Ambea AB (Sweden) Market Value
| AMBEA Stock | SEK 93.80 0.60 0.64% |
| Symbol | Ambea |
Ambea 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 Ambea 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 Ambea AB.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Ambea AB on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Ambea AB or generate 0.0% return on investment in Ambea AB over 30 days. Ambea AB is related to or competes with Orexo AB, and Anoto Group. Ambea AB provides residential care services for people with special needs in Sweden, Norway, and Denmark More
Ambea 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 Ambea 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 Ambea AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.54 | |||
| Information Ratio | (0.0003) | |||
| Maximum Drawdown | 9.64 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 3.16 |
Ambea AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ambea AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ambea AB's standard deviation. In reality, there are many statistical measures that can use Ambea AB historical prices to predict the future Ambea AB's volatility.| Risk Adjusted Performance | 0.0621 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.0004) | |||
| Treynor Ratio | 0.1026 |
Ambea AB Backtested Returns
Currently, Ambea AB is very steady. Ambea AB secures Sharpe Ratio (or Efficiency) of 0.0393, which signifies that the company had a 0.0393% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Ambea AB, which you can use to evaluate the volatility of the firm. Please confirm Ambea AB's risk adjusted performance of 0.0621, and Mean Deviation of 1.27 to double-check if the risk estimate we provide is consistent with the expected return of 0.0666%. Ambea AB has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.17, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ambea AB will likely underperform. Ambea AB right now shows a risk of 1.69%. Please confirm Ambea AB mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to decide if Ambea AB will be following its price patterns.
Auto-correlation | 0.08 |
Virtually no predictability
Ambea AB has virtually no predictability. Overlapping area represents the amount of predictability between Ambea AB time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Ambea AB price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Ambea AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 2.21 |
Ambea AB lagged returns against current returns
Autocorrelation, which is Ambea 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 Ambea AB's stock expected returns. We can calculate the autocorrelation of Ambea AB returns to help us make a trade decision. For example, suppose you find that Ambea 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 |
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Ambea 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 Ambea AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ambea AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ambea AB stock over time.
Current vs Lagged Prices |
| Timeline |
Ambea AB Lagged Returns
When evaluating Ambea AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ambea AB stock have on its future price. Ambea 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, Ambea AB autocorrelation shows the relationship between Ambea AB stock current value and its past values and can show if there is a momentum factor associated with investing in Ambea AB.
Regressed Prices |
| Timeline |
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Additional Tools for Ambea Stock Analysis
When running Ambea AB's price analysis, check to measure Ambea 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 Ambea AB is operating at the current time. Most of Ambea AB's value examination focuses on studying past and present price action to predict the probability of Ambea 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 Ambea AB's price. Additionally, you may evaluate how the addition of Ambea AB to your portfolios can decrease your overall portfolio volatility.