Glaston Oyj (Finland) Today

GLA1V Stock  EUR 0.82  0.03  3.53%   

Performance

9 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 23

 
100  
 
Zero
Low
Glaston Oyj is trading at 0.82 as of the 29th of March 2024. This is a -3.53% down since the beginning of the trading day. The stock's open price was 0.85. Glaston Oyj has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Glaston Oyj Abp 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.
Glaston Oyj Abp manufactures and sells glass processing machinery worldwide. Glaston Oyj Abp was founded in 1870 and is headquartered in Helsinki, Finland. Glaston operates under Diversified Industrials classification in Finland and is traded on Helsinki Exchange. The company has 84.29 M outstanding shares. More on Glaston Oyj Abp

Moving together with Glaston Stock

  0.76SAMPO Sampo Oyj APairCorr

Moving against Glaston Stock

  0.62ERIBR TelefonaktiebolagetPairCorr
  0.59FORTUM Fortum OyjPairCorr
  0.42TELIA1 Telia CompanyPairCorr
Follow Valuation Odds of Bankruptcy
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Glaston 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. Glaston Oyj's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Glaston Oyj or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOSasu Koivumaki
Business ConcentrationIndustrials, Machinery, Diversified Industrials, Industrials (View all Sectors)
Glaston Oyj Abp (GLA1V) is traded on Helsinki Exchange in Finland and employs 783 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 85.13 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Glaston Oyj's market, we take the total number of its shares issued and multiply it by Glaston Oyj'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. Glaston Oyj Abp operates under Machinery sector and is part of Industrials industry. The entity has 84.29 M outstanding shares. Glaston Oyj Abp has accumulated about 10.9 M in cash with 10.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28.
Check Glaston Oyj Probability Of Bankruptcy
Ownership Allocation
Glaston Oyj secures a total of 84.29 Million outstanding shares. Over half of Glaston Oyj's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase 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 Glaston Oyj Abp. Please watch out for any change in the institutional holdings of Glaston Oyj 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 Glaston Ownership Details

Glaston Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Glaston Oyj jumping above the current price in 90 days from now is about 10.96%. The Glaston Oyj Abp probability density function shows the probability of Glaston Oyj 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 1.0264. This usually indicates Glaston Oyj Abp market returns are responsive to returns on the market. As the market goes up or down, Glaston Oyj is expected to follow. Additionally, glaston Oyj Abp has an alpha of 0.0295, implying that it can generate a 0.0295 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.82HorizonTargetOdds Above 0.82
88.92%90 days
 0.82 
10.96%
Based on a normal probability distribution, the odds of Glaston Oyj to move above the current price in 90 days from now is about 10.96 (This Glaston Oyj Abp probability density function shows the probability of Glaston Stock to fall within a particular range of prices over 90 days) .

Glaston Oyj Abp Risk Profiles

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

Glaston Stock Against Markets

Picking the right benchmark for Glaston Oyj 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 Glaston Oyj 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 Glaston Oyj is critical whether you are bullish or bearish towards Glaston Oyj Abp at a given time. Please also check how Glaston Oyj'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 Glaston Oyj 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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Glaston Oyj Corporate Directors

Glaston Oyj corporate directors refer to members of a Glaston Oyj board of directors. The board of directors generally takes responsibility for the Glaston Oyj'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 Glaston Oyj's board members must vote for the resolution. The Glaston Oyj board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Kalle ReponenIndependent DirectorProfile
Anu HamalainenIndependent DirectorProfile
Sarlotta NarjusDirectorProfile
Tero TelarantaDirectorProfile

How to buy Glaston Stock?

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

The danger of trading Glaston Oyj Abp 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 Glaston Oyj 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 Glaston Oyj. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Glaston Oyj Abp 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glaston Oyj Abp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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