Volvo AB (UK) Market Value
| 0MHW Stock | 285.30 2.90 1.01% |
| Symbol | Volvo |
Volvo AB 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Volvo AB's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Volvo AB.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Volvo AB on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Volvo AB Series or generate 0.0% return on investment in Volvo AB over 30 days. Volvo AB is related to or competes with Take Two, Lindsell Train, Associated British, Monster Beverage, Capital Drilling, Tyson Foods, and Broadridge Financial. Volvo AB is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Volvo AB Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Volvo AB's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Volvo AB Series upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.11 | |||
| Information Ratio | 0.0469 | |||
| Maximum Drawdown | 6.53 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 2.72 |
Volvo AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Volvo AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Volvo AB's standard deviation. In reality, there are many statistical measures that can use Volvo AB historical prices to predict the future Volvo AB's volatility.| Risk Adjusted Performance | 0.1069 | |||
| Jensen Alpha | 0.1471 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0553 | |||
| Treynor Ratio | 0.6957 |
Volvo AB Series Backtested Returns
Volvo AB appears to be very steady, given 3 months investment horizon. Volvo AB Series owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Volvo AB Series, which you can use to evaluate the volatility of the company. Please review Volvo AB's Coefficient Of Variation of 705.45, risk adjusted performance of 0.1069, and Semi Deviation of 0.9527 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Volvo AB holds a performance score of 12. The entity has a beta of 0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Volvo AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Volvo AB is expected to be smaller as well. Please check Volvo AB's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether Volvo AB's existing price patterns will revert.
Auto-correlation | -0.86 |
Excellent reverse predictability
Volvo AB Series has excellent reverse predictability. Overlapping area represents the amount of predictability between Volvo AB time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Volvo AB Series price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Volvo AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 58.17 |
Volvo AB Series lagged returns against current returns
Autocorrelation, which is Volvo AB stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Volvo AB's stock expected returns. We can calculate the autocorrelation of Volvo AB returns to help us make a trade decision. For example, suppose you find that Volvo AB has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Volvo AB regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Volvo AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Volvo AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Volvo AB stock over time.
Current vs Lagged Prices |
| Timeline |
Volvo AB Lagged Returns
When evaluating Volvo AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Volvo AB stock have on its future price. Volvo AB autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Volvo AB autocorrelation shows the relationship between Volvo AB stock current value and its past values and can show if there is a momentum factor associated with investing in Volvo AB Series.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Volvo Stock Analysis
When running Volvo AB's price analysis, check to measure Volvo AB'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 Volvo AB is operating at the current time. Most of Volvo AB's value examination focuses on studying past and present price action to predict the probability of Volvo AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Volvo AB's price. Additionally, you may evaluate how the addition of Volvo AB to your portfolios can decrease your overall portfolio volatility.