Volvo Car (Sweden) Today
| VOLCAR-B | 34.93 0.43 1.22% |
Performance1 of 100
| Odds Of DistressLess than 9
|
Volvo Car is trading at 34.93 as of the 1st of May 2024, a -1.22 percent decrease since the beginning of the trading day. The stock's open price was 35.36. Volvo Car has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Volvo Car AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of April 2024 and ending today, the 1st of May 2024. Click here to learn more.
Moving against Volvo Stock
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Follow Valuation Odds of Bankruptcy
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Volvo 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. Volvo Car's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Volvo Car or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Auto Manufacturers, Consumer Cyclical (View all Sectors) |
Volvo Car AB (VOLCAR-B) is traded on Stockholm Exchange in Sweden and employs 43,200 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 158.5 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Volvo Car's market, we take the total number of its shares issued and multiply it by Volvo Car'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. Volvo Car AB operates under Consumer Cyclical sector and is part of Auto Manufacturers industry. The entity has 2.98 B outstanding shares.
Volvo Car generates positive cash flow from operations, but has no cash available
Check Volvo Car Probability Of Bankruptcy
Ownership AllocationVolvo Car AB shows a total of 2.98 Billion outstanding shares. Volvo Car AB has 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. 82.03 % of Volvo Car outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Volvo Ownership Details
Volvo Stock Price Odds Analysis
What are Volvo Car's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Volvo Car jumping above the current price in 90 days from now is about 72.35%. The Volvo Car AB probability density function shows the probability of Volvo Car stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.6235. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Volvo Car will likely underperform. Additionally, volvo Car AB has an alpha of 0.3609, implying that it can generate a 0.36 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Volvo Car to move above the current price in 90 days from now is about 72.35 (This Volvo Car AB probability density function shows the probability of Volvo Stock to fall within a particular range of prices over 90 days) .
Volvo Car AB Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Volvo Car market risk premium is the additional return an investor will receive from holding Volvo Car 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 Volvo Car. 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 Volvo Car's alpha and beta are two of the key measurements used to evaluate Volvo Car's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.87 | |||
| Semi Deviation | 3.38 | |||
| Standard Deviation | 4.59 | |||
| Variance | 21.04 |
Volvo Stock Against Markets
Picking the right benchmark for Volvo Car 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 Volvo Car 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 Volvo Car is critical whether you are bullish or bearish towards Volvo Car AB at a given time. Please also check how Volvo Car'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 Volvo Car 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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| All Next | Launch Module |
Volvo Car Corporate Management
Elected by the shareholders, the Volvo Car's board of directors comprises two types of representatives: Volvo Car inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Volvo. The board's role is to monitor Volvo Car's management team and ensure that shareholders' interests are well served. Volvo Car'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, Volvo Car's outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Hernander | Head Relations | Profile | |
| James Rowan | Pres CEO | Profile | |
| Maria Hemberg | G Officer | Profile | |
| Johan Ekdahl | Chief Officer | Profile | |
| Xiaolin Yuan | Pres APAC | Profile | |
| Olivia RossWilson | Chief Officer | Profile | |
| Nikki Rooke | Head Communications | Profile |
How to buy Volvo Stock?
Before investing in Volvo Car, 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 Volvo Car. To buy Volvo Car stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Volvo Car. 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 Volvo Car stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Volvo Car 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 Volvo Car 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 Volvo Car 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 Volvo Car AB?
The danger of trading Volvo Car 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 Volvo Car 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 Volvo Car. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Volvo Car 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 Volvo Car 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 Volvo Car AB information on this page should be used as a complementary analysis to other Volvo Car'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 Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Volvo Stock analysis
When running Volvo Car's price analysis, check to measure Volvo Car'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 Volvo Car is operating at the current time. Most of Volvo Car's value examination focuses on studying past and present price action to predict the probability of Volvo Car's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Volvo Car's price. Additionally, you may evaluate how the addition of Volvo Car to your portfolios can decrease your overall portfolio volatility.
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