Axactor SE (Norway) Market Value

ACR Stock  NOK 3.45  0.23  7.14%   
Axactor SE's market value is the price at which a share of Axactor SE trades on a public exchange. It measures the collective expectations of Axactor SE investors about its performance. Axactor SE is selling for 3.45 as of the 30th of November 2024. This is a 7.14 percent increase since the beginning of the trading day. The stock's lowest day price was 3.13.
With this module, you can estimate the performance of a buy and hold strategy of Axactor SE and determine expected loss or profit from investing in Axactor SE over a given investment horizon. Check out Axactor SE Correlation, Axactor SE Volatility and Axactor SE Alpha and Beta module to complement your research on Axactor SE.
Symbol

Please note, there is a significant difference between Axactor SE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axactor SE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axactor SE'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.

Axactor SE '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 Axactor SE'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 Axactor SE.
0.00
10/31/2024
No Change 0.00  0.0 
In 30 days
11/30/2024
0.00
If you would invest  0.00  in Axactor SE on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Axactor SE or generate 0.0% return on investment in Axactor SE over 30 days. Axactor SE is related to or competes with Storebrand ASA, Aker BP, MPC Container, and Norske Skog. Axactor SE, through its subsidiaries, operates as a debt management company in Sweden, Finland, Germany, Italy, Norway, ... More

Axactor SE 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 Axactor SE'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 Axactor SE upside and downside potential and time the market with a certain degree of confidence.

Axactor SE Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Axactor SE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Axactor SE's standard deviation. In reality, there are many statistical measures that can use Axactor SE historical prices to predict the future Axactor SE's volatility.
Hype
Prediction
LowEstimatedHigh
1.043.455.86
Details
Intrinsic
Valuation
LowRealHigh
0.603.015.42
Details
Naive
Forecast
LowNextHigh
1.043.455.86
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.083.353.62
Details

Axactor SE Backtested Returns

Axactor SE secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of standard deviation over the last 3 months. Axactor SE exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Axactor SE's risk adjusted performance of (0.11), and Mean Deviation of 1.59 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Axactor SE's returns are expected to increase less than the market. However, during the bear market, the loss of holding Axactor SE is expected to be smaller as well. At this point, Axactor SE has a negative expected return of -0.38%. Please make sure to confirm Axactor SE's coefficient of variation, value at risk, rate of daily change, as well as the relationship between the total risk alpha and kurtosis , to decide if Axactor SE performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.35  

Below average predictability

Axactor SE has below average predictability. Overlapping area represents the amount of predictability between Axactor SE time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Axactor SE price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Axactor SE price fluctuation can be explain by its past prices.
Correlation Coefficient0.35
Spearman Rank Test0.19
Residual Average0.0
Price Variance0.02

Axactor SE lagged returns against current returns

Autocorrelation, which is Axactor SE 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 Axactor SE's stock expected returns. We can calculate the autocorrelation of Axactor SE returns to help us make a trade decision. For example, suppose you find that Axactor SE 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  

Axactor SE 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 Axactor SE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Axactor SE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Axactor SE stock over time.
   Current vs Lagged Prices   
       Timeline  

Axactor SE Lagged Returns

When evaluating Axactor SE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Axactor SE stock have on its future price. Axactor SE 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, Axactor SE autocorrelation shows the relationship between Axactor SE stock current value and its past values and can show if there is a momentum factor associated with investing in Axactor SE.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Axactor Stock

Axactor SE financial ratios help investors to determine whether Axactor Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Axactor with respect to the benefits of owning Axactor SE security.