Sword Group (Germany) Market Value
| 9RS Stock | 34.80 0.30 0.87% |
| Symbol | Sword |
Sword Group '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 Sword Group'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 Sword Group.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Sword Group on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Sword Group SE or generate 0.0% return on investment in Sword Group over 30 days.
Sword Group 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 Sword Group'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 Sword Group SE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.67 | |||
| Information Ratio | 0.0471 | |||
| Maximum Drawdown | 13.47 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 3.67 |
Sword Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sword Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sword Group's standard deviation. In reality, there are many statistical measures that can use Sword Group historical prices to predict the future Sword Group's volatility.| Risk Adjusted Performance | 0.0877 | |||
| Jensen Alpha | 0.2141 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.06 | |||
| Treynor Ratio | 16.58 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sword Group's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sword Group SE Backtested Returns
Sword Group appears to be very steady, given 3 months investment horizon. Sword Group SE owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0942, which indicates the firm had a 0.0942% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sword Group SE, which you can use to evaluate the volatility of the company. Please review Sword Group's Coefficient Of Variation of 942.82, risk adjusted performance of 0.0877, and Semi Deviation of 1.47 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sword Group holds a performance score of 7. The entity has a beta of 0.013, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sword Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sword Group is expected to be smaller as well. Please check Sword Group's total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Sword Group's existing price patterns will revert.
Auto-correlation | -0.07 |
Very weak reverse predictability
Sword Group SE has very weak reverse predictability. Overlapping area represents the amount of predictability between Sword Group time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Sword Group SE price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Sword Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Sword Group SE lagged returns against current returns
Autocorrelation, which is Sword Group 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 Sword Group's stock expected returns. We can calculate the autocorrelation of Sword Group returns to help us make a trade decision. For example, suppose you find that Sword Group 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 |
Sword Group 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 Sword Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sword Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sword Group stock over time.
Current vs Lagged Prices |
| Timeline |
Sword Group Lagged Returns
When evaluating Sword Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sword Group stock have on its future price. Sword Group 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, Sword Group autocorrelation shows the relationship between Sword Group stock current value and its past values and can show if there is a momentum factor associated with investing in Sword Group SE.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Sword Stock Analysis
When running Sword Group's price analysis, check to measure Sword 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 Sword Group is operating at the current time. Most of Sword Group's value examination focuses on studying past and present price action to predict the probability of Sword 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 Sword Group's price. Additionally, you may evaluate how the addition of Sword Group to your portfolios can decrease your overall portfolio volatility.