Smurfit Kappa (Ireland) Today

SK3 Stock  EUR 42.12  0.11  0.26%   

Performance

13 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Smurfit Kappa is selling at 42.12 as of the 28th of March 2024; that is -0.26 percent decrease since the beginning of the trading day. The stock's lowest day price was 41.93. Smurfit Kappa has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Smurfit Kappa Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.

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Follow Valuation Odds of Bankruptcy
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Smurfit 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. Smurfit Kappa's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Smurfit Kappa or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationPackaging, Industrial (View all Sectors)
Smurfit Kappa Group (SK3) is traded on Irish Exchange in Ireland and employs 48,000 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.79 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Smurfit Kappa's market, we take the total number of its shares issued and multiply it by Smurfit Kappa'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. Smurfit Kappa Group operates under Industrial sector and is part of Packaging industry. The entity has 259.03 M outstanding shares. Smurfit Kappa generates positive cash flow from operations, but has no cash available
Check Smurfit Kappa Probability Of Bankruptcy
Ownership Allocation
Smurfit Kappa maintains a total of 259.03 Million outstanding shares. Over half of Smurfit Kappa'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 Smurfit Kappa Group. Please watch out for any change in the institutional holdings of Smurfit Kappa 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 Smurfit Ownership Details

Smurfit Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Smurfit Kappa jumping above the current price in 90 days from now is roughly 2.55%. The Smurfit Kappa Group probability density function shows the probability of Smurfit Kappa stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Smurfit Kappa has a beta of 0.1539. This usually implies as returns on the market go up, Smurfit Kappa average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Smurfit Kappa Group will be expected to be much smaller as well. Additionally, smurfit Kappa Group has an alpha of 0.1905, implying that it can generate a 0.19 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 42.12HorizonTargetOdds Above 42.12
97.42%90 days
 42.12 
2.55%
Based on a normal probability distribution, the odds of Smurfit Kappa to move above the current price in 90 days from now is roughly 2.55 (This Smurfit Kappa Group probability density function shows the probability of Smurfit Stock to fall within a particular range of prices over 90 days) .

Smurfit Kappa Group Risk Profiles

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

Smurfit Stock Against Markets

Picking the right benchmark for Smurfit Kappa 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 Smurfit Kappa 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 Smurfit Kappa is critical whether you are bullish or bearish towards Smurfit Kappa Group at a given time. Please also check how Smurfit Kappa'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 Smurfit Kappa 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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Smurfit Kappa Corporate Management

Elected by the shareholders, the Smurfit Kappa's board of directors comprises two types of representatives: Smurfit Kappa inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Smurfit. The board's role is to monitor Smurfit Kappa's management team and ensure that shareholders' interests are well served. Smurfit Kappa'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, Smurfit Kappa's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Smurfit Stock?

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

The danger of trading Smurfit Kappa Group 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 Smurfit Kappa 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 Smurfit Kappa. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Smurfit Kappa Group 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 Smurfit Kappa Group. 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.
Note that the Smurfit Kappa Group information on this page should be used as a complementary analysis to other Smurfit Kappa'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Smurfit Stock analysis

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