Kindred Group (Sweden) Today
| KIND-SDB | SEK 123.70 0.10 0.08% |
Performance10 of 100
| Odds Of DistressLess than 9
|
Kindred Group is trading at 123.70 as of the 23rd of April 2024, a -0.08 percent decrease since the beginning of the trading day. The stock's lowest day price was 123.5. Kindred Group 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 Kindred Group plc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of September 2023 and ending today, the 23rd of April 2024. Click here to learn more.
Kindred Group plc engages in the online gambling business primarily in Europe and Australia. Kindred Group plc was founded in 1997 and is headquartered in Sliema, Malta. Kindred Group operates under Gambling classification in Sweden and is traded on Stockholm Stock Exchange. The company has 217.6 M outstanding shares. More on Kindred Group plc
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Kindred 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. Kindred Group's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kindred Group or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Gambling, Consumer Cyclical (View all Sectors) |
Kindred Group plc (KIND-SDB) is traded on Stockholm Exchange in Sweden and employs 2,332 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 24.47 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kindred Group's market, we take the total number of its shares issued and multiply it by Kindred Group'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. Kindred Group plc operates under Consumer Cyclical sector and is part of Gambling industry. The entity has 217.6 M outstanding shares.
Kindred Group plc has accumulated about 270.6 M in cash with 282.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.8.
Check Kindred Group Probability Of Bankruptcy
Ownership AllocationKindred Group plc maintains a total of 217.6 Million outstanding shares. Over half of Kindred Group's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for 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 Kindred Group plc. Please watch out for any change in the institutional holdings of Kindred Group plc as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, 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 Kindred Ownership Details
Kindred Stock Price Odds Analysis
What are Kindred Group's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Kindred Group jumping above the current price in 90 days from now is about 37.51%. The Kindred Group plc probability density function shows the probability of Kindred Group stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Kindred Group has a beta of 0.2384. This indicates as returns on the market go up, Kindred Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kindred Group plc will be expected to be much smaller as well. Additionally, kindred Group plc has an alpha of 0.3006, implying that it can generate a 0.3 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Kindred Group to move above the current price in 90 days from now is about 37.51 (This Kindred Group plc probability density function shows the probability of Kindred Stock to fall within a particular range of prices over 90 days) .
Kindred Group plc Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Kindred Group market risk premium is the additional return an investor will receive from holding Kindred Group 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 Kindred Group. 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 Kindred Group's alpha and beta are two of the key measurements used to evaluate Kindred Group's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6436 | |||
| Standard Deviation | 2.13 | |||
| Variance | 4.52 | |||
| Downside Variance | 0.0598 |
Kindred Stock Against Markets
Picking the right benchmark for Kindred Group 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 Kindred Group 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 Kindred Group is critical whether you are bullish or bearish towards Kindred Group plc at a given time. Please also check how Kindred Group'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 Kindred Group 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 |
Kindred Group Corporate Management
Elected by the shareholders, the Kindred Group's board of directors comprises two types of representatives: Kindred Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kindred. The board's role is to monitor Kindred Group's management team and ensure that shareholders' interests are well served. Kindred Group'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, Kindred Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Johan Wilsby | Chief Officer | Profile | |
| Ewout Keuleers | Chief Officer | Profile | |
| Patrick Kortman | Head Relations | Profile | |
| Daniel Johansson | Chief Devel | Profile | |
| Elen Barber | Chief Officer | Profile | |
| Rachel Williams | Chief Officer | Profile | |
| AnneJaap Snijders | Chief 1 | Profile |
How to buy Kindred Stock?
Before investing in Kindred Group, 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 Kindred Group. To buy Kindred Group stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Kindred Group. 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 Kindred Group stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Kindred Group plc 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 Kindred Group plc 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 Kindred Group plc, 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 Kindred Group plc?
The danger of trading Kindred Group plc 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 Kindred Group 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 Kindred Group. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Kindred Group plc 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kindred Group plc. 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Kindred Stock analysis
When running Kindred Group's price analysis, check to measure Kindred Group'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 Kindred Group is operating at the current time. Most of Kindred Group's value examination focuses on studying past and present price action to predict the probability of Kindred Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kindred Group's price. Additionally, you may evaluate how the addition of Kindred Group to your portfolios can decrease your overall portfolio volatility.
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