Erria AS (Denmark) Today
| ERRIA Stock | DKK 3.72 0.02 0.53% |
Performance5 of 100
| Odds Of DistressLess than 11
|
Erria AS is trading at 3.72 as of the 18th of April 2024, a -0.53 percent decrease since the beginning of the trading day. The stock's open price was 3.74. Erria AS has less than a 11 % 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 Erria AS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of October 2023 and ending today, the 18th of April 2024. Click here to learn more.
Erria AS engages in shipping and shipping related activities worldwide. Erria AS was founded in 1991 and is headquartered in Kge, Denmark. Erria AS operates under Shipping Ports classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 168 people. The company has 10.86 M outstanding shares. More on Erria AS
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Erria 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. Erria AS's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Erria AS or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Kaare Jensen |
| Business Concentration | Industrials, Marine, Shipping & Ports, Industrials (View all Sectors) |
Erria AS (ERRIA) is traded on Copenhagen Exchange in Denmark and employs 175 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 60.28 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Erria AS's market, we take the total number of its shares issued and multiply it by Erria AS'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. Erria AS operates under Marine sector and is part of Industrials industry. The entity has 10.86 M outstanding shares.
Erria AS has accumulated about 2.88 M in cash with (15.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.36.
Check Erria AS Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Erria AS is kr60.28 Million. Erria AS 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 take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Erria Ownership Details
Erria Stock Price Odds Analysis
What are Erria AS's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Erria AS jumping above the current price in 90 days from now is about 11.51%. The Erria AS probability density function shows the probability of Erria AS stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Erria AS has a beta of -0.447 suggesting as returns on the benchmark increase, returns on holding Erria AS are expected to decrease at a much lower rate. During a bear market, however, Erria AS is likely to outperform the market. Additionally, erria AS has an alpha of 0.2701, implying that it can generate a 0.27 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Erria AS to move above the current price in 90 days from now is about 11.51 (This Erria AS probability density function shows the probability of Erria Stock to fall within a particular range of prices over 90 days) .
Erria AS Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Erria AS market risk premium is the additional return an investor will receive from holding Erria AS 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 Erria AS. 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 Erria AS's alpha and beta are two of the key measurements used to evaluate Erria AS's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.29 | |||
| Semi Deviation | 2.68 | |||
| Standard Deviation | 3.35 | |||
| Variance | 11.24 |
Erria Stock Against Markets
Picking the right benchmark for Erria AS 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 Erria AS 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 Erria AS is critical whether you are bullish or bearish towards Erria AS at a given time. Please also check how Erria AS'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 Erria AS 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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Erria AS Corporate Directors
Erria AS corporate directors refer to members of an Erria AS board of directors. The board of directors generally takes responsibility for the Erria AS'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 Erria AS's board members must vote for the resolution. The Erria AS board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kristian Svarrer | Director | Profile | |
| Joergen Thuesen | Director of Consulting Division | Profile | |
| Hasse Larsen | Director | Profile | |
| Allan Sparholt | Director of Ship Management | Profile |
How to buy Erria Stock?
Before investing in Erria AS, 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 Erria AS. To buy Erria AS stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Erria AS. 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 Erria AS stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Erria AS 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 Erria AS 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 Erria AS, 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 Erria AS?
The danger of trading Erria AS 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 Erria AS 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 Erria AS. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Erria AS 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Erria AS. 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 Erria AS information on this page should be used as a complementary analysis to other Erria AS'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Erria Stock analysis
When running Erria AS's price analysis, check to measure Erria AS'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 Erria AS is operating at the current time. Most of Erria AS's value examination focuses on studying past and present price action to predict the probability of Erria AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erria AS's price. Additionally, you may evaluate how the addition of Erria AS to your portfolios can decrease your overall portfolio volatility.
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