Acuvi AB (Sweden) Market Value
| ACUVI Stock | 15.60 0.20 1.27% |
| Symbol | Acuvi |
Acuvi 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 Acuvi 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 Acuvi AB.
| 08/05/2023 |
| 11/27/2024 |
If you would invest 0.00 in Acuvi AB on August 5, 2023 and sell it all today you would earn a total of 0.00 from holding Acuvi AB or generate 0.0% return on investment in Acuvi AB over 480 days. Acuvi AB is related to or competes with MTI Investment, Lohilo Foods, Neola Medical, New Nordic, and Media. More
Acuvi 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 Acuvi 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 Acuvi AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 19.73 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 4.73 |
Acuvi AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Acuvi AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Acuvi AB's standard deviation. In reality, there are many statistical measures that can use Acuvi AB historical prices to predict the future Acuvi AB's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.08) |
Acuvi AB Backtested Returns
Acuvi AB secures Sharpe Ratio (or Efficiency) of -0.0172, which signifies that the company had a -0.0172% return per unit of risk over the last 3 months. Acuvi AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Acuvi AB's Mean Deviation of 1.74, standard deviation of 2.73, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.03, which signifies a somewhat significant risk relative to the market. Acuvi AB returns are very sensitive to returns on the market. As the market goes up or down, Acuvi AB is expected to follow. At this point, Acuvi AB has a negative expected return of -0.0471%. Please make sure to confirm Acuvi AB's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Acuvi AB performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.83 |
Excellent reverse predictability
Acuvi AB has excellent reverse predictability. Overlapping area represents the amount of predictability between Acuvi AB time series from 5th of August 2023 to 1st of April 2024 and 1st of April 2024 to 27th 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 Acuvi AB price movement. The serial correlation of -0.83 indicates that around 83.0% of current Acuvi AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 5.41 |
Acuvi AB lagged returns against current returns
Autocorrelation, which is Acuvi 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 Acuvi AB's stock expected returns. We can calculate the autocorrelation of Acuvi AB returns to help us make a trade decision. For example, suppose you find that Acuvi 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 |
Acuvi 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 Acuvi AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Acuvi AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Acuvi AB stock over time.
Current vs Lagged Prices |
| Timeline |
Acuvi AB Lagged Returns
When evaluating Acuvi AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Acuvi AB stock have on its future price. Acuvi 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, Acuvi AB autocorrelation shows the relationship between Acuvi AB stock current value and its past values and can show if there is a momentum factor associated with investing in Acuvi AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Acuvi Stock Analysis
When running Acuvi AB's price analysis, check to measure Acuvi 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 Acuvi AB is operating at the current time. Most of Acuvi AB's value examination focuses on studying past and present price action to predict the probability of Acuvi 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 Acuvi AB's price. Additionally, you may evaluate how the addition of Acuvi AB to your portfolios can decrease your overall portfolio volatility.