AB'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 Sandvik AB's board members must vote for the resolution. The Sandvik AB board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Johan Karlstrom | Independent Director | Profile | |
| Thomas Lilja | Director, Employee Representative | Profile | |
| Juergen Geissinger | Independent Director | Profile | |
| Thomas Eriksson | Director, Employee Representative | Profile |
How to buy Sandvik Pink Sheet?
Before investing in Sandvik 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 Sandvik AB. To buy Sandvik AB stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sandvik 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 Sandvik AB stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sandvik 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 Sandvik 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 Sandvik 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 Sandvik AB?
The danger of trading Sandvik 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 Sandvik 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 Sandvik AB. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sandvik 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sandvik 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 industry. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Sandvik Pink Sheet analysis
When running Sandvik AB's price analysis, check to measure Sandvik 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 Sandvik AB is operating at the current time. Most of Sandvik AB's value examination focuses on studying past and present price action to predict the probability of Sandvik 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 Sandvik AB's price. Additionally, you may evaluate how the addition of Sandvik AB to your portfolios can decrease your overall portfolio volatility.
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