Swedbank Robur (Germany) Market Value
| 0P0001MGCA | 9.86 0.01 0.10% |
| Symbol | Swedbank |
Swedbank Robur '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 Swedbank Robur's fund 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 Swedbank Robur.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Swedbank Robur on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Swedbank Robur Corporate or generate 0.0% return on investment in Swedbank Robur over 390 days.
Swedbank Robur 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 Swedbank Robur's fund 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 Swedbank Robur Corporate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1739 | |||
| Information Ratio | (0.47) | |||
| Maximum Drawdown | 0.7239 | |||
| Value At Risk | (0.21) | |||
| Potential Upside | 0.3099 |
Swedbank Robur Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Swedbank Robur's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Swedbank Robur's standard deviation. In reality, there are many statistical measures that can use Swedbank Robur historical prices to predict the future Swedbank Robur's volatility.| Risk Adjusted Performance | 0.136 | |||
| Jensen Alpha | 0.022 | |||
| Total Risk Alpha | 0.0053 | |||
| Sortino Ratio | (0.43) | |||
| Treynor Ratio | 0.5144 |
Swedbank Robur Corporate Backtested Returns
As of now, Swedbank Fund is very steady. Swedbank Robur Corporate owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the fund had a 0.24% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Swedbank Robur Corporate, which you can use to evaluate the volatility of the fund. Please validate Swedbank Robur's Standard Deviation of 0.1584, downside deviation of 0.1739, and Risk Adjusted Performance of 0.136 to confirm if the risk estimate we provide is consistent with the expected return of 0.0386%. The entity has a beta of 0.0534, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Swedbank Robur's returns are expected to increase less than the market. However, during the bear market, the loss of holding Swedbank Robur is expected to be smaller as well.
Auto-correlation | 0.76 |
Good predictability
Swedbank Robur Corporate has good predictability. Overlapping area represents the amount of predictability between Swedbank Robur time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Swedbank Robur Corporate price movement. The serial correlation of 0.76 indicates that around 76.0% of current Swedbank Robur price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Swedbank Robur Corporate lagged returns against current returns
Autocorrelation, which is Swedbank Robur fund'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 Swedbank Robur's fund expected returns. We can calculate the autocorrelation of Swedbank Robur returns to help us make a trade decision. For example, suppose you find that Swedbank Robur has exhibited high autocorrelation historically, and you observe that the fund 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 |
Swedbank Robur 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 Swedbank Robur fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Swedbank Robur fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Swedbank Robur fund over time.
Current vs Lagged Prices |
| Timeline |
Swedbank Robur Lagged Returns
When evaluating Swedbank Robur's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Swedbank Robur fund have on its future price. Swedbank Robur 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, Swedbank Robur autocorrelation shows the relationship between Swedbank Robur fund current value and its past values and can show if there is a momentum factor associated with investing in Swedbank Robur Corporate.
Regressed Prices |
| Timeline |
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