Reka Industrial (Finland) Today
| REKA Stock | EUR 5.74 0.26 4.33% |
Performance8 of 100
| Odds Of DistressLess than 10
|
Reka Industrial is trading at 5.74 as of the 29th of April 2024, a -4.33 percent down since the beginning of the trading day. The stock's lowest day price was 5.5. Reka Industrial has less than a 10 % 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 Reka Industrial Oyj are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
Reka Industrial Oyj manufactures and sells cables in Finland, Sweden, Denmark, Norway, the Baltic countries, and Russia. The company was formerly known as Neo Industrial Plc and changed its name to Reka Industrial Oyj in December 2020. Reka Industrial operates under Electrical Equipment Parts classification in Finland and is traded on Helsinki Exchange. The company has 5.83 M outstanding shares. More on Reka Industrial Oyj
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Follow Valuation Odds of Bankruptcy
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Reka 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. Reka Industrial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Reka Industrial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Heavy Metals (View all Themes) |
| Business Concentration | Heavy Metals, Electrical Equipment & Parts, Industrials (View all Sectors) |
Reka Industrial Oyj (REKA) is traded on Helsinki Exchange in Finland and employs 590 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 34.64 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Reka Industrial's market, we take the total number of its shares issued and multiply it by Reka Industrial'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. Reka Industrial Oyj operates under Industrials sector and is part of Electrical Equipment & Parts industry. The entity has 5.83 M outstanding shares.
Reka Industrial Oyj has accumulated about 1.16 M in cash with 8.64 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19.
Check Reka Industrial Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Reka Industrial Oyj is €34.64 Million. Reka Industrial holds 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. 62.5 pct. of Reka Industrial Oyj outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with substantial debt, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Reka Ownership Details
Reka Stock Price Odds Analysis
What are Reka Industrial's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Reka Industrial jumping above the current price in 90 days from now is about 53.49%. The Reka Industrial Oyj probability density function shows the probability of Reka Industrial stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Reka Industrial Oyj has a beta of -0.1813 indicating as returns on the benchmark increase, returns on holding Reka Industrial are expected to decrease at a much lower rate. During a bear market, however, Reka Industrial Oyj is likely to outperform the market. Additionally, reka Industrial Oyj has an alpha of 0.3291, implying that it can generate a 0.33 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Reka Industrial to move above the current price in 90 days from now is about 53.49 (This Reka Industrial Oyj probability density function shows the probability of Reka Stock to fall within a particular range of prices over 90 days) .
Reka Industrial Oyj Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Reka Industrial market risk premium is the additional return an investor will receive from holding Reka Industrial 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 Reka Industrial. 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 Reka Industrial's alpha and beta are two of the key measurements used to evaluate Reka Industrial's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.73 | |||
| Semi Deviation | 2.1 | |||
| Standard Deviation | 2.78 | |||
| Variance | 7.72 |
Reka Stock Against Markets
Picking the right benchmark for Reka Industrial 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 Reka Industrial 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 Reka Industrial is critical whether you are bullish or bearish towards Reka Industrial Oyj at a given time. Please also check how Reka Industrial's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Reka Industrial 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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How to buy Reka Stock?
Before investing in Reka Industrial, 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 Reka Industrial. To buy Reka Industrial stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Reka Industrial. 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 Reka Industrial stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Reka Industrial Oyj 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 Reka Industrial Oyj 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 Reka Industrial Oyj, 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 Reka Industrial Oyj?
The danger of trading Reka Industrial Oyj 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 Reka Industrial 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 Reka Industrial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Reka Industrial Oyj 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reka Industrial Oyj. 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Reka Stock analysis
When running Reka Industrial's price analysis, check to measure Reka Industrial'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 Reka Industrial is operating at the current time. Most of Reka Industrial's value examination focuses on studying past and present price action to predict the probability of Reka Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reka Industrial's price. Additionally, you may evaluate how the addition of Reka Industrial to your portfolios can decrease your overall portfolio volatility.
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